RBI maintains interest rates to remain the same

RBI maintains interest rates to remain the same

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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Indian economy rising again, leaving the Coronavirus crisis behind: Minister of State for Finance Anurag Thakur 

Indian economy rising again, leaving the Coronavirus crisis behind: Minister of State for Finance Anurag Thakur 

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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India will become the fastest growing economy with a growth rate of 12.6%, predicts OECD

India will become the fastest growing economy with a growth rate of 12.6%, predicts OECD

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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Budget has laid foundation for economic revival: Finance Minister Nirmala Sitharaman

Budget has laid foundation for economic revival: Finance Minister Nirmala Sitharaman

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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Indian forex reserves cross $590 billion

Indian forex reserves cross $590 billion

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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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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