Africa sees investment opportunities in Modi’s Make-in-India initiative
‘Africa is now a huge market, which is projected to expand to $1.4 trillion by 2020 from $860 billion in 2008’
Moody’s Analytics cautions against curbing RBI autonomy on policy rates
Moody’s Analytics, an economic research unit of Moody’s Corp, also raised a red flag over the Parliament logjam and said it is denting business confid
Mixed views on move to dilute powers of RBI Governor
“The interest rate decision should lie with the RBI,” says D.K. Joshi, Chief Economist, Crisil.
P-Notes: Arun Jaitley rules out knee-jerk action on SIT views
Finance Ministry will take a view on the SIT suggestions only after consultations with the Securities and Exchange Board of India, the Reserve Bank an
‘Rajan doing Modi’s bidding to keep rupee strong’
Raghuram Rajan is conducting the most intensive exchange rate policy in the past 20 years, says Ajay Shah.
Tax-free bonds for infrastructure, large investors
It is not for the first time that the government is allowing a few companies to raise funds through issuance of tax free bonds. The most recent permi...
Onion prices sharply up in a month
Wholesale onion price at Lasalgoan in Maharashtra, Asia’s biggest market for this kitchen staple, has shot up by 70 per cent in just about a month — ...
‘Next IMF boss to be from outside Europe’
The next managing director of the International Monetary Fund (IMF) is likely to come from outside Europe when current leader Christine Lagarde event...
Unions’ demand for wage hike may not be met
Earlier in July, the Ministry revised the national floor-level daily wage from Rs. 137 to Rs. 160.
Landmark trade pact on slashing tech tariffs
WTO says 49 of its members including the U.S., China and the 28-country EU reached a tentative accord that caps three years of talks.
Cap on premature PF withdrawals likely
The Labour Ministry is all set to cap premature provident fund withdrawal at 75 per cent of total deposits in case an EPFO subscriber goes without a ...
Implementation of strategy key to delivering Digital India: Nasscom chief
The entrepreneurial and innovative ecosystem in India is magnifying the existing strength of the IT sector, said R. Chandrashekhar.
Oil prices slip further on concerns over supply glut
Excess supply is expected to persist with the Iran nuclear deal, which will bring Iran’s oil onto the market in a few months.
Rajya Sabha panel endorses majority provisions of GST Bill
The landmark bill on Goods and Services Tax (GST) on Wednesday won majority support of the Rajya Sabha Select Committee, which endorsed almost all th...
India’s business sentiment to remain subdued during Jul-Sep: D&B
The underlying business sentiment in India during July-September quarter of calender 2015 is likely to remain subdued amid concerns of weak factory d...
China signs 1,401 project contracts under Silk Road initiative
Chinese companies have signed 1,401 project contracts worth USD 37.6 billion in countries along its Silk Road initiative in the first half of this ye...
BRICS bank opens for business in China
The New Development Bank (NDB) floated by the BRICS nations, including India, to step up infrastructure funding in the emerging economies formally st...
The Internet in "Digital India"
Among the initiatives launched with much fanfare by the NDA government is the one titled “Digital India”, which is slated to use high speed internet ...
Hike in import duty on steel upsets EEPC
The current duty drawback is around 1.9 per cent. And, it should be increased by 60 per cent of the import duty hike.