Expert-Speak

Retail inflation in the country probably fell in November from October but remained above the Reserve Bank of India's target, amid high food and petrol prices, a poll of economists by news agency Reuters showed. Retail inflation has stayed above the central bank's comfort zone of 2-6 per cent for seven consecutive months, a streak not seen since August...

The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it...

Prime Minister Narendra Modi will be in Gujarat on December 15 to lay the foundation stones of two projects in Kutch district - a mega renewable energy park and a desalination plant, state Chief Minister Vijay Rupani said on Thursday. Talking to reporters here during a function, Mr Rupani said that the hybrid renewable energy park, having both solar panels...

Mumbai, November 2020: The Advertising Standards Council of India (ASCI) has introduced guidelines to make real-money gaming advertising safer and more responsible. The guidelines have been developed to ensure that such advertising makes users aware about financial and other risks that are associated with playing online games with real money winnings. As per a recent KPMG study, online gaming grew 45%...

Prime Minister Narendra Modi warned on Tuesday that any COVID-19 vaccine could lead to side-effects in some people, as even popular medicines do, and that the government would only go by science in finalising one for the country. The comments came ahead of the possible launch of the Oxford-AstraZeneca vaccine by early next year in India, the country with the...

New Delhi: SoftBank India Head Manoj Kohli looks very optimistic towards India's digital market. Manoj Kohli says, "India is already one of the top 3 digital nations in the world with 750 million mobile internet users. In the next decade, digital businesses will grow rapidly and will fulfill the gap of physical infrastructure in India."  Kohli says, "Digital businesses are...

India needs disruptive solutions in renewable, low carbon and carbon recycle technologies, as well as breakthroughs in renewable energy and innovations in energy storage and utilisation to achieve the twin goals of becoming an economic and a clean-and-green energy superpower, Reliance Industries Chairman Mukesh Ambani said on Saturday. Ambani, who is also the President of the Board of Governors of...

Finance Minister Nirmala Sitharman on Thursday announced a Rs 900 crore grant to the Department of Biotechnology for COVID-19 vaccine research She said the grant does not cover the actual cost of vaccine and distribution expenses, which will be made separately as and when the vaccine is available She also said that Rs 10,200 crore additional budget outlay will be provided...

Prime Minister Narendra Modi and World Health Organisation Director General Tedros Adhanom Ghebreyesus on Wednesday discussed the ongoing global collaboration for combating COVID-19 pandemic, and also agreed on the need for integrating traditional medicine solutions into modern medical practice through holistic protocols. The Prime Minister had a telephone conversation with the World Health Organisation (WHO) DG and he expressed his...

Minister for Finance and Corporate Affairs Nirmala Sitharaman participated in the first BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting under the BRICS Russian Chairmanship on Monday. As per an official release, the agenda of the meeting included discussions on the outcomes of the G20 Saudi Presidency in 2020, a digital platform to encourage infrastructure investments and expansion...