Indian economy will likely expand 6.8% in the current fiscal as public investment remains the primary growth driver, the International Monetary Fund said Tuesday in its Regional Economic Outlook for Asia and Pacific.
The Government has allowed export of 99,150 MT of onion to six neighbouring countries of Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka. Onion export prohibition has been imposed to ensure adequate domestic availability against the backdrop of estimated lower Kharif and Rabi crops in 2023-24 as compared to previous year and increased demand in the international market.
The Indian economy could grow faster than 7% in this financial year, the National Council of Applied Economic Research (NCAER) said in its monthly economic review released on Monday.
Two Central Asian states Kazakhstan and Turkmenistan along with Afghanistan have agreed to enhance transit and transport infrastructure in Afghanistan at a trilateral meeting last week between Kazakh Deputy Prime Minister Serik Zhumangarin, Director General of the Transport and Communications Agency under Turkmenistan’s Cabinet of Ministers Mammetkhan Chakyev, and Afghan Minister of Commerce and Industry Nooruddin Azizi in Kabul.
