Indicating that the India-US limited trade deal is likely to be signed after elections there, Commerce and Industry Minister Piyush Goyal on September 10 said New Delhi has given America "a very good, very balanced offer" for the agreement. The minister said India is ready to sign the deal "tomorrow", but he has left it to the US to decide on the timing. … [Read more...] about India has given very good, balanced offer to US for proposed limited trade deal: Piyush Goyal
Piyush goyal
Freight loading: Indian Railways registers over 10% jump, earns Rs 129.7 crore more
"It is worth mentioning that a number of concessions/discounts are also being given in the Indian Railways to make Railways' freight movement very attractive. The COVID-19 pandemic has been used by the Indian Railways as an opportunity to improve all round efficiency and performance," Railways said in a statement. … [Read more...] about Freight loading: Indian Railways registers over 10% jump, earns Rs 129.7 crore more
Andhra Pradesh tops for the third time in ‘ease of doing business’ ranking of states, Union Territories
It was followed by Madhya Pradesh (4th), Jharkhand (5th), Chhattisgarh (6th), Himachal Pradesh (7th), Rajasthan (8th), West Bengal (9th) and Gujarat (10th). Delhi’s position improved to 12th from 23rd in the last edition, while Gujarat slipped from 5th place in 2018. … [Read more...] about Andhra Pradesh tops for the third time in ‘ease of doing business’ ranking of states, Union Territories
Interest waiver on loan moratorium case | Here’s what has happened so far
"Although gross and net non-performing asset ratios had come down in March 2020 along with receding slippage ratios, the economic fallout of the pandemic is likely to test this resilience, especially since the regulatory accommodations announced in the wake of the outbreak have masked the consequent build-up of stress," the RBI said. … [Read more...] about Interest waiver on loan moratorium case | Here’s what has happened so far
India needs fresh fiscal stimulus to tide over COVID-19 crisis, says IMF
Gerry Rice, Director of Communications Department at IMF, told the press at an online conference that the Washington-based global financial institution supports the Indian government's responses to the coronavirus pandemic including fiscal stimulus with a focus on low-income workers and households. The international organisation supports the monetary easing and liquidity and regulatory measures for the financial sector and borrowers that have taken place. … [Read more...] about India needs fresh fiscal stimulus to tide over COVID-19 crisis, says IMF
