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India has pushed for a stronger global agreement to battle overfishing based on the principles of 'common but differentiated responsibility and 'polluter pays' whereby developed nations that have exploited the most oceanic resources being held responsible for marine ecosystem collapse and cutting back subsidies more.
The country's rate-setting panel is widely expected to raise the policy rate to as much as 5.5-to-6 percent in the current rate hike cycle. Policy action after that could be data dependent.
”We share similar challenges in a wide range of fields, from agriculture, climate and water to homeland security, fintech and cyber,” Israeli Economy Minister Orna Barbivai said in a statement.
Developed members of the World Trade Organization (WTO) are pushing to eliminate subsidies under the proposed fisheries subsidies agreement, which is under negotiation here.
A massive addition in the generation capacity, integrating the country into one transmission grid and strengthening of the distribution system during eight years of the Modi government is ensuring the 23 to 23.5 hours of electricity supply, he said in an interview with PTI.
Speaking at the finance ministry’s iconic week celebrations of ’Azadi ka Amrit Mahotsav’, Nageswaran had said last week that IMF has forecast the Indian economy to cross USD 5 trillion by 2026-27. India’s Gross domestic product (GDP) in dollar terms has already crossed USD 3 trillion.
Companies are steadily drawing down from a $71-billion loan pipeline, Dinesh Kumar Khara, chairman of State Bank of India, says. Loan growth at the 216-year-old lender is expected to be robust, underpinned by demand from businesses after two straight years of credit contraction
Most economists still expect a half-point hike next week, and more of the same at subsequent meetings through at least September if not further
He also slammed the comments made against Prophet Mohammad allegedly by suspended BJP leader Nupur Sharma but asked people to be patient and not be provoked over the issue
Support for hybrid working is high across demographics. But bosses should ask why — and address the reasons
In a bid to provide a slew of services to people through PDS dealers, a memorandum of understanding was signed between the state food, public distribution and consumer affairs department and CSC-SPV, an official release said.
Modi also launched the biotech showcase portal, which parades 750 indigenous products and technologies from the biotech sector
RBI policy meet outcome | If RBI were to reach zero or deficit liquidity by end of 2022 and this coincides with a sharper pick up in credit and wages, we may be staring at far higher loan rates sometime soon
The Indian top universities are led by IISc, followed by IIT-Bombay and IIT-Delhi respectively.
On the sidelines of Visitor’s Conference 2022, President Kovind met distinguished donors and philanthropists who have donated to IISc Bangalore and IIT Madras to strengthen the educational infrastructure and develop new research and innovation centers at these institutions.
The minimum fare has been increased to Rs 20 from the existing Rs 18, and the running fare for each subsequent kilometre has been hiked to Rs 15 from the present Rs 13, state Transport Minister Purnesh Modi announced after meeting representatives of various auto-rickshaw unions.
RBI has raised the repo rate by 50 basis points, an increase for the second time in five weeks at the conclusion of the monetary poly committee’s three-day meeting on June 8. Here’s what Shaktikanta Das said during the policy press briefing.
India is quite serious about meeting its commitments under COP26, but may have to offer higher fiscal subsidy to convince the people to go green, the chief economic adviser said.
Since India banned private wheat exports on May 13, exporters have been using a registration process to apply for shipping out wheat that has already received Letters of Credit. Nearly 1.1 million tonnes of such stock currently await scrutiny at ports, and run the risk of being destroyed by monsoon rains in just a week from now.
The portal can be used to avail loans for education, agricultural infrastructure, business activity and livelihood opportunities.
France is currently the top most destination for FDI into Europe even though it ranks third on the list of Indian investments in the continent.
However, the month witnessed an unprecedented rise in input prices, which businesses continued to pass on to consumers
The government has deployed diplomats posted at Indian embassies abroad to push rice exports. Talks are underway with some countries for substituting wheat exports, banned in May, with rice.
There is considerable momentum in economic activity in India and while the inflation rate is high “compared with the experience of many developed and developing countries, India is somewhat better placed,” Nageswaran said.
The portal will digitize Indian exporters and help them become discoverable online, promote exports from all Indian states, and showcase a wider range of products & services.
