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Niti Kiran
August 17, 2018
Let's look at how the markets performed under Atal Bihari Vajpayee and other former Prime Ministers of India.


BusinessToday.In
August 17, 2018
In the blog, Modi decodes how Vajpayee rescued the economy in the mid 1990s and how he was ahead of his times. PM Modi also talks about Vajpayee's four decades of illustrious leadership and the high standards of debate in Parliament.


BusinessToday.In
August 17, 2018
Former PM Atal Bihari Vajpayee's last rites were performed at Smriti Sthal with full state honour today.


Goutam Das
August 16, 2018
The IT industry was tottering at around $6 billion in 1999-2000. It is more than a $150 billion industry now.


Prosenjit Datta
August 16, 2018
Vajpayee is no more, but no one can doubt his contribution on economic, political and diplomatic fronts.


Nevin John
New Delhi, July 19, 2018
The top industrialists in the country have been quite reluctant in publicly voicing their concerns about the economy in all these years. The scene is changing now.


BusinessToday.In
June 26, 2018
After the inaugural statement, the Prime Minister met several business leaders for a discussion on issues such as economic growth, infrastructure development, policy initiatives, investment, innovation and job creation. AIIB is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond.


Prosenjit Datta
New Delhi, June 25, 2018
CEO compensation debates in India and abroad are always contentious and have grown more contentious over the past couple of decades as better reporting norms of executive pay have come into effect, as have newer ways of compensating CEOs.


Reuters
June 25, 2018
The reserve reduction, the third by the central bank this year, had been widely anticipated by investors amid concerns over market liquidity and a potential economic drag from a trade dispute with the United States.


BusinessToday.In
New Delhi, June 21, 2018
SJM co-convener Ashwani Mahajan, in a tweet further requested Prime Minister Narendra Modi to see to it that the next CEA is one who has \"faith in farmers, workers and entrepreneurs of Bharat and is not on sabbatical.\"


BusinessToday.In
New Delhi, June 19, 2018
ICICI Bank CEO Chanda Kochhar to be on leave till probe is over, Sandeep Bakhshi named COOThe ICICI Bank's Board of Directors has said that Chanda Kochhar, MD and CEO of ICICI Bank, will be on leave till the ongoing independent enquiry against her is completed. In its meeting, the Board also appointed Sandeep Bakhshi as the Whole Time Director and Chief Operating Officer (COO) designate. He will report to the ICICI Bank CEO. In its regulatory filing, ICICI Bank has also established that Kochhar will continue to hold the position of chief executive in the organisation. Bakhshi's tenure will be for a period of five years and his appointment is subject to regulatory approval. He will assume office on June 19, 2018, or on the date of regulatory and other approvals, whichever is later.Arun Jaitley predicts a brighter future, more jobs in detailed Facebook postHe may be on sick leave and unable to attend office but that has not stopped Union Minister Arun Jaitley from actively batting for the government on the social media. He took his latest pot-shot at the opposition earlier today, tweeting that \"The economy & the markets reward structural reforms, fiscal prudence, and macro-economic stability. They punish fiscal indiscipline and irresponsibility. The transformation from UPA's 'policy paralysis' to the NDA's 'fastest growing economy', conclusively demonstrates this.\" Jaitley's post focuses on booming sectors instead. \"An analysis of the data released clearly shows that the construction sector is expanding by double digits. It is a job creating sector. Investment is increasing. Domestic investment is also increasing. The FDI is at an unprecedented level,\" he said, adding that the manufacturing sector is also expanding. That apart, the government had increased expenditure on infrastructure creation and rural projects.Vijay Mallya first person to be booked under new Anti-Financial Fraud LawThe Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Breweries Holdings Ltd) and Vijay Mallya under the new law. The Fugitive Economic Offenders Ordinance, 2018 aims to deter economic offenders from evading the law by remaining outside the jurisdiction of Indian courts.Central Water Commission to use Google technology to forecast floods  The Central Water Commission (CWC) has entered into an agreement with Google to improve flood forecast systems and disseminate flood-related information by using technology developed by the tech giant. \"The initiative is likely to help crisis management agencies to deal with extreme hydrological events in a better manner. Under this agreement, the CWC and Google will share technical expertise in various fields, including geospatial mapping and analysis of hydrological observation data,\" the Water Resources Ministry said.The CWC, which is an apex technical organisation in the field of water resources, will use Google technology to improve flood prediction systems and will also use tech giant's earth engine to visualise and improve flood management.Tata Nano to get another lease of life with new electric motor; Ola among first buyersThe Tata Nano is all set to come in a new avatar, the all-new Jayem Neo EV. Not only that, the new Nano will also be incorporated in the cab service company Ola, where 400 units of the new car will initially be supplied. Jayem Automotive, an engineering company has supplied parts to Tata Motors for a very long time. Tata Motors announced a joint venture with Jayem Automotives Pvt. Ltd. to develop special performance vehicles. Jayem Automotives will now source the body shell and cycle parts from Tata Motors and assemble the Neo Electric in Coimbatore.Ayushman Bharat: Only half the states ready to launch scheme on August 15On August 15, when Prime Minister Narendra Modi will launch the Ayushman Bharat National Health Protection Mission (AB-NHPM), almost half of the states would not be part of it. Only 12-15 states will launch the scheme that day as the others are not prepared to roll it out on time. States like UP, Bihar, Assam and West Bengal may take up another 6 months or longer to launch Ayushman Bharat. Announced in the 2018 Budget, the AB-NHPM was touted as the 'world's largest government funded health care programme'


BusinessToday.In
New Delhi, June 18, 2018
According to Jaitley, the 7.7 per cent economic growth in the fourth quarter of 2017-18 'firmly' established India as the fastest growing major economy in the world and the trend is \"likely to continue for the next few years\".


PTI
June 17, 2018
Pressure has been mounting on the government to cut excise duty on petrol and diesel to bring down their prices which have gone up following a spike in crude prices in the international market.


Aseem Thapliyal
June 1, 2018
The stock market also faces key elections in BJP-ruled Chhattisgarh, Madhya Pradesh, Rajasthan, and Mizoram in second half of this year which will set the direction for general election next year.


PTI
May 31, 2018



D.K. Joshi
New Delhi, May 28, 2018
A significant rise in private investments and constant reforms are needed to accelerate India's growth story.


BusinessToday.in
New Delhi, May 18, 2018
Trump attacks China over US trade deficit  US President Donald Trump today hit out at China for \"fleecing\" his country with hundreds of billions of dollars every year, even as high-level delegations from the two countries were holding intense negotiations in Washington over a series of trade disputes between them.\"China has taken our hundreds of billions of dollars a year from the United States. And I explained to (Chinese) President Xi (Jinping), we can't do that anymore, we just can't do that anymore. It's a much different situation,\" Trump told reporters at the White House. \"But with all the years and all the years that you covered trade and nations and wars and everything else, you've never seen people come over from China to work on a trade deal. Now, will that be successful? I tend to doubt it,\" he said. The reason, he said, he doubts it is because China has become \"very spoiled\".Japan's Softbank can't seem to get enough of Indian startups; in talks to invest in ZomatoBack in October 2014, eyebrows were raised when the founder and Chief Executive Officer of SoftBank Group Masayoshi Son committed to investing $10 billion in India within a decade. He has since walked the talk - investing in Ola, Flipkart, Paytm, OYO, as well as Snapdeal and Housing.com - and has reportedly already crossed the $8 billion mark. And now, even as the Japanese conglomerate mulls over the big question of whether to exit Flipkart or not, it is busy sniffing around a whole new pie: India's booming food tech space. According to The Economic Times, the Japanese conglomerate held an exploratory discussion with Zomato earlier this week regarding a possible investment.India to be among fastest adopters of AI based services: COAIIndia will be one of the early adopters of artificial intelligence (AI) based services,  Telecom industry body COAI has said . AI is a crucial enabler for achieving the national goals in the areas of healthcare, education and capacity building, COAI Director General Rajan S Mathews said in a statement. \"With a positive ecosystem, driven by better connectivity and a financially robust sectoral health, AI will unveil possibilities hitherto unparalleled,\" he said on the occasion of World Telecom and Information Society Day. The recently released draft of the new telecom policy, branded as National Digital Communications Policy (NDCP) - 2018 , has also proposed provisions to encourage AI.Goyal promises help to 11 PSBs under RBI watch list  Finance Minister Piyush Goyal today promised all possible help to strengthen the 11 public sector banks placed under the 'Prompt Corrective Action' framework by the RBI to check their deteriorating financial health.Under the PCA, banks face restrictions on distributing dividends and remitting profits. The owner may be asked to infuse capital into the lender. Besides, the lenders are stopped from expanding their branch networks and need to maintain higher provisions. Management compensation and directors' fees are also capped. Goyal, who was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers after undergoing a kidney transplant, met heads of 11 public sector banks.Indian economy projected to grow 7.6 pc in 2018-19: UN  According to a UN report, India's economy is projected to grow 7.6 per cent in fiscal year 2018-19, remaining the fastest growing economy in the world, as robust private consumption and benefits from past reforms help the country's GDP gain momentum. But sustained recovery in private investment remains a crucial challenge. The UN World Economic Situation and Prospects (WESP) as of mid-2018, said GDP growth in India is expected to climb to 7.5 and 7.6 per cent in fiscal years 2017-18 and 2018-19 respectively. This is a substantial recovery from the 6.7 per cent growth India registered in fiscal year 2017.Walmart online sales surge, earnings beat expectationsUS retail giant Walmart saw quarterly profits take a hit but earnings beat analysts' expectations and total sales rose amid the growth of its online business, the company has said. Net income was down USD 905 million from the same period last year to $2.134 billion. But the key earnings per share measure was $1.14, two cents higher than expected. And net sales, at $121.6 billion, were up 4.4 percent over the same period last year -- more than $1 billion higher than expectations. Walmart, which is trying to compete with online giant Amazon, saw US comparable store sales rise 2.1 percent and customer traffic increase 0.8 percent, although the unseasonably cold weather hurt sales in the United States.


PTI
May 14, 2018



PTI
May 14, 2018



PTI
May 10, 2018



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