Economy and Business

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Committed to promoting ease of doing business: Modi

Reiterating that his government is fully committed to promoting 'ease of doing business and ensuring robust economic growth, Prime Minister Narendra Modi has said it has taken several "affirmative actions" in the last four years in this direction.

India on track to stay among fastest growing economies: IMF

Observing that India'a near-term macroeconomic outlook is "broadly favorable", the International Monetary Fund (IMF) has said that the country is on course to hold its position as one of the fastest growing economies in the world.

UAE, Saudi Arabia can help India meet any oil deficit, says UAE envoy

Even as the US-imposed sanctions on Iran has put India’s energy security in jeopardy, United Arab Emirates Ambassador to India Ahmed Albanna has allayed fears of an oil shortage, saying his country as well as Saudi Arabia can fill in if supply from Iran is disrupted.

IMF cuts India's growth projection, but it still retains world's top spot

The International Monetary Fund (IMF) cut India's growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday, although the country will still retain its top spot in the global growth league.

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Cyclonic storm Gaja batters South India

A severe cyclonic storm, Gaja, battered the coast of the southern Indian state Tamil Nadu on Friday, leaving at least 15 people dead and causing widespread destruction.

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Iran, India discuss trade cooperation under US sanctions

India and Iran discussed ways of continuing biliateral trade under reimposed US sanctions, Eghtesad Online news website reported.

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