RBI’s monetary policy committee member Ashima Goyal has said the Prime Minister Narendra Modi led-NDA government in its third term should focus on raising farm productivity and improving supply chain to reduce volatility in food prices. Goyal further said the prospects for robust growth and falling inflation continue with the return of a stable conservative … Read more
Maruti Suzuki (MSIL) sped past a green milestone, surpassing 2 million car deliveries via Indian railways. This makes them the first Indian automaker to achieve this eco-feat, the company said Monday. Rail usage soared over 600%, with dispatches jumping from 65,700 units (FY 2014-15) to 447,750 units (FY 2023-24). This shift translates to an estimated … Read more
Maruti Suzuki India plans to utilise Indian Railways to transport 35 per cent of the vehicles produced across its factories over the next 7-8 years, according to MD and CEO Hisashi Takeuchi. The share of vehicle dispatches through railways scaled to 21.5 per cent in the 2023-24 fiscal from 5 per cent in 2014-15. The … Read more
Russian President Vladimir Putin speaking to Indian Prime Minister Narendra Modi during their meeting at Taj Exotic Hotel on October, 15, 2016 in Benaulim, Goa, India. Mikhail Svetlov | Getty Images News | Getty Images India’s Prime Minister Narendra Modi is set to meet President Vladimir Putin in Moscow on Monday, marking his first visit … Read more
India, with its booming population, is facing a gloomy job scenario. Even its 7% economic growth may not bring any cheer. The issue is not just ‘how many’ jobs are being created, but also ‘what kind of’ jobs, which presents a crisis within a crisis. Amidst this grim situation, an idea from Andhra Pradesh could … Read more
India will struggle to create enough jobs for its growing workforce over the next decade even if the economy grows at a rapid pace of 7%, Citigroup Inc. said, suggesting the world’s most-populous nation will need more concerted steps to boost employment and skills. Citi estimates India will need to create about 12 million jobs … Read more
President Joe Biden and Prime Minister Narendra Modi are anticipated to convene during the G7 Summit in Italy, according to US National Security Advisor Jake Sullivan. Sullivan highlighted that Biden’s upcoming trip to Italy may include a meeting with the Indian Prime Minister, calling it as a prospective “encounter.” The statement also reiterated the US … Read more
Prime Minister Narendra Modi’s first foreign visit will likely be to Italy. Following his re-election, PM Modi has accepted invitation from Italian Prime Minister Giorgia Meloni to participate in the G7 Summit, scheduled from June 13 to 15 in Borgo Egnazia, Apulia. According to a statement from the Ministry of External Affairs, Modi conversed with … Read more
In recent years, investors bullish on Indian equities have cited the promise of policy reforms and rapid economic growth under Prime Minister Narendra Modi to justify its record premium over emerging-market peers. Now, with the leader facing coalition politics after a weaker-than-expected mandate in this week’s national election, the so-called Modi premium is under scrutiny. … Read more
“Like you rightly pointed out rejigging the portfolio or monitoring your portfolio is an annual exercise which you always should do. But there are some periods which are more momentous from a perspective of their timing that at that point in time reviewing your portfolio, making changes makes perfect sense,” says Feroze Azeez, Deputy CEO, … Read more
