The finance minister thanked the industry for being level-headed while facing the challenges during the first and second Covid wave
Nomura India Business Resumption Index rose to 99.4 for the week ending August 8 against 84 for the week earlier.
To reduce the dependence on imports, PM Modi announced the NMEO-OP initiative to make India self-sufficient in cooking oils, including palm oil.
Experts believe that it is a welcome move that will potentially cheer the global investor community
Rural demand will be substantially determined by the output of the kharif season that is underway
Apart from promoting exports Indian missions abroad should also try to push the interest of Indian corporates and help in building Indian MNCs
The prospects of entering into a low inflation, low interest rate economic scenario will have implications for all of us.
The IHS Markit data contrasted with indicators like export performance, GST collection and E-way bills in FY22
However, exports of oilseeds, rice and meat, dairy and poultry products recorded negative growth in the month under review
Several national and global bodies have trimmed India’s GDP growth estimates after the second wave and a third one could send growth even southwards