Monday , 20 May 2019


Mukesh Ambani breaking all barriers to connect next billion

New Delhi: As Asia gears up for the next wave of digital transformation to connect the next billion people online, infrastructural and affordability barriers are being broken in India by Reliance Industries chairman and managing director Mukesh Ambani and his initiatives, a new survey said on Friday. According to the survey by Booking Holdings, the world’s leader in online travel, ... Read More »

‘Extent of overestimation of GDP in all likelihood marginal’

New Delhi: Amid concerns raised over growth numbers in the wake of an NSSO report, the finance ministry Friday said the extent of overestimation of GDP “in all likelihood is marginal” as the proportion of closed and non-traceable enterprises in the corporate affairs ministry’s database is falling. The statement comes against the backdrop of a Technical Report of Services Sector ... Read More »

India committed to build cooperative relationship with Vietnam: Naidu

Hanoi: India is committed to building its cooperative relationship with Vietnam in diverse fields, Vice President Venkaiah Naidu said Thursday, pointing that agricultural growth has been a key driver in the remarkable progress achieved by the South East Asian country. In his first engagement after arriving here on a four-day visit, Naidu addressed the Indian community in the country, highlighting ... Read More »

‘Corp Affairs Min database fairly reliable, not a black box’

New Delhi: The corporate affairs ministry maintains a fairly reliable database that is not a “black box”, a senior official said Thursday and emphasised that it is up to statistical authorities to decide on which data is representative for GDP calculation. Against the backdrop of concerns over data used for calculating GDP numbers, Corporate Affairs Secretary Injeti Srinivas asserted that ... Read More »

Five lakh sellers register with Snapdeal across country: Rajnish

Hyderabad: Snapdeal, India’s leading value-focused e-commerce platform, is making rapid progress in its mission of taking India’s bazaars online and currently has more than five lakh registered sellers from across the country, said Rajnish Wahi, senior vice-president ,corporate affairs and communications, Snapdeal here on Thursday. Addressing at a press conference, Wahi said “In India, 10 per cent of the retail ... Read More »

Farmers income cut by half in Modi regime: Priyanka

Pratapgarh: Congress general secretary of Uttar Pradesh (East) Priyanka Gandhi Vadra has alleged that during the past five years of the Narendra Modi regime, the income of the farmers has reduced by half while 5 crore jobs have been lost.  “The Modi government has done nothing for the people but was claiming big things during the election by high profile ... Read More »

RBI’s surplus transfer to Centre to be discussed

New Delhi: The 15th Finance Commission will meet the RBI Governor, banks and financial institutions in a two-day meet in Mumbai, from Wednesday to discuss the transfer of central bank’s surplus capital to the government, among other issues. Read More »

British entrepreneur takes up offer to buy stake in Jet Airways with lenders

NEW DELHI: In an exchange filing, Jet Airways confirmed that it received an unsolicited communication for stake sale and the sender has bee advised to formally engaged with SBI Caps, which is heading the bidding process for the same Read More »

Samsung leads India’s premium smartphone market in Q1

New Delhi: Riding on the success of its Galaxy S10 series, Samsung India saw a massive jump in the premium smartphone segment in the first quarter of 2019, clocking 68.9 per cent market share (by volume) and 65.9 per cent (by value), a top company executive said on Monday. Read More »

US to make 30,000 more visas available for seasonal workers

Washington: The Trump administration plans to allow 30,000 more foreign workers temporarily into the United States for seasonal work through the end of September, a move that reflects how the booming economy has complicated President Donald Trump’s efforts to restrict legal immigration. Read More »