TG aiming for $3 trillion economy with strong industry partnership: Vivek
Hyderabad, March 7 (RAHNUMA): Minister for Labour, Employment and Mines G. Vivek Venkatswamy stated that the state government, under the leadership of Chief Minister A. Revanth Reddy, is embarking on a strategic initiative to elevate Telangana’s economy to the $3 trillion mark in the forthcoming years. He conveyed that achieving this ambitious objective necessitates ongoing […]
India has enough forex to handle rise in global oil prices, economy poised for high growth
New Delhi, March 6 (IANS) While the Iran war has already driven Brent crude up around 9 per cent to near $80 per barrel and LNG prices by around 50 per cent in the global market, India has sufficient foreign exchange reserves, a low current account deficit (CAD) of 0.8 per cent of GDP in […]
Damage to Israeli economy from Iran war could top $2.9 billion a week, ministry says
JERUSALEM(RAHNUMA): Damage to Israel’s economy from the air war with Iran could reach more than 9 billion shekels ($2.93 billion) a week, the Finance Ministry said on Wednesday. Under current “red” restrictions by Israel’s Home Front Command that limit traveling to work and school closings, along with callups to the reserves, economic loss is estimated […]
Trump says Iran wants deal, hails economy
Washington, Feb 7 (IANS) US President Donald Trump said that Iran “looks like it wants to make a deal very badly,” as he pointed to what he described as progress in talks on Iran, Russia and Ukraine, while also touting economic gains and lower prices at home. “We had very, very good talks today, having […]
Ocean science, biotech to boost India’s economy, environment and employment: Jitendra Singh
New Delhi, Jan 17 (IANS) Integrating ocean science and biotechnology will help strengthen India’s economy, environment, and employment, said Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences, on Saturday. Singh said this while on a visit to the Atal Centre for Ocean Science and Technology for Islands (ACOSTI) […]
Meghalaya second fastest growing economy in India: CM Sangma
Guwahati, Dec 10 (IANS) Meghalaya has been witnessing faster economic progress, and it is the second fastest growing economy after the southern state Tamil Nadu, Chief Minister Conrad Sangma said on Wednesday. Sangma today inaugurated the 4th Edition of the Tri Hills Ensemble at Ward’s Lake, Shillong. The festival celebrates the craft, culture, and cuisine […]
Impact of US tariffs on Australian economy to remain ‘relatively small’
Canberra, Feb 21 (IANS) Australia is less vulnerable than other countries to the impact of US tariffs, the country’s Central Bank has said. Reserve Bank of Australia (RBA) Assistant Governor and Chief Economist Sarah Hunter said on Friday that US President Donald Trump’s 25 per cent tariffs on all steel and aluminum imports will have […]
Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth
New Delhi, Jan 2 (IANS) As 2025 begins on a note of heightened global uncertainties ahead of the US President-elect Donald Trump’s inauguration, India continues to be in a much stronger position with high frequency indicators showing a pick up in the pace of growth in the third quarter of current fiscal (Q3 FY25), according […]
