FM: More reforms to make India better investment destination
The government has taken various steps, including reduction of corporate tax, she said at the India-Sweden Business Summit here. "I only can invite and assure that the government of India is committed for further reforms in various sectors — whether it is banking, mining or insurance and so on," she said.
India’s economic fundamentals are not weakening, they are unexploited: Aaditya Mattoo, World Bank
India can take lead in global trade negotiations to revive multilateralism: World Bank chief economist.
India conducts fresh night trial of Prithvi-2 missile
The flight test of the surface-to-surface missile was carried out barely a fortnight after two back-to-back trials of the Prithvi-2 were conducted successfully at night from the same base on November 20.
India's growth might have reached a trough: Goldman Sachs
“We expect that the slowdown episode that began in January 2018, to end soon, in response to better global growth, easier domestic financial conditions, positive fiscal impulse, some uplift in sentiment, and an easing of supply bottlenecks” said Prachi Mishra, India economist for Goldman Sachs.
India 5th in spam calls, 8th in unwanted SMSes: Report
The menace of spam calls and messages continues to grow in India, according to data released by Truecaller. Monthly traffic of unwanted calls per user rose 15% over the 2018 level to reach an average of 26 calls this year.
Reliance Jio increases tariffs by up to 40%
The Mukesh Ambani-led Jio, which had started a tariff battle in the sector with its entry in 2016, has increased its headline price plans for the first time since its launch. Its two older rivals had raised their prices earlier this week, also by about 40%.
PM Narendra Modi to address Assocham AGM on December 20
The prime minister's address at the industry event - 'New India Aspiring for a USD 5 trillion economy' - follows a debate about the corporate engagement of the government and allegations in some quarters, mainly by opposition parties, that the corporates were afraid to raise their voice and flag their concerns.
RBI revises inflation projection upwards in view of rising food prices
Following the slide in economic growth to 4.5 per cent the last quarter — the worst numbers in more than six and half years — the RBI was expected to further cut policy rates, but ended up holding the repo rate at 5.15 per cent.
Coal India faces CAG heat over Rs 371 crore excess PF deposit
PSU accused of violating law by parking co’s share of leave encashment
Lockheed Martin appoints William Blair as chief executive for India operations
In this role, William Blair will lead the growth and development of the company’s business in India and serve as the executive representative for all the programmes, products and services in the country. He will report to Timothy Cahill, senior vice-president for Lockheed Martin International, and assumes the role from Philip Shaw.
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Vodafone Idea tumbles 9% as Birla warns of shutting shop in absence of govt relief
The stock was trading 8.89 per cent lower at Rs 6.66 apiece on the BSE.
Modi considers easing foreign control rule to aid Air India sale
The govt may tweak "substantial ownership and effective control” clause that's keeping foreign suitors at bay.
No adverse impact of American chickenlegs on domestic industry, FSSAI has no info on impact on human health: Piyush Goyal
“No report of adverse effect on the domestic poultry sector including Namakal district in Tamil Nadu, due to import of chicken legs from the United States to India, has been received in the ministry,” commerce and industry minister Piyush Goyal said in a written reply to a question in Lok Sabha.
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