The central government relaxed limitations for private sector satellite and rocket businesses in 2020, allowing them to conduct autonomous space activities rather than being sole suppliers to ISRO.
Raghuram Rajan said he's worried that earlier we would be lucky if we hit 5 per cent growth. The latest October-December Indian GDP numbers (4.4 per cent on year ago and 1 per cent relative to the previous quarter) suggest slowing growth from the heady numbers in the first half of the year.
After getting slowed down in a fairly broad-based manner post the festive season in October which raised investors concern, the Indian economic indicators have once again started showing signs of re-acceleration in early 2023, a report said.
Speaking on Pakistan's current situation as it battles serious economy collapse and is awaiting IMF bailout for the 9th time, EAM Jaishankar said that no country is going to come out of difficult situation and become prosperous power if its basic industry is terrorism.
EAM S Jaishankar at Raisina@Sydney: "And you can today see the same reflected in the investment climate, both in the flow of FDI, FII as well as in the investments which the government itself is leading the capital outlay in this year's budget," Jaishankar added.
Growth of the world's second-largest economy slid to 2.9 per cent over a year earlier in December from the previous month's 3.9 per cent, government data showed Tuesday.
The World Economic Forum (WEF) is set to take place in Davos, Switzerland from January 16 to 20, 2023. As one of the most highly-anticipated events in the global economic calendar, the WEF brings together some of the world's most powerful leaders to discuss the most pressing issues.
Budget 2023: The Union Budget is an annual event where the government presents its financial plans for the upcoming fiscal year watched by economists, businesses and the general public.
Chief Economic Advisor V Anantha Nageswaran's projection exceeds Modi government's expectation of becoming a USD 5 trillion economy by 2025.
The Syrian pound hit an all-time low of 7,000 pounds to the dollar on the black market last week before rebounding to around 6,000. It's still a significant plunge, given the rate was around 3,600 one year ago.
Kristalina Georgieva, the chief of the International Monetary Fund (IMF) made these grim assertions on Sunday during a CBS news programme "Face the Nation."
Interest rates hike: According to reports, the interest rates have also been raised on post office term deposits, National Saving Certificate (NSC) and senior citizen savings schemes.
China is on a bumpy road back to normal life as people return to schools, shopping malls and restaurants following the abrupt end of some of the world's most severe restrictions even as hospitals are swamped with feverish, wheezing COVID-19 patients.
Amid global shocks and challenges, the Indian economy presents a picture of resilience and the regulators are ready to take appropriate actions to preserve financial stability, RBI Governor Shaktikanta Das said.
China is battling one of the most contagious Covid waves so far, reporting nearly 1 million fresh cases daily and around 5000 deaths every 24 hours. The Chinese economy is being affected by the pandemic, the world is keen to know the recovery plan Jinping to balance the declining economy.
Lok Sabha witnessed a dramatic speech by TMC MP Mahua Moitra as her entire statement was around -Who is 'Pappu' now?- phrase she used to attack the government.
PM Modi on Global Crisis: Highlighting the reforms undertaken by the Centre for the development of the country, Prime Minister Narendra Modi on Saturday said that India is trying its best to save itself from the global crisis and economic slowdown.
Nobel Prize 2022: Frenchman Alain Aspect, American John F. Clauser and Austrian Anton Zeilinger had shown that tiny particles can retain a connection with each other even when separated, a phenomenon known as quantum entanglement, that can be used for specialized computing and to encrypt informatio
Service Sector Tumbling: The depreciation of the rupee posed additional challenges to the Indian economy. The latest report is contrary to the data that showed private sector sales rose at the weakest pace in six months, amid softer increases in the manufacturing and services economies.
Puri addressed 25th Energy Technology Meet, organized by Centre for High Technology, under the aegis of Petroleum and Natural Gas Ministry, Govt of India, in association with Hindustan Petroleum Corporation Ltd in Mumbai.
Top News
Latest News
