Economy
Big boost for start-ups in India! Ecosystem set to improve; know what President Kovind said
Thu, Jun 20, 2019
President Ram Nath Kovind said on Thursday said that the government will take steps to further improve the start-up ecosystem in the country with an aim of having 50,000 such enterprises by 2024.
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Logistics and warehousing sector in India: Check out teh big numbers and cities involved
Thu, Jun 20, 2019
Logistics and warehousing segment of the economy plays a critical role, but it is definitely not one that gets much attention from the public. However, the segment is definitely grabbing the attention of those who are interested in investing.
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Pradhan Mantri Awas Yojana: 2 cr houses to be built in villages in three years, says President
Thu, Jun 20, 2019
President Ram Nath Kovind on Thursday revealed that nearly two crore houses will be built in the villages under the Pradhan Mantri Awas Yojana over the next three years while addressing the joint sitting of both Houses of Parliament.
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Maharashtra Budget presented; In please-all budget, deficit at Rs 20,293 cr
Wed, Jun 19, 2019
Maharashtra Budget: The Chief Minister Devendra Fadnavis led BJP government presented the budget on Tuesday. The state budget had a revenue deficit of Rs 20,293 crore. Notably, last year's shortfall was Rs 14,960 crore.
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Saudi crown prince says to finalise $533 million privatisation deals this year: Asharq al-Awsat
Sun, Jun 16, 2019
Saudi Arabia`s crown prince said on Sunday that the government will finalise privatisation deals worth 2 billion riyals ($533 million) before the end of this year, according to an interview with the Saudi-owned Asharq al-Awsat newspaper.
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US denies Tesla, Uber 25% tariff relief on components, e-bikes
Thu, Jun 13, 2019
The office of the U.S. Trade Representative (USTR) rejected requests to exempt the Model 3 car computer and center screen in May 29 letters, saying they both concern "a product strategically important or related to `Made in China 2025,` or other Chinese industrial programs."
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Turkey, US to discuss S-400 deal at G20 summit: Tayyip Erdogan
Thu, Jun 13, 2019
Turkish President Recep Tayyip Erdogan has said that he would discuss Ankara`s purchase of the Russian S-400 missile defence system with his US counterpart Donald Trump at the upcoming G20 summit in Japan later this month.
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Budget 2019 expectations: From reforms to ease of doing business, Ficci President Sandip Somany highlights key issues
Wed, Jun 12, 2019
After retaining power at the Centre, PM Narendra Modi led government is set to present Union Budget 2019 on July 5 and preparations for the same have begun with Finance Minister Nirmala Sitharaman recently holding a meeting with stakeholders.
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RBI circular a welcome step; provides more freedom to bankers: IBA
Sat, Jun 08, 2019
"Only thing is that now banks have more delegation (power) and there will be board level resolution policy and the discretion on whether you would like to take it (the case) to insolvency and bankruptcy proceedings or like to settle it outside that... (now) that decision is with the banks," he said.
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RBI will not hesitate to take any measure required to maintain financial stability: Shaktikanta Das
Thu, Jun 06, 2019
While addressing a press conference in Mumbai, RBI Governor Shaktikanta Das informed that RBI will not hesitate to take any measure which is required to maintain the financial stability of the system including, shot-term, medium-term and long term. He added, “We have already announced the formation of a separate cadre for regulation and supervision of banks and financial institutions and this is a major decision that has been taken to strengthen our regulations”.
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Incoming Finland prime minister announces spending boost, tax hikes
Mon, Jun 03, 2019
The man set to become Finland`s first left-leaning prime minister in 20 years announced plans on Monday for a big public spending increase on welfare and infrastructure, paid for by tax hikes, sales of state assets and a boost in employment.
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