New Delhi [India], June 27 (ANI) Given the uneven domestic economic recovery, and a relatively larger output gap compared to pre-Covid levels, as well as higher inflation tolerance levels, rating agency ICRA expects India's policy rate hike cycle to be shallower vis-a-vis the US Fed.
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
Dhaka [Bangladesh], June 4 (ANI): China is striving so hard to present itself as a reliable partner for economic recovery post-Covid-19 pandemic in Bangladesh but its economic partnership seems to be turning out as an albatross around their neck for recipient countries.
Bratislava [Slovakia], June 3 (ANI): External Affairs Minister Dr S Jaishankar, on Friday, said India handled the COVID pandemic prudently and that the country is "largely out of COVID with a strong sense of economic recovery".
Chennai (Tamil Nadu) [India], May 26 (ANI): India has provided all possible support to Sri Lanka and will continue to stand with the people of the neighbouring country, Prime Minister Narendra Modi said in Chennai during his visit Thursday.
New Delhi [India], May 19 (ANI): External Affairs Minister S Jaishankar on Thursday participated in the BRICS Foreign Ministers' Meeting and highlighted eight key points including Ukraine issue, socio-economic recovery from COVID-19 pandemic.
New Delhi [India], May 19 (ANI): Sri Lanka's High Commissioner to India Milinda Moragoda on Thursday met National Security Advisor Ajit Doval to discuss the present crisis in the island country and requested India's assistance in garnering international support for the economic recovery in S
Kigali [Rwanda], May 19 (ANI/Xinhua): Rwanda has announced an additional 250 million US dollars for the Economic Recovery Fund as part of the country's efforts to support the recovery of businesses severely affected by the COVID-19 pandemic.
Kashipur (Uttarakhand) [India], May 14 (ANI): Saying that India has broadly come out of the turbulence that occured due to the COVID-19 pandemic, Principal Economic Advisor to Government of India Sanjeev Sanyal on Friday asserted that a number of steps are being taken by the government to
Beijing [China], May 13 (ANI): With China's economic growth projected slow in 2022, a payment survey by Coface, China's credit insurance group, shows that many companies have reported ultra-long payment delays (ULPDs) which means companies are facing overdue payments by more than six months.
Colombo [Sri Lanka], May 11 (ANI): The Indian High Commission on Wednesday "categorically" denied media reports about New Delhi sending its troops to Colombo, stating that the country is fully supportive of Sri Lanka's democracy, stability and economic recovery.
New Delhi [India], May 10 (ANI): In view of the current situation in Sri Lanka, Spokesperson for Ministry of External Affairs (MEA) Arindam Bagchi on Tuesday said that India is fully supportive of democracy, stability, and economic recovery of the island nation.