February 28, 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 retail sector has a potential to reach US$ 1.1 trillion by 2020, led by 20-25 per cent growth per annum in organised retail: CBRE
New Delhi: The Government of India aims to boost growth in the food processing sector by leveraging reforms such as 100 per cent foreign direct investment (FDI) in marketing of food products and various incentives at central and state government level along with a strong focus on supply chain infrastructure.
New Delhi: The government's policy initiatives like the implementation of the Real Estate Regulator Act (RERA) and Goods and Services Tax (GST) among others, are expected to boost the foreign investments in India in the realty sector, as per Mr Steven Swerdlow, CEO, Asia Pacific, CBRE.
New Delhi: The Ministry of Steel plans to introduce reforms to support the domestic steel industry, which includes reduction in input costs, and preference to locally manufactured steel for infrastructure projects like bridges and drinking water projects, as per Ms Aruna Sharma, Secretary, Ministry of Steel.
New Delhi: Paytm’s quick and hassle-free payment system makes it the most widely used and accepted payment method in the country as it crosses 200 million user base within three years of launching the Paytm Wallet.
Bengaluru: Belong, a Bengaluru-based recruitment start-up, has raised US$ 10 million from Sequoia Capital India and others to expand its client base and improve its product.