Economy - Asian News from UK

Capital outlay for railways pegged at Rs 2.40 lakh cr, highest ever

The government will also launch a sub-scheme of the existing PM Matsya scheme to improve value chain efficiencies, she said…reports Asian Lite News The government proposed a capital outlay of about Rs

February 1, 2023

Economy·India News

Union Budget sets capex outlay at all-time high

This year’s Budget holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024…reports Asian Lite News The government proposes to increase capital expenditure outlay

February 1, 2023

Business·Economy·India News

Budget 2023: Capex outlay hiked to all-time high

Finance Minister Nirmala Sitharaman announced in her Budget speech that capital investment outlay is being increased steeply for the third year in row…reports Asian Lite News The total capex outlay in the

February 1, 2023

-Top News·Economy·India News

Eco Survey calls for reverse flipping’ of Indian startups

The Economic Survey noted that the flipping phenomenon “reflects startups venturing out for short-term gains in the dynamic, uncertain geopolitical world”…reports Asian Lite News As external support from the government has made

February 1, 2023

Business·Economy·India News

IMF upgrades global economic outlook

A big factor in the upgrade to global growth was China’s decision late last year to lift anti-virus controls that had kept millions of people at home…reports Asian Lite News The outlook

January 31, 2023

-Top News·Economy·USA

Economic Survey: India’s growth inclusive with focus on job creation

Citing a UNDP report of July 2022, the survey stated that the recent inflationary episode in India would have a low poverty impact due to well-targeted support…reports Asian Lite News The Economic

January 31, 2023

Business·Economy·India News

Eco Survey warns of financial contagion from advanced economies

With inflation persisting in the advanced economies and the central banks hinting at further rate hikes, downside risks to the global economic outlook appear elevated…reports Asian Lite News At least three shocks

January 31, 2023

Business·Economy·India News

India Inc bosses to get pay hike amid layoff season

The study found that among the Bombay Stock Exchange’s (BSE) top 30 companies, long-term incentive (LTI) is provided at 176 per cent of fixed pay for CEOs and at 103 percent for

January 31, 2023

Business·Economy·India News

US tech giants continue firing spree

Tech giants IBM and Spotify joined the line this week, taking up the total of tech employees cut this year to 53,000…writes Yashwant raj Washington, Jan 29 (IANS) Google CEO Sundar Pichai

January 30, 2023

Business·Economy·USA

Rail Budget to focus on incomplete projects, Make in India

The Modi government is working on increasing the railway budget by 20-25 per cent to strengthen the infrastructure of the entire railway system…writes Preet Kiran In the upcoming Railway Budget, the emphasis

January 30, 2023

Business·Economy·India News

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