Investment is consolidating in the economy as high public capex crowds in private investment, which is beginning to set up additional plants and acquiring new machinery to address rising capacity utilisation, the report said.
Commerce Ministry officials maintain that India will push against any form of curbs on its subsidies to poor fishermen at the WTO and also seek a moratorium on fishing subsidies from advanced countries including the US and EU during the upcoming inter-ministerial.
Mayur Karmarkar, India team leader at the International Copper Association, speaks to Aggam Walia about India’s copper import dependency and domestic copper demand.
Das made this observation at a meeting with the MDs and CEOs of PSU banks and select private sector banks. Governor in his remarks complimented the banks on their improved financial performance and that of the whole banking sector.