Economy - Page 76

Union transport and surface minister and BJP senior leader Nitin Gadkari

From 15L cr highways spend to globalising Khadi; MSME products: Nitin...

Gadkari said his priority will be 'rolling out all stuck highway projects that include many of IL&FS projects within 100...

5 Jun 2019 4:20 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Business

FDI in services sector up 37 per cent in 2018-19

The overall FDI inflows declined for the first time in the last six years in 2018-19, falling 1 per cent to USD 44.37...

5 Jun 2019 2:51 PM IST

The action plan deals with measures to manage the pollution from vehicles, industries and house-hold, majorly involving burning of fossil fuels.

Business

Tripura to provide subsidy on setting up of large industries

Decision to provide subsidies on capital investment for large industries was taken in a ministers meeting recently.

5 Jun 2019 1:54 PM IST

The stance of countrys first family in not listening to SCs order on Rafale deal case petition can be termed as, with due respect, amazing audacity, Defence Minister Nirmala Sitharaman said. (Photo: ANI)

Business

Nirmala Sitharaman to attend G-20 Finance Ministers' meeting in Japan

The G20 meetings provide a forum for key countries in international financial system to discuss major international...

5 Jun 2019 1:39 PM IST

This will work against the Indian IT services sector (H-1B dependent) as the average wage is approximately lower by 25 per cent compared to companies that are not dependent on H-1B visas as per estimates.

Business

India's services sector activity growth slips to 12-month low in May:...

On the prices front, the survey noted that, firms were also helped by a lack of inflationary pressures in the sector.

5 Jun 2019 11:53 AM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

Business

Hiring activity to be positive in 2019-20: Survey

Almost 58 per cent employers have a positive outlook on hiring, while only 10 per cent of employers said layoffs are on...

4 Jun 2019 5:31 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Business

Finmin in 'quarantine' from Monday as Budget-making exercise begins

The Ministry will be out of bounds for visitors and media as it gets down to prepare the Budget for 2019-20 fiscal year.

4 Jun 2019 3:14 PM IST

UPI has been key in steering the entire ecosystem of consumers, payment processors and banks towards digital transformation and it continued its monumental growth in 2019.

Business

China, India pushing fintech adoption growth: EY

82 per cent said they are aware of peer-to-peer payment systems and non-bank money transfers, according to report.

4 Jun 2019 11:40 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Business

RBI may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks' liquidity to ensure they drop their lending rates too.

4 Jun 2019 10:31 AM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

Business

Commerce Ministry to hold meet on Jun 6 to discuss ways to boost...

Board of Trade (BoT) would seek views of all stakeholders on the forthcoming foreign trade policy.

3 Jun 2019 5:48 PM IST

Business

RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

3 Jun 2019 4:26 PM IST

$\The issue of GSP has been done in a little bit of haste...It is certainly going to hurt us, especially small item exporters,\ said CII President Vikram Kirloskar. (Photo: File | Youtube screengrab)$ Business

US decision to withdraw GSP incentives taken in haste, will hurt...

CII President Vikram Kirloskar expressed hope that US and India would find an amicable solution to this issue.

3 Jun 2019 3:50 PM IST