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Ease of Doing Business: Developed nations keen to sign trade deals with India

August 10, 2022 Vinayak Barot

New Delhi: Amid rising business options and opportunities in India for business persons, Union Commerce and Industry Minister Piyush Goyal on Tuesday said, “Developed countries are very keen to sign trade deals with India now. The world now sees India as an engine of economic growth,” On the growth of the last 8 years, Piyush Goyal […]

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Pakistan’s Current Account Deficit Reaches $17.4bn

July 28, 2022 Vinayak Barot

New Delhi: The State Bank of Pakistan on Wednesday reported that the country recorded a current account deficit (CAD) of $17.406bn in FY22 compared to a gap of just $2.82bn in FY21. The massive CAD speaks a lot about the severe problem of the balance of payments. In November 2021, the SBP issued its Annual Report […]

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The Economy of India may be US$ 30 tn by 2050: Piyush Goyal

June 27, 2022 Vinayak Barot

New Delhi: Commerce and Industry Minister Piyush Goyal on Sunday joined the list of experts and leaders who have believed that India can grow immensely and has the potential to be one of the three largest economies in the world. According to the minister, India wants to capture the world market in all sectors, and the […]

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Each State Must Define Their Target to Make India 5 Trillion Economy: PM Modi

June 18, 2022 Vinayak Barot

New Delhi: To put India at number three on the list of the largest economy in the world, Prime Minister Narendra Modi has expressed his views at a three-day national conference of chief secretaries at Dharamshala in Himachal Pradesh. To make the economy of India US$5 trillion by 2024-25, Prime Minister Narendra Modi on Friday asked […]

Day 1 of St Petersburg International Economic Forum

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Inflation in Russia to be 15 percent by year-end

June 16, 2022 Vinayak Barot

New Delhi: Inflation in Russia is expected to be at the level of 15 percent or lower as of 2022 year-end, First Deputy Prime Minister Andrey Belousov said in an interview with the media. “Inflation in 2022 will most likely be about 15 percent December-to-December, probably a bit lower. We see deflation now, while the inflation […]

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Despite no money in the bag, Pakistan PM says – Our economic condition is better than India

January 12, 2022 Vinayak Barot

_Vinayak Barot New Delhi: Prime Minister of Pakistan – Imran Khan expressed concern about rising inflation in the country. In an event – he said that “commodity prices have increased all over the world and Pakistan also imported inflation which hurt its people badly – but what the government could do in the circumstances.” On the […]

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Growth narrowed down due to intense lockdown, V-shaped recovery on its way, says Chief Economic Adviser

September 1, 2020 Vinayak Barot

Aditya Hore NEW DELHI, Sept 1: The Chief Economic Adviser K V Subramanian on Monday looked forward to a better economic performance by the country from the current and the subsequent quarters pointing out that India recorded 23.9 percent contraction in GDP in April-June due to the coronavirus lockdown but aided by a ‘V-shaped’ recovery in […]

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Sovereign Gold Bond Scheme: A New-Gen Investment!

August 3, 2020 Vinayak Barot

Aditya Hore Surat: Amid the current abrupt and shocking growth in the prices of gold, everyone is keen to make the most out of it. As the coronavirus pandemic has already hard-hit the economy, gold seems to be a much safer and less risky option to invest in times of such unprecedented crisis. Besides bank-based […]