Economy

For the creation of a million productive jobs, India has to build at least 1,000 quality universities in the next 10 years and 50 times as many technical colleges, according to research report.

The new government at the Centre in New Delhi, will have a “fairly robust” economic agenda and need to support fiscal integrity and reforms.

Further liberalization in FDI policies has attracted major global Private Equity (PE) funds to double their investments in the Indian retail sector.

The Reserve Bank of India has formalized “Payment and Settlement Systems in India: Vision 2019 – 2021” based on inputs from various stakeholders and guidance of the Board for Payment and Settlement Systems (BPSS).

Downward trend in labour-intensive sectors of exports not good for the economy, said FIEO President Ganesh Kumar Gupta, reacting to export growth of a mere 0.64% for April 2019.

Indian defence industry sees good opportunities for exports to the South East Asian and Gulf countries where economic slowdowns have added to budgetary constraints in acquiring viable, cost-effective and reliable solutions.

California-based Patra’s recent investments in new global operations have set the foundation for its continued growth and a successful start to 2019 with two processing centres in Vizag, India, and Manila setting the stage for its increased production.

Several prominent members from India’s private and public sector have shared ways in which they are supporting India to meet its climate change objectives.

The World Trade Organization meeting, held 13-14 May 2019 in New Delhi, discussed recent developments and explored ways for working with all Members to strengthen the multilateral trading system.

The Federation of Indian Chambers of Commerce and Industry's (FICCI)  latest 'Quarterly Survey on Manufacturing' highlights a continued positive sentiment for manufacturing sector in Q4 of 2018-19.