Economy

DBS sees over 7% growth in FY2019 There are encouraging signs that India’s economic and investment growths have bottomed out and a gradual recovery is underway, said Singapore banking group DBS in its economic report on 12 Jan 2018. Investment...

A new business will be set up in Iowa Tata Consultancy Services (TCS) has bagged a US$2 billion deal from the US insurance group Transamerica, following which TCS will set up new North American insurance hub for business operations in...

Indian buyers allowed to import in Rupees The UK government is doubling national credit support for British businesses exporting to India, Britain's international trade minister, Liam Fox, announced in London, during the visit of Commerce and Industry Minister Suresh Prabhu....

Dr Swamy call "abolish income tax" Indian parliament. Domestic savings and not foreign investment can take Indian economy on a 10% growth path, for which Income Tax must be abolished and interest rates on Fixed Deposits be raised to 9%...

100% FDI in single brand retail and construction The Union Cabinet has approved to a number of amendments in the Foreign Direct Investment (FDI) Policy, liberalizing and simplifying so as to provide ease of doing business in the country. In...

Dynamics to set up card-facility in India IndusInd Bank and Dynamics Inc plans to introduce the first battery-powered, interactive payment cards to the Indian market this year. The new IndusInd Bank card from Dynamics has multiple buttons that let the...

Strategies for district level growth Prabhu holding a Press Conference on the 3rd meeting of Council for Trade Development and Promotion, in New Delhi on 8 Jan 2018. Minister for Commerce & Industry Suresh Prabhu has called upon states to...

CII raises concern that practical and procedural challenges With the National Anti-Profiteering Authority being established, the Confederation of Indian Industry (CII) has called for greater clarity in rules to curb price increase arising from Goods and Services Tax (GST). Practical...

Private Equities want to see competitive NBFCs An ASSOCHAM-PwC joint study has cautioned that non-banking financial companies (NBFCs) in India will have to keep pace with new technologies and changing customer aspirations to attract timely private equity (PE) investments. “NBFCs...

Asean India PBD updated on opportunities Source: gov.sg Indian companies should take advantage of partnering more and more Singapore headquartered multi-nationals to venture into markets of the Association of South East Asian Nations (Asean), a consumer base of 624 million...