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Reuters
June 28, 2018
India's oil ministry has asked refiners to prepare for a 'drastic reduction or zero' imports of Iranian oil from November, two industry sources said, the first sign that New Delhi is responding to a push by the United States to cut trade ties with Iran.


Team BT
New Delhi, June 26, 2018
The survey said India fared worst on three out of six topic questions. The risk of sexual violence, domestic rape, rape by a stranger, the lack of access to justice in rape cases and harassment against women was highest in India, the survey pointed out.


BusinessToday.In
New Delhi, June 22, 2018
In 1991, India received only $3 billion as remittances. The current numbers are 22 times that of 1991, indicating a staggering increase in money coming back to India.


BusinessToday.In
June 21, 2018
While India could have imposed the retaliatory tariffs on US imports right away, but it is allowing US some time ahead of a trade package negotiation between the two nations.


BusinessToday.In
New Delhi, June 20, 2018
Court summons Chidambaram's wife, son over black money complaintA special court for economic offence cases has summoned former union minister P Chidambaram's wife, son and daughter-in-law to appear on June 25 in connection with the prosecution initiated by the Income Tax Department under the Black Money Act. The special court issued summons to Nalini Chidambaram, Karti Chidambaram and his wife Srinidhi on the basis of a complaint filed by the Income Tax Department over alleged non-disclosure of overseas assets, which is an offence under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act. According to the tax department, the trio failed to disclose a property they jointly own in Cambridge in the UK, worth Rs 5.37 crore. Uber appoints Pradeep Parameswaran as India and South Asia operations headUS-based cab aggregator Uber today said it has elevated Pradeep Parameswaran as President of its India and South Asia operations. He succeeds Amit Jain, who was elevated to the role of Head of Asia Pacific region last month. Parameswaran had joined Uber in January last year and was leading operations for Uber in India and South Asia. He has been associated with companies like Hindustan Lever, McKinsey & Co, and Den Networks. South Asia, including India, is an important market for Uber where it competes with homegrown Ola.Jeff Bezos adds $5 billion to his kitty in less than a month while Amazon employees demand fair wagesIn less than a month, Amazon founder and CEO Jeff Bezos has reportedly added $5 billion to his wealth, taking his net worth to $141.9 billion. According to media reports, he is now $49 billion richer than Microsoft's Bill Gates, who came in second on the latest Forbes World's Billionaires list. But this news of his success comes against the backdrop of disgruntlement among his employees. According to the Daily Mail, last week over 400 employees of the Washington Post signed an open letter to Bezos demanding fair wages and better working conditions. The world's richest man had bought the newspaper for $250 million in 2013.White House: China has 'much more to lose' in trade dispute China has more to lose than the United States in the two nations' burgeoning trade dispute but Washington remains open to dialogue with its largest trading partner, a senior White House advisor has said. Trade brinkmanship between Washington and Beijing continued late yesterday when President Donald Trump threatened to put fresh duties on between USD 200 billion and USD 400 billion in Chinese imports. The possible new duties, which could cover the lion's share of all of China's exports to the United States, were a response to retaliatory Chinese levies on up to USD 50 billion in US goods announced Friday.Bharat 22 ETF further fund offer opens, anchor investors put in bids worth Rs 5,163 croreThe second innings of Bharat-22 ETF, Narendra Modi government's key divestment initiative, started on a strong note on the first day of the further fund offer with anchor investors putting in bids 3.44 times of their allocated portion to the tune of Rs 5,163 crore. The Modi government is eyeing to raise up to Rs 8,400 crore via this ETF issue to attain the ambitious target of raising Rs 72,500 crore through disinvestment in the current fiscal. On Tuesday, the government launched the FFO of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies.


PTI
June 12, 2018



Sumant Banerji
New Delhi, June 11, 2018
India has drawn up ambitious electric mobility plans to reduce pollution and dependence on fossil fuels but the country's electric grid will need a massive overhaul? for the plan to succeed.


BusinessToday.In
New Delhi, June 8, 2018
To accompany PM Modi in the 'unknowns' list' are Japanese Prime Minister Shinzo Abe (64 per cent don't know who is the leader of the world's third largest economy) and Brazilian President Michel Temer (90 per cent).


PTI
June 6, 2018



PTI
June 6, 2018



BusinessToday.in
New Delhi, June 6, 2018
Never have we seen a Head of State doing this in public, but there are exceptions too. Dutch Prime Minister Mark Rutte spilt coffee at the security gate of the Parliament building. What he did after spilling coffee kicked up a storm on the internet. Watch the video to find out what happened.


PTI
May 30, 2018



PTI
May 25, 2018



PTI
May 22, 2018



PTI
May 22, 2018



PTI
May 21, 2018



Anilesh S Mahajan
New Delhi, May 11, 2018
According to some sources, close to the Prime Minister, he avoided meeting the CEO because of the ongoing proceedings against the global retail company in the US. In 2015, the reports suggested that Walmart paid bribes -from $5 to $200, totally millions - to push their goods and real estate permits.


PTI
May 9, 2018



PTI
May 9, 2018



Anilesh S Mahajan
New Delhi, May 9, 2018
In the last two months, India has already started reworking trade policy to fit it into the new trade order. But the current set of sanctions have only increased the headache of the diplomats in New Delhi.


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