Monthly Archives: June 2018

World Bank forecasts 7.3 per cent growth for India; making it fastest growing economy

The World Bank has forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for the next two years, making it the fastest growing country among major emerging economies. A top World Bank official said India’s economy is robust, resilient and has potential to deliver sustained growth Growth in India is projected to advance 7.3 per cent in Fiscal Year (FY) 2018/19 (April 1, 2018-March 31, 2019) and 7.5 per cent in FY 2019/20, reflecting robust private consumption and strengthening investment, the bank said […]

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India’s first cargo policy on anvil

India will soon have a policy on cargo, or the carriage of goods, that is being finalised by the new department of logistics, the government said on Friday. Addressing the fourth Supply Chain Management and Logistics Summit organised by Economic Times, Commerce Minister Suresh Prabhu said his ministry is putting the final touches on a policy for the logistics sector as part of a comprehensive plan to boost business and exports. It will include a new industrial policy, one for agriculture exports and developing parameters for the country’s districts on […]

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