scorecardresearch
Thursday, April 25, 2024
TopicEconomy

Topic: Economy

SubscriberWrites: Shillong — A paradise at crossroads

With the projection of India being a developed society by 2047, Shillong can be a pivot for economic activity for the North-East.

TCS and Transamerica terminate $2 billion contract due to challenging macro environment

The 10-year contract, signed in early 2018, involved TCS working with Transameria to enable the digitization of more than 10 million policies into a single integrated platform.

Rising merchandise imports in May signal stable Indian economy, say economists

Economists, however, do not see the wider merchandise trade deficit in May swaying expectations of a manageable current account deficit in this financial year.

India, UAE agree to raise non-petroleum bilateral ties to $100 billion by 2023, says Piyush Goyal

NEW DELHI (Reuters) - India and the United Arab Emirates have mutually agreed to raise non-petroleum bilateral trade between the two countries to $100 billion by 2030, the South Asian nation's trade

Productivity growth crucial for overall recovery of emerging economies, says RBI deputy governor

Michael Patra, in a speech at Sixth Asia KLEMS Conferenc, said it is widely believed that structural slowdown has been spreading across global economy after growth peaked in 2010.

India’s services growth defies inflation pressures but falls to 61.2 in May from 62 in April

The services sector accounts for more than 50% of India's GDP. Asia's third-largest economy expanded 6.1% in the March quarter, one of the fastest-growing emerging markets.

Govt poised to reject crucial funding for Vedanta-Foxconn chip venture, reports Bloomberg News

The setback comes at a time when Anil Agarwal's metals and mining conglomerate is already grappling with reducing its significant debt load.

Modi govt turning into Big Brother. Overly-protective TCS policies infantilising citizens

Prime Minister Modi talked about ‘minimum government’, but nobody thought he meant making the citizenry do the government’s job.

West Bengal economy’s fall has been stunning. Too obsessed with agriculture

Its manufacturing sector is focused on metals, chemicals, food processing. These don’t generate the multiplier effects of newer industries in Maharashtra and Tamil Nadu.

A fierce battle rages between India’s economy and ecology. ‘Pricing’ nature’s services can help

Making environmental destruction costly – either through carbon tax or mandatory offset credits – can help solve climate problems.

On Camera

BJP has a problem of plenty in Phase 2. It can only go down from that

BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.