Business
WTO Talks Collapse, no Agreement on Food Security as US Reneges Commitment
As the US refused to engage, the 164-member World Trade Organisation (WTO) failed to reach a common ground for resolving the food security issue, a demand raised prominently by India.
New MDRs: RBI Says All Stakeholders Consulted
MDR is the rate charged to a merchant by a bank for providing debit and credit card services wherein three key parties - the card issuing bank, the card acquiring bank (which sets up points of sale terminals or swipe machines) and merchants - who share th...
SEBI Uses Social Media to Probe Data Leaks, Says Chairman Ajay Tyagi
Securities and Exchange Board chairman Ajay Tyagi on Tuesday confirmed that the regulator has come to know of instances wherein price-sensitive financial data of reputed companies was leaked to right before the earnings were formally made public.
Stocks Start With Caution, Macro Data Ahead
The 30-share index was lower by 94.02 points, or 0.28 per cent, at 33,361.77. It had gained 858.61 points in the previous three sessions.
India's GDP to Rise 7.2% in 2018, 7.4% in 2019: UN Report
Overall, economic outlook for South Asia is seen largely favourable and steady for the short term, notwithstanding significant medium-term challenges, said the 'World Economic Situation and Prospects 2018' report unveiled by United Nations Department of E...
Load-Shedding To Become Illegal Soon, Says Power Minister
Ministry of power is also looking to remove complete human interface for metering.
Infosys Files Settlement Plea With Sebi on ex-CFO Severance Pay
India's second-largest IT firm Infosys, in a regulatory filing, said the settlement application made to Sebi was neither admission of guilt nor a denial.
In a first for Narendra Modi, Prime Minister Likely to Open FICCI Annual General Meeting
Ficci highlighted that this is for the first time that Prime Minister Narendra Modi will speak at the AGM of a leading industry chamber in the country.
Domestic Airlines to Trim Losses by Upto 90% This Fiscal: Icra
It has to be noted that the loss is primarily on account Air India losses, while all other major airlines are expected to report profits during the fiscal ending March 2018, Icra said.
Fitch Cuts India's FY18 GDP Growth Forecast to 6.7 Per Cent
Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income.
China Airs 'Strong Dissatisfaction' Over US Statement to WTO: Xinhua
The US and the European Union argue that Beijing's pervasive role in the Chinese economy distorts and prevents market determination of domestic prices.
Rupee Drops 24 Paise Vs US Dollar in Early Trade Ahead of GDP Data
Currency dealers said apart from increased month-end demand for the US currency from importers and a lower opening of the domestic equity markets, dollar's gains against other currencies overseas on upbeat US economic growth data weighed on the rupee.
India Moves up One Spot to 68 on Global Entrepreneurship Index
India is in 68th position in the Global Entrepreneurship Index. The USA is in first position in 2018. The list was prepared for 137 countries in the world.
Rupee Sheds 7 Paise Against US Dollar
The benchmark BSE Sensex was trading lower by 85.12 points, or 0.25 per cent, at 33,639.32 in opening deals.
ADB to Extend USD 20 Billion Loan for India Over 5 Years
To accelerate inclusive economic transformation of India, Asian Development Bank (ADB) has decided to provide loans up to USD 4 billion on annual basis including non-sovereign debt during 2018-22, said Kenichi Yokoyama, ADB Country Director in India.
Govt Announces Measures to Boost Garment Exports
In a series of tweets, Union Textiles Minister Smriti Irani said post-GST rates for remission of state levies/taxes and Enhanced Merchandise Exports from India Scheme (MEIS) rates will boost exports of garments and made-ups.