ASSOCHAM Chief confident that Indian economy is poised to take a leap

ASSOCHAM Chief confident that Indian economy is poised to take a leap

New Delhi: The Associated Chamber of Commerce and Industry of India (ASSOCHAM) expressed confidence that the economy of India, recovering from the Coronavirus pandemic, is poised to take a significant leap. Deepak Sood, the General Secretary of ASSOCHAM, referred to the substantial increase in the GST collection in the month of December while expressing the […]

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Indian economy recovering faster than expected, claims Oxford Economics

Indian economy recovering faster than expected, claims Oxford Economics

New Delhi: – Renowned US Institution, Oxford Economics, has claimed that the Indian economy is returning to normalcy faster than expected. At the same time, reports have been published that foreign investors have made investments of USD 351.09 billion in the first 13 days of November.    There are positive indicators in the Indian economy. Various […]

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Experts say bullish trend returning to Indian economy; PMI highest in 13 years

Experts say bullish trend returning to Indian economy; PMI highest in 13 years

New Delhi: Experts claimed that following the battle with the Coronavirus, the bullish trend is returning to the Indian economy. The experts pointed to the reports, giving positive indications regarding the economy, received during the last two days. The PMI index of India has been upgraded for the third successive month. There is an improvement […]

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How much longer will India have to wait for permanent UNSC seat – PM Modi lashes out at UN

How much longer will India have to wait for permanent UNSC seat – PM Modi lashes out at UN

New Delhi: – It is being said that the third world war has not started. But many wars are being fought in the world; there are bilateral conflicts between many countries with massive bloodshed. Many casualties have been reported. The United Nations has failed to stop this. The United Nations could not take effective actions […]

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India will become Atmanirbhar if attention is paid to 15 sectors, claims ASSOCHAM

India will become Atmanirbhar if attention is paid to 15 sectors, claims ASSOCHAM

New Delhi: If the goal of making India Atmanirbhar (Self-Reliant) has to be achieved, special attention must be provided to 15 sectors. The Associated Chambers of Commerce and Industry of India (ASSOCHAM), the apex organisation of the entrepreneurs in the country, claimed that if the production capacities in these sectors are increased, the country can […]

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Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

New Delhi: The details of the economic package of ₹ 20 lakh crores, announced by Prime Minister Narendra Modi, were given by Finance Minister Nirmala Sitharaman on Wednesday. The Prime Minister had said that the cottage, home, micro, small and medium industries, employing millions of people, are the firm foundation of the ‘Self-reliant India Campaign’. […]

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13 public sector banks in profit, claims Union Finance Minister

13 public sector banks in profit, claims Union Finance Minister

New Delhi: The measures taken by the government for the public sector banks reeling under the pressures of non-productive loans, have been implemented successfully as Union Finance Minister Nirmala Sitharaman claimed that 13 banks had declared profits in the first six months of this year. The Finance Minister gave this information after the meeting with […]

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The decline in the Indian economy worrisome, warns IMF

The decline in the Indian economy worrisome, warns IMF

New Delhi/Washington: Chief Economist of the International Monetary Fund (IMF), Geetha Gopinath, met Indian Prime Minister Narendra Modi and held talks. A few days ago, Geetha Gopinath had expressed concerns over the slowdown in the Indian economy. Citing regulatory uncertainty as one of the significant reasons in the slowdown of the Indian economy, Geetha Gopinath […]

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