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Goldman Sachs bankers 'cheated' Malaysia over 1MDB, says Malaysian PM Mahathir Mohamad
Tue, Nov 13, 2018
Goldman`s stock fell to a near two-year low on Monday after Malaysia`s Minister of Finance Lim Guan Eng said his country would seek a "full refund" of the around $600 million in fees the bank earned from raising $6.5 billion for the fund.
AirAsia India flies 87% more passengers in June qtr
Sat, Jul 28, 2018
AirAsia India (AAI) today said it has flown 1.82 million passengers in the April to June period, registering an 82 per cent growth over the year-ago period.
A year into OPEC's production cuts, Asia's oil markets have tightened
Thu, Feb 15, 2018
The main impact of OPEC withholding supplies has been to change the structure of the oil price curve.
Budget 2018: A case study on GST collections
Sun, Jan 28, 2018
If the GST collection rates continue to drop, the government might be prompted to announce additional government borrowing of a similar amount
ASEAN-India: Shared values, common destiny
Fri, Jan 26, 2018
It is a historic milestone in a remarkable journey that has brought India and ASEAN in a deepening partnership of great promise for their 1.9 billion people, about one-fourth of human kind.
Facebook is up and running after hit with outage worldwide
Fri, Jan 26, 2018
Many users of the site took to Twitter to check if the problem was global and also to express their frustration.
Growing middle class, GDP helps India top list of developing countries for retail investment
Mon, Jun 05, 2017
A.T. Kearney’s Global Retail Development Index has named India as the top market for retail investment. The country has managed to gain this position on the back of its growing middle class and GDP. The GRDI ranks the top 30 developing countries for retail investment worldwide.
Bajaj Auto hopes to rev up sales in FY18 after bumpy ride
Sun, May 21, 2017
After a rough ride last fiscal, Bajaj Auto spokesperson has said that the company hopes to improve its sales in fiscal year 2017-18 (FY18) on back of recoveries in both domestic and export markets.
Thai Airways to probe jet engine maker Rolls-Royce corruption
Thu, Jan 19, 2017
Thailand`s flagship airline on Thursday said it had launched a probe into revelations that Rolls-Royce paid millions of dollars in bribes to win contracts, including to airline employees and government officials.
India, others should continue medium-term plans to reduce public debt, deficit: IMF
Tue, Jan 17, 2017
Countries with higher public debt levels like India should continue to implement their medium-term plans to reduce debt and deficits, an IMF official has said.
Indian consumers most optimistic in Asia Pacific: Mastercard
Mon, Jan 16, 2017
Notwithstanding demonetisation, Indian consumers are the most optimistic in the Asia Pacific region and their outlook on economy and stock market showed highest levels of confidence, says a report.
Supreme Court temporarily bars Aircel from selling airwaves
Fri, Jan 06, 2017
The Supreme Court (SC) on Friday halted mobile phone carrier Aircel from selling its airwaves over an ongoing case of alleged corruption, potentially delaying a proposed deal with rival Reliance Communications (RCom).
Australian banks admit to Malaysian ringgit cartel
Fri, Nov 25, 2016
Australian banks ANZ and Macquarie on Friday agreed to pay Australian dollar 15 million (nearly US $11 million) in fines for trying to manipulate the benchmark rate of the Malaysian ringgit.
Indian millennials to focus on tech, human skills rather than analytical ones
Thu, Sep 22, 2016
With all the labels that come with being a ‘millennial,’ like job hopping and ‘the entitled generation,’ Indian millennials seem to be leaning toward developing human skills more than the opinion of their peer’s on futuristic jobs.
AirAsia India's net loss narrows to Rs 21 crore in June quarter
Mon, Aug 29, 2016
AirAsia India saw its net loss narrow to Rs 20.36 crore in the three months ended June amid the no-frills carrier raked in higher revenues during the same period. It had a net loss of little over Rs 44 crore in the 2015 June quarter.
GST regime likely to have minimum impact on CPI inflation: SBI
Fri, Aug 05, 2016
The implementation of the GST Bill in the country is likely to have a minimal impact on the Consumer Price Index-based (CPI) inflation, the State Bank of India (SBI) said in its latest research report.