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.
The Sagarmala Project for modernising Indian ports is expected to generate over 10 million new jobs, including 4 million direct jobs, in the next 10 years: Ministry of Shipping
Frankfurt: Mr Takehiko Nakao, President, Asian Development Bank (ADB), has expressed confidence that strong economic growth in India will provide an impetus to Asia's overall economic expansion which is expected to grow at 5.6 per cent in 2016.
New Delhi: The growth in combined output of eight core infrastructure sectors for March 2016 increased to 6.4 per cent year-on-year, which is the highest in the past 16 months, as per the data released by the Ministry of Commerce and Industry.
New Delhi: The Parliament of India has cleared amendments to the Mines and Minerals Development and Regulation (MMDR) Act, which will enable companies to transfer captive mines leases similar to mines won through an auction, and which is expected to lead to increased mergers and acquisitions (M&A) of steel and cement companies.
Mumbai: Mr Sumitro Ghosh, Chief Executive Officer of Tata Starbucks Pvt Ltd, has stated that India is one of the top markets for Starbucks outside US, and outlined company's plans of introducing its specialty tea brand Teavana and a digital platform by the end of 2016.
Mumbai: MobiKwik, a mobile wallet company, has raised over US$ 50 million in series-C round of funding from Japan-based GMO Payment Gateway and Taiwan-based MediaTek Inc, along with existing investors Sequoia Capital and Asia-focused hedge fund Tree Line Asia.