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Latest Articles in Economy

Agritech Startup Farmkart To Raise Rs 90 Cr From Vcs For Pan-India Expansion

Farmkart's tech solutions are designed for non-tech savvy farmers providing them with fertilisers, pesticides, fungicides, seeds, farm equipment, among others at their doorsteps with no delivery cost. Besides, farmers can also rent modern farm equipment from Farmkart's e-commerce platform.

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Amundi Gives Bond Warning To State Bank Of India Over Coal Mine

Amundi, which holds the bond in its Amundi Planet Emerging Green One fund, said it had learnt this week that the Indian bank was considering financing the Carmichael thermal coal mine in Australia.

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SEBI Slaps Rs 15 Lakh Fine On Entity For Non-Compliance With Its Directions

Sebi warned the company to be careful in resolving investors' complaints within the timeline as specified in the circulars issued by the regulator from time to time.

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FDI Up 15 % To USD 30 Bn During April-Sep 2020: Govt Data

FDI is a major driver of economic growth and an important source of non-debt finance for the economic development of the country.

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Airbus Re-Sells Six Unwanted Jets Built For Airasia

Airbus is seeing strong demand, relative to the rest of the battered sector, for its A321neo jet, and the aircraft has broadly held its value, the European source said. It is sticking with plans to increase output of the single-aisle jets.

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India Has Practically Achieved Pre-2020 Climate Action Targets: Prakash Javadekar

Expressing happiness over the web portal launch, Javadekar said the portal will be a "single point information resource" which provides information on the different climate initiatives taken by various line ministries enabling users to access updated status on these initiatives.

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Q2 GDP: Experts Hope for Faster Rebound

Is the contraction in the rate of GDP signaling a faster revival for the economy? Experts believe so but caution that a lot will depend on green shoots in construction, mining, and the Covid-19 situation going forward

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Tokyo Core Consumer Prices Post Biggest Annual Drop In Over Eight Years

The core consumer price index (CPI) for Japan's capital, which includes oil products but excludes fresh food prices, matched a median market forecast and followed a 0.5% drop in October

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Modi Sees $20 Billion Annual Investment In Green Energy Sector

India's green energy capacity, which encompasses solar, wind, bio-power, and small and large hydropower, is currently at 136 GW. That is expected to increase to 220 GW by 2022

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State Bank Of India Expects RBI To Hold Interest Rate

India's retail inflation remained above 7% in October for a second straight month, with vegetable prices at elevated levels. At current levels, inflation is well above the RBI’s medium term target of 4%.

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Indian Economy Probably Picked Up In September Quarter As Hopes Grow For Vaccine

Economists have marginally raised forecasts this month after a pick-up in consumer demand for autos, non-durables and rail freight during the festival season, as prospects grow for COVID-19 vaccines to be launched early next year.

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India Can Create Up To $1-Trillion Economic Value Via Digital Economy by 2025: Amitabh Kant

Digital infrastructure far more critical than physical; going digital is the way forward NITI Aayog CEO, Amitabh Kant said.

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India Can Be A Lower Cost Producer Than China If Policies Allow: Maruti Suzuki Chairman

R C Bhargava, Chairman, Maruti Suzuki India argued that the only objective of government policies should be to increase the competitiveness of the Indian industry so that it could make things at the lowest cost and the best quality in the world.

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Asia Needs To Leverage Stronger Regional Cooperation To Boost COVID-19 Recovery: ADB

Innovative financing, which accepts collateral other than land, can empower women-led businesses, which currently suffer from approximately 2.5 times less access to credit than male-led businesses

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RBL Bank To Hold Virtual Cyclothon To Raise Funds For Girl Child Education

The funds raised from the event will go towards setting up a second Udbhav RBL School for girl child education. The first school was set up in Hyderabad from Rs 5.10 crore funds raised from last year's cyclothon.

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