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Economy

Aadhaar enrollment crosses 1 bn mark: Prasad

New Delhi, April 4 (IANS) The Unique Identification Authority of India (UIDAI) has generated more than 100 crore (one billion) Aadhaar numbers in a span of five and a half years, Communications Minister Ravi Shankar Prasad said here on Monday. “More than 100 crore residents in India are now registered under Aadhaar identity.. It is Full Article

India to continue on growth path to root out poverty: Jaitley

Melbourne, April 1 (IANS) Urging Australian pension funds to invest in India, Finance Minister Arun Jaitley on Friday said here the country will continue on its current path of ...Full Article

Digital India, a $1 trillion business opportunity: Prasad

Mumbai, March 30 (IANS) The government’s Digital India initiative is a $1 trillion business opportunity across IT and IT-enabled services, telecom and electronics manufacturing, Communications Minister Ravi Shankar Prasad said ...Full Article

Delhi government’s 2016-17 budget estimate at Rs.46,600 crore

New Delhi, March 28 (IANS) The Delhi government on Monday presented an annual budget of Rs.46,600 crore for 2016-17 — an increase of Rs.8,850 crore over last year. Presenting ...Full Article

India’s Forex reserves rise by $2.53 billion

Mumbai, March 25 (IANS) India’s foreign exchange (Forex) reserves increased by $2.53 billion during the week ended March 18, official data showed on Friday. According to the Reserve Bank ...Full Article

FDI in food processing will double farmer incomes by 2022: Badal

New Delhi, March 15 (IANS) The 100 percent foreign direct investment (FDI) in food processing announced in Budget 2016-17 will play a catalytic role in doubling farmers’ income by 2022, ...Full Article

India’s annual retail inflation eases, wholesale in negative

New Delhi, March 14 (IANS) India’s annual retail inflation eased to 5.18 percent in February from 5.69 percent in the month before even as the 12-month wholesale inflation was ...Full Article

India’s factory output declines again in January

New Delhi, March 11 (IANS) India’s factory output declined again in January, by (-) 1.53 percent, dipping further from the (-) 1.18 percent fall logged in December, official data ...Full Article

India leads the world in economic confidence: AmEx report

New Delhi, March 10 (IANS) India continues to lead the world in economic confidence as Indian CFOs expect moderate growth driven by investments in expanding domestic markets and exports. ...Full Article

Airbus plans $2bn cumulative procurement from India in five years

Bengaluru, March 7 (IANS) Global aerospace major Airbus Group plans to procure components and sub-systems worth $2 billion cumulatively for a period of five years till 2020 for its ...Full Article