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NE will work as ‘new engine’ for post Covid economy: DoNER Minister

NE will work as ‘new engine’ for post Covid economy: DoNER Minister

🕔11:52, 20.Dec 2020

New Delhi, Dec 20  Union DoNER Minister Jitendra Singh on Saturday assured that the northeastern region will emerge as a favourite tourist and trade destination in India in the post-Covid era and will work as a new engine of growth

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Indian economy exhibited stronger pick up than expected: RBI Guv

Indian economy exhibited stronger pick up than expected: RBI Guv

🕔19:23, 26.Nov 2020

Mumbai, Nov 26  The Indian economy has exhibited stronger pick up in momentum of recovery than expected, said Reserve Bank of India Governor Shaktikanta Das on Thursday. Addressing the 4th Annual Day of Foreign Exchange Dealers’ Association of India (FEDAI),

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Indian economy exhibited stronger pick up than expected : RBI Governor

Indian economy exhibited stronger pick up than expected : RBI Governor

🕔16:31, 26.Nov 2020

Mumbai, Nov 26 (IANS) The Indian economy has exhibited stronger pick up in momentum of recovery than expected, said Reserve Bank of India Governor Shaktikanta Das on Thursday. Addressing the 4th Annual Day of Foreign Exchange Dealers’ Association of India (FEDAI),

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Centre to soon announce another round of stimulus: Official

Centre to soon announce another round of stimulus: Official

🕔07:04, 4.Nov 2020

New Delhi, Nov 4  The Finance Ministry will soon come up with a fresh round of economic stimulus, Economic Affairs Secretary Tarun Bajaj said on Tuesday. Addressing the media here, he said that the Department of Finance has received suggestions

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Centre open to further economic stimulus: Econ Affairs Secy

Centre open to further economic stimulus: Econ Affairs Secy

🕔06:58, 22.Oct 2020

New Delhi, Oct 22  Days after Finance Minister Nirmala Sitharaman indicated that a further economic stimulus is not off the table, Secretary, Economic Affairs, Tarun Bajaj on Wednesday said the Centre is open for further measures to boost the economy.

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Focus on reforms will help economy bounce back: CII President Uday Kotak

Focus on reforms will help economy bounce back: CII President Uday Kotak

🕔09:17, 8.Oct 2020

New Delhi, Oct 8 Continued focus on reform measures ushered in by the government even as the country faces one of its toughest crises during the pandemic, will trigger a faster recovery of the economy with the industry reposing confidence of

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Economies across the globe witnessed Covid-led contraction

Economies across the globe witnessed Covid-led contraction

🕔08:12, 1.Sep 2020

New Delhi, Sept 01  While India reported a contraction of 23.9 per cent in the first quarter GDP, the economies across the globe also witnessed a contraction, replicating a negative trend. Here is a look at the global economies. The

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India Inc on fund raising spree amid Covid, garners Rs 3.46 lakh cr

India Inc on fund raising spree amid Covid, garners Rs 3.46 lakh cr

🕔07:21, 1.Sep 2020

New Delhi, Sept 01  In the midst of a difficult economic environment caused by the Covid-19 pandemic, India Inc has raised a massive Rs 3.46 lakh crore in the five months between April and August. An analysis by Antique Stock

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India’s monetary and fiscal frameworks need recasting: EY

India’s monetary and fiscal frameworks need recasting: EY

🕔18:16, 29.Aug 2020

New Delhi [India], August 29 — India’s monetary and fiscal frameworks are marked with several inconsistencies and certain structures need to be recast to pace up the growth, global consultancy firm Ernst & Young (EY) has said. On a positive

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Banks see meaningful credit growth recovery only after 18 months

Banks see meaningful credit growth recovery only after 18 months

🕔17:30, 25.Aug 2020

New Delhi, Aug 25  Even though the unlock phases have kickstarted economic activities in various sectors, most banks believe that meaningful credit growth recovery is likely only after 18 months, while near-term uncertainty on asset quality remains, brokerages tracking the

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World Bank may project steeper contraction of Indian economy for FY21

World Bank may project steeper contraction of Indian economy for FY21

🕔17:59, 19.Aug 2020

New Delhi, Aug 19 As coronavirus cases continue to surge in India, restricting several economic activities, the World Bank may project a steeper contraction of the Indian economy for the current financial year, revised from the previous estimate of 3.2 per

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Single window clearance system for industry soon: Goyal

Single window clearance system for industry soon: Goyal

🕔07:10, 28.Jul 2020

New Delhi, July 28  The government will soon set up a single window system for clearances and approvals for industries in the country, Commerce and Industry Minister Piyush Goyal said on Monday. In an interaction with sovereign wealth funds, foreign

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Govt says it is rebooting Indian economy

Govt says it is rebooting Indian economy

🕔07:58, 25.Jul 2020

New Delhi, July 25 The government on Friday said that it is rebooting and revamping the Indian economy to make it the global centre of the supply chain in accordance to the shift in the international geo-politics. In an interactive session

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40-day lockdown to inflict $320bn loss on Indian economy: Report

40-day lockdown to inflict $320bn loss on Indian economy: Report

🕔18:05, 3.May 2020

New Delhi, May 3  The COVID-19 pandemic is expected to hit Indian economy with about $320 billion in terms of daily gross domestic product (GDP) loss after 40 days of lockdown, said a report. The daily GDP of India is

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India’s economic recovery to be smoother than advanced nations post Covid-19

India’s economic recovery to be smoother than advanced nations post Covid-19

🕔11:42, 5.Apr 2020

New Delhi, April 5  Once the Covid-19 pandemic ebbs, the course of economic recovery in India will be smoother and faster than that of many advanced countries, according to KPMG. UNCTAD in its latest report on Covid-19 impact on developing

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Indian economy to lose $4.64 bn daily during lockdown: Acuite

Indian economy to lose $4.64 bn daily during lockdown: Acuite

🕔17:29, 2.Apr 2020

New Delhi, April 2 The ongoing disruption caused by the spread of Covid-19 will have a significant economic consequence with estimates suggesting that every single day of the 21-day nationwide lockdown will cost the Indian economy almost $4.64 billion, Acuite Ratings

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Indian economy well-poised to take off: Piyush Goyal

Indian economy well-poised to take off: Piyush Goyal

🕔06:55, 24.Jan 2020

New Delhi, Jan 24  Union Commerce and Industry Minister Piyush Goyal on Thursday said that the Indian economy is well-poised to take off and the government is committed to ensure economic growth. Speaking at the annual summit of World Economic

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India’s economy is strong, there’s no panic: Javadekar

India’s economy is strong, there’s no panic: Javadekar

🕔19:24, 8.Sep 2019

New Delhi, Sep 8  Dispelling all doubts about the slowdown in economy, Union Information and Broadcasting Minister Prakash Javadekar on Sunday explained it was only a “cyclical process” and the fundamentals of the economy continues to remain “strong”. India in

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Indian economy to reach $3tn in current fiscal: Sitharaman

Indian economy to reach $3tn in current fiscal: Sitharaman

🕔12:21, 5.Jul 2019

New Delhi, July 5  Presenting her first Union Budget, Finance Minister Nirmala Sitharaman on Friday said that India will become a $3 trillion economy in the financial year 2019-2020. She also said that many structural changes are needed for the

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Indian economy to grow at 7% range in FY20: CEA

Indian economy to grow at 7% range in FY20: CEA

🕔09:54, 14.May 2019

New Delhi, May 14  The Indian economy will grow at 7 per cent range in the current fiscal powered by the effects of the strong structural reforms such as bankruptcy laws, Goods and Services Tax (GST), crackdown on shell companies

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