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Daily Archives: January 3, 2019

Morocco ranks high in climate action

Morocco ranks

Morocco has been named the second best performing country after Sweden in the Climate Change Performance Index (CCPI). The North African country significantly increased the share of renewables over the past five years and increased new renewable energy capacity. Sweden is in top position, followed by Morocco and Lithuania in …

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‘Economy on track to maintain high growth rate’

growth rate

The Indian economy is projected to be the fastest-growing major economy in the current year and upcoming fiscal 2019-20, the Finance Ministry said on Wednesday, while emphasising that the government has taken several steps to boost investors’ confidence. The average growth of the economy between 2014-15 and 2017-18 was 7.3%, …

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U.K. Sinha to head RBI panel on MSME revival

MSME revival

The RBI has appointed an eight-member expert committee headed by former SEBI chairman U.K. Sinha to comprehensively review and propose long-term solutions for revival of the micro, small and medium enterprises (MSME) sector. Other members of the panel are Ram Mohan Mishra, Additional Secretary, Development Commissioner MSME; Pankaj Jain, Joint …

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China growth woes roil Indian markets

Indian markets

Major Asian indices shed 1-3%; Sensex loses 520 points intraday; rupee slumps 1% against dollar A weak trend in the global equity markets on the back of disappointing economic data from China led to the Indian benchmarks shedding 1% on Wednesday as investors became jittery over the near-term outlook on …

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Trump wants another meet with Kim

Trump

President Donald Trump is looking forward to another summit with North Korean leader Kim Jong-un, he said on Tuesday. “I look forward to meeting with Chairman Kim who realizes so well that North Korea possesses great economic potential!” Mr. Trump said in a brief tweet. The development comes after Mr. …

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