RBI rejects possibility of loan: On Wednesday, Reserve Bank of India told Supreme Court that extension of loan moratorium was not possible and would lead to downfall in nation’s economic growth. RBI submitted its statement in response to the plea filed in the apex court by various industry bodies including Association of Power Producers, Confederation ...

On Monday, Finance Minister, Nirmala Sitharaman, held a press conference to address the economic issues related to dwindling demand and disclosed government’s plans to boost Indian consumption. At the conference, held at National Media Centre, New Delhi, the FM unveiled that centre would be granting a Rs 12,000 crore interest-free 50-year loan to states for ...

As India lost thousands to the pandemic outbreak and many to hunger .caused by loss of job and loss of economic growth coupled, Congress MP Shahi Tharoor hit out at Narendra Modi led government in the Centre for its “utter mismanagement” of the coronavirus pandemic outbreak. Referring to the country’s deteriorating growth and escalating virus ...

With nominal GDP, India is the fifth-largest economy in the world. It has witnessed an extraordinary growth story in recent decades. Nevertheless, this growth has always been juxtaposed with an ever-widening gap between the rich and the poor—this economic divide denotes severe differentiation in income and wealth but is also a cause of concern regarding ...

The coal import initiatives of India for a long-term goal oriented future in the sector of coal import has encountered a positive upliftment with a drop by 3.1% in the FY 2024-2025. The demand for coking coal and high-grade thermal coal has risen from the domestic reserves. This need has enforced the importance of importing ...

United Arab Emirates (UAE) which is an important global industrial player in the Arab world and it has ranked 27th on the United Nations Industrial Development Organization’s 2022 Competitive Industrial Performance Index. This index measures the capacity of 153 countries to see the performance in producing and exporting goods by analyzing their industrial performance. Driving ...

The Minister of External Affairs, S.Jaishankar has landed the UAE for the visit based on the enhancement of bilateral relationship between the two powerful countries on the global platform, India and UAE, in the sectors including renewable energy, fintech, education and defense. On November 14, 2024 he inaugurated the Symbiosis International University in Dubai. This ...

Republic of India is a country situated on the cross roads of the Bay of Bengal and the Arabia Sea and is the second largest nation in terms of population and respected democracy in the world. Gaining independence from British rule in 1947, following a long struggle of civil disobedience, this South Asian giant has ...

Minister of Climate Change and the Environment of UAE Dr. Amna bint Abdullah Al Dahak Al Shamsi played a significant role at the BRICS High-Level Dialogues on Climate Change in Moscow. This event featured two key sessions. One focused on “National Efforts to Combat Climate Change and Promote Sustainable Development,” and the other on “Cooperation ...

External Affairs Minister S. Jaishankar recently highlighted India’s distinct challenges with China, emphasizing that the country’s issues extend beyond the global concerns commonly associated with China. Speaking at the ET World Leaders Forum, he stressed the need for India to exercise heightened vigilance when scrutinizing Chinese investments, given the ongoing border tensions and the broader ...