January 20, 2017
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
India's shipment of gems and jewellery to the US rose 7.81 per cent year-on-year to US$ 2.52 billion during October-December 2016: Gems and Jewellery Export Promotion Council (GJEPC)
New Delhi: Mr Mansukh L Mandaviya, Union Minister of State for Road Transport & Highways, Shipping and Chemical & Fertilizers, has stated that the Government aims to boost corporate investment in roads and shipping sector, along with introducing business-friendly strategies that will balance profitability with effective project execution.
Mumbai: India has the opportunity to boost the value of its exports by 5-8 per cent year-on-year in 2017, through a 10 per cent reduction in trade cost which could boost India’s competitiveness and contribute additional revenues of up to US$ 5.5 billion, according to a study conducted by Confederation of Indian Industry (CII) and Maersk Group.
Mangalore: India's labour force is expected to touch 160-170 million by 2020, based on population growth rate, increased labour force participation, and education enrolment at higher levels, among other factors, according to a study by ASSOCHAM and Thought Arbitrage Research Institute.
New Delhi: The government has received bids from 11 airlines for its UDAN scheme to start subsidised flights to remote airports in the country, as per Mr Jayant Sinha, Minister of State for Civil Aviation.
New Delhi: Avendus Capital plans to start its structured finance business with a dedicated fund of size Rs 500 crore (US$ 73 million), which will be primarily raised from domestic investors, and will aim for investments in growth companies, mid-market companies and opportunities to provide structured debt or private financing.