According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,505 projects, 386 reported cost overruns and as many as 661 projects were delayed.

Ahead of the India Ideas Summit in New Delhi on September 6 and 7, Keshap, who is headed to India along with top board members of the USIBC and leadership of the US Chambers of Commerce, said that he sees a very bright future for the US-India ties.

Russia and Ukraine are the major exporters of wheat, accounting for around one-fourth of the global wheat trade. The war between the two countries has led to global wheat supply chain disruptions, thus increasing the demand for Indian wheat. As a result, the price of wheat in the domestic market has shown an increase.

“We see digital payments as a public good. People should be able to access these facilities freely, so that the digitisation of the Indian economy becomes attractive to them. We intend to achieve a higher level of transparency through digitisation. Therefore, we do think it’s not yet time for charging for UPI services,” she said.

The traders can prepare products that are suitable to the big firms and it would increase chances for getting orders, Gupta said at a seminar in Bhubaneswar on public procurement policy for the MSMEs and the role of the CPSUs.

Speaking to PTI, Bhargava said," I believe that India Japan partnership, which we have seen in Maruti Suzuki and some other areas, is becoming stronger, and more and more Japanese companies are getting interested in investing in India, partnering with Indian companies."

She also called for a debate on freebies. "The debate is not about what constitutes a freebie, but if you have given a promise, provision for it," she added.

A majority of Indian states have budgeted to meet the fiscal deficit target of 3.61 per cent from 3.71 per cent in FY22 revised estimates (RE), as per a report from Bank of Baroda.