8
Saturday
August 2020
8:54 PM IST
News Headlines
66 players opt out of NFL season due to coronavirus pandemic        London Marathon to feature only elite runners, unique route        Rupee edges 4 paise lower to 74.98 against US dollar in early deals        Vodafone Idea shares plunge nearly 8 pc on Q1 loss        UN reports sharp increase in cybercrime during pandemic        Trump signs executive orders banning Chinese apps TikTok & Wechat        Trust for building mosque on five-acre land in Ayodhya in process of setting up office        Pak shells forward areas in Poonch        Centre releases Rs 890 cr as 2nd tranche of package for COVID-19 health system preparedness        17 killed as Air India Express flight overshoots runway in heavy rains in Kozhikode in Kerala; both pilots among the dead        Serum Institute to produce up to 100 mn COVID-19 vaccine doses for India, other countries        Asthma in Kids—Know it Better        India''s COVID-19 recovery rate rises to 67.62 pc; case fatality rate drops to 2.07 pc: Govt        Eight COVID-19 patients killed in fire at Ahmedabad hospital        Chemical stored in Chennai safe, to be e-auctioned: Customs        India hits out at China for attempting to raise Kashmir issue at UNSC        1298 fresh COVID-19 cases in Kerala, death toll climbs to 97        Heavy rains pound Kerala''s northern districts; river in spate        Sri Lanka election: Early results show Rajapaksa clan heading for landslide win        Vivo suspend IPL partnership for one year; may resume in 2021        
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Business News
States to be key drivers of growth for making India USD 5 trillion economy: Niti CEO
 
New Delhi: States will have to become key agents of growth to help achieve India's target of becoming a USD 5 trillion economy, Niti Aayog Chief Executive Officer Amitabh Kant said on Saturday.

Speaking at an event organised here by industry chamber PHDCCI, Kant said states have to work together and learn from each other to radically transform India.

Kant said one of the things which Prime Minister Narendra Modi has been focusing on in recent times is the target of becoming a USD 5 trillion economy by 2024 and subsequently a USD 10 trillion economy by 2030.

"...therefore, our challenge really is that it will not be possible for India to achieve this till states do not aim to double and triple their GDPs. And this would require major structural reforms and structural reforms over a vast range of sectors," he said.

He underlined sectors like agriculture and labour where structural reforms are required.

The current size of the Indian economy is estimated at USD 2.7 trillion. The central government has announced and initiated several steps to make India a USD 5 trillion economy over the next few years.

PHD Chamber of Commerce and Industry (PHDCCI) organised the 'States' Policy Conclave 2019' conceptualised with the mission of empowering states to strengthen India's federal structure of governance and contribute in making India a USD 5 trillion economy.


Rupee edges 4 paise lower to 74.98 against US dollar in early deals
Vodafone Idea shares plunge nearly 8 pc on Q1 loss
Insider trading: Sebi asks Top Class to disgorge Rs 3.77 cr made in Aurobindo Pharma''s scrip
Sugar production to increase to 305 lakh tonnes in marketing year 2020-21: Ind-Ra
SBI SBI Q1 profit surges 81 pc to Rs 4,189 cr
19 income tax return filing deadline extended till Sept 30
Troubles abound, Boeing losses bloom to USD 2.4 billion in 2Q
Ashok Leyland’s latest range, ‘AVTR’, delivered to customers in Goa
Irani asks textiles sector to 'commercialise opportunities'
ICICI Bank Q1 net profit rises 36% to Rs 2,599 crore
Govt's endeavour has been to further simplify Direct Tax laws: Sitharaman
Vistara receives its first Airbus A321neo aircraft
Wipro to launch 5G edge services solutions suite
Rupee surges 15 paise to 74.59 against US dollar in early trade
BAJAJ Rahul Bajaj to step down as Bajaj Finance Chairman
Sebi comes out with guideline to verify upfront collection of margins
Steel Strips Wheels bags fresh orders worth about Rs 11.25 crore
Policybazaar to raise USD 150 million in third quarter
Long-term story of India, 2-wheeler industry remains intact: Hero MotoCorp
JC Penney cuts 1,000 jobs as it closes stores
KERALA NEWS
1298 fresh COVID-19 cases in Kerala, death toll climbs to 97
 Thiruvananthapuram: In the highest single day surge, Kerala reported 1,298 fresh COVID-19 positive c  
Heavy rains pound Kerala''s northern districts; river in spate
Kerala''s infection tally to touch 30,000 milestone soon, death toll touches 94
Heavy rains claims three more lives in Kerala, monsoon toll rises to 31
INTERNATIONAL NEWS
UN reports sharp increase in cybercrime during pandemic
 United Nations, Aug 7 (AP) A 350% increase in phishing websites was reported in the first quarter of
Trump signs executive orders banning Chinese apps TikTok & Wechat
Sri Lanka election: Early results show Rajapaksa clan heading for landslide win
Lebanese Red Cross: Toll from Beirut blast rises to 100 dead
NATIONAL NEWS
Trust for building mosque on five-acre land in Ayodhya in process of setting up office
 Lucknow, Aug 6 (PTI) The Trust constituted by the Uttar Pradesh State Sunni Central Waqf Board to co
Pak shells forward areas in Poonch
Centre releases Rs 890 cr as 2nd tranche of package for COVID-19 health system preparedness
Eight COVID-19 patients killed in fire at Ahmedabad hospital
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