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This sector can create over 2.5 lakh jobs, ball in Modi govt court

This sector can create over 2.5 lakh jobs, ball in Modi govt court

Wed, Nov 14, 2018

With the cruise tourism beginning to pick up in the country, the India Cruise Lines Association (InCLA) has approached the Prime Minister’s Office (PMO) seeking certain relaxations including capital subsidy, single window for clearances, tax holidays to develop cruise terminals in more cities, among others.

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Jobs is the answer for India, but where will they come from? Solution here

Jobs is the answer for India, but where will they come from? Solution here

Tue, Nov 13, 2018

According to Care Ratings, corporate sector showed lower growth of 3.8% in job creation in FY18 compared to 4.2% in FY17. Here is why government needs to create more informal jobs.     

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UBS sees sharp dip in GDP print in H2,full-year growht at 7.3%

UBS sees sharp dip in GDP print in H2,full-year growht at 7.3%

Tue, Nov 13, 2018

Swiss brokerage UBS cut the country's growth estimate to 7.3 percent from the earlier 7.5 percent, citing a likely deceleration in the second half of the fiscal due to global headwinds and the rising oil prices. 

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On Iran ban, this is how India could assert its sovereignty without miffing US

On Iran ban, this is how India could assert its sovereignty without miffing US

Mon, Nov 12, 2018

Most experts say a law like the EU Blocking Statute, which protects individuals and companies of EU member states from the “extra-territorial” US sanctions, holds more merit than a waiver.

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US exempts India from certain sanctions for development of strategic Chabahar Port in Iran

US exempts India from certain sanctions for development of strategic Chabahar Port in Iran

Wed, Nov 07, 2018

The United States has exempted India from imposition of certain sanctions for the development of the strategically-located Chabahar Port in Iran, along with the construction of the railway line connecting it with Afghanistan, a State Department spokesperson said. 

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Moody's: India to see tightened monetary policy

Moody's: India to see tightened monetary policy

Tue, Nov 06, 2018

Moody's Investors Service Tuesday said larger emerging markets like India are expected to continue to tighten their monetary policies next year.

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IT, infrastructure sectors key to India's growth: Report

IT, infrastructure sectors key to India's growth: Report

Sat, Nov 03, 2018

India's information technology and infrastructure sectors will be central to its journey of becoming a USD 10-trillion economy by 2030, according to a new report released in London. 

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After US allows waiver for India on Iran oil, Dharmendra Pradhan hails PM Modi

After US allows waiver for India on Iran oil, Dharmendra Pradhan hails PM Modi

Sat, Nov 03, 2018

India and other leading oil buyers will benefit from the waiver the United States has granted them from Iran sanctions, the oil minister Dharmendra Pradhan said on Saturday.

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India at G-20 summit: As trade war threatens to derail global growth, this is what Centre is targetting

India at G-20 summit: As trade war threatens to derail global growth, this is what Centre is targetting

Fri, Nov 02, 2018

The 13th annual summit of Group of 20 (G-20) in Argentina capital Buenos Aires, to be held in November end, is important for emerging economies like India as it comes at a time when trade war is threatening to derail global growth and the imbalance arising in the world economic order.

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Core sector growth slows down to 4-month low of 4.3pc in Sept

Core sector growth slows down to 4-month low of 4.3pc in Sept

Wed, Oct 31, 2018

Growth of eight infrastructure sectors slowed down to 4.3 per cent in September, the lowest in the last four months, as production of crude oil and natural gas declined. 

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India Inc's investment in overseas ventures drop 47% to $ 1.54 bn in Sep

India Inc's investment in overseas ventures drop 47% to $ 1.54 bn in Sep

Mon, Oct 29, 2018

Indian companies' investment in their overseas ventures fell by 47 per cent to USD 1.54 billion in September 2018, Reserve Bank data showed.

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Indo-Canadians pledge $7mn to build hostels for poor children in India

Indo-Canadians pledge $7mn to build hostels for poor children in India

Sun, Oct 28, 2018

Indo-Canadian expatriates have donated more than $7 million dollars to a Toronto-based non-profit organisation which builds and runs education hostels in rural India.

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India, US talks ongoing to resolve trade issues: Prabhu

India, US talks ongoing to resolve trade issues: Prabhu

Sun, Oct 28, 2018

Commerce and Industry Minister Suresh Prabhu has said India and the US have exchanged offers for a possible trade deal with a view to resolving issues related to bilateral commerce.

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WTO sets up dispute panel on India-US case on export subsidies

WTO sets up dispute panel on India-US case on export subsidies

Sun, Oct 28, 2018

The World Trade Organisation's dispute settlement body has set up a panel to examine the US complaint against certain export-subsidy measures by India as both the sides failed to resolve the issue at consultation level, an official said.

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Good news for farmers! How India can more than double horticulture produce

Good news for farmers! How India can more than double horticulture produce

Thu, Oct 25, 2018

If a small country like Israel can feed the entire world, India, now among the top producers in fruits and vegetables, can more than double its horticulture produce by adopting drip irrigation extensively in the country.

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Hyundai launches Santro 2018 in new avatar, price starts at Rs 3.9 lac

Hyundai launches Santro 2018 in new avatar, price starts at Rs 3.9 lac

Tue, Oct 23, 2018

South Korean auto major Hyundai on Tuesday launched its once popular hatchback, Santro, in a new avatar in India. Bollywood star Shah Rukh unveiled the all new Santro in New Delhi.

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As India cracks down against them, US companies run to US President Donald Trump, plead for relief

As India cracks down against them, US companies run to US President Donald Trump, plead for relief

Mon, Oct 15, 2018

RBI, in a circular, stated that all financial system providers will have to ensure that the entire data relating to payments operated by them are stored in India only.   

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India Inc Q2 earnings: As rupee weighs, Banks, FMCG, NBFCs set to bring succour

India Inc Q2 earnings: As rupee weighs, Banks, FMCG, NBFCs set to bring succour

Wed, Oct 10, 2018

Information technology, commodities  and  retail banks would drive profits in  July-September  quarter of this fiscal while the overall earnings of the corporate sector will remain tepid, according to stock brokerages. 

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How to get rich in India: 5 steps to great returns!

How to get rich in India: 5 steps to great returns!

Mon, Oct 08, 2018

How to get rich in India is everyone's dream. It has been achieved by some people, while a lot of others have lost their shirt in trying to become wealthy. Why? Because the quicker you want to become rich, the more risk you take and the chances of losing money increases that much more.

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Huge opportunities for Russian startups in India: DIPP Secretary

Huge opportunities for Russian startups in India: DIPP Secretary

Sat, Oct 06, 2018

The government is taking several steps to strengthen the ecosystem for budding entrepreneurs and there are huge opportunities that exist in India for Russian startups, a top official said Friday.

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