Economy

Market growth: 5.3% in vessels; 4.8% in tonnage Continuing its growth trajectory, Indian Register of Shipping has concluded 2017 on a successful note with increased class fleet, growing global recognition, improved geographical presence and strengthened its capabilities through several new...

IAN's US$70M fund and nurturing for young businesses Indian Angel Network (IAN), one of the world's largest seed and early stage investment groups in the startup eco-system, is to raise US$38 million from India and overseas for its second round...

Industry seen growing at 4.8% CAGR The Direct Selling industry in India has almost doubled since 2011 to reach Rs.126.2 billion in 2016 and is expected to grow at a compounded annual growth rate (CAGR) of about 4.8% to reach...

ASSOCHAM sees more offer of stressed assets In the backdrop of plenty of stressed corporate assets on offer at tempting valuations, India is expected to see mergers and acquisitions (M&A) worth US$50 billion this year, according to an ASSOCHAM Year...

37 reforms undertaken since 2003, notes expert   Rai calls: work on 'Ease of Starting a Business' India needs work on 'Ease of Starting Business', says Vinod Rai, Vinod Rai is Distinguished Visiting Research Fellow at the Institute of South...

Glass top coaches in the making Eleven projects, costing Rs.824.80 crore, have been sanctioned during 2017-18 for improving tourism sector in the country. With these developments, a total number of 67 projects have been sanctioned till date for an amount...

Bid submission 15 Jan 2018     Ayush Ministry is seeking an Asset Valuer to carry out the valuation of the Indian Medicines Pharmaceutical Corporation Ltd (IMPCL) which the Indian government is being put up for sale. "The Government of...

CA urged to help raise tax compliance   The Goods and Services Tax (GST) regime would stabilise in the next 18 months, Niti Aayog vice chairman Rajiv Kumar has assured. “Give us time and you will see that in the...

Committee calls for amendments to rules and regulations A Parliamentary panel has asked the government to take urgent remedial measures to reduce volume of stressed assets among banks and strengthen vigilance mechanism, especially expressing its concern about rising non-performing assets...

Investment expected to stay positive After “disruptions" like lingering demonetisation effect and GST roll-out, the Indian economy may reach a seven per cent growth in 2018 with government policies tilting towards the stress-ridden rural landscape in the penultimate year before...