Economy

Trade bodies pen MoUs Presidents Dr Dr Hassan Rouhani of Iran and Ram Nath Kovind of India meeting in New Delhi. India and Iran have signed the following MoUs/Agreement during President Dr Hassan Rouhani state visit 15-17 Feb 2018. 1....

Indian investments heads for Chabahar FTZ Iranian President Dr Hassan Rouhani and PM Modi. One of India's most prominent world scale projects is participation in the development of Iran's Chabahar Port which can start off the International North-South Transport Corridor (INSTC)...

Analysis of UK economy and industries online WNS (Holdings) Limited (NYSE: WNS) has launched a dedicated section on Brexit through DecisionPoint, the company’s thought leadership platform designed to provide organizations with strategic business insights. The new Brexit section outlines the...

MSCI says monitoring developments MSCI Inc. (NYSE: MSCI) is closely monitoring developments related to the concerted announcement by three Indian stock exchanges of imposing anti-competitive measures restricting the accessibility of the Indian equity market. On 15 Feb 2018, New York-based...

Work in progress for 1.8-lakh hotel rooms The government will complete its India Tourism Development Corporation (ITDC)-owned hotel divestment programme in the next six to 12 months, said Minister of State for Culture Dr Mahesh Sharma. “We have already disinvested...

Q1'18 survey: CFO optimistics on fund raising Chief Financial Officers (CFOs) in India are optimistic about the overall financial health of their respective companies, but are undecide on capex due to demonetization. The Dun & Bradstreet surveyed covered financial and...

Goyal says Govt means business Minister of Railways Piyush Goyal said the proposal in the Budget 2018-19 shows sensitivity to the poor and marginalized sections of the society as well as focusses on speed of project execution. The budget seeks...

GST for textile sector corrrected, says Irani Source: Textile Ministry. Skill on making handlooms. Reclassification of micro, small and medium size enterprises (MSMEs) and 5% reduction in tax on annual turnover of companies up to Rs.250 crore will help manufacturing...

Pradhan details UAE energy pacts Abu Dhabi National Oil Company (ADNOC) will invest US$400 million by way of storing crude in an underground rock cavern in Mangalore, Karnataka. ADNOC has signed an agreement with Indian Strategic Petroleum Reserves Ltd (ISPRL)...

Winners to be located in IIM incubator park Brandeis International Business School said five global finalists will be in the inaugural Smart Fifty competition, an entrepreneurial competition looking to identify 50 startup companies from around the globe addressing India's biggest...