Indian economy will touch $5 tn in 7-9 years: Prabhu

“We’ve been focusing on the macro all this while, and while that continues, now we feel the need to also have the micro or the bottom,” said Prabhu, who also heads the Commerce and Aviation Ministries. Continue Reading

Prabhu to meet fin secys to resolve exporter credit supply issues

“We’ve seen a huge dip in bank credit to exporters. And to resolve that, we have got a meeting fixed this week itself. We’ve called the Banking Secretary, Financial Services Secretary and everybody else to come, and we are going to ensure that it happens,” he told exporters. Continue Reading

Centre declares Kerala deluge severe calamity

The Centre declared the devastating floods in Kerala a “calamity of severe nature” as the state braced for the gigantic task of reconstruction of destroyed infrastructure and rehabilitation for lakhs of people rendered homeless. Continue Reading