NITI Aayog
Asian markets tumble to 15 month lows, Fed expected to raise interest rates 6 times this year
Stock markets in Asia have tumbled to their lowest in nearly 15 months after America's central bank chief confirmed widely expected plans to increase interest rates this year, beginning in March, The Guardian reported. With investors also concerned about political tensions between Russia and Ukraine, supply chain problems, and rising oil prices, the prospect of sustained increases in the cost of borrowing by the world's most powerful economy sent a spasm of anxiety through financial markets on Thursday.
CAIT slams Niti Aayog for interfering in e-commerce rules
CAIT Secretary General Praveen Khandelwal came down vehemently on Niti Aayog and said, "It is highly unfortunate that Niti Aayog in the last seven years since it's inception had done absolutely nothing to support the 8 crore traders of India and now when the government is trying to create a level playing field in the retail sector, Niti Aayog is interfering in between and trying to derail the process."
R&D investment for electric mobility, exports key for auto sector growth: Niti Aayog CEO
Speaking at the Annual Conference of Society of Indian Automobile Manufacturers (SIAM), Kant said that focus on small format mobility and establishing massive charging infrastructure would also be key growth drivers for the sector. The Chairman of TVS Motor Company, Venu Srinivasan observed that the auto sector is moving towards importing, assembling and making in India.
Twin crises of Covid, climate change offer opportunities: Amitabh Kant
"The industry organisations have to 'restructure', 'resize' and 'redesign' and the role of the CII is to prepare and guide its membership to adapt to the new environment. The pandemic has presented the industry with an opportunity to be globally competitive by developing quality products and becoming a part of global supply chains."
NITI Aayog submits privatisation list, Bank of Maha, Central Bank top candidates
Sources said that the Department of Investment and Public Asset Management (DIPAM), and the Department of Financial Services (DFS) will examine the names suggested by NITI Aayog and finalise the list of possible candidates in the financial sector for privatisation this year. People in the know also said that Bank of Maharashtra and Central Bank are the top two candidates that has been favoured for privatisation
India's healthcare industry to reach $372 bn by 2022: NITI Aayog
Healthcare has become one of the largest sectors of the Indian economy, in terms of both revenue and employment, said the report released by NITI Aayog's Member, Health, V.K. Paul, CEO Amitabh Kant, and Additional Secretary Rakesh Sarwal.
'India Inc should work with govt on its aspirational programmes'
The corporates should also look at bringing small and medium enterprise and migrant workers in the value chain, thereby generating employment, wealth creation and promoting growth needed by the country, NITI Aayog Vice Chairman Rajiv Kumar said.
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