New Delhi, June 11 (IANS) Finance Minister Nirmala Sitharaman said on Thursday that India continues to be among the world’s fastest-growing major economies, with GDP growth projected to remain robust at around 7 per cent over the medium term.
New Delhi, June 11 (IANS) Prime Minister Narendra Modi on Thursday urged states to transform India's demographic dividend into a ‘development dividend’ by investing in education, skilling and capacity-building of young people, as he chaired the 11th Governing Council Meeting of NITI Aayog.
New Delhi, June 11 (IANS) The National Company Law Tribunal (NCLT) on Thursday admitted a plea filed by the State Bank of India (SBI) and initiated personal insolvency resolution proceedings against industrialist Anil Ambani in his capacity as a personal guarantor for loans extended to Reliance Communications (RCOM) and Reliance Infratel Ltd (RITL).
Washington, June 11 (IANS) India has entered a phase of “peak development potential” and is poised to sustain high growth over the next two decades, the World Bank's Chief Economist Indermit Gill said, arguing that the country's economic trajectory will be driven by its own strengths rather than by following China's development model.
New Delhi, June 11 (IANS) Two years ago, Kenya walked away from an ambitious airport deal with India’s Adani Group amid protests, strikes, and a storm of political backlash. Today, the East African nation has signed on the dotted line -- this time with a Chinese state-backed giant -- for a much larger, nearly $3 billion overhaul of its busiest airport.
Washington, June 11 (IANS) The World Bank Group said on Thursday it is prepared to deploy up to $100 billion over the next 15 months to help developing countries cope with the economic fallout from the conflict in the Middle East, as rising energy prices and slowing growth place fresh pressure on vulnerable economies.
New Delhi, June 11 (IANS) The Quad Foreign Ministers’ Meeting held in New Delhi last month shows that the alliance is not becoming obsolete; rather, it has gained further credentials as a needed deterrence and fallback because the very strategic environment that created it has become more militarised and the threats have deepened, according to an article.
Washington, June 11 (IANS) The conflict in the Middle East is emerging as a major economic threat to South Asia through rising oil, gas and fertiliser prices, with the World Bank warning that the region is among the most exposed to the fallout from the crisis despite remaining the world's fastest-growing economic region.
New Delhi, June 11 (IANS) Brazilian plane manufacturer Embraer sees a major opportunity in setting up a base in India for its smaller jets as the company tries to position itself as an alternative to aerospace giants Airbus and Boeing, with airlines looking to cut soaring fuel costs and increasing delays in delivery of aircraft from the world’s Big-2 plane makers, according to a report.
Muscat/ New Delhi, June 11 (IANS) The India‑Oman Comprehensive Economic Partnership Agreement (CEPA) is special as it comes into force at a time when India faces a sharp disruption in Gulf trade after the Strait of Hormuz crisis and also because of Oman's unique geography.
