Industrialist Rahul Bajaj today said "inexperience" of some ministers is leading to centralisation of powers with the prime minister and cautioned it would be "self-defeating" to believe that there is
Britain is likely to explore direct bilateral trade agreements with India which could impart a fillip to sluggish UK-India trade ties after the UK's exit from the European Union (EU), a Singapore bank said on Tuesday.
Efforts to consolidate 27 public sector banks into 8-10 large lenders create risks that could offset potential long-term benefits in the current weak economic environment, Moody's Investors Service said on Tuesday.
In order to expedite project approvals, the government has revised financial limits of departments and ministries while empowering ministers to clear projects of up to Rs 500 crore as against the earlier ceiling of Rs 150 crore.
India is posed for a “big leap” in growth which could touch 8 per cent in the current fiscal on the back of normal monsoon, economic affairs secretary Shaktikanta Das said on Tuesday.
Prime minister Narendra Modi finally came to the defence of outgoing RBI governor Raghuram Rajan, calling him "no less patriotic" and reprimanding party motor mouth Subramanian Swamy for being "inappropriate" and publicity hungry.
India on Monday officially joined the missile technology control regime (MTCR) as a full member and said its entry would be mutually beneficial to enhance global non-proliferation norms.
The government on Monday set the ball rolling for setting up a six-member monetary policy committee (MPC) that will fix the benchmark interest rate and set inflation targets, a move
Commerce ministry is hopeful that the narrowing pace of decline in exports will sustain in the coming months on account of the steps taken by the government to boost overseas shipments, a top government official said.
India’s easing of FDI rules is a credit positive as it shows a continuation of reform momentum, paves the way for private investment and boosts productivity, Moody's investors service said on Monday.