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India’s GDP expected to reach USD 5 trillion by 2025: Economic Affairs Secretary
With economic reforms adopted in the last few years starting to bear fruit, India is poised to remain the fastest growing large economy in the world, and its GDP is expected to reach USD 5 trillion by 2025, a top Indian official has told the World Bank. -
IMF, World Bank must develop strategy for enhancing public debt transparency: India
The rapid, strong increase in debt in developing countries and the lack of transparent, sustainable financing practices call for greater international coordination, said French Finance Minister Bruno Le Maire. -
India using digital technologies to transform delivery of services, says Economic Affairs Secretary Subhash Garg
The main agenda of the G-20 Meeting was to discuss prospects and vulnerabilities of global economy, harnessing future of work for inclusive growth and take stock of progress made under G20 Compact with Africa Initiative. -
Swedish minister Michael Damberg on cashless society
Swedish minister Michael Damberg on cashless society -
Billionaire Marcus Wallenberg on investing in India
Billionaire Marcus Wallenberg on investing in India -
GST roadblocks hit India’s export prospects in FY’18: PHD
While releasing the study on ‘Impact of GST on Business, Industry and Exporters', PHD Chamber President Anil Khaitan said that various structural and domestic factors such as after-effects of demonetisation and teething problems of GST have significantly impacted the potential of exports growth. -
SBI to save Rs 30 cr p.a. from wind, solar power investments
Energy generated through these renewable sources is solely for captive use by bank's various offices and branches across the country, making them free of any carbon emission, it said. -
New industrial policy to up investment, manufacturing share in GDP, says Suresh Prabhu
Noting that GST was a very important matter, the minister said the government had met export organisations and many issues had already been addressed. He said that outstanding issues on GST will be taken to the GST Council and would be properly addressed. -
Jobs at risk? WTO says breakdown in trade relations among major players could threaten ongoing economic expansion
Indeed, it can be argued that without the WTO, a wave of protectionist measures would have been stirred up by the 2008 crisis, significantly worsening the economic effects of that downturn, he said. -
Indian Overseas Bank inks information utility pact with NeSL
Indian Overseas Bank inks information utility pact with NeSL -
Is cash crunch affecting printing machinery business?
Is cash crunch affecting printing machinery business? -
No more Vijay Mallya, Nirav Modi like cases; Cabinet passes Fugitive Economic Offenders Ordinance
To ensure that there are fewer cases like Vijay Mallya, Nirav Modi the Union Cabinet on Saturday passed the proposal to promulgate Fugitive Economic Offenders Ordinance. -
Cabinet approves Fugitive Economic Offenders Ordinance 2018 that provides for confiscating properties of fugitive loan defaulters
The Fugitive Economic Offenders Bill was introduced in Lok Sabha on March 12 but could not be passed due to logjam in Parliament over various issues. It seeks to confiscate properties of economic offenders - like Nirav Modi- who have left the country to avoid facing criminal prosecution. -
Big reforms made India fastest growing major economies globally, says Subhash Chandra Garg
Garg was addressing the Special Event hosted by US-India Strategic Partnership Forum on ‘Indian Economy: Prospect and Challenges' in Washington D.C on Friday. -
India’s role to expand in Indo-Pacific region: IMF
The IMF in the latest World Economic Outlook (WEO) has projected India to grow at 7.4 per cent in 2018 and 7.8 per cent in 2019. China is expected to grow respectively at 6.6 and 6.4 per cent in the two years. -
More than 700 million workers living in poverty in emerging and developing countries: ILO
There were more than 700 million workers living in poverty in emerging and developing countries who were unable to lift themselves above the USD 3.10 per person daily threshold in 2017, the International Labor Organization has said. -
80% adult Indians now have bank accounts, thanks to Aadhaar, Jan Dhan Yojna, says World Bank
In India, 80% adult Indians now have bank accounts and the World Bank says it has been made possible due to Prime Minister Narendra Modi's Jan Dhan Yojna and verification through Aadhaar. -
Trade war: World’s two largest economies – China and US trade dispute to hurt global growth, says EIU report
According to the Economist Intelligence Unit (EIU) report, while global trade will be overshadowed by the ongoing dispute between China and the US, appetite for new free-trade deals will continue in the rest of the world including those involving India. -
G20 financial leaders see downside risks to global economy from trade disputes
Financial leaders from the Group of 20 (G20) have expressed concerns that trade disputes among major economies could pose downside risks to the global economy, Argentine Treasury Minister Nicolas Dujovne has said. -
Here’s why Goldman Sachs feels a ‘mean-spirited’ and ‘real aggressive’ Trump trade war is unlikely
Even as top market voices caution against a full-blown trade war on US President Donald Trump’s protectionist policies and China’s retaliation, Goldman Sachs says that it would be negative for both countries, and the parties will try to avoid such a situation. -
Getting more women into formal workforce is priority for India, says IMF deputy director
India must focus as a priority on ensuring that more women work in the formal sector as it continues with labour reforms, according to Ken Kang, the deputy director in International Monetary Fund (IMF) Asia Pacific Department. -
India’s growth momentum must continue despite elections: IMF
The International Monetary Fund has said it wants continued momentum in India's growth and structural reforms despite the election period. -
Drain on exchequer: Despite UDAY, state PSUs eat into budget funds
Companies owned by state governments persisted with their relentless draining of the exchequer in FY17, an analysis of some 400 of them — nearly half of the total — by FE showed. -
First-ever India-SA business summit later this month
In an effort to maximise the potential of the economic and commercial partnership and double the bilateral trade, the first-ever India-South Africa business summit will take place in Johannesburg on April 29 and 30. -
Coal famine in Chhattisgarh, Madhya Pradesh plunges Kerala into blackouts
Shortage of coal at Jindal Tamnar Thermal Station, Chhattisgarh, and Jhabua Thermal Station, Madhya Pradesh, has hit power supply in Kerala.
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