Economy

Digitization of the procurement portal has eased up the mode of business for the Small and Medium Enterprises (SMEs) and the Public Sector Enterprises (PSEs) resulting in savings about 1% of the Gross Domestic Product (GDP).

HackerOne, the global hacker-powered security leader, said Zomato — a leading Indian restaurant search and discovery service — has boosted security of its web and mobile applications through its bug bounty program on HackerOne.

India is waiting with bated breath for the first listings on its home-grown Real Estate Investment Trusts (REITs). In fact, the first listing will happen within a couple months writes Shobhit Agarwal, MD & CEO - ANAROCK Capital.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has appointed former Ministry of Information and Broadcasting Secretary, Uday Kumar Varma, as Secretary General.

To support communities and families affected by monsoon flooding in Kerala, The Western Union Company (NYSE: WU) and the Western Union Foundation have coordinated response involving the company’s employees, its agents and global non-governmental organizations (NGOs) to provide humanitarian relief...

The time is ripe for BIMSTEC leaders to give unequivocal directives to facilitate conclusion of Free Trade Agreement (FTA) which has been in negotiation phase after its framework agreement was finalized 13 years ago.

Singapore Finance Minister Heng Swee Keat has suggested more support for Indian-Singapore startups and call for an innovation corridor between the two countries.

Indian banks have been mandated to provide a fixed percentage of their lending to the Micro, Small and Medium Enterprises (MSMEs), said Reserve Bank of India’s (RBI) Deputy Governor N S Vishwanathan.

The strong US dollar is expected to further weigh on the Indian Rupee, which hit a low past 70 to the greenback in recent foreign exchange movements (mid-Aug 2018), according to Singapore’s DBS Bank Group.

Mumbai has again missed the Mithi river rejuvenation deadline. River cleanup was supposed to start in June 2018, writes Anuj Puri, Chairman – ANAROCK Property Consultants.