Tag: india
‘FDI rule tweak shouldn’t worry any country’
Days after tweaking FDI rules, India on Thursday said no country should be worried about the new regulations. China has strongly objected to the change…
Sri Lanka to seek $400m financial facility from RBI
Sri Lanka is set to enter into an agreement with the Reserve Bank of India for a currency swap worth $400 million to boost the…
Remittances to India may decline by 23%: World Bank
As a result of the deadly coronavirus pandemic, which has resulted in a global recession, remittances to India are likely to drop by 23 per…
Fitch Ratings sees India growth slipping to 0.8% in FY21
Fitch Ratings on Thursday slashed India’s economic growth projections to 0.8 per cent in the current 2020-21 fiscal saying an unparalleled global recession was underway…
‘India stares at recession for 1st time in 40 yrs’
A report by Axis Bank has said that India would go into recession in FY21 – the first time in 40 years because of the…
India studying Trump’s exec order on immigration
India is studying President Donald Trump’s executive order temporarily halting immigration into the US for 60 days and its possible impact on Indians, government sources…
RBI allows banks to issue e-cards for overdraft a/c
Relaxing norms, the Reserve Bank of India on Thursday permitted banks to issue electronic cards to persons having overdraft accounts that are only in the…
Crude crash to ease some Covid-19 pain for India
Black Gold has fallen from grace. And How! US crude WTI sank into negative territory for the first time in history at -$37/barrel and Brent,…
Changes in FDI rules don’t violate treaties: India
A day after China’s outburst over the change in foreign direct investment policy, India on Tuesday hit back at its neighbour, saying the amendment did…
S Korean firm makes Covid test kits in India
A South Korean firm has started production of the COVID-19 rapid antibody testing kits in its Indian subsidiary plant to meet the growing demand of…
Paytm cuts losses 20% as e-pays fall
Paytm has started curbing expenditure amid the pandemic to extend its runway. The e-payments major — India’s most valued startup at $16 billion — has…
Confusion, questions as parts of India return to work
As parts of India stirred to life on Monday amid a conditional easing of the lockdown, confusion prevailed in Delhi and NCR on how to…
Lockdown: How RBI can help revive economy
The Reserve Bank of India has a number of policy options to draw upon to cushion the economic blow from the coronavirus pandemic. With a…
India agrees to sell HCQ tablets to Malaysia to help fight Covid-19
India has agreed to sell hydroxychloroquine tablets to Malaysia for use in the treatment of Covid-19 patients, a Malaysian minister told Reuters on Wednesday, with…
HARD Lyrics and Video Song – Emiway Bantai
20-30 inke gane release huye hongeItne mein bande crease24 saal ke umar mein main de raha sab ko shotKisi ki umar hai 30 plus..Kulfaa kar…
‘GDP projections by World Bank, IMF too optimistic’
Former chief economic adviser (CEA) Arvind Subramanian on Wednesday said the GDP (gross domestic product) numbers being projected by the World Bank and IMF (International…
Over 20 lakh jobs at risk in Indian aviation: IATA
More than 20 lakh jobs are at risk in India’s aviation space and dependent sectors in the wake of the coronavirus pandemic, according to global…
India to grow 1.9%, global eco to shrink 3%: IMF
The latest IMF forecast puts India as one of the fastest growing major economies even in the midst of the Covid-19 devastation, although it will…
This IT services co hikes pay, grants allowances
French IT services firm Capgemini, which has 1.2 lakh of its over 2 lakh employees in India, has rolled out high single-digit hikes for 70%…
Lockdown sends grey-market booze prices soaring
Alcohol prices in India’s grey market have more than quadrupled and online searches for how to make homemade alcohol have soared during India’s nationwide coronavirus…
India plans to fill strategic oil storage by May
India is moving the oil to the SPR to help the country’s refineries reduce their excess crude as the lockdown to contain the outbreak of…
India to boost drug ingredient output to pare China
The government has aggressively begun implementing a policy to ramp up local output and emerge as an alternate to China, according to people familiar with…
IMF projects India’s growth rate at 1.9% in 2020
The International Monetary Fund on Tuesday projected a GDP growth of 1.9% for India in 2020, as the global economy hits the worst recession since…
EU airline sells tickets for repatriation flight, India cancels it
India has cancelled a repatriation flight that was supposed to be operated by a leading European airline to fly back foreigners home from here. This…
India tightens curb on import of refined palm oil
India on Monday tightened the curbs on import of refined palm oil by putting more conditions for the inbound shipments of the commodity. On Jan…
Kirana supplying B2B companies see orders rise 60%
India’s business-to-business commerce startups like Udaan, Jumbotail, WayCool and Ninjacart — which supply groceries and vegetables to tens of thousands of kiranas — are seeing…
UK to receive 1st batch of paracetamol packets from India
The UK will receive a first batch of 3 million paracetamol packets from India by Sunday as it expressed gratitude to the Indian government for…
15 million jobs likely to be lost in export sector
With cancellation of over 50% of orders and gloomy forecast for the future, India’s export sector may witness 15 million job losses and rise in…
Industry readies plans for life after lockdown
A leading consumer durables company has begun sanitising its plant in north India for a possible opening-up after three weeks of lockdown due to the…
G-20 backs output cut deal as India, Saudi pitch for stable oil market
Energy ministers of G-20 countries on Friday backed the deepest-ever production cut deal to rebalance the global oil market, with India and Saudi Arabia –…