January 16, 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.
Merchandise exports from India grew by 5.7 per cent year-on-year to a 21-month high of US$ 23.8 billion in December 2016: Central Statistics Office (CSO)
Ahmedabad: Mr Lars Heikensten, Executive Director, Nobel Foundation, has predicted that India's share of the global economy is expected to increase in the future based on its on-going policy reforms.
New Delhi: India's economic activity is expected to pick-up in the second half of 2017, from the projected 6.6 per cent growth for 2017, as Government of India's demonetisation initiative will likely strengthen the country's institutional framework by reducing tax avoidance and corruption, and enhance efficiency gains, according to Moody's and its Indian affiliate ICRA Ltd.
New Delhi: The Ministry of Commerce & Industry has launched a new mobile application called SEZ India, aimed at helping the special economic zone (SEZ) units and developers to find information easily, file transactions digitally, and track the status on the go through the SEZ India mobile app.
New Delhi: In 2016, 2.4 million new demat accounts were opened by Indians, the highest number of account openings since 2008, led by higher number of initial public offerings (IPOs) and greater interest in mutual fund investments.
New Delhi: Mr Chip Kaye and Mr Joe Landy, Co-CEOs of Warburg Pincus, have stated their appreciation for the depth of talent in India, and view the broad base of the next generation of entrepreneurs as having substantial talent and potential.