Latest News & Knowledge
White House on India: White House Press Secretary Jen Psaki reaffirmed the Biden administration’s warning days after US Deputy National Security Adviser for International Economics Daleep Singh traveled to New Delhi to warn India that … Read more
According to a survey by the Confederation of Indian Industry (CII), India’s GDP can expand from $3 trillion to $9 trillion by 2030, and $40 trillion by 2047, if the country’s working-age population — which … Read more
The Commerce and Industry Ministry reported on Sunday that India’s goods exports increased by 43.2 percent to about $418 billion dollars in 2021-22, an increase of over $125 billion over the COVID-affected year 2020-21, with … Read more
At their respective meetings on Monday, the Boards of Directors of HDFC Ltd. and HDFC Bank Ltd. approved a composite scheme for the merger of HDFC Investments Ltd. and HDFC Holdings Ltd. with and into … Read more
The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) dipped to 54 in March from 54.9 in February, with production and sales expanding at their slowest rate in six months and inflation fears driving down … Read more
Sri Lanka: One topic that has been circulating in Kerala’s academic circles in recent weeks is whether the state can learn anything from Sri Lanka’s economic catastrophe. Finance Minister K.N. Balagopal said openly that the … Read more
Russia and Ukraine export approximately a quarter of all wheat in the world. However, due to Russia’s invasion of Ukraine and accompanying Western sanctions, their wheat supply has been substantially reduced. As a result, many … Read more
India-Australia: On April 2, India and Australia signed an economic cooperation and trade deal under which Canberra will grant duty-free access to over 95 percent of Indian commodities, including textiles, leather, jewelry, and sports items, … Read more
Sri Lanka Crisis: After the President proclaimed a state of emergency, the Sri Lankan government ordered a curfew across the country from 6 p.m. Saturday until 6 a.m. Monday. “A curfew has been enforced countrywide … Read more
Finance Minister Sitharaman: India has already begun purchasing the cheaper Russian oil on offer, according to Finance Minister Nirmala Sitharaman. “So, it’s been completed. We’ve begun purchasing. We’ve got a large number of barrels, enough … Read more