Banner High Impact Economic News » 16 May 2017

High Impact Economic News


image NHAI Masala Bond Launched at London Stock Exchange
The Union Minister of Road Transport & Highways and Shipping Shri. Nitin Gadkari yesterday launched the NHAI Masala Bond issue at the London Stock Exchange. The NHAI issue witnessed an overwhelming response from....
image Shri Piyush Goyal Presides over the Launch of ‘UJALA – UK’ in London
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the launch of World’s largest efficient lighting programme, UJALA – UK (UK Joins Affordable LEDs for All) by Energy Efficiency Services Ltd. (EESL) in London...
image Demonetisation effect transitory, says UN expert
The demonetisation policy is not expected to have a long term impact on domestic demand in India, which is projected to clock a 7.9 per cent growth in fiscal 2018, a senior UN economic official has said ...
image FDI to India Doubles in Just 3 Years
Inflows of foreign direct investment (FDI) to India doubled from $22 billion in 2013 to $46 billion in 2016. The initial spurt was led by investments into India's digital economy, which accounted for much of the incremental FDI in 2014 and 2015. Inflows are now increasing in physical economy sectors such as construction, electrical equipment, machinery, metallurgical industries and power.
image India Jumps 73 Spots to No. 26 in World Bank's Power List
India has leaped from No. 99 to No. 26 on the World Bank's power list, reflecting the availability of electricity in every nation of the world, said Power Minister Priyush Goyal. He added that it is "satisfying for me that the Prime Minister's vision particularly to take electricity to every home, particularly to make electricity access very easy, particularly to make energy affordable is being furthered very rapidly."
image India's GDP growth to rise to 7.9% by December 2017: Report
he Indian economy is entering a "productive growth phase" and real GDP growth is likely to rise to 7.9 per cent by December driven by favourable external demand,...
image Govt. To Roll Out GST, Foreign Trade Policy Together
The Government will roll out its revised Foreign Trade Policy alongside the introduction of the Goods and Services Tax (GST), Commerce and Industry Minister Nirmala Sitharaman said. The focus of the revised trade policy will be promoting exports from small-and-medium-sized firms and high-employment potential sectors.
image PM Modi Proposes Model Solar Cities
Prime Minister Narendra Modi has called for the establishment of model solar cities where power needs are fulfilled solely by solar energy, a move that will increase manufacturing of solar equipment and generate employment. PM Modi also called for greater emphasis on ethanol blending, as a way to help farmers and the environment.
image Ganga River Cruise Makes Travel Mag's Top Six to Take In 2017
Top U.S. travel magazine Conde Nast Traveler has listed a cruise on India's Ganga River as one of the "six river cruises to take in 2017." The Ganga cruise joins river excursions on the Mekong and Yangtze in China, the Amazon in South America, the Volga in Russia and the Irrawaddy in Myanmar. The Conde Nast endorsement will boost river tourism in India.
image Boost to FinTech: Mutual Fund Investment OK'd Via Digital Wallets
Indian market regulator SEBI has allowed investment in mutual funds via digital wallets. Now, any adult Indian with a digital wallet can easily invest in mutual funds. SEBI enacted this policy to encourage investment and saving among young Indian adults, a group that has a high user rate of digital wallets.


calender May 16, 2017

Signup for our weekly economic Newsletter


High Impact Economic News Archive


image image image image image image image image image image image image image image image image
Go to Navigation