India’s trade performance improves in April

New Delhi, May 14 (IANS) India’s export performance continued to improve in April, according to Commerce Ministry data. Merchandise exports rose by 195.72 per cent over April 2020 levels and 17.62 per cent over April 2019 levels, showed an official statement. It noted that the economic recovery is also visible in the rising import growth… Continue reading India’s trade performance improves in April

Covid restrictions to hit economic activities in Apr-Jun: Report

New Delhi, April 13 (IANS) The restrictions and partial lockdowns in several states and cities amid rising Covid-19 cases are likely to impact economic activities in the current quarter (April-June), according to a Goldman Sachs report. It said that the containment restrictions are likely to be more targeted with impact on specific services such as… Continue reading Covid restrictions to hit economic activities in Apr-Jun: Report

FIIs bet on India for fastest post-Covid recovery

New Delhi, Feb 15 (IANS) The Indian stock markets are on fire, mirroring the global markets which rose for the 11th consecutive day as foreign portfolio investors (FPI) inflows in February have exceeded that of January. S. Ranganathan, Head of Research at LKP Securities said that bulls powered indices to new highs as FPI flows till… Continue reading FIIs bet on India for fastest post-Covid recovery

Business confidence improves in India: NCAER survey

New Delhi, Feb 7 (IANS): As economic activities pick up and vaccination drive gathers pace the business confidence in the country has improved, showed a survey by National Council of Applied Economic Research (NCAER). The NCAER Business Confidence index (BCI) rose 29.6 per cent on a q-o-q basis during the third quarter of FY 2020-21. “The… Continue reading Business confidence improves in India: NCAER survey

Why Chinese involvement in financial frauds in India is alarming

By Zafar Abbas (IANS) Within a span of 15 days, two major financial fraud cases involving Chinese nationals have come to the forefront. Soon after the Delhi Police unearthed a transnational malware and fraud syndicate and arrested two Chinese women in a gang of 12 in multiple raids starting January 13, two Chinese have been… Continue reading Why Chinese involvement in financial frauds in India is alarming

Bank credit to manufacturing muted amid pandemic

New Delhi, Jan 17 (IANS) Bank credit to manufacturing sector has remained muted in the current financial year amid the pandemic, while few sectors, including construction and trade, have witnessed resilient flows. According to the Financial Stability Report of the Reserve Bank of India for January, credit growth in the manufacturing sector in October 2020… Continue reading Bank credit to manufacturing muted amid pandemic

Most people expect global economic revival in 2021: Survey

New Delhi, Jan 7 (IANS): Majority of the people in India and globally expect the global economy to revive and emerge stronger in 2021, according to the Ipsos Predictions 2021 Survey. An Ipsos statment showed that at least three in four urban Indians (76 per cent) and one in two global citizens (54 per cent) predict… Continue reading Most people expect global economic revival in 2021: Survey