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Monday, May 23, 2022

'Inflation fight will hurt growth, risks wider fiscal gap'

The export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening, but do little to bring down retail prices within the central bank's tolerance level, economists and industry officials said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/romLOwU

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Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...