Neelkanth Mishra noted that the cushion available within the pricing system remains adequate and that earlier fears of significantly larger fuel subsidies have not materialised.
The discussions focused on potential collaboration in areas such as establishment of critical mineral processing parks, manufacturing, investments, logistics infrastructure, industrial corridor development, skill enhancement and technology support.
The World Bank has projected India's growth at 6.6% in the Financial Year 2026-27. India's growth is skewed to the downside, even as ample foreign exchange buffers and a well-capitalised banking system help manage risks, the World Bank said.
A delegation of the state’s housing urban development department undertook an exposure and knowledge-sharing visit to Chennai to glean tips for affordable housing and urban habitat initiatives supported by the World Bank and the Asian Development Bank.
Over the past decade, Indian startups and emerging enterprises have attracted more than $150 billion in private investment, spanning venture capital, private equity, and growth funding, placing India among the largest startup investment destinations globally.
While India’s studied silence on Teesta has disappointed Dhaka, Mr Modi’s pledge to discuss the economic issue has been generally welcomed by the Bangladesh delegation.
To its credit, the Hasina Administration has spoken out unequivocally against such attacks and crackdowns have been launched albeit with mixed results.
Notably, apparel constitutes more than 80 per cent of Bangladesh's total export and it is mainly exported to developed countries.
The controversial statement also aims to belittle Bangladesh’s electoral practices as the world at large might be led to think that elections in Bangladesh are not fair.
By ignoring long-standing issues in the pursuit of growth, suddenly the country is back to the era of rolling power cuts, with the taka and the forex reserves under pressure.
