New Delhi, May 26 (IANS) Bharatiya Janata Party (BJP) leader Amit Malviya on Tuesday slammed Congress MP Jairam Ramesh for putting forward “alarmist and misleading” arguments to criticise the economic policy of the government. Ramesh, who is also the Congress party’s communications chief, stated on X that Finance Minister Nirmala Sitharaman was focusing on the “3Fs”, fuel, fertilisers, and forex, but was overlooking the “all-important fourth F: falling rates of private investment tha…
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New Delhi, May 23 (IANS) Pakistan’s external sector has once again exposed the economy’s structural weaknesses amid the ongoing Middle East crisis, according to a new report.Despite short-term economic stabilisation measures, Islamabad has not done much to address deeper issues that continue to constrain its economic potential, according to the report in The Diplomat.Pakistan’s economy appears to be heading toward another challenging phase. “The current account deficit has once again res…
New Delhi, May 22 (IANS) India’s economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments even as the global economy continued to be shadowed by uncertainties in West Asia, according to the RBI’s monthly bulletin released on Friday.Industrial and services activity stayed strong in many segments. Early results of listed private non-financial companies for Q4:2025-26 also showed an improvement in business performance ove…
Amsterdam, May 12 (IANS) Prime Minister Narendra Modi’s two-day visit to Netherlands later this week will focus on strengthening bilateral ties and signing a strategic partnership between the two countries, a statement released by Netherlands government. On May 16, Netherlands King Willem-Alexander and Queen Maxima will receive Prime Minister Modi in audience at Huis ten Bosch Palace. Following this, a lunch will be hosted at the palace for the Indian Prime Minister and part of his delegation. M…
New Delhi, May 4 (IANS) The India‑New Zealand free trade agreement sets a bilateral trade target of $5 billion over five years and will act as a gateway to Oceania positioning India as a primary partner in the Pacific region, a report said on Monday.The report from Brickwork Ratings said the pact also envisages $20 billion of foreign direct investment into India over 15 years and that near‑term FDI will reportedly target pharmaceuticals, agri‑tech and education.Emerging technologies and gr…
New Delhi, May 2 (IANS) The Union government notified 100 per cent foreign direct investment (FDI) in the insurance sector under the automatic route, paving the way for greater participation by overseas investors, according to a report released on Saturday.NDTV Profit has reported that foreign investment in insurance companies will be subject to compliance with provisions of the Insurance Act, 1938, and mandatory approval from the Insurance Regulatory and Development Authority of India (IRDAI) f…
New Delhi, May 2 (IANS) India’s economy is likely to sustain growth above seven per cent in the near term even as geopolitical tensions in West Asia pose risks to the macroeconomic outlook, Chief Economic Adviser (CEA) V. Anantha Nageswaran said on Saturday.He noted that the timing of the conflict coincides with expectations of another year of strong growth, adding that the Union government is closely monitoring and managing crude oil supply dynamics.CEA Nageswaran said India’s reliance on impor…
New Delhi, May 1 (IANS) The India-UAE Comprehensive Economic Partnership Agreement (CEPA) is driving robust trade expansion and opening new avenues for Indian businesses, Union Minister Piyush Goyal said on Friday.Four years after the implementation of the India-UAE Comprehensive Economic Partnership Agreement, the bilateral economic relationship between India and the United Arab Emirates has witnessed significant growth across multiple sectors.Highlighting the progress in a post on social media…
New Delhi, April 26 (IANS) India’s fast-growing digital market, if left unregulated, can seriously damage the country’s traditional retail structure, which remains one of the largest generators of self-employment and jobs, the Confederation of All India Traders (CAIT) said on Sunday, urging the government to roll out an enforceable National E-Commerce Policy to protect crores of small traders, neighbourhood shops, and the livelihoods of crores of employees.In a letter sent to Union Commerce …
New Delhi, April 23 (IANS) The shipments of ‘Made in India’ smartphones grew 8 per cent (on-year) in 2025, driven by a 28 per cent surge in exports and a 1 per cent growth in domestic sell-in, according to a new report on Thursday.Exports accounted for approximately one-third of all smartphones manufactured in India, said Counterpoint Research’s ‘Make in India’ Tracker.Foxconn Hon Hai emerged as the key beneficiary with a 48 per cent YoY growth in its exports, driven by strong Apple sh…