india – Page 21

English

India To Emerge As Asia’s Strongest Economy Next Year: Report

August 11, 2022 Vinayak Barot

New Delhi: An American multinational investment management and financial services company, Morgan Stanley has predicted the growth rate of India for the next year. The company said, “India could emerge as Asia’s strongest economy in 2022-2023 on the back of robust domestic demand aided by economic policy reforms, a young workforce, and business investments.” According to […]

English

Sri Lanka: Government Hikes Electricity Rates up by 264 Percent Amid Crisis

August 10, 2022 Vinayak Barot

New Delhi: In the middle of the financial crisis in Sri Lanka, the island people’s trouble has increased massively as the island nation’s state-run electricity monopoly on Tuesday announced that it will raise tariffs by a stinging 264 percent for people consuming the least. The smallest consumers, currently charged 2.50 rupees a unit, will be charged […]

English

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 […]

English

India may ban Chinese phones under Rs 12,000

August 9, 2022 Vinayak Barot

New Delhi: The Indian government is considering prohibiting Chinese smartphone manufacturers from selling phones for less than Rs 12,000, which would be another setback for Chinese businesses. The government and industry officials said, “India is working on a strategy to nudge Chinese smartphone players to steer clear of the under-Rs12,000 market segment, as part of a […]

English

India’s Diplomatic Move: Sri Lanka Asks China to Defer Military Ship Visit

August 9, 2022 Vinayak Barot

New Delhi: After the pressure from the government of India on Sri Lanka, the current authority in Sri Lanka asked China to defer a military ship visit to the island country. Sri Lanka said on Monday it had asked China to defer the planned visit of a Chinese ship to the island country after initially approving […]

English

PM Modi Appeals states’ to Reduce Imports, Identify Opportunities for Exports

August 8, 2022 Vinayak Barot

New Delhi: With an eye on the economy of $5 Trillion, Prime Minister Narendra Modi on Monday urged the states’ government to reduce imports and identify opportunities for exports. PM Modi urged people to buy and use locally made goods as much as possible. The statement issued by the Niti Aayog on Sunday said, “The PM […]

English

India-US set to hold drills near disputed China border in mid-October: Report

August 8, 2022 Vinayak Barot

New Delhi: Amid the renewed tension with China over House Speaker Nancy Pelosi’s visit to Taiwan, the US is set to hold joint military drills with India near the latter’s disputed Himalayan border with its neighbor in mid-October. According to the media report, The exercise will be held at an altitude of 10,000 feet in Auli […]

Defence

The Indian Navy Signs MoU with ISRO for Cooperation on Satellite-Based Naval Applications

August 6, 2022 Vinayak Barot

New Delhi: The Indian Navy signed a Memorandum of Understanding (MoU) with the Space Applications Centre (ISRO), Ahmedabad, on August 5 for data sharing and cooperation on Satellite-based Naval Applications in Oceanology and Meteorology. With this initiative, both the organizations will have a common platform of cooperation, wherein the scientific advancements by SAC would be synergized […]

English

The US to Open Tourists Visa Appointments in September

August 4, 2022 Vinayak Barot

New Delhi: Wait to meet family members or friends residing in the US is going to end very as the US has decided to open tourist visa appointments in September. The United States will be resuming in-person tourist visa appointments from next month, bringing relief to thousands of families who have been eagerly waiting to meet […]

English

RBI allowed invoicing and payments for international trade in Indian Rupee

August 3, 2022 Vinayak Barot

New Delhi: The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in Indian Rupee vide A.P (DIR Series) Circular No. 10 RBI/2022-2023/90 dated 11.07.2022 on “International Trade Settlement in Indian Rupees (INR)”. This was stated by Union Minister of State for Finance Dr. Bhagwat Kisanrao Karad in a written reply to […]