Price pressures in India remain high and it would be premature to lower the guard on inflation, majority of the members of the Reserve Bank of India’s (RBI) monetary policy…
Category: Economy
India’s Private Equity investors are bullish on the country’s infrastructure growth story; here’s why
India’s private equity investors are optimistic about the country’s infrastructure growth story, especially when it comes to future investments in the social sector and renewable projects. According to Ami Momaya,…
Rajasthan’s Barmer Refinery is ‘Jewel of the Desert,’ says Union Minister Hardeep Puri
Hardeep S. Puri, the Union Minister of Petroleum and Natural Gas, recently addressed the press at the HPCL Rajasthan Refinery Limited (HRRL) complex, stating that the Barmer Refinery in Rajasthan…
Indian economy showing signs of resilience, says Prashant Khemka of White Oak Capital
We are towards the fag end of US Federal Reserve hikes and inflation, with recent data points suggesting that the economy is much stronger than what the market was anticipating,…
UPI linked to Singapore’s PayNow: PM Modi hails development, calls it ‘new milestone in India-Singapore relations’
Top Highlights > India’s UPI was linked to its corresponding network PayNow in Singapore to enable faster remittances. > The first transaction was done by RBI Governor Shaktikanta Das and…
G20: India to invite friendly neighbours for March meet; Pakistan likely to not make the cut
India has decided to invite friendly neighbours for one of the critical G20 meetings to be held in March in Hyderabad, but Pakistan is not likely to make the cut.…
India, China to contribute over half of global growth this year, says IMF
India and China are expected to contribute more than half of the global growth this year while the rest of Asia will contribute an additional quarter, according to the International…
Centre invokes emergency law to force coal-based power plants to up output
India on Monday invoked an emergency law to force power plants that run on imported coal to maximise output ahead of an expected record surge in power usage this summer,…
Govt appoints ex-Commerce Secretary BVR Subrahmanyam as CEO of NITI Aayog
Former Commerce Secretary BVR Subrahmanyam has been appointed as NITI Aayog CEO for two years, announced government on Monday. The Appointments Committee of Cabinet has approved the appointment. Subrahmanyam replaces…
New GST rates: What’s expensive, what’s cheaper?
The GST Council, headed by Union Finance Minister Nirmala Sitharaman, took several decisions at its 49th meeting in New Delhi on Saturday. The Council agreed to reduce the Goods and…