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  • India to grow at 7.4 per cent in 2018: IMF
    on January 22, 2018 at 2:48 pm

    WASHINGTON/DAVOS: India is projected to grow at 7.4 per cent in 2018 as against China's 6.8 per cent, the IMF said today, making it the fastest growing country among emerging economies following last year's slowdown due to demonetisation and the implementation of the GST.In its latest World Economic Outlook (WEO) update released today in Davos, Switzerland on the sidelines of the World Economic Forum, the International Monetary Fund has projected a 7.8 per cent growth rate for India in […]

  • DHL-Accenture study sees brightest trade growth prospects for India
    on January 22, 2018 at 2:31 pm

    MUMBAI: India's eonomy holds the brightest growth prospects amongst the world's seven largest economies, according to results from a study done by DHL, the world's biggest logistics company and Accenture.The Global Trade Barometer, an early indicator of global trade developments calculated using artificial intelligence, big data and predictive analytics, assigned India the highest growth indices of the seven countries assessed, in the three months from January, "due to strong and sustained […]

  • India to showcase its oil sector policy reforms at IEF
    on January 22, 2018 at 2:01 pm

    NEW DELHI: Indian will showcase its oil sector policy reforms and the investment opportunities at the 16th International Energy Forum (IEF) Ministerial, slated for April in New Delhi, where scores of ministers, top officials and industry executives from across the globe are expected to participate, Oil Minister Dharmendra Pradhan has said. IEF, comprising 72 member countries, is one of the biggest global forum of oil and gas producers and is currently headed by Saudi Arabia. Prime Minister […]

  • Saving money or hoarding it? These eight signs will tell what you are doing
    on January 22, 2018 at 1:18 pm

    By Uma ShashikantIs there anything as saving too much? This what a reader asked me in a long email describing her spouse's attitude towards money and wondering if there was a problem. Her husband is not a saver, but a hoarder. So how can one tell the difference? 62578963 62474072 There are some tell-tale signs of a hoarder: Inability to give away money to anyone else; anxiety while spending money; difficulty in organising and keeping track of money saved; indecision about what to do when […]

  • Aadhaar is being abused by banks and telecos, criminalise its use: Snowden
    on January 22, 2018 at 12:27 pm

    NEW DELHI: American whistleblower-in-exile Edward Snowden on Sunday called Aadhaar "an improper gate to service" and said demands to link it to various services "must be criminalised." Snowden tweeted this while sharing an online article authored by former head of Research and Analysis Wing (RAW) K C Verma. This is the third time the former US National Security Agency contractor has tweeted about Aadhaar this month."Rarely do former intel chiefs and I agree, but the head of India's RAW writes […]

  • PM rules out a populist Budget, then drops hints what it could be
    on January 22, 2018 at 12:17 pm

    In his recent interview to Times Now, Prime Minister Narendra Modi ruled out a populist Budget. He gave enough indications that the upcoming Budget will not be a populist one. According to him, it's a myth that the common man expects freebies and sops from the government. A lot of people expected the Budget to be populist given the upcoming elections in several states. This would also be the last full Budget before the next Lok Sabha elections. Also, the BJP saw erosion of rural votes in the […]

  • Tech view: Nifty50 forms strong bullish pattern; eyes 11,000 level
    on January 22, 2018 at 11:56 am

    NEW DELHI: The Nifty50 on Monday made a clear breakout of the 10,900 level to settle at a record closing high of 10,966. In the process, it formed a strong bullish candle on the daily chart. The index has been forming higher high and higher low for last three sessions, suggesting that supports are shifting higher for the index.The 14-day relative strength index (RSI) drifted further into the overbought territory, but experts believe the index is up for more gains in the days to come.Recently, […]

  • Gold not done and dusted, best days still to come; here's why
    on January 22, 2018 at 10:38 am

    By Asaf HiraniThe colour of gold is not matching with the sentiment from the masses. In short, what I am saying is gold is not shining, at least not in the investor's eye. In spite of gold gaining $50 in December and appreciating by close to 13 per cent in 2017 -- best since 2010 -- nobody is bothered about gold. The limelight has been taken by stocks and cryptocurrencies. Warren Buffet famously said, "Most people get interested in stocks when everyone else is; the time to get interested is […]

  • Infosys to boost Hong Kong-based ASW's digital transformation
    on January 22, 2018 at 8:43 am

    HONG KONG: Infosys on Monday announced a strategic partnership with Hong Kong-based AS Watson Group (ASW), an international health and beauty retailer, to accelerate ASWs digital transformation initiatives.As part of the collaboration, Infosys would provide technology services across data science and Artificial Intelligence (AI) to ASW."We will leverage our vast experience in the retail industry, our deep understanding of global markets as well as our extensive digital capabilities to help the […]

  • The real reason why new engineering graduates aren't getting that job call
    on January 20, 2018 at 1:35 pm

    Automation and slowing growth have hit hiring in India's information technology (IT) companies. For the first six months of this fiscal, the top six Indian IT companies saw its workforce decline by 13,402 compared to an addition of 60,240 in the same period a year earlier. As automation makes basic and repetitive jobs redundant, IT companies are getting more discreet in hiring. Instead of bulk hiring from campuses, they are mostly hiring those with niche, new-age skills and those who can be […]

  • VHP's Praveen Togadia gets support from unlikely allies - Hardik Patel, Congress
    on January 16, 2018 at 12:18 pm

    Terming VHP leader Pravin Togadia's claim that he apprehended a plot to kill him in a police encounter as a "serious issue", opposition Congress in Gujarat today sought an inquiry.Congress leader Arjun Modhwadia met Togadia at a city hospital where the Vishwa Hindu Parishad leader was admitted yesterday in an unconscious state.Apart from Modhwadia, a vocal critic of the VHP's Hindutva ideology, Patidar quota agitation leader Hardik Patel also met Togadia separately.Togadia, the VHP's […]

  • Ex-ISRO chief gets bail in Rs 578-cr illegal gains case
    on December 23, 2017 at 7:03 am

    Former ISRO chairperson G Madhavan Nair was today granted bail by a Delhi court in the sensational Antrix-Devas deal case in which a loss of Rs 578 crore was caused to the exchequer.Special Judge Santosh Snehi Mann granted the relief to Nair on a personal bond of Rs 50,000 and two sureties of the same amount.During the proceedings, the CBI informed the court that two accused could not be served summons as they had settled in the US, and the process was still on to execute the summons to […]

  • Council may bring petrol, realty under GST in future: PM Modi
    on December 14, 2017 at 11:29 am

    All powerful GST Council will consider bringing electricity, petroleum products and some other items under the ambit of GST in future, Bihar Finance Minister Sushil Modi said here."Electricity, real estate, stamp duty and petroleum products should become part of GST (Goods and Services Tax). This would be our (GST Council) endeavour," he said at the annual meet of industry chamber Ficci.He, however, said it would be difficult to specify any timeline for this to happen.Inclusion of these can […]

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