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BusinessToday.In
New Delhi, November 14, 2019
BRICS Business Forum: 'India world's most open, investment friendly economy,' says PM Modi at summitIndia is the world's most \"open and investment friendly\" economy, Prime Minister Narendra Modi said in Brasalia on Thursday as he wooed the BRICS business leaders, urging them to invest in the country and take advantage of its \"limitless\" possibilities and \"countless\" opportunities. Addressing the closing ceremony of the BRICS Business Forum, prime minister Modi said the group...


BusinessToday.In
New Delhi, November 12, 2019
The SBI report has also cut GDP forecast for FY20 to 5 per cent from 6.1 per cent earlier, but expects growth rate to pick up pace in FY21 to 6.2 per cent


BusinessToday.In
New Delhi, November 11, 2019
US court retains work permits for H-1B visa holders' spousesIn a temporary respite to Indians living in America, the proposed work ban on spouses and relatives of H-1B visa holders will not be enforced for the time being. A US court has refuse to reverse, for now, a 2015 rule issued by former (US) President Barack Obama that permits spouses of H-1B visa holders to work in America.Saudi Aramco IPO to begin on Nov 17; prospectus flags terrorism, antitrust law as risksSaudi state oil...


Reuters
BENGALURU, November 7, 2019
After falling nearly 9% in 2018, the Indian currency has shed another 4% this year to touch a 2019 trough of 72.40 per dollar on Sept 3


PTI
New Delhi, November 7, 2019
India is somewhat lacking in a programme on G20 data initiative on fiscal transparency where comparative countries have all made greater progress, says IMF Deputy Director Anne-Mary Gulde


PTI
November 4, 2019



BusinessToday.In
New Delhi, November 4, 2019
McDonald's dismisses CEO over consensual relationship with employeeMcDonald's Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday. The board found that Easterbrook, 52, who had led McDonald's since 2015, had \"demonstrated poor judgment\" involving the relationship, McDonald's said in a news release. Easterbrook relinquished his seat on the co...


BusinessToday.In
New Delhi, November 4, 2019
WhatsApp Payments' launch has been delayed owing to data compliance concerns and regulatory norms even though it has for long been in the process of testing the payments service in India


PB Jayakumar
New Delhi, November 3, 2019
As per the World Gold Council's data, India has 618.2 tonnes of gold as holdings, which is 6.9 per cent of the share held in gold in total foreign reserves


BusinessToday.In
New Delhi, November 2, 2019
Catch top stories today from the world of business and economy with BusinessToday.In end of day (EOD) report


Prasanna Mohanty
November 1, 2019
Remarkable improvements in social and economic status of the rural poor in the past few years have put the country on a higher growth trajectory and ensured that growth does not breed inequality


BusinessToday.In
New Delhi, November 1, 2019
Net collection of both direct and indirect taxes has seen a significant decline; lower tax collection means the Centre may fail to meet its fiscal deficit target of 3.3 per cent of the GDP 


BusinessToday.In
New Delhi, October 31, 2019
Job growth improves in May-August; low-skilled jobs dominate: CMIEDespite ongoing economic slowdown, India's employment figures have remained steady during recent months. Employment in India increased by 25 lakh from May to September 2019, according to a Centre for Monitoring Indian Economy (CMIE) survey. As per CMIE data, an estimated 40.49 crore persons were employed in India during May-August 2019, compared to 40.24 crore people employed during these months a year-ago. This tra...


Reuters
Washington, October 31, 2019
'We took this step to help keep the economy strong in the face of global developments and to provide some insurance against ongoing risks,' said Fed Chair Jerome Powel.


Joe C Mathew
New Delhi, October 30, 2019
Why India dithers on the mega trade deal


Manu Kaushik
New Delhi, October 30, 2019
Even though Gangwal stands on thin ice if the powers entrusted in the shareholders' agreement are considered; Bhatia has much more to lose if this matter escalates further


Prasanna Mohanty
New Delhi, October 30, 2019
Much like China and other Asian giants - but unlike India - Bangladesh has achieved structural transformation with manufacturing and exports driving its growth in output (GDP) and employment


BusinessToday.In
October 28, 2019
The National Payments Corporation of India (NPCI) which launched the domestic payments platform three years ago and operates it as well aims to take the fund transfer system to other countries such as Singapore and the United Arab Emirates (UAE).


Joe C Mathew
New Delhi, October 27, 2019
Innovations in financial sector and openness and improvements in governance structures can help India achieve Prime Minister Narendra Modi's goal of $5 trllion economy target, says David Malpass, president, World Bank Group


PTI
New Delhi, October 27, 2019
FPIs have been net buyers for the second consecutive month. In September, FPIs invested a net Rs 6,557.8 crore in the domestic capital markets (both equity and debt).


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