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High Impact Economic News


image India fastest growing economy at 7.4 per cent in 2018: IMF
The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive.
image India's wealth to overtake UK in next decade
The UK is expected to remain one of the 10 wealthiest countries in the world over the next decade, but it will be outpaced by India. According to New World Wealth research, the US is currently the wealthiest country in the world...
image Indian tea industry records highest ever production, export in FY18
Indian tea industry has recorded the highest ever production as well as exports in FY18. The total tea production was 1325.05 million kgs, an increase of 74.56 million kgs as compared to 2016-17. In percentage terms the increase is around 6%.
image Government departments earmark Rs 16,500 cr for Swachh Bharat Mission in 2018-19
A sum of Rs 16,500 crore has been earmarked by 71 ministries and departments of the central government for implementation of the Swachh Bharat Mission (SBM) in 2018-19.
image Haryana inks two pacts in UK to boost agriculture, investments
The high-level delegation, led by Haryana chief minister Manohar Lal Khattar, signed two MoUs in London — one for cooperation with the University of Birmingham to utilize knowledge to boost agricultural production and productivity and another with Johnson Matthey, a British multinational, for a project involving investment...
image Healthcare sector may touch ₹8.6-lakh cr by FY22
The healthcare industry is expected to grow annually at 16-17 per cent to reach ₹8.6 lakh crore by FY22 on the back of the Centre’s Ayushman Bharat scheme which, if implemented successfully, can go a long way in meeting the severe shortage of healthcare infrastructure, says a brokerage report.
image Centre plans Rs. 9k cr sops to push eco-friendly cars
As part of a Rs. 9,400-crore package for electric and hybrid vehicles, the government may offer incentives of up to Rs 2.5 lakh to those scrapping...
image Aadhaar may become mandatory to book rail tickets
Your Aadhaar card could soon become mandatory to book railway tickets if the recommendation of a new railway report is implemented.


calender May 15, 2018

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