Page 209 of ECONOMY

India’s high growth rate positive for world, says IMF’s Kristalina Georgieva

The IMF, early this week, projected a “fairly robust” growth of 8.2 per cent for India in 2022, making it…

Updated: April 21, 2022 11:38 IST

That, to some extent, explains the IMF’s very modest growth estimate for India of 6.9% for FY24.

Economy in a bind: The tag of world’s fastest-growing economy is just a small consolation

Two years of Covid have sapped the economy and, as RBI noted recently, economic activity is recovering but is barely…

April 21, 2022 04:30 IST

IFFCO Kisan Sanchar, smart technology farms, smart farms,

IFFCO Kisan Sanchar develops smart farms to enhance yield, boost income

The company deploys smart technologies like ‘Automated Wireless Weather station (AWWS), Internet of Things (IoT) based automated drip irrigation system,…

April 20, 2022 16:51 IST

India welcomes findings of UN chief Guterres’ Global Crisis Response Group on food purchases

India’s Deputy Permanent Representative at the UN Ambassador R Ravindra, speaking at the UNSC meeting on the humanitarian situation in…

April 20, 2022 14:28 IST

Need to address serious energy security concern: India amid rising food, energy costs due to Ukraine conflict

India’s Deputy Permanent Representative at the UN Ambassador R Ravindra, speaking at the UNSC meeting on the humanitarian situation in…

April 20, 2022 12:22 IST

FM Nirmala Sitharaman meets FSB Chair Knot, CFLI Vice Schapiro in US

The finance minister held talks with International Monetary Fund chief Kristalina Georgieva during the Spring Meetings of the IMF and…

April 20, 2022 10:38 IST

Urgent need for coordinated action across countries for swift post-pandemic recovery: Sitharaman at G20 EMEs meeting

Sitharaman shared her insights on the economic outlook, risks and near-term policy challenges for Emerging Market Economies (EMEs) such as…

April 20, 2022 10:16 IST

Delhi: Power demand soars to 5,735 MW, highest ever in April

This is an increase of over 28 percent from April 1, when the city’s peak power demand had clocked 4,469…

April 19, 2022 18:43 IST

Jobs in India: Hiring activity sees 6 pc growth in March on improving economic activities, says report

Hiring demand in March was driven by banking/financial services and insurance which showed remarkable improvement (up 37 per cent) followed…

April 19, 2022 18:01 IST

Nirmala Sitharaman assures Sri Lankan counterpart of all possible assistance from India

Sri Lanka, which is on the brink of bankruptcy, is grappling with an unprecedented economic turmoil, the worst since its…

April 19, 2022 14:01 IST

Nirmala Sithraman meets IMF chief; discusses impact of geopolitical situation on global growth

During the meeting held on the sidelines of the ongoing annual spring meetings of the International Monetary Fund (IMF) and…

April 19, 2022 10:16 IST

Egypt approves India as wheat supplier, says Piyush Goyal

Egypt imported wheat worth about USD 1.8 billion from Russia and USD 610.8 million from Ukraine in 2020.The African nation…

April 15, 2022 11:07 IST

India’s mineral production rises 4.5% in February

The index of mineral production of mining and quarrying sector for the month of February was at 123.2, registering a…

April 14, 2022 16:03 IST

Duty free import of raw cotton to push exports of value added textiles: FIEO

The move, he said, will promote exports of apparel and made-ups sectors significantly by softening the prices of yarn and…

April 14, 2022 11:19 IST

economy, Naushad Forbes, GDP, manufacturing, job creation, skill training, tourism, private sector, imports, exports, PLI scheme, agriculture, informal sector, growth potential

Private sector must lead economy, industry must be critical of govt if needed: Naushad Forbes INTERVIEW

“We need to recognize that the private sector needs to drive the economy forward as it has been for the…

April 14, 2022 11:13 IST

Govt raises Rs 1 trillion via asset sales in FY22, beats target by over 10%

Coal & mineral mining leads monetisation drive

Updated: April 13, 2022 11:01 IST

The dialogue was preceded by a virtual meeting between Prime Minister Narendra Modi and US President Joe Biden. (File)

India, US resolve to address specific trade concerns

Ministers from the two nations reiterated the importance of a transparent and predictable business environment to facilitate private-sector investment.

April 12, 2022 17:45 IST

UK’s Winvesta offers Indian exporters alternative payment gateway

The company said that the service announced last week comes as an extension of the existing multi-currency banking facility and…

Updated: April 12, 2022 11:27 IST

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Expect loan, deposit growth at 18-20% in FY26: DCB Bank MD

Business5 hr ago

DCB Bank is targeting a growth of 18-20% in loans and deposits this year, with a reported loan growth of 19.14% and deposit growth of 18.8%. The recent GST reforms and repo rate cut have boosted expectations and impacted consumer behavior. The bank’s focus is on secured, small-ticket lending to SMEs and becoming a full-fledged financial partner. They also aim to reduce slippages.

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