Economy News

Jairam Ramesh

MSME yet to recover from impact of demonetisation, GST: Congress

Congress on Saturday slammed the BJP-led central government saying the MSME sector has not yet recovered from the impact of demonetisation and GST and that no adequate steps were taken to revive the sector which could have provided employment to the youth is in its worst phase. Jul 22, 2023
sensex

'Sell China, Buy India' policy of FPIs cannot continue for long

The valuations in China at a PE of 9 is hugely attractive now compared to valuations in India with a PE of around 20 and, therefore, the 'Sell China, Buy India' policy of FPIs cannot continue for long, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Jul 15, 2023
Modi France visit

France to allow Indians to make UPI payments in rupees: Modi

Prime Minister Narendra Modi has said that India and France have agreed on usage of the Unified Payments Interface (UPI) mechanism and it will begin from the Eiffel Tower, which means Indian tourists can pay in rupees to visit the world famous site. Jul 14, 2023
FPI

Flood of FPI flows into India continues

The flood of FPI flows into India continues with Rs 21,943 crore of inflows (including bulk deals) till 8th of this month, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Jul 8, 2023
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