Google CEO Sundar Pichai has announced a $10 billion digitization fund for India's digital economy. Pichai's announcement came after his mmeting with Prime Minister Narendra Modi on Monday where he discussed issues such as leveraging the power of technology to transform the lives of India's farmers and youth.
The Chenani -Sudhmahadev road project in Jammu and Kashmir's Udhampur is boosting local economy.
RBI Governor Shaktikanta Das has said that the Indian economy is showing signs of revival as restrictions across the country are being lifted gradually. He added that post containment of COVID-19, a very careful trajectory has to be followed in the orderly unwinding of countercyclical regulatory measures.
Trump had earlier this week issued a proclamation to suspend issuing of H-1B visas, popular among Indian IT professionals, along with other foreign work visas for the rest of the year.
How will India hurt China's economy? People from all walks of life are coming forward to boycott Chinese products ever since 20 Indian soldiers were martyred in the June 15 clash at LAC in Galwan.
In a landmark development, China has lost a dispute to the European Union at the World Trade Organization (WTO) for a market economy status, as the former allowed the dispute to lapse.
BCCI treasurer Arun Dhumal said that the Chinese sponsorships in events like IPL is supporting the Indian economy.
Prime Minister Narendra Modi launched the auction of 41 coal mines for commercial mining on June 18 via video conference in New Delhi. "India will turn this COVID-19 crisis into an opportunity. It has taught India to be self-reliant.
While interacting with the chief ministers of 21 states and Union Territories (UTs) via video conferencing in the national capital on June 16, the Prime Minister Narendra Modi spoke about economy amid coronavirus pandemic.
After a contraction in the current financial year, India's economy is forecast to bounce back with a sharp growth rate of 9.5 per cent next year provided it avoids further deterioration in financial sector health, Fitch Ratings said on Wednesday.
France's economy is on course to shrink over 10 per cent in 2020 due to the coronavirus pandemic, the central bank said on Tuesday.
The global economy is on track to shrink by 5.2 per cent this year amid the COVID-19 pandemic, the deepest recession since the Second World War, the World Bank Group said in its latest Global Economic Prospects.
India's economy will shrink by 3.2 per cent in the current fiscal, the World Bank said on Monday as it joined a chorus of international agencies that are forecasting a contraction in growth rate due to the coronavirus lockdown halting economic activity.
The global economy, which has plunged into a severe contraction, will shrink by 5.2 per cent this year due to the massive shock of the coronavirus pandemic and the shutdown measures to contain it, the World Bank said on Monday.
Uttar Pradesh Chief Minister Yogi Adityanath on Saturday instructed officials to ensure that not more than five persons gather in public places and social distancing norms are strictly adhered to.
Congress leader Rahul Gandhi on Saturday accused the government of destroying the country's economy by not providing cash assistance to the people and Micro, Small and Medium Enterprises (MSMEs), terming it as demonetisation 2.0.
Phased unlocking began on June 1 to bring back economic growth and certain relaxations were announced amid COVID-19 outbreak, however, opening of gyms remains prohibited.
Former finance secretary Subhash Chandra Garg on Tuesday said the Indian economy will shrink by 10 per cent or Rs 20 lakh crore in the ongoing fiscal, the first contraction in over 40 years, due to a "faulty" COVID lockdown.
PM Modi in Mann Ki Baat on Sunday said the coronavirus crisis will be taken as an opportunity in the country. Addressing the nation through his monthly radio programme, PM Modi said that the government will work towards making villages self-reliant by creating more jobs for the migrants, focus on Make in India products.
On the last day of Lockdown 4.0, Prime Minister Narendra Modi addressed the nation through his radio program Mann Ki Baat and informed that major chunk of economy is active now.
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