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.
Recent economic data from China suggests that Chinese economy attains some stability. Chinese economy slowly regains its rhythm after the massive stimulus measures Chinese authorities had launched soon after the summer stock market crash. China is the largest populated country with 1368 million inhabitants. The announced infrastructure stimulus measures will help overall investment, but adjustment […]
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.
Cisco says Investment climate in India is better compared to the previous experiences. Dinesh Malkani, President for Cisco in India added that the investment environment in the country has improved significantly in the past 18 months. It enables businesses to focus more on performance rather than worrying about factors such as an unpredictable tax regime, […]
US Fed Reserve raises interest rates by 0.25% on 16th December – its first increase since 2006. The hike, announced after a meeting of the Fed Reserve’s top policy-making body on Wednesday . This move likely to make major impacts on all economies including developed and developing countries. This mean higher borrowing costs for developing economies, many of […]
Profitable small farms – how to build one? It is not an easy question to answer! We can start with an organic vegetable farm. The first thing in vegetable farming is to set your goals. Let us make the farming a full time venture.
The easing of foreign direct investment (FDI) took pace as the central government is planning to lift the barriers from 15 sectors including construction, single-brand retail ,banking, defence, broadcasting and airlines. Even though there is criticism against liberalisation from political parties, government is taking firm steps to implement it’s decisions regarding FDI.