Economy News ( English version)

Azerbaijan is enhancing ties with India, launching Ahmedabad-Baku flights in July, complementing existing Delhi and Mumbai routes. This move aims to boost people-to-people connections. Amidst growing Indian tourism to Azerbaijan, the nation delivered soda ash to Indian ports via cargo ship.

The Confederation of Indian Industry wants changes to the National Judicial Data Grid. This is to speed up how disputes are resolved. It hopes to improve contract enforcement in India. The CII suggests more specific dispute categories. They also want uniform data reporting across courts. This can help identify delays and improve the judicial process.

RBI Governor Sanjay Malhotra promoted India as a prime long-term investment destination, citing its robust growth and stability amidst global economic challenges. India's average annual growth rate of 8.2% over the past four years makes it the fastest-growing major economy. Strong domestic demand, policy continuity, and significant foreign exchange rese […]

India's engineering goods exports hit a record high of USD 116.67 billion in fiscal year 2024-25. This represents a 6.74 percent increase. The United States was the top destination. There was growth in exports to the UAE, Singapore, and Nepal. Engineering exports outperformed overall merchandise exports. Concerns remain about global trade dynamics and p […]

Reserve Bank Governor Sanjay Malhotra has urged US industry leaders to invest in India, highlighting its position as the fastest-growing major economy. He emphasized India's policy consistency, stable macroeconomic fundamentals, and congenial business environment. Malhotra pointed out the country's remarkable resilience, with an average annual grow […]