The board of Invest India has appointed Manmeet K Nanda as the Managing Director and Chief Executive Officer of the investment promotion and facilitation body under the commerce ministry. Nanda…
Category: Economy
Unlike the global economy, India won’t face slowdown: RBI article
Unlike the global economy, India will not face a slowdown and maintain the pace of expansion achieved in 2022-23, an RBI article said on Tuesday. “We remain optimistic about India,…
Deal activity in Asia-Pacific down by 42%, in India by 50.8% in Feb, shows data
Deal activity in the Asia-Pacific (APAC) region, a critical market for global deal-making, has seen a significant decline of 42.2 per cent year-over-year in February 2023, as per GlobalData. Deal…
Windfall gains tax on domestic crude oil production cut to Rs 3,500 per tonne
The government slashed the windfall gains tax on the domestic production of crude petroleum by Rs 900 per tonne from Rs 4,400 tonne to Rs 3,500 per tonne. The new…
How inflation in poll-bound MP, Rajasthan, Chhattisgarh, Karnataka, Telangana fared in FY23
Five Indian states, namely Madhya Pradesh, Rajasthan, Chhattisgarh, Karnataka, and Telangana are going for assembly elections in the coming months ahead of general elections in 2024. Inflation is one of…
J&K to attract investments worth over Rs 75,000 crore: LG Manoj Sinha
The union territory of Jammu and Kashmir has received its first leg of foreign direct investment (FDI) worth Rs 500 crore. The UAE-based Emaar Group, the developer of the Burj…
People’s growing involvement in democratic processes to fast-track problem-solving: PM Modi
The resilience demonstrated by India’s democracy and its institutions amid the crisis witnessed in the past couple of years had led to their coming under attack from certain quarters, prime…
India’s power consumption rises 10% in Apr-Feb to 1375 billion units, crosses full fiscal energy supplies a year ago
India’s power consumption surged 10 per cent to 1375.57 billion units (BU) during April-February this fiscal year, and has already surpassed the level of electricity supplied in entire 2021-22. The…
India has shown the world democracy can deliver, says PM Modi
Prime Minister Narendra Modi, delivering the keynote address at India Today Conclave 2023, said India has shown the world democracy can deliver. There is a competition now among countries to…
Is Indian economy losing steam? Here’s what P Chidambaram and Neelkanth Mishra have to say
Veteran Congress leader and former Union Finance Minister P Chidambaram, on Saturday, said that the Indian economy is losing steam considering the fall in quarterly GDP figures. His views came…