Indian Economy News

May 25, 2022

Exports rise 21% to USD 23.7 bn during May 1-21

India’s exports increased by 21.1% to US$ 23.7 billion from May 1-21, owing to excellent growth in several industries such as petroleum products, engineering, and electronic items.

India-US ties in true sense a partnership of trust, says PM Modi at Quad

Prime Minister Mr. Narendra Modi met with President of the US, Mr. Joe Biden, after the Quad Leaders' Summit and remarked that the India-US cooperation is a true partnership of trust.

Piyush Goyal meets global leaders, pitches India among best investment destinations

Mr. Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, met global leaders and pitched India as one of the world’s best investment destinations.

India’s Health Secretary appointed as chairperson of key world health panel

Secretary of the Ministry of Health and Family Welfare (MoHFW), Mr. Rajesh Bhushan has been named head of committee B at the 75th World Health Assembly.

GIC Singapore to invest Rs 2,195 cr in Aditya Birla Fashion and Retail

The board of Aditya Birla Fashion and Retail (ABFRL) approved an investment of Rs. 2,195 crore (US$ 282.92 million) by an affiliate of GIC, Singapore's sovereign wealth fund (GIC).

India on top for trust in domestic companies: Study

Indian companies are the most trusted by the domestic population, according to the Edelman Trust Barometer Special Report: The Geopolitical Business.