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  • Economy

    India lifts millions out of poverty in the last five years, says Niti Aayog

    by IN Bureau July 17, 2023
    by IN Bureau July 17, 2023

    India’s poverty level is coming down. Niti Aayog’s ‘National Multidimensional Poverty Index: A Progress Review 2023’ released today showed that as many as 13.5 crore people have come out of …

  • Economy

    Chabahar in focus again as Indian diplomats queue up to push development of strategic Iranian port

    by Mahua Venkatesh July 16, 2023
    by Mahua Venkatesh July 16, 2023

    Barely days after Deputy National Security Advisor Vikram Misri visited Tehran to attend a high level meeting on connectivity through the International North South Transport Corridor (INSTC), India’s Ambassador to …

  • Economy

    Was India right in opting out of RCEP, the 15-member trade deal?

    by Mahua Venkatesh July 16, 2023
    by Mahua Venkatesh July 16, 2023

    The much-hyped Regional Comprehensive Economic Partnership (RCEP) signed in November 2020 is yet to bear fruit. Though the trade pact is still taking shape, a trade analyst said that the …

  • Economy

    Railway’s Ponmalai facility to start overhauling electric locomotives next year

    by S.Ravi July 15, 2023
    by S.Ravi July 15, 2023

    In a major decision to convert its entire fleet of diesel locomotives to environment-friendly electric ones, the Indian Railways had decided to upgrade the Southern Railways maintenance shed located at …

  • Economy

    PIA assets in focus as cash strapped Pakistan adopts drastic measures to raise funds 

    by Rahul Kumar July 14, 2023
    by Rahul Kumar July 14, 2023

    Pakistan is working double fast to raise funds to keep its sputtering economy on track. In the latest development, it has kick-started the process to outsource operations of its Karachi, …

  • Economy

    Why globalisation of India’s state backed UPI will further pick up steam

    by Mahua Venkatesh July 14, 2023
    by Mahua Venkatesh July 14, 2023

    Globalisation of India’s Unified Payments Interface (UPI), which first went beyond the borders in 2021, has steadily progressed. In 2021, Bhutan became the first country to adopt UPI. In just …

  • Economy

    Cabinet nod for commercial mining aimed at making India ‘mineral secure’

    by IN Bureau July 13, 2023
    by IN Bureau July 13, 2023

    As India aims to ramp up manufacturing of electric vehicles (EVs) and batteries through Production Linked Incentive (PLI) schemes, the Cabinet nod to amend the Mines and Minerals (Development and …

  • Economy

    Kerala’s Rice Technology Park will make Kuttanad variety a global brand

    by S.Ravi July 13, 2023
    by S.Ravi July 13, 2023

    Kerala’s well-known Kuttanad rice is going to hit the international market and for that the building of the integrated rice technology park at Mulakuzha in Alappuzha district is being carried …

  • Economy

    India completes 1st phase of Sri Lanka rail project connecting Colombo to Jaffna in record time

    by Mahua Venkatesh July 13, 2023
    by Mahua Venkatesh July 13, 2023

    As Sri Lanka steers through its worst economic crisis, the completion of the first stage of the crucial $91.27 million railway project connecting Colombo with Jaffna by India has brought …

  • Economy

    Mumbai airport makes it to world’s best 5 list

    by IN Bureau July 13, 2023
    by IN Bureau July 13, 2023

    The Mumbai airport has been ranked in the fourth position in a readers’ survey of international airports by a leading American travel magazine. Singapore Changi Airport, Dubai International Airport, Doha’s …

  • Economy

    How India’s social benefit schemes helped lift millions out of poverty

    by Mahua Venkatesh July 12, 2023
    by Mahua Venkatesh July 12, 2023

    India has pulled out 451 million people out of poverty in the last 15 years—between 2005-06 and 2019-21, a United Nations report revealed yesterday. The data throws up some important …

  • Economy

    PM Gati Shakti is not just about domestic infra, Asia outreach also on radar

    by Mahua Venkatesh July 12, 2023
    by Mahua Venkatesh July 12, 2023

    India’s aggressive push to boost logistics infrastructure under the PM Gati Shakti has steadily extended to projects outside the country. While in the wake of the upcoming general elections slated …

  • Economy

    Tata Group poised to become first Indian firm to make iPhones

    by IN Bureau July 11, 2023
    by IN Bureau July 11, 2023

    Tata Group is poised to become the first Indian company to make iPhones as it is close to clinching an agreement for taking over Taiwanese company Wistron’s factory in Karnataka …

  • Economy

    Goldman Sachs visualises India as world’s second largest economy by 2075

    by Mahua Venkatesh July 10, 2023
    by Mahua Venkatesh July 10, 2023

    India, which is now the world’s most populated country, is all set to ride high on its demographic dividend at a time when China’s worries over an ageing population are …

  • Economy

    Pakistan’s middle class braces for tough times amid IMF conditionalities and upcoming elections

    by Mahua Venkatesh July 10, 2023
    by Mahua Venkatesh July 10, 2023

    Even as Pakistan’s annual inflation rate eased to 29.4 per cent in June — for the first time in seven months– prices are likely to remain at elevated levels. Inflation …

  • Economy

    Rs 25.3 crore worth gold seized at Surat as DRI busts smuggling racket backed by airport officials

    by IN Bureau July 10, 2023
    by IN Bureau July 10, 2023

    Directorate of Revenue Intelligence (DRI) has seized 42 kg of gold valued at Rs 25. 3 crore at Surat International Airport from three passengers who were trying to smuggle the …

  • Economy

    Piyush Goyal to visit UK with focus on FTA

    by IN Bureau July 9, 2023
    by IN Bureau July 9, 2023

    Amid ongoing talks on a free trade agreement between India and UK, Union Minister Piyush Goyal will leave for London tomorrow. Besides focusing on the FTA negotiations, Goyal will be …

  • Economy

    India will continue to export food grains to vulnerable countries

    by Mahua Venkatesh July 9, 2023
    by Mahua Venkatesh July 9, 2023

    India will continue to export food grains including wheat and rice to vulnerable countries that seek New Delhi’s assistance as part of humanitarian assistance. Even as the restrictions on outbound …

  • Economy

    Can Indian rupee beat Chinese yuan as a more accepted currency in the world?

    by Mahua Venkatesh July 9, 2023
    by Mahua Venkatesh July 9, 2023

    The Reserve Bank of India (RBI), which has given its nod to 18 countries for opening of Special Vostro Rupee Accounts to allow trading in the Indian currency, could open …

  • Economy

    India’s first Elevated Cross Taxiway for planes to start operating at Delhi airport on July 13

    by IN Bureau July 8, 2023
    by IN Bureau July 8, 2023

    India’s first Elevated Cross Taxiway for planes will become operational at Delhi airport on July 13. Union Civil Aviation Minister Jyotiraditya Scindia will inaugurate the elevated taxiway and the fourth runway …

  • Economy

    60 new Dak Niryat Kendras to come up in Karnataka by Aug. 15

    by S.Ravi July 7, 2023
    by S.Ravi July 7, 2023

    With the Union Government led by Prime Minister Narendra Modi providing many incentives and facilities to boost exports, the Indian Posts too is playing its part in this initiative. In …

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