Economy

No room for retaliation in Trade War India may be running an annual trade deficit of about US$150 billion, but a much higher level of imports than exports would not provide the country handle to retaliate, should the world witnesses...

34% CAGR growth for B2B commerce transaction Commerce Secretary Rita Teaotia has called for an over-arching national e-commerce policy to tap the huge opportunities in this segment. Teaotia said while the B2C commerce transactions in India were growing rapidly at...

IBBI and RBI to implement Code, 2016 The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI). The MoU was signed by Sudarshan Sen, Executive Director of the RBI...

A lot to learn from US experience of 2007-8 All out efforts must be made by banks, regulators, government and India Inc to limit the collateral damage from the alleged fraud in PNB, said the ASSOCHAM. ASSOCHAM cautioned over-reaction by...

RBL to introduce innovative features Commerce-enabling technology, First Data (NYSE:FDC), will help RBL Bank migrate their credit card customers to its latest proprietary VisionPLUS® software providing end-to-end card processing services for the bank. “We are delighted to form this new...

French technology for Indian Railways President Emannuel Macron and Prime Minister Narendra Modi witnessing exchange of signed agreements. India and France have signed Euro100 million credit facility for "Smart Cities' during during the four-day State Visit of President of France,...

India moves to handle commercial disputes The Union Cabinet has approved the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Bill, 2018 for introduction in the Parliament. With the rapid economic development there has been considerable...

Exhibitors launches dedicated show website To get the right connection in India at DefExpo 2018, those planning to participate show log into the website (http://www.defexpoindia.in/) which provides all necessary information. It has complete registration details whether one is an international...

India companies can network globally through Singapore Singapore is well placed to play a role in India's "Act East" Policy given its geostrateic location at the heart of the Association of South East Asian Nations (ASEAN), a senior minister of...

Credit line underpins defence cooperation PM Modi with Vietnamese PresidentTran Dai Quang. Vietnamese President Tran Dai Quang paid a State Visit to India during 2-4 March 2018, reaffirming stronger bilateral relations. The highlights of the visit included signing of Memoranda...