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UN revises growth forecast to 5 per cent for India in current fiscal
Its estimate for FY21 was also further downgraded to 5.8%-5.9% from 6.6% in the report, said Nagesh Kumar, head of the UN economic and social commission for Asia and the Pacific, while presenting the report in Delhi. Since the report was finalised in October it did not take into account the second quarter results and hence the outlook has been revised, Nagesh Kumar said.
Auto industry seeks bold fiscal measures in the Budget to revive growth
The sector — suffering for a year now — reported its worst-ever sales...
India needs continued structural reforms to boost growth: UN report
The report has also lowered GDP growth estimate for India while expressin...
PM Modi meets EU High Representative Josep Borrell Fontelles
Josep Borrell Fontelles, High Representative of the European Union for Foreign Affairs and Security Policy met Prime Minister Narendra Modi ...
IRDAI proposes to standardise, simplify policy wordings of health indemnity insurance policies
The objective of the guidelines on 'Standardization of General Clauses in Health Insurance Policy Contracts' is to standardise the common general clauses incorporated in indemnity based health insurance policies.
View: India be overestimating inflation and making skewed policy at the cost of higher growth
A glance at the current CPI basket shows that it accounts for several outdated items such as VCR/VCD/DVD player.
China says Taiwan policy intact despite election results
Taiwan's independence-leaning President Tsai Ing-wen won re-election by a landslide on Saturday, while her Democratic Progressive Party maintained its majority in the legislature. The result has been seen as a strong rebuke of China's policies toward Taiwan, a former Japanese colony which split from the mainland amid civil war in 1949.
Credible scrappage policy to help CV market improve by Diwali: MM Forgings CMD
April, May, June is likely to be a very dull quarter.
Time for a rethink on monetary policy: Has inflation targeting failed?
CPI climbing to a 64-month high has brought back the question: is monetary policy suited to tackle inflation?
Flipkart tightens returns policy on rising frauds
It is suspected that consumers, at a staggering pace, might have ordered new winter clothes and other products and then returned it weeks later after using it, pushing Flipkart to make this change in its policy, sources said.
Extra MPC meet likely, RBI may hold rates in February
The surge in inflation may lead to such an event. If inflation stays above the tolerance level, the MPC must take action. Although the MPC is mandated to meet at least four times, it can hold meetings more frequently.
MSME-EPC to hold meet to boost NE entrepreneurs
Entrepreneurs, innovators, venture capitalists, consultants, policy makers, academicians, business practitioners, innovators, banks and financial institutions, tax and company law experts will deliberate in their particular fields of expertise, the MSME- EPC chairman said.
Draft policy on rare diseases looks at Rs 15 lakh aid to the poor
In an attempt to address concerns of patients suffering from any rare disease and reeling under its exorbitant cost of treatment, the health ministry has come up with a new draft National Policy for Rare Diseases, 2020, which highlights “scarce resources” to provide financial support for treatment of rare diseases.
SIMA urges Union textile minister to intervene in cotton trading policies of CCI
The Southern India Mills’ Association chief has urged the Union textile minister to instruct CCI to sell the cotton at market price so that the spinning mills could procure the cotton at a competitive price.
View: India’s foreign policy paradoxes
CAA and the heavy-handed response to protests in Delhi and UP have damaged India’s reputation and standing.
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