Jewellery exports in June 2019 decline by 16% YoY on slow demand from China and Gulf countries

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Gem and jewellery exports declined 16.26 per cent to $2,826 million during June 2019 from $3,375.17 million during the same month last year. Exports during the first quarter of FY20 declined by 10.38 per cent to $9.18 billion from $10.25 billion during the same period last year. Experts say that the trend seen in first quarter is […]

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Structural reforms to make India a $5 trillion economy, says finance minister in 2019-20 budget

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Announcing the union budget 2019-20, India’s Finance Minister Nirmala Sitharaman said India needs to make structural reforms to create a $5 trillion economy in the next few years. Presenting the first Budget of the second term of Prime Minister Narendra Modi’s government, she said the Indian economy that stood at $1.85 trillion five years back […]

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India’s budget could be agri focused on slow monsoon and looming state elections

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By Biman Mukherjee Delayed monsoon rains that have worsened fears of rural distress in India and upcoming elections in key states might tempt the government to offer many welfare programs for farmers in the upcoming national budget on Friday. But their cause will be better served by strengthening a creaking agriculture supply chain, say experts. […]

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Demand from Asia set to power global gas industry growth over the next five years – IEA

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Global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade, the International Energy Agency (IEA) said. Demand for natural gas grew 4.6% in 2018, its fastest annual pace since 2010, according […]

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