Falling rubber price is a major challenge for the cultivators and Kerala economy. The major reason for decline in rubber price is the fall of crude oil prices. As a result, cost of synthetic rubber is declining and tyre companies are happy to import synthetic rubber. Apart from this, the Free Trade Agreement between India and […]
IMF says Growth will be disappointing in this year, 2016. A combination of rising interest rates in the US and weakening economic progress in China is contributing to uncertainty and a greater risk of economic volatility across the world, says IMF Managing Director Christine Lagarde.
International development secretary, Justine Greening has announced that all financial assistance from the UK to India will end from 2015. India will not get any aid from Britain further and Britain can save up to £200. British support for India will in future be limited to skills sharing in area areas such as trade and […]
India Government sets up online National Agriculture Market for farmers to trade across country. Government has allocated Rs 200 crore for three years to build an online national agriculture market by integrating 585 wholesale markets across India, a move aimed at providing farmers free market access to realise better price.
Union Minister of Road Transport and Highways, Nitin Gadkari said that India expects the strategic Chabahar port, which will give sea-land access to Afghanistan bypassing Pakistan, to be operational by December 2016. The Port of Chabahar is a seaport in Chah Bahar in southeastern Iran. Its location lies in the Gulf of Oman. It is the only Iranian port […]
The Mumbai–Ahmedabad high-speed rail corridor is the first approved high-speed rail corridor in India connecting the cities of Mumbai and Ahmedabad. The project is estimated to cost Rs one lakh crores and spans a distance of 650 kms. Japan will provide $12 billion of soft loans to build India’s first bullet train, the two nations announced during a visit by […]
Prime Minister of India Narendra Modi said on Sunday a full action plan of the Start-up India, Stand-up India programme in his monthly ‘Mann ki Baat’ radio programme. This programme is aimed at providing fresh impetus to entrepreneurship at the grass-root level. PM said it will be announced on January 16.
Japanese economic growth has a direct impact on other Asian economies. So all eyes are on Japan as it will release its monthly slew of data on 25th December, the Christmas day. The Japanese economy is expected to grow about 1.7 percent in fiscal 2016 starting next April, led by recovering consumer spending and solid […]
The Micro Units Development and Refinance Agency Bank or also known as MUDRA Banks is a new scheme launched on April 8,2015. According to Pradhan Mantri Mudra Bank Loan Yojana(PMMY) , the latest scheme is to look forward to the development of small entrepreneurs. This scheme is launched keeping in mind the remote places in […]
Reliance Industries Ltd (RIL) was the most profitable company during the financial year 2014-2015 in India. RIL outclassed Oil and Natural Gas Corp. Ltd (ONGC) and Tata Consultancy Services Ltd (TCS). ONGC, a public sector company, which held the top position for long, has gone down to third position.