$5tn eco goal difficult, not impossible: Gadkari
Union road transport and highways minister Nitin Gadkari said on Saturday that the goal of making India a $5 trillion economy by 2024 was “difficult but not impossible”.
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Union road transport and highways minister Nitin Gadkari said on Saturday that the goal of making India a $5 trillion economy by 2024 was “difficult but not impossible”.
A day after he said e-commerce giant Amazon was not doing India a favour by investing $1 billion here, commerce & industry minister Piyush Goyal on Friday said the government…
The government has sought a deal with Indonesia to push Indian sugar, rice and bovine meat in return for higher quantity of palm oil imports from the Southeast Asian country.
Amazon.com Inc said on Friday it planned to create 1 million jobs in India by 2025, a day after the country’s trade minister said the e-commerce giant’s recently unveiled $1…
India’s move to restrict palm oil imports from Malaysia will create a huge challenge for the world’s second biggest producer of the edible oil as India has been its top…
Commerce and industry minister Piyush Goyal on Thursday said India and the US are in an “advance stage” of dialogue to resolve some of the pressing trade issues. He said…
Amazon hasn’t done India any big favours by investing $1 billion in the country, its trade minister said on Thursday, laying bare the tensions with the US online retail giant…
After Malaysia, Turkey is on the government’s radar for possible trade curbs for interfering in India’s internal issues. While concrete measures have been decided in case of Malaysia, with a…
The Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) is likely to hold a consultation before its next bimonthly meet in February, given the surge in inflation beyond the…
“Where RCEP is concerned, we have to look at cost and benefit. We will evaluate RCEP on its economic and trade merit. We have not closed our mind to it,”…
Amazon founder and chief executive Jeff Bezos, who is on a three-day visit to India, said on Wednesday that the e-commerce giant will use its global footprint to export $10…
The government has appointed Michael Debabrata Patra as deputy governor of the Reserve Bank of India in charge of monetary policy in place of Viral Acharya who stepped down in…
The government on Tuesday approved appointment of Michael Debabrata Patra as the new deputy governor of the Reserve Bank of India for a period of three years. Patra will replace…
The Competition Commission of India (CCI) on Monday ordered an investigation into alleged violations of competition law by India’s largest online retailers Amazon and Flipkart. The allegations include exclusive launch…
The economic slowdown may take a toll on job creation, with around 74 lakh new additions to the payroll during the current financial year, compared to nearly 90 lakh in…
Hours after BuzzFeed News’ editor-in-chief Ben Smith posted a tweet quoting him on the CAA, Microsoft’s global CEO Satya Nadella issued a more nuanced statement on the subject. “I’m shaped…
India has more than 560 million internet users, all generating data by the terabyte. Soon they’ll have an unprecedented amount of control over their digital financial footprints, with the ability…
Spike in headline inflation is an “unwanted complication” in a slowing economy and will prevent the Reserve Bank from cutting rates, analysts said on Monday, warning of the “spectre of…
Nearly a fourth of borrowers who defaulted to banks carried an investment grade credit rating up to a quarter before they defaulted, according to a report published in the Reserve…
To tap the booming Chinese market, IndiGo airlines has opened its first international call centre comprising six employees at Guangzhou in China to cater to queries from passengers that speak…
The dynamics of motor insurance in India is set to change with the insurance regulator taking a tough stance on auto companies controlling insurance distribution through broking firms.
The US Federal Aviation Administration (FAA) on Friday relaxed its ban on American airlines from overflying the airspace of Persian Gulf and Gulf of Oman. It has now permitted US…
Oyo has let go of 5% of its 12,000 employees in China partly due to non-performance, while dismissing 12% of its 10,000 staff in India, one of the people said.…
For the first time since 2008, India’s busiest airports – Delhi and Mumbai – have seen a year-on-year dip in passengers in 2019 compared with 2018. While Indira Gandhi International…
American economist Nouriel Roubini has indicated that the government should focus on economic issues, warning that there could be a loss of popularity if the economy goes down. He noted…
Internet shutdowns in India are not just disruptions in routine and individual freedom, but are also having an economic impact on the country. Around 4,196 hours of internet blackouts in…
Flying time between India and the west – Europe and the Americas – will increase by up to 40 minutes with several airlines deciding to avoid overflying the Iranian airspace…
The World Bank has projected a 5% growth rate for India in the 2019-2020 fiscal, but said it was likely to recover to 5.8% in the following financial year. The…
In a marginal relief to airlines as oil prices shoot up, the aviation ministry has decided to discontinue levy of airport operator charge or fuel throughput charge at all airports,…
Unfazed by projections of GDP growth slowing to an 11-year low in the current fiscal, PM Modi on Thursday said fundamentals of the Indian economy are strong and it has…