Jaipur, July 11 (IANS) Union Minister for Culture and Tourism, Gajendra Singh Shekhawat, said on Saturday that under the leadership of Prime Minister Narendra Modi, the Union government has set a target of increasing the tourism sector’s contribution to the national economy from the current six to 10 per cent by 2047. As an interim milestone, the Union government is working to raise tourism’s share to seven per cent by 2030.Addressing the media at his residence, Shekhawat said India’s growing gl…
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Washington, July 11 (IANS) China has rejected warnings of a new economic “China Shock 2.0,” saying its expanding technological and industrial strength offers countries greater market access, deeper cooperation and new investment opportunities rather than threats.Liu Chang, spokesperson for the Chinese Embassy in Washington, said Friday that China’s emerging technologies and products would advance global development and make advanced technologies more accessible.“Some, however, see it thr…
Guwahati, July 10 (IANS) Assam Chief Minister Himanta Biswa Sarma on Friday said the state government has set an ambitious target of positioning Assam among the top 10 states in the country in terms of tourist footfall, announcing a series of measures in the 2026-27 Budget to strengthen tourism infrastructure and attract more domestic and international visitors. Speaking to reporters here after the presentation of the state Budget by Finance Minister Jayanta Mallabaruah in the Assembly, CM Sarma…
Auckland, July 10 (IANS) India’s economic development and inclusive growth under Prime Minister Narendra Modi has been quite transformational and extremely impressive, New Zealand Trade and Investment Minister Todd McClay said on Friday.In an exclusive interview with IANS, McClay said he has witnessed India’s progress over the years and described the country’s economic journey as remarkable.”It’s been quite impressive. I’ve been coming to India for many years. In fact, I was looking at trade neg…
Auckland/New Delhi, July 10 (IANS) India is one of the world’s most important rising powers and the India-New Zealand Free Trade Agreement comes at a crucial time as New Zealand adapts to an increasingly multipolar world, New Zealand Member of Parliament Phil Twyford said on Friday while welcoming Prime Minister Narendra Modi’s visit to the country.Speaking to IANS in Auckland, Twyford said India has emerged as a political and economic powerhouse in Asia and that New Zealand stands to benefit fr…
Guwahati, July 9 (IANS) Assam Chief Minister Himanta Biswa Sarma on Thursday said the state has witnessed a sharp increase in the number of registered Micro, Small and Medium Enterprises (MSMEs), asserting that the sector has emerged as a major driver of employment generation and economic growth. In a post on social media platform X, Sarma said Assam currently has 17.29 lakh registered MSMEs operating across various sectors and stressed that the government aims to further expand the ecosystem.”T…
Washington, July 3 (IANS) US President Donald Trump pointed to India as one of the world’s fastest-growing major economies, arguing that the United States should be achieving much higher economic growth instead of being constrained by concerns over inflation and interest rates.In an interview with CNBC, Trump praised India’s economic performance while criticising the US Federal Reserve for what he described as an overly cautious approach to monetary policy.”You have a couple of countries, India …
Guwahati, July 2 (IANS) The Assam government has approved a series of reforms aimed at encouraging greater private participation in higher education by easing regulatory norms for establishing private universities in the state. Chief Minister Himanta Biswa Sarma on Thursday said the Assam Cabinet has introduced policy changes that will make it easier for reputed private institutions to invest in the higher education sector.”To harness Assam’s fullest potential we aim to expand access to quality …
New Delhi, July 1 (IANS) Pakistan’s slow growth is more than an economic challenge – it is the country’s foremost national security threat, and no amount of military strength, diplomacy, or managed stability can rescue a nation that is sliding deeper into poverty while its population keeps growing, according to an article in the Pakistani media. The security establishment’s greatest adversary is not India, Afghanistan, or terrorism, but Pakistan’s own slow economic decay. This is not about GDP; …
New Delhi, June 28 (IANS) As GST, considered the biggest tax reform since India’s independence, completes 9 years on July 1, it has also gained near-universal acceptance among businesses as a simple and trusted digital ecosystem, according to the latest Deloitte Survey.The next phase, GST 2.0, will move beyond digitalisation to an intelligent, predictive and integrated framework, with businesses seeking AI-driven compliance, data-led dispute reduction and a seamless, unified taxpayer experienc…