Lauding India’s structural reforms, Amitabh Kant, India’s G20 Sherpa and former Niti Aayog chief, said such reforms have moved the country from the fragile 5 to the top 5, leading to a growth rate of about 8.4% in the last 3 quarters. “Analysts are correct in saying that 30% of the global GDP growth will … Read more
Mumbai: Sovereign bond yields, the benchmark for pricing debt, may harden this week as several states have announced record-high borrowings ahead of the general election, surprising investors with a deluge of securities. On Tuesday, 17 state governments will sell bonds worth ₹50,206 crore, a record for a week, and 80% higher than the ₹27,810 crore … Read more
JANJGIR-CHAMPA: Congress leader Rahul Gandhi on Sunday accused the Rashtriya Swayamsevak Sangh (RSS) and the Bharatiya Janata Party (BJP) of spreading hatred in society. After a two-day hiatus, Rahul Gandhi resumed the Bharat Jodo Nyay Yatra from Raigarh, Chhattisgarh.Addressing a public rally during the Chhattisgarh leg of Bharat Jodo Nyay Yatra here, the Wayanad MP … Read more
NEW DELHI: The Centre’s move to fence the Indo-Myanmar border has evoked mixed reactions in the Northeast. While Manipur and Arunachal Pradesh have welcomed the decision, it has not gone down well with Nagaland and Mizoram.The Nagaland government will hold consultations with tribal bodies and civil society organisations of the state on the issue. Separately, … Read more
CHENNAI: The strength of India and its aim to become a developed country lie in the strength of its states and the Union territories, and it would not be easy to reach the target without the contribution from all parts of the country, said Union commerce minister Piyush Goyal.“The strength of India, the strength of … Read more
NEW DELHI: After the Centre, several states are moving towards ‘just in time release‘ of funds to make the system efficient and lower their borrowings.While the Centre’s decision to rework the way it released funds is estimated to have helped it save around Rs 10,000 crore during the last financial year, the amount is expected … Read more
CHENNAI: Growing smartphone shipments have led to a surge in electronics exports from the country. India’s electronic exports reached $15.5 billion in the April-October 2023 period compared to $23.6 billion for the entire fiscal 2023. Industry sources note that during this seven-month period ended October, phone exports grew the fastest at around 60% owing to … Read more