Saturday , 22 September 2018


US-based Conduent expands India operations, to create 5,000 jobs

VISAKHAPATNAM: New Jersey-based Conduent Incorporated on Thursday announced to expand its presence in India by opening a new location in Visakhapatnam that will help create 5,000 jobs in the city in the next two years. Please like & share: Read More »

Income Tax office issues list of defaulters, some untraceable

NEW DELHI: The Income Tax Department on Thursday published a countrywide list of 24 defaulting individuals and companies who are currently either untraceable or have reported assets inadequate for payment of their dues. Please like & share: Read More »

India to export 65-70 lakh bales of cotton in 2017-18

NEW DELHI: India will export 65-70 lakh bales of cotton in the ongoing cotton season 2017-18 (October-September) amid aggressive demands from neighbouring countries like Bangladesh, Pakistan and China, said an official on Thursday. Please like & share: Read More »

Govt sees 1 cr new jobs on 12% pension incentive

NEW DELHI: The government hopes to create 1 crore new jobs by bearing the entire 12 per cent of the basic salary that employers are mandated to make towards pension for the first three years for new employees. Please like & share: Read More »

Govt keeps small savings interest rates unchanged

PTI   NEW DELHI The government Wednesday decided not to tinker with the interest rates on small savings schemes, including NSC and PPF, for the April-June quarter. The move is aimed at matching the hardening interest rates in the banking sector. “On the basis of the decision of the government, interest rates for small savings schemes are to be notified ... Read More »

E-way bill rollout from April 1: businesses urged to enrol

IANS   NEW DELHI With only around 11 lakh entities having registered in the e-way bill system slated to roll out from April 1, the government on Wednesday gave a call to businesses and transporters to enrol on the dedicated platform. The electronic way (e-way) bill introduced under the Goods and Services Tax (GST) regime will apply to inter-state transportation ... Read More »

Extradition of economic offenders to India a judicial matter: UK High Commissioner

PTI   NEW DELHI British High Commissioner to India Dominic Asquith said Wednesday that extradition of economic offenders to India from London is a judicial matter and the courts would address that. Fugitive liquor baron Vijay Mallya, who is wanted in India for Kingfisher Airlines’ default on loans worth nearly Rs 9,000 crore, has been in the UK since March ... Read More »

Weak macro indicators expose India to trade war risks: report

PTI   MUMBAI Weak macro economic indicators like current account deficit and inflation have exposed India to adverse global macro developments such as US monetary policy trajectory and trade war risks, says a report. According to Singapore’s banking group DBS, while India’s foreign reserves are at a record high, just as growth gathers momentum, optimism has been dented by widening ... Read More »

Of protectionism and trade wars

Dr D M Deshpande The US President has announced a new round of initiatives that will create trade barriers, ostensibly aimed at China. The fear is that the measures contemplated may also result in some collateral damage to other nations including India. The ripple effects of the developments could be felt on capital markets all over the world, India being no ... Read More »