Tag: Economic recovery
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Modi 3.0 Cabinet Update: Continuity and Charges in Key Portfolios
Prime Minister Narendra Modi’s new cabinet, dubbed with Modi 3.0, has taken shape, bolstering stability in key ministries while introducing new faces in several others. On Sunday June 9, Modi along with 30 Cabinet Ministers, 5 Ministers of State with Independent Charge and 36 Ministers of State took the oath, marking the beginning of the ... -
RBI report: surge in banking debts could defer India’s monetary recovery from pandemic’s aftermath
The Indian economy was already in awful shape, however, the flare-up of the pandemic has dived it further. The Reserve Bank of India’s committee report expressed that the pandemic “has impacted the best of businesses” and organizations that were generally better before the virus outbreak. Experts believe that banks might be more cautious about loan ...