Read daily news briefs on the economic issues collected from different sources.
According to a report by Finance Ministry, the government is to monetise assets of Rs.1.62 lakh crore in the financial year 2023. The government will cut the borrowing cost and improve its sovereign rating. [BL]
The Prime minister said the new Logistic policy will work towards reducing the cost of logistics in India and will reduce the cost-to-GDP ratio. This will increase the speed of logistic clearance. [BL]
Gautam Adani’s Adani group left the Tata Group behind and became India’s most valued conglomerate. [BS]
Alok Aditya (Junior Research Fellow at ISEC)
Anuradha (Research Assistant at ADRI)
Note: BL – Business Line, BS – Business Standard, FE – Financial Express, ET – Economic Times