New Delhi (IANS) India and the Asian Development Bank have signed a $300 million loan to strengthen and improve access to comprehensive primary health care in urban areas of 13 states that will benefit over 256 million urban dwellers including 51 … read more
New Delhi (IANS) In a major boost to export prospects of agricultural produce, India registered a significant surge in export of agricultural and processed food products in April-October period of current Financial Year, 2021-22, in comparison to the corresponding seven month … read more
Bengaluru (IANS) “The US remains India’s biggest trading partner and largest export market with trade exploding from approximately $20 billion in 2001 to just over $145 billion in 2019 notwithstanding the pandemic taking a toll on trade,” said US Consul General … read more
New Delhi (IANS) Electric vehicle startup Lucid Motors market value has exceeded Ford Motor Group to $89.9 billion, after it closed at $55.52 a share, Al Arabiya reported. The EV startup’s market value, which is backed in part by Saudi Arabia’s … read more
Chennai (IANS) General insurers in India, China, Indonesia and Vietnam, part of the Asia-Pacific nations, will take a gradual approach in reducing their exposure to coal or coal related industries, said Moody’s Investors Service in a new report. According to Moody’s, … read more
Mumbai (IANS) The expected rise in trade deficit to about $20 billion this month, along with high crude oil prices, will weaken the Indian rupee further during the upcoming week. The rupee is likely to range near 75 to a US … read more
New Delhi (IANS) The continued benign inflationary trajectory in Q3FY22 has increased the likelihood of further postponement of interest rate normalisation, said Acuite Ratings & Research on Saturday. The assessment comes after India’s October retail inflation inched-up sequentially on the back … read more
New Delhi (IANS) Amazon on Friday said it has completed the integration of its grocery stores Fresh and Pantry into a single unified store called Amazon Fresh in India. The new store, available across more than 300 cities in the country, … read more
Mumbai (IANS) With the monsoon withdrawing, consumption recovering, and infrastructure activity picking up, freight rates saw a sequential recovery in October. However, with diesel prices ruling high after a scorching run-up, the overall profitability of transporters remains below levels seen … read more
New Delhi (IANS) India’s real GDP is expected to grow at 8-9 per cent year-on-year (YoY) in Q2FY22, Motilal Oswal Financial Services (MOFSL) said. The real GDP is the inflation adjusted figure of all the finished goods and services produced in … read more