ECONOMY, MONEY & MARKETS

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India-US trade war bodes well for Italy’s apples

The pulpy ‘grand gala’ apples from Washington are fast vanishing from Indian shelves after India imposed retaliatory tariffs on 28 US items.

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Chief Economic Advisor says India’s growth at par with global standing

The Economic Advisory Council to the Prime Minister (EAC-PM) said on Wednesday that India’s GDP estimation methodology is at par with its global standing as a responsible, transparent and well-managed economy.

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Rebounding Euro stands on flimsy ground

Growth in the eurozone rebounded earlier this year but it remains fragile while risks have increased, the International Monetary Fund (IMF) said on Monday.

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Circular economy has potential to create 1.4 crore jobs: Niti Aayog CEO

“Circular economy has the potential to generate 1.4 crore jobs in the next 5-7 years & create lakhs of new entrepreneurs. Resource circularity is need of the hour to implement circular economy,” he said.

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Japan to invest ₹13000 cr in Northeast

Japan has decided to invest about Rs 13,000 crore in several ongoing as well as new projects in different states of the north-eastern region, the government said on Wednesday.

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MCA, SEBI sign pact for data exchange amid corporate frauds

A Memorandum of Understanding (MOU) was signed between the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI) for data exchange between the two regulatory organisations here on Friday.

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RBI’s fresh norms to deal with bad loans

The Reserve Bank of India (RBI) on Friday released fresh guidelines to deal with bad loans, which mandated banks to start the resolution even if there was a one-day default.

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Rise of successful companies is a threat to world economy: IMF

The International Monetary Fund (IMF) has said that rising power of big successful companies across the world could lower capital investment, weaken productivity and reduce people’s take-home pay.

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Asian economies to fuel growth: IEA

Strong consumption in fast-growing Asian economies like India is set to keep the global demand for natural gas growing over the next five years,

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Piyush Goyal to lead Indian delegation for G20 Summit

Union Minister of Commerce and Industry Piyush Goyal will be leading the Indian delegation for the G20 Ministerial meeting on Trade and Digital Economy, which is slated to held on June 8 and June 9, 2019, in Japan.

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