WTO chief warns of economic danger of global trade war
All countries will lose in a global trade war, the head of the world’s trade referee warned in a speech on Wednesday. Under attack from US President Donald Trump, the head of the World Trade Organisation, Roberto Azevedo, acknowledged that reforms are needed, but rejected criticism that trade is the main...
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Mercedes tops vehicle sales satisfaction for luxury brands in India, says study
07 December 2018 | PTI -
Jet Airways seeks $350 mn soft loan from Etihad
07 December 2018 | PTI -
NHPC to acquire 500 MW Lanco Teesta project for Rs 900 cr
07 December 2018 | PTI -
CAIT urges FM to extend last date for GST filing to March 2019
07 December 2018 | PTI -
OPEC looks for ways to reduce oil production to support falling price
07 December 2018 | AP -
5G expected in India by 2022: Trai Secy
07 December 2018 | PTI -
Fitch slashes India growth forecast to 7.2 per cent
07 December 2018 | PTI
Sensex dives 572 pts as Huawei arrest roils global markets
Benchmark Sensex buckled under selling pressure for the third straight day on Thursday, in step with a global sell-off triggered by the arrest of a top executive of Chinese telecom giant Huawei in Canada. Asian markets nosedived after Huawei CFO Meng Wanzhou, who is also the company founder’s daughter, was arrested...
India inks pact with Iran to pay crude bill in rupee
India has signed an agreement with Iran to pay for crude oil it imports from the Persian Gulf nation in rupees, sources in know of the development said. The memorandum of understanding (MoU) was signed following the US letting India and seven other nations to keep buying Iranian oil despite sanctions...
Jet Airways to pay salaries in instalments to senior staff till April
Crisis-hit Jet Airways will pay salaries to its senior staff, including pilots, in instalments till April, sources said. The full service carrier, which has been grappling with financial woes, would give this month 75 per cent of the October salary, of which 25 per cent is expected to be credited on...
Child marriage costs countries billions in lost earnings: World Bank
Respect Ruvimbo Topodzi was 15 and walking home from school in her native Zimbabwe when a 22-year-old man asked her out. She turned him down but it was too late. Her father saw them and assumed they were already together. He told her she had to marry the man and live...
Foundation stone laid for construction of new integrated Terminal building of Vijayawada Airport
The Foundation Stone for the Construction of New Integrated Terminal Building of Vijayawada Airport was laid by the Vice President of India, M Venkaiah Naidu on December 4, 2018. The Ceremony took place in the August presence of Suresh Prabhu, Union Minister of Commerce&Industry andCivil Aviation, Jayant Sinha, Union Minister of...
RBI keeps key rates unchanged
The Reserve Bank of India (RBI) on Wednesday expectedly kept interest rates unchanged but held out a promise to cut them if the upside risks to the inflation do not materialise. It also coaxed banks to lend more in order to support the slowing economy. With all the six member of the...
RBI lowers inflation projection to 2.7-3.2 pc in H2 FY19
The Reserve Bank on Wednesday lowered retail inflation projection in the range of 2.7-3.2 per cent for the second half of the current fiscal, citing normal monsoon and moderate food prices. The broad-based weakening of food prices imparts downward bias to the headline inflation trajectory going forward, the RBI said in...
