Wednesday , 14 November 2018
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Business

Gold falls on weak global cues

NEW DELHI: Gold prices fell by Rs 30 to Rs 31,870 per 10 gram at the bullion market Monday, tracking a weak trend overseas amid subdued demand from local jewellers. Please like & share: Read More »

QUICK NOTES

Mega carnival offer at AM Ventures Nissan PANAJI: A ‘Mega Carnival Offer’ is being organised on Nissan and Datsun products at the AM Ventures Nissan showroom from October 4 till October 7. Please like & share: Read More »

Norbert’s fitness studio opens in Canacona

NT Network   Panjim Norbert’s Fitness Studio has now set up base in Canacona. Inaugurated on  September 28 by MLA Isidore Fernandes and chairperson of the Canacona Municipality Chaya Komarpant, the joint venture between Omkar Builders and Norbert’s Fitness Studio spells ‘serious fitness’ and ‘committed lifestyle building’ for Canconkars. Commending Proprietor Norbert D’Souza for his fitness drive and business determination, ... Read More »

RBI maintains status quo, warns volatile oil prices pose risk to inflation

PTI   Mumbai The Reserve Bank Friday unexpectedly maintained status quo on the benchmark interest rate but warned that volatile and rising oil prices, and tightening of global financial conditions pose substantial risks to the growth and inflation. The Reserve Bank of India in its fourth bi-monthly policy this fiscal changed the policy stance to ‘calibrated tightening’ from ‘neutral’, while ... Read More »

ECONOMIC SCAN

KVIC plans to go global Mumbai: The Khadi & Village Industries Commission (KVIC) has started exhibiting its products in major overseas markets.  In the first phase, KVIC organised exhibition in 10 centres on August 15 followed by another 50 centres on the occasion of the Gandhi Jayanti on October 2, 2018.  Now, KVIC plans to exhibit its products across 150 major centres ... Read More »

Several Indian companies barred by World Bank

Lalit K Jha | PTI   WASHINGTON Several Indian companies and some Indians have been barred by the World Bank from its various projects across the globe, the multilateral lending agency said in its first report on its efforts to fight corruption and safeguard donor resources. The World Bank Group Sanctions System Annual Report for the year 2018 said Olive ... Read More »

Arvind Subramanian to spill the beans on ‘Modi-Jaitley Economy’ in new book

IANS   NEW DELHI The government’s former Chief Economic Advisor (CEA), Arvind Subramanian, will open up about his tenure, which saw the controversial demonetisation of high-value currency notes and the introduction of the Goods and Services Tax (GST), in a new book to be out this November. In “Of Counsel: The Challenges of the Modi-Jaitley Economy”, Subramanian will provide an ... Read More »

Rahul says rupee not breaking, is broken

PTI   NEW DELHI As the rupee hit a record low of Rs 73.77 against the US dollar, Congress president Rahul Gandhi on Thursday said the Indian currency is not breaking, but is “broken”. The rupee collapsed to a fresh low of 73.77 against the US dollar on Thursday, as global oil prices continued to rise, deepening concerns about the ... Read More »

Soon, travellers can use facial recognition biometric to enter airports

PTI   NEW DELHI Travellers will soon be able to enter airports in the country with facial recognition biometric under the government’s Digi Yatra initiative. Civil Aviation Minister Suresh Prabhu on Thursday said the initiative would be “forward-looking and futuristic” and would be launched soon. “No way there is going to be intrusion of privacy… This (Digi Yatra) is purely ... Read More »

Need to regulate committee of creditors: NCLAT chairperson

IANS   New Delhi Bankruptcy court NCLAT Chairperson Justice Sudhansu Jyoti Mukhopadhaya on Wednesday said there should be rules “to regulate the conduct of the Committee of Creditors (CoC) and its members”. Mukhopadhaya also stressed on the need for more powers to the Insolvency and Bankruptcy Board of India (IBBI), which regulates the insolvency proceedings. The number of insolvency cases ... Read More »