LiveIndia to See $500 Bn Investment in Renewables by 2030: IEEFA
India is set to see investments to the tune of around $500 billion in the renewables sector if the country has to achieve the target of...
Category : ECONOMY
RBI Sets Up Panel to Consolidate Urban Co-operative Banks
The Reserve Bank on Monday set up a committee to draw a vision document for strengthening urban cooperative banks (UCBs) and exploring the potential of consolidation in...
New Foreign Trade Policy to Include E-Commerce Exports Chapter
The new Foreign Trade Policy is likely to focus on encouraging exports by e-commerce as additionally figuring out districts as export hubs whereas re-looking at...
State-Run Oil Companies’ Capex to go Up by 6.5% in FY22
Capital spending at Oil and Natural Gas Corp is targeted to drop 8 per cent in 2021-22 from the current year while it’s set to...
IKEA India FY20 Results: Net Loss Widens to Rs 720 Cr, Sales up 65%
Furniture retailer IKEA India saw its net loss widen to Rs 720 crore in the financial year ended March 2020. The company had registered a...
Forex Reserves up by $2.56 Bn to Record $581.131 Bn
At a time when the economy is under stress due to the coronavirus pandemic, India’s foreign exchange (forex) reserves have been rising at a very...
RBI identifies Cross Border Payments of ‘Sandbox’ Innovation
The Reserve Bank of India has identified cross-border payments as the second cohort of its regulatory sandbox (RS) program in a bid to make international remittance...
FM Sitharaman Holds Pre-Budget Consultations With Top Industrialists
Finance Minister Nirmala Sitharaman will start the pre-budget consultations with different stakeholder groups from Monday, December 14. The consultations will be held for the forthcoming General...
Govt to Impose New Tariffs on Import of Solar Cells and Modules
India plans to impose new tariffs on imports of solar cells and modules from 1 April 2022, power and renewable energy minister Raj Kumar Singh...
Foundation for 7.5-8% GDP Growth in Future has Been Laid: Niti Aayog’s Rajiv Kumar
The foundation has been laid for a GDP growth rate of 7.5-8 pr cent beyond 2021-22, says Niti Aayog vice-chairman Dr Rajiv Kumar, media reported. Kumar...