Union minister Hardeep Singh Puri was addressing a session on reviving the economy at the 8th national forum hosted by Public Affairs Forum of India, a not-for-profit society.
Bitcoin has climbed to its latest high atop a tide of pandemic-era liquidity, speculative bets and expectations of wider adoption by institutional investors.
PM Narendra Modi's comments come weeks after Tata group emerged as the winning bidder for Air India paving the way for disinvestment of the loss-making carrier.
Increasing raw material prices, plummeting demand, delayed payments and high labour charges are posing several hurdles to MSMEs in Telangana.
Hindustan Unilever indicated that inflationary pressures were likely to persist, spooking investors. Its shares slipped 4% at the close of trading — the most since early May.
IMF says much of the downgrade was due to slower growth in India, which is now forecast to expand 9.5% this year, and South East Asia, where the virus continues to wreak havoc.
The ProShares bitcoin-linked exchange-traded fund will trade on the NYSE. The move is the latest sign of how cryptocurrency-related investments are becoming more mainstream.
The World Gold Council says the real gold savers will probably stay out of the market and only the wealthier lot will spend more this year.
Sitharaman said any delay won't be due to a lack of political will. The 65-year old insurer's internal valuation hasn't been done & the process will take time, she added.
Thane’s Wagle Estate was the first industrial area that Maharashtra’s MIDC took up for development in 1961. The pandemic has forced many of its units to shut down.