Strong action to spur consumption, investments and net exports will take India’s gross domestic product (GDP) growth rates much higher, according to Vikram Kirloskar, president of Confederation of Indian Industry (CII). This is the right time for India to think big and envision a GDP growth rate...
India’s unemployment rate rose to 6.1pc in the 2017/18 fiscal year, the statistics ministry said on Friday, presenting a challenge for Prime Minister Narendra Modi to kick-start job creation in his second term in office. The data, that has been repeatedly delayed, was released a day after...
India’s Department for Promotion of Industry and Internal Trade (DPIIT) under the ministry of commerce and industry has reportedly proposed to formulate a national retail policy to support growth of domestic trade as part of a 100-day action plan prepared by it for the new government. The...
India’s new cabinet on May 31 approved a scheme offering pension coverage to traders. All shopkeepers, retail traders and self-employed persons are assured a minimum monthly pension of ₹3,000 after turning 60. The scheme, expected to benefit more than 3 crore, is based on self-declaration as no...
Only days after The Indian People’s Party (BJP) confirmed its victory in the 2019 general election in India, and its leader, Narendra Modi, began his second term as the country’s prime minister, reports have emerged from the north of the country questioning the ability of the tanning...
January-March growth falls to 5.8%, down from October-December's 6.6%; slowdown puts pressure for fiscal stimulus, rate cut; 2018/19 growth estimate cut to 6.8% from 7%; weaker consumer demand, global slowdown undermine growth. India's economy grew at a much-lower-than-expected 5.8% in the January-March period, its slowest pace in...
Washington is reportedly not rolling back its decision to terminate India's designation as a beneficiary developing nation under the generalised system of preferences (GSP) scheme, terming the suspension a ‘done deal’. President Donald Trump on March 4 announced US intention for the same. The 60-day notice period...
India, which was the second largest exporter of textile and apparel during 2014-17 after China, has fallen to the 5th rank in 2018 as Germany, Bangladesh and Vietnam have stepped in, according to chairman of Confederation of Indian Textile Industry (CITI) Sanjay K Jain. India's exports in...
বাণিজ্য ক্ষেত্রে এত দিন যুক্তরাষ্ট্র থেকে ভারত একটি বিশেষ সুবিধা
(জেনারালাইজড সিস্টেম অব প্রেফারেন্স বা জিএসপি) পেত। এবার সে সুবিধা বন্ধ
করে দিচ্ছে ট্রাম্প প্রশাসন। যুক্তরাষ্ট্রের পক্ষ থেকে গতকাল বৃহস্পতিবার
জানিয়ে দেওয়া হয়েছে, ‘সিদ্ধান্ত পাকা।’
মোদি সরকারের সঙ্গে মার্কিন প্রশাসনের সুসম্পর্কের কথা সবার জানা।...