Oct 24, 2019
New Delhi: India has further improved its ease of doing business ranking, jumping 14 places to rank 63. The country also figured among the the top 10 performers on the list for the third time in a row.
“India has jumped from 77th to 63rd rank in the Ease of Doing Business Rankings released just now by the World Bank,” Commerce Minister Piyush Goyal tweeted.
“Congratulations to PM @NarendraModiji for the path breaking improvements in India’s business environment for nation’s prosperity and job creation,” he said.
India was ranked 142nd among 190 nations when Prime Minister Narendra Modi took office in 2014.
Last year, India jumped 23 places to the 77th position on the back of reforms related to insolvency, taxation and other areas. IANS
Related News
Won’t divest stake in TikTok: Chinese parent ByteDance tells US
New Delhi: China-based internet giant ByteDance on Friday said it will not sell its stake in TikTok as directed by the US government in a new bill passed by President...
Blinkit now more valuable that Zomato’s core food business: Report
New Delhi: Zomato’s quick delivery service, Blinkit, has become more valuable than its core food delivery business, according to a new Goldman Sachs report. While Zomato’s food delivery business is...
Snapchat reaches 422 million daily active users globally
New Delhi: Social media platform Snapchat reached 422 million daily active users in the first quarter (Q1) this year, an increase of 39 million or 10 per cent (year-on-year). In...
Kotak Bank goes into damage-control mode after RBI ban
Mumbai: The top management of Kotak Mahindra Bank has gone into damage-control mode after RBI barred the lender on Wednesday from taking new customers online and issuing fresh credit cards...
RBI crackdown triggers crash in Kotak Bank shares
Mumbai: Shares of Kotak Mahindra Bank crashed by as much as 12 per cent in morning trade on Thursday to Rs 1,620 on BSE as investors dumped the stock following...
Audi hikes prices by up to 2 pc across its model range in India
New Delhi: German luxury car manufacturer Audi on Thursday announced a price hike of up to two per cent across its model range in India owing to rising input and...
Musk’s X takes on YouTube, to launch dedicated TV app for videos soon
New Delhi: Taking on Google-owned YouTube, X social media platform will soon launch a dedicated TV app for users to upload high-quality videos, its CEO Linda Yaccarino has announced. The...
TikTok faces nationwide ban in US as Biden prepares to sign ‘historic’ bill
Washington: US President Joe Biden is set to sign a historic bill regarding a huge foreign aid package on Wednesday, that will also ban TikTok in the country if its...
It is time to reorganise Tesla, says Musk as company logs slow growth
New Delhi: Elon Musk on Wednesday said it is time to “reorganise” Tesla as the electric car company registered $1.1 billion in net income and $21 billion in revenue, down...
Internet subscribers reach 936.16 million in India, telephone subscribers cross 1.19 billion: TRAI
New Delhi: The number of Internet subscribers reached 936.16 million at the end of December 2023, registering a quarterly rate of growth 1.96 per cent from 918.19 million at the...
India’s 1st bullet train set to run in 2026: Railways Minister
New Delhi: Significant progress has been made in the construction of various stations for India’s first bullet train and we are geared up to run the first train in one...
Hopes of normal monsoon boosts market sentiment
New Delhi: Nifty made strong gains on Monday as the market sentiment was boosted by hopes of a normal monsoon and better-than-expected direct tax collections. Nifty opened higher and maintained...