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  Business   Economy  11 Aug 2017

Business, Economy, 11 Aug 2017

Non-interoperability of data platforms allows firms to 'dictate terms': Trai chief

Many platforms don't provide necessary API to take away data, as a result of which a platform with critical mass subsumes others.

11 Aug 2017 9:05 PM

India Inc reacts to Economic Survey, says it reflects anxiety, optimism

FICCI said the survey clearly laid out opportunities and risk factors that could have a bearing on the near to medium term growth.

11 Aug 2017 8:38 PM

Indian ships lose share in country's overseas trade: Survey

As on April 30, India had a fleet strength of 1,323 ships, said the report.

11 Aug 2017 8:01 PM

Manoj Sinha says monitoring all mobile phones, Whatsapp not possible

The minister said the interception can be done under the provisions of Indian Telegraph Act and the Department of Telecom.

11 Aug 2017 7:34 PM

Industrial output enters negative zone, contracts 0.1 per cent in June

Factory output, measured in terms of Index of Industrial Production, grew 8 per cent in June 2016.

11 Aug 2017 7:13 PM


Around 81 lakh Aadhaar numbers deactivated till date: Govt

Aadhaar numbers deactivated for reasons stated in Section 27 and 28 of Aadhaar (Enrolment and Update) Regulations, 2016.

11 Aug 2017 6:49 PM

Steel exports double, imports slashed by 1/3rd in 2016-17: Economic Survey

Alloy imports dipped by 36.6 per cent to 7.4 MT in 2016-17 as against 11.7 MT in 2016.

11 Aug 2017 6:39 PM

Govt deregistered over 1.62 lakh companies till July 12

Section 248 provides powers to the Registrar of Companies to remove name of a company from the register on various grounds.

11 Aug 2017 6:04 PM

As of now, there is no last date for linking Aadhaar with PAN: Jaitley

There are over 25 crore PAN card and around 111 crore Aadhaar card holders in country.

11 Aug 2017 5:23 PM

Visa, re-skilling key challenges for IT industry: Eco Survey

The survey said the IT industry is 'feeling the pinch' of the global slowdown and political uncertainties.

11 Aug 2017 5:13 PM


Economic survey flags trade deficit, rising anti-globalisation

India's trade deficit increased by 108.2 per cent with high import growth while export growth was moderate.

11 Aug 2017 5:01 PM

Economic Survey warns against spate of farm loan waivers

The survey said that the short-term consequences of farm loan waivers are likely to be 'quite deflationary'.

11 Aug 2017 4:51 PM

GST won't put any pressure on GDP growth: Rangarajan

Rangarajan said it is necessary for India to grow at 8 to 9 pc annually to reach per capita GDP of USD 8,000 by 2030.

11 Aug 2017 4:46 PM

Economic Survey warns of uncertain fiscal outlook, challenges to GDP

It said inflation is expected to remain below Reserve Bank of India's medium-term target of 4 per cent.

11 Aug 2017 4:22 PM

RBI's key policy rate can come down by 25-75 bps: Economic Survey

Reserve Bank of India cut the policy rate by 50 basis points during 2016-17.

11 Aug 2017 4:09 PM


Inflation to stay below RBI's medium term target of 4 per cent: Survey

Govt presented second or mid-year Economic Survey for 2016-17highlighting newer factors the economy faces.

11 Aug 2017 3:37 PM

Govt has not written off single rupee of corporate loans: Jaitley

Total outstanding gross NPAs of agriculture and allied activities stood at Rs 62,307 crore.

11 Aug 2017 3:14 PM

Genuine case for India's ratings upgrade: Deutsche bank report

India was among the 'fragile five' economies in 2013, but a lot has changed since then, said the report.

11 Aug 2017 3:12 PM

Jaitley ensures speedy action being taken against shell companies

He said the real owners behind such entities need to be identified and steps are being taken under benami and I-T laws for that.

11 Aug 2017 2:42 PM

IMG sees 'green shoots' in telecom sector, policy intervention not required

The inter-ministerial group was constituted to look into the financial stress in telecom sector.

11 Aug 2017 2:10 PM