Business Today Podcast: Growth of women-led businesses good for society says Ivanka, Bitcoin soars to all-time high

 BusinessToday.in   New Delhi     Last Updated: November 29, 2017  | 16:25 IST
Business Today Podcast: Growth of women-led businesses good for society says Ivanka, Bitcoin soars to all-time high

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TRAI ensures open internet

India's telecoms regulator has made long-awaited recommendations to ensure an open internet and prevent any discrimination in internet access in the country. After more than a year of debate, the Telecom Regulatory Authority of India (TRAI) has said it opposed any "discriminatory treatment" of data, including blocking, slowing or offering preferential speeds or treatment to any content

Jaitley dismisses rumours of loan waivers

Dismissing rumours of loan waiver for big corporates, Finance Minister Arun Jaitley has said the government has been taking firm action against defaulters. He cleared the air over the allegation of loan waiver to big NPA defaulters, indirectly attacking the previous UPA regime of relaxing norms for defaulted firms between 2008 and 2014. He said the present government had not waived off any loans of big NPA defaulters, and that "rumour mongers" should know that the previous government - rather than taking firm decision against debtors - had relaxed the loan classification norms to keep defaulters as non-NPA account holders.

Growth of women-led businesses good for society: Ivanka

Ivanka Trump, daughter and advisor to US President Donald Trump spoke at the opening of the three-day Global Entrepreneurship Summit in Hyderabad. The summit's theme is "Women First, Prosperity for All," and Trump said the growth of women-led businesses is good for society and the global economy, adding that the  Indian economy could grow by over USD 150 billion in the next three years if it was able to close the labour force gender gap by half.

Paytm's investment plans

Paytm has drawn up an investment plan of Rs 20000 crore as the entity expands its influence into digital payments, financial services and e-commerce. It launched its payments bank yesterday. Paytm had benefited immensely after the demonetisation drive last year and has 28 crore registered users at present.

Retail investors & algorithmic trading

The Securities and Exchange Board of India (Sebi) has plans to introduce rules on the participation of retail investors in algorithmic trading, which uses advanced mathematical models to create trading strategies. The system is used to make decisions in a fraction of a second and has an advantage over manual methods.

Bitcoin soars to all-time high

Virtual currency bitcoin has risen to an all-time high above $10,000  on some smaller exchanges and digital currency indexes.It has soared more than 900 percent so far this year, posting the largest gain of all asset classes, amid increased demand for crypto-currencies as financial and mainstream use has expanded.

Nestle Maggi in a soup again

Favourite Indian noodle brand  Maggi finds itself in a soup again. It has failed a lab test in UP. According to Shahjahanpur district authorities, it had collected the Maggi samples in November 2016 and sent them for a lab test, and found ash content above the permissible limit. The district administration has slapped a fine of  Rs45 lakh on Nestle, Rs15 lakh on its three distributors and Rs11 lakh on its two sellers. Nestle maintains that its a case of application of incorrect standards.

(IIM) Ahmedabad in top 50

The Quacquarelli Symonds (QS) University rankings Business Masters Rankings 2018 are out. While Harvard University holds the number 1 position in the list, the Indian Institute of Management (IIM) Ahmedabad features in the top 50 of the list with IIM Bangalore and IIM Calcutta not far behind.The list covers business schools from over 30 countries with Harvard University leading this year because of its perfect score of 100 as far as employability is concerned

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