"During the COVID period, we responded using financially sustainable measures. In fact, a lot of reforms were carried out under the pandemic stress. There was a lot of creativity which also was implemented on the field at large scale, because of the COVID pressures," S Jaishankar said.
"We are targeting 7 per cent growth this year, but we expect it to improve in the next five years. And definitely, we would stay in 7-9 per cent range at least for a decade and a half," Jaishankar said at the Raisina@Sydney Business Breakfast.
Post the India-UAE trade pact, India's plain gold jewellery exports for the period during the three quarters of 2022-23 (April-December), grew 21 per cent to Rs 24,242.91 crore, The Gem and Jewellery Export Promotion Council (GJEPC) data showed.
Highlighting India's forward strides in the global economy, Australian High Commissioner to India Barry O' Farrell said that there's no country better placed in the world to manage the global crisis in the economy than India regarding New Delhi's G20 Presidency.
As Australian Prime Minister Anthony Albanese is set to arrive in India this March to lock the India-Australia Economic Cooperation and Trade Agreement (ECTA) deal and upgrade the relationship between the two countries, the Australian High Commissioner to India Barry O' Farrell in an inte
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) will benefit Indian exports from preferential duty market access in Australia and will benefit India's labor-intensive sectors such as gems and jewelry, textiles, leather, footwear, furniture, food and agricultural p
The new trade agreement with India will deliver new opportunities for Australian businesses, said Australian Prime Minister Anthony Albanese as he announced his India visit next year in March.
Union commerce minister Piyush Goyal on Thursday said cheaper raw materials from Australia under the trade agreement will make India more competitive globally, besides enabling it to serve its domestic consumers better.
An official statement from the Australian side that the trade agreement underscores the commitment to delivering opportunities to diversify trade that are commercially meaningful for Australian businesses.
The implementation of the Economic Cooperation and Trade Agreement (ECTA) between India and Australia has the potential to double bilateral trade in goods and services to USD 45 billion in the next five years, said the Confederation of Indian Industry (CII).
On the occasion of India assuming the G-20 presidency, Australian envoy to India, Barry O'Farrell congratulated New Delhi and said that Canberra looks forward to working closely with India to achieve shared objectives.