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Economy

Liberals Failing to Create Positive Economic Environment for Investors: Watts and Rayes

OTTAWA, ON – Today, the Liberals are holding closed-door meetings with international and Canadian investors in an attempt to attract infrastructure investment in Canada. Conservative Critics for Infrastructure, Communities and Urban Affairs, Dianne Watts and Alain Rayes, released the following statement today to express their concerns: “Today, the Liberals are rolling out the red carpet

India’s factory output up, but retail inflation also rises

New Delhi, July 12 (IANS) India’s factory output rose marginally by 1.2 per cent in May, against a 1.3 per cent fall in the month before, even ...Full Article

British Business Secretary meets Tata Steel management

Mumbai, July 8 (IANS) British Business Secretary Sajid Javid on Friday met Tata Sons chairman Cyrus Mistry along with Tata Steel top brass on the issue ...Full Article

US doubts India’s 7.5% growth, wants reforms to match rhetoric

Washington, July 6 (IANS) Doubting India’s claim of a 7.5 per cent growth, the economic diplomacy arm of the US State Department has said that the ...Full Article

Brexit drags rupee lower, RBI arrests steep fall

Mumbai, June 24 (IANS) Britain’s decision to opt out of the European Union (Brexit) exerted pressure on the rupee, even as a likely intervention by the country’s ...Full Article

Cabinet clears norms for largest telecom spectrum auction

New Delhi, June 22 (IANS) India’s cabinet on Wednesday cleared the base price for the country’s largest spectrum auction to date, expected to fetch around $85 billion ...Full Article

Government should infuse capital to enable banks to lend more: Rajan

Bengaluru, June 22 (IANS) The government should infuse capital in state-run banks to enable them to support credit growth, Reserve Bank of India (RBI) Governor Raghuram Rajan ...Full Article

India eases foreign equity norms for defence, aviation, retail

New Delhi, June 20 (IANS) Putting its economic liberalisation agenda on the fast track, India on Monday relaxed its foreign equity norms further, notably in defence, aviation, ...Full Article

Nod to merger of six banks with SBI, SBI chief says ‘win-win’ for all

New Delhi/Chennai, June 15 (IANS) With the government on Wednesday giving its in-principle approval to the mega merger proposal in the banking sector – the merger of ...Full Article

Food prices also push up India’s wholesale inflation

New Delhi, June 14 (IANS) With potatoes 60 per cent dearer in bulk markets and pulses costlier by 36 per cent over the past year, India’s annual ...Full Article