A comprehensive strategy is being firmed up to counter the impact of the Trump-led trade war while ensuring that the strategic partnership with the US doen't falter.
Prime Minister Modi on Thursday led his Bharatiya Janata Party to a landmark victory for a second five-year term in office, winning 303 seats in the 543-member Lok Sabha.
In the reporting week, foreign currency assets, which are a major component of the overall reserves, decreased by USD 2.030 billion to USD 390.197 billion.
Steps taken by Prabhu has already resulted in narrowing trade deficit (difference between imports and exports) with China to USD 53.56 billion in 2018-19 from USD 63 billion in the previous financial
The next government should focus on turning India into an export and private sector driven high growth economy, Principal Economic Advisor Sanjeev Sanyal said.
The sources said that Jaitley, 66, is unlikely to take up any offer to continue in the top job steering Asia's third-largest economy as his health has deteriorated over the past few months.
BJP has won more than 300 seats in the latest polls, bettering its performance in 2014. But the victory has come amid agrarian distress, youth unemployment, anemic growth and troubles in the financial
It is feasible for the government to privatise one public sector undertaking or PSU every week, Arvind Panagariya, former Vice Chairman, Niti Aayog and a noted economist has recommended to the BJP led
After Prime Minister Narendra Modi-led NDA received a massive mandate, the RBI is expected to cut lending rates by 100 basis points (bps) in 2019, said a global brokerage.
The economy is facing risks of getting into a middle-income trap. Schemes like PM-Kisan are sort of compensatory apo-logy; they may stimulate consumption in a limited manner but won’t be enough to r
The watershed 2019 Indian election has thrown a decisive mandate. This is the first ever Non-Congress government re-elected in Indian electoral history.
Further, the new system will also simplify return-filing for businesses with zero sales as they would now be required to file one ‘nil’ return for the entire quarter.
As FE recently reported, UDAY discoms reported financial losses of `21,658 crore at the end of FY19, up 44% year-on-year, reversing the declining trend since the scheme for these entities’ revival w
India needs at least 6 million new jobs each year. Some 12 million people reach the working age annually, but labour force participation is dismal at barely 50%.
A recent escalation in the US-China trade conflict, including tariff hikes from both sides, has sparked reaction from industries hit by the higher levies.
