Tag: India
Indian Forex reach all-time high of 516.362 billion dollars
Forex of India have increased by 3.108 billion USD to reach a fresh all-time high of 516.362 billion dollars in the week ended 10th July 2020. Foreign currency assets, a major part of the overall reserves, rose by 2.372 billion
Delhi govt cancelled university exams due to Coronavirus
New Delhi – Coronavirus confirmed cases in India have risen to 8.20 lakh recovery rate in India stands at 62.78 percent. India implemented lockdown in the country to curb the novel coronavirus pandemic 109 days ago. India has so far
India is now the UK’s second largest source of investment
London – Figures of department for International Trade UK show that US continues to be the number one source of foreign direct investment in the UK, delivering 462 projects and 20,131 jobs, while India is now the UKs second largest
520K Indians returned to India on VBM & chartered flights
New Delhi – More than 520K Indians have returned to India on Vande Bharat Mission & chartered flights, Naval ships & through land borders since 6 May.Nearly 70K have flown to various estinations.The mission has now dovetailed into Phase-4 &
Modi reviews planning and preparations for Covid vaccination
New Delhi – Prime Minister Narendra Modi chaired a high-level meeting to review the planning and preparations for vaccination against Covid-19, as and when the vaccine is available. Mr Modi enunciated four guiding principles that will form the foundation of
Illegal immigrants would not be allowed to stay in country – Shah
New Delhi-The Lok Sabha today passed the Citizenship (Amendment) Bill 2019. The Bill seeks to grant Indian Citizenship to persons belonging to Hindu, Sikh, Buddhist, Jain, Parsi and Christian communities who have migrated to India after facing persecution on grounds
Prabhu urged pharma companies to invest in R&D
Pharma sector is main Pillar of Indias manufacturing industry said Commerce & Industry Minister Suresh Prabhu.He was addressing at organisation of Pharmaceutical Producers of India.Prabhu asked pharma players to invest in a great amount in research & development.Indian pharma players
India Launches Digital Initiative for Ease of Export
New Delhi-Union Commerce and Industry and Civil Aviation Minister, Suresh Prabhu launched digital initiatives by Export Inspection Council (EIC) for ease of export at New Delhi.Speaking on this occasion the Minister said that India’s potential for agricultural and food export
India is the economic hope of globe – Naidu
The Vice President of India, M. Venkaiah Naidu has said that India is the economic hope of the globe and that the picture is both fascinating and complex as our economy is fast expanding. He was addressing the gathering after
Sell-off in equity markets is due to a weak global sentiment : Adhia
Finance Secretary Hasmukh Adhia said that sell-off in equity markets is due to a weak global sentiment and not because of long-term capital gains tax announced in the budget.10 per cent tax on long term capital gains (LTCG) is a
India ranks sixth wealthiest countries with 8,230 billion USD
According to a report by New World Wealth India has been ranked sixth in the list of wealthiest countries with total wealth of 8,230 billion US dollars, while the United States topped the chart.India was the best performing wealth market
IMF project India to grow at 7.4 per cent in 2018
India is projected to grow at 7,4 per cent in 2018 as against China’s 6,8 per cent, making it the fastest growing country among the emerging economies said IMF.Due to demonetisation and implementation of the GST, India’s economy slowed down
Danish companies have shown considerable interest in India’s flagship programmes
New Delhi-Minister of Foreign Affairs of Denmark, H.E. Mr. Anders Samuelsen is visiting India from 26-30 November 2017. He is accompanied by senior officials of his Ministry.India’s economic ties with Denmark have strengthened with growing trade and investments from both
India’s new tax regime can become a model for other countries – Subramanian
Hyderabad-Chief Economic Adviser, CEA, Arvind Subramanian described the GST implementation as a “transformational fiscal reform” that the country had not seen in the past.He said going forward the Goods and Services Tax, GST, may have fewer rates by collapsing 12
Finance Ministry : 83 per cent effective currency in circulation today
New Delhi- In a tweet Finance Ministry said, the total currency in circulation has come down to almost 15 lakh crore rupees as of 4th August from around 18 lakh crores.Only 83 per cent is the effective currency in circulation
Investigations in cases of ‘Paradise Papers’ to be monitored through reconstituted Multi Agency Group
New Delhi-Revelations made in the media under the name ‘Paradise Papers’ based upon expose done by the International Consortium of Investigative Journalists indicate that out of 180 countries represented in the data of offshore entities held by persons of different
India will grow to a 6-trillion-dollar economy – Morgan Stanley
Global financial services majorMorgan Stanley report predicts that India is likely to be the world’s fastest-growing large economy in the next 10 years, driven by digitisation, favourable demographics, globalisation and reforms.According to Morgan report the trend line in India’s annual
India will support UN reforms initiatives suggested by President Trump
External Affairs Minister od India Sushma Swaraj had many meetings with her counterparts from around the world to further India’s country’s foreign policy goals.She kicked off her engagements at UNGA with a trilateral meeting with her Japanese and American counterparts
