economic reform

New Delhi, April 1 – Members of the ruling party and opposition engaged in heated exchanges in the Lok Sabha on Wednesday regarding the second edition of the Jan Vishwas bill. The BJP framed it as the largest decriminalization exercise in India's history, aimed at simplifying business and the...

Johannesburg, March 31 South African President Cyril Ramaphosa announced an ambitious initiative to attract investment of around USD 60 million over the next two years at the 6th edition of the annual South Africa Investment Conference in Johannesburg on Tuesday."Investment conferences such as...

March 27, New Delhi: India's Finance Minister Nirmala Sitharaman, while presenting the Finance Bill in the Rajya Sabha, stated that the reform momentum remains strong, with the aim of making India a vibrant and economically prosperous nation. She emphasized inclusivity, ensuring that all...

The Lok Sabha has taken up the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, for consideration and passage. Union Finance Minister Nirmala Sitharaman introduced the Bill, which aims to further amend the Insolvency and Bankruptcy Code of 2016. The Bill seeks to address procedural delays...

Colombo, March 25 Sri Lanka is hoping to receive two installments of its bailout package from the IMF when the IMF team arrives here to complete its mission, Central Bank Governor Nandalal Weerasinghe said on Wednesday.An International Monetary Fund (IMF) team will arrive here on Thursday and...

New Delhi, March 15 – Negotiations between Pakistan and the International Monetary Fund (IMF) over the release of a $1 billion tranche have reportedly stalled again due to the country's weak tax collection and doubts about the credibility of the current budget, reports said.The IMF has once...

Kathmandu, March 11 – The clear majority secured by the Rastriya Swatantra Party (RSP) in Nepal's recent parliamentary elections is likely to reduce near-term political uncertainty and improve policy predictability in the Himalayan nation, Fitch Ratings said on Wednesday.“This provides an...

Sri Lanka has formally dissolved the state-run Ceylon Electricity Board, replacing it with six new companies as part of a major restructuring of the country’s power sector.This change comes into effect today, following the end of the Board's tenure at midnight last night. Under the...

Washington, March 5 – Canada’s Prime Minister Mark Carney has praised Prime Minister Narendra Modi’s leadership and governance record, highlighting his relentless work ethic and focus on serving ordinary citizens, while signaling a push to deepen ties between Ottawa and New Delhi.Speaking at...

New Delhi, February 2 – While a top Chinese court has made it mandatory for employers and workers to contribute to social insurance schemes, in practice, only around one-third of companies in the country are following the order, according to a media report.The reason for the social welfare...

New Delhi, February 26 Former German Chancellor Angela Merkel on Thursday made a strong case for multilateral cooperation, saying that in these times of protectionism, giving up on multilateralism was not an option.Delivering the inaugural Dr. Manmohan Singh Lecture, she referred to the US-led...

Prime Minister Narendra Modi has asserted that India must always be prepared to address security challenges. In an interview with a news agency, Mr. Modi highlighted that the benefits of a decade of defense reforms were evident during Operation Sindoor. He emphasized that India has a duty to...

New Delhi, February 15 Prime Minister Narendra Modi said on Sunday that by nature, he is "never fully content" and believes that public life demands a certain constructive restlessness, a constant urge to do more, to improve faster, and to serve better.Modi, however, emphasized that it is also...

New Delhi, February 15 Prime Minister Narendra Modi on Sunday hailed the latest budget and a series of global trade deals signed by his government as the foundation for "Developed India," and urged the private sector to "take more aggressive and bold steps" now.In an extensive interview with...

New Delhi, February 15 Asserting that his government's "Reform Express" is significantly benefiting common citizens, Prime Minister Narendra Modi said on Sunday that his top three reform priorities for the next decade will be continued structural reforms, deeper innovation, and further...

New Delhi, Feb 15 – Prime Minister Narendra Modi on Sunday said that productive spending is a key feature of his government's policies. He stated that the recently unveiled Union Budget deliberately avoids short-term populist measures and instead focuses on significant investments in...

New Delhi, February 15 – This year's budget wasn't a "now or never" situation born out of necessity, but a "we are ready" moment resulting from preparation and inspiration, Prime Minister Narendra Modi stated on Sunday, asserting that it reflects India's "desire" to become a developed nation...

New Delhi, February 15 – Pakistan’s economy cannot be fixed without first addressing the political issues, as a corrupt government is hindering economic development, according to an article in Pakistani media.An economic system is inherently a product of the political system. The political...