Economic slowdown? India just gave away a Billion $ to Russia

Addressing the plenary session of Eastern Economic Forum, PM Modi said the friendship between India and Russia was not restricted to governmental interactions in capital cities, but is about people and close business relations.


India to be fastest-growing economy this year : RBI Governor

India will remain to be the fastest-growing economy this year clocking a growth rate of 7.2 per cent in 2019-20, despite risks of a global slowdown, financial markets and crude price volatility, according to the Reserve Bank of India governor Shaktikanta Das.
He called for greater co-operation among emerging market economies on all fronts which will help them be better off in this uncertain environment.

MCA initiates preliminary probe into multicrore Intellicity fraud

On the basis of a complaint by one of its Directors Anil Sutar, Intellicity Business Park Pvt. Ltd is likely to soon face the ministry of corporate affairs (MCA) probe as the builder company is alleged to have siphoned off funds. The ministry has started a preliminary investigation into the builder’s books. The report is expected soon.