New Delhi, July 20 (IANS) Foreign Currency Non-Resident (Bank) or FCNR-B inflows in India are expected to boost aggregate bank deposit growth up to 15 per cent in FY27, helping narrow the gap between deposits and credit, although credit expansion is likely to remain robust, according to a report released on Monday.
Mumbai, July 20 (IANS) Domestic equity markets opened lower on Monday, tracking weak global cues and spike in crude oil prices amid escalating tensions in the Middle East kept investors cautious.
New Delhi, July 19 (IANS) Union Minister of Commerce and Industry Piyush Goyal has concluded a five-day visit to Spain, Belgium, Finland and Estonia aimed at deepening India’s economic partnership with Europe, while building on the momentum generated by the successful conclusion of the India–EU Free Trade Agreement (FTA) negotiations, according to a statement issued by the Commerce and Industry Ministry on Sunday.
New Delhi, July 19 (IANS) Civil Aviation Minister Rammohan Naidu Kinjarapu on Sunday said India is steadily moving towards a future where its citizens will fly in domestically manufactured civil aircraft, as the country's aerospace manufacturing capabilities continue to expand under the 'Make in India' initiative.
New Delhi, July 19 (IANS) Odisha’s coastline is set to witness a major transformation with the construction of the new 160.18 km Rameshwar–Paradeep Coastal Highway project to be developed by the Ministry of Road Transport & Highways (MoRTH) with a total capital cost of Rs 8,300.79 crore, according to an official factsheet issued on Sunday.
New Delhi, July 19 (IANS) China has become geopolitically more ambitious with its objective no longer merely to dominate rare earth production at home but also control the global industry by deciding which countries receive the technology, technicians and market access required to compete, according to Jack Lifton, Co-Chair, Critical Minerals Institute (CMI).
New Delhi, July 19 (IANS) China is showing increasing signs of slipping into a liquidity trap, with record-low interest rates, abundant bank liquidity and aggressive credit expansion failing to revive consumer spending, business investment or economic growth, according to recent economic data.
New Delhi, July 19 (IANS) The Centre is set to introduce five new bills during the monsoon session of Parliament which kicks off on Monday, which include proposals related to income tax and MSME reforms, an increase in the strength of Supreme Court judges and changes in the birth registration laws.
New Delhi, July 19 (IANS) The Technology Development Board (TDB) under the Department of Science and Technology (DST) on Sunday congratulated Skyroot Aerospace on the successful Vikram-1 mission, describing it as a watershed moment for India's private space sector that reinforces the country's emergence as a global hub for indigenous space technologies and deep-tech innovation.
New Delhi, July 18 (IANS) The government has extended the exemption from mandatory sourcing of Approved List of Models and Manufacturers (ALMM) List-II solar PV cells for net metering and open access renewable energy projects till December 31, while making it clear that there will be no blanket extension of the policy for all solar projects, an official statement said on Saturday.
