New York – Production in China, considered the world’s factory, has slowed down due to corona pandemic, power shortages and other serious problems. This has led countries worldwide, which depend on China for products and raw materials, to feel the need for a ‘Global Reset’. This means the creation of a new centre of global […]
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Mumbai: – Reserve bank of India (RBI) announced its bi-monthly credit policy. Everyone was apprehensive about what decisions the RBI would take in the credit policy, while there is a massive price rise, as the Coronavirus pandemic is rampant again. RBI did not make any change in the interest rates, as expected by the markets. […]
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New Delhi: – The Minister of State for Finance, Anurag Thakur, said it is clearly visible that the Indian economy is rising again, leaving the Coronavirus crisis behind. In February, foreign institutional investment in the country stood at around Rs 25,787 crore. Citing this, the Minister of State for Finance expressed confidence that the country’s […]
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New Delhi: The Organisation for Economic Cooperation and Development (OECD) claimed that India would emerge as the fastest growing economy globally, with a growth rate of 12.6%. A few months ago, this institute had predicted that the Indian economy would grow at 7.9% during the year 2021-22. But the prediction has been revised. The government’s […]
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New Delhi: The capital fund for rail and road construction has been raised by 34.4% in the budget 2021-22. This enormous capital fund investment for development in the recent budget has laid the foundation for national development, asserted Union Finance Minister, Nirmala Sitharaman. Sitharaman expressed this faith while responding to a press conference on this […]
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Hyderabad: Indian foreign exchange reserves have crossed $590 billion. In contrast, the total Indian foreign debt stands at $544 billion. Union Minister of State for Finance, Anurag Thakur expressed satisfaction saying that India has joined the Net Creditor countries’ ranks. In the last one year, Thakur pointed out that there has been a substantial rise […]
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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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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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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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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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