Monday , 25 June 2018
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Flipkart, ASUS to launch consumer-oriented products

IANS NEW DELHI E-commerce player giant Flipkart and Taiwanese electronics company ASUS on Tuesday announced a long-term partnership under which Flipkart will become ASUS› premier partner and seller for smartphones that have been customised to address Indian customers› needs. On the marketing front, both companies would extensively support each other in the planning and execution of marketing activities for ASUS ... Read More »

Rising Oil Prices Will Hit Indian Economy

Dr D M Deshpande The international prices of crude oil have risen in the recent months; since March, prices have stayed firm, at around $70 per barrel. Petroleum is a highly volatile and globally traded commodity and it is extremely difficult to predict it’s price behaviour. Nonetheless, it is possible to ascribe certain principle reasons for it’s buoyancy of late. ... Read More »

PNB scam, fiscal slippage dent business optimism in June quarter

PTI   MUMBAI The Rs 13,000-crore PNB scam and fiscal slippage are among factors that have led to a sharp decline in business optimism for the June quarter, a report said on Monday. The optimism was rising in the September quarter of last year and hit a peak of 91 per cent for the first quarter of 2018, information services ... Read More »

UCO Bank’s shares slip to 12-yr low on loan fraud claims

IANS   MUMBAI Shares of public-sector lender UCO Bank on Monday plunged to almost 12-year low on the stock exchanges following the ongoing probe into an alleged Rs 737 crore loan fraud case. During the day›s trade, shares of the bank on the BSE slipped by 14.32 per cent to hit a new 52-week low of Rs 19.15 per share ... Read More »

Odisha to roll out defence manufacturing policy

IANS   BHUBANESWAR Odisha is planning to roll out a defence manufacturing policy in the next three months, an official said on Monday. We see immense potential for defence and aerospace manufacturing. In fact, we are planning to come up with the defence manufacturing policy in the next three months,” the Department of Industries’ Principal Secretary Sanjeev Chopra said. Odisha ... Read More »

ECONOMIC SCAN

Goa Shopping Festival underway in Margao PANAJI:  The Goa Shopping Festival is underway at SGPDA ground Margao.  There are around 160 stalls and lot of exclusive offers on Mahindra Electric Car, Home, Office , Dinning Tables, varieties of Sofa sets from Smith Furniture, Poonam Furniture, imported sofa sets, exclusive Lotus Imported Artifacts, Hitachi Air Conditioner, Money counting machine, Italian blanket, ... Read More »

India should take steps to ensure privacy of biometric info: IMF

Lalit K Jha | PTI WASHINGTON The IMF has said India should take necessary measures to ensure privacy and security controls while implementing large identification programmes like the Aadhaar, as the global financial body identified India as a leader in the biometric identification system. The International Monetary Fund in its fiscal monitor report on digital government said digitalisation can facilitate ... Read More »

Only 1.2% firms true ‘digital disruptors’ in Asia-Pacific: study

IANS MUMBAI Only 1.2 per cent of the organisations in the Asia Pacific region meet the gold standard of being “digital disruptors,” a new report has said. According to an International Data Corporation (IDC) study, organisations in the Asia-Pacific (excluding Japan), however, have progressed from resisting digital transformation to exploring digital transformation initiatives. The findings were presented at the annual ... Read More »

Analysts uncertain on RBI rate cut due to inflation concerns

PTI MUMBAI Even as inflation cooled to 4.3 per cent for March led by food prices, analysts are not so certain about a policy rate cut by Reserve Bank in the near future on worries of a rise in the headline number. American brokerage Morgan Stanley, has said that the rise in inflation in the second half of the year ... Read More »

Comparisons between India, China unfair: Raghuram Rajan

Yoshita Singh | PTI NEW YORK Comparisons between India and China are “unfair” as India “pales” before the communist giant, which is about five times India’s size, former RBI governor Raghuram Rajan has said as he emphasised on improving infrastructure for the country’s growth “I think the comparison is often made between India and China. That is a comparison which ... Read More »

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