Global creative economy shows resilience, growth: Report
Jan 15, 2019, at 10:03 am
Washington, Jan 15 (IBNS): With export growth rates of over 7% over 13 years, global trade in creative goods is an expanding and resilient sector buoyed by China, according to a new UNCTAD report.
India's retail inflation falls to 2.19% in December
Jan 14, 2019, at 06:12 pm
New Delhi, Jan 14 (IBNS): India's retail inflation touched 2.19% in December 2018, official data released on Monday said.
Fifteenth Finance Commission to visit Tripura
Jan 14, 2019, at 04:28 pm
New Delhi, Jan 14 (IBNS): Furthering its dialogues with the different states of the country, the 15th Finance Commission will be visiting Tripura from Jan 16 – 18.
Jan 14, 2019, at 04:04 pm
Beijing, Jan 14 (IBNS): The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Energy Foundation (EF) on Monday signed a memorandum of understanding (MoU) to deepen their collaboration in promoting sustainable energy for economic development and environmental protection in the region.
Wholesale inflation down to eight month low at 3.80 per cent
Jan 14, 2019, at 02:26 pm
Mumbai, Jan 14 (IBNS) :Wholesale inflation eased to 3.80 per cent (provisional) in December from 4.64 per cent in the previous month, recording eight month low, the Government said on Monday.
West Bengal minister Amit Mitra attends interactive session on Gas Industry
Jan 12, 2019, at 10:54 pm
Kolkata, Jan 12 (IBNS): West Bengal finance and industry minister Amit Mitra this week attended an interactive session on Gas Industry which was organised by FICCI West Bengal State Council here.
Major Indian ports register positive growth of 3.77% during April to December: Official data says
Jan 12, 2019, at 05:09 pm
New Delhi, Jan 12 (IBNS): The major ports in India have recorded a growth of 3.77% and together handled 518.6 million tonnes of cargo during the period April to December 2018 as against 499.7 million tonnes handled during the corresponding period of previous year, officials said on Saturday.
MG Motor India forays into Punjab with strong footprint
Jan 12, 2019, at 05:01 pm
Chandigarh, Jan 12 (IBNS): As part of its commitment to the Punjab market, British carmaker MG Motor India on Saturday showcased its global product line-up in Chandigarh, ahead of the launch of its first SUV HECTOR in Q2 2019.
-1547212953.jpg "Tata Motors Group global wholesales at 100,551 in December 2018")
Tata Motors Group global wholesales at 100,551 in December 2018
Jan 11, 2019, at 06:52 pm
Mumbai, Jan 11 (IBNS): Automobile major Tata Motors Group on Friday said its global wholesales in December 2018, including Jaguar Land Rover, were at 100,551 nos., lower by 13.9%, as compared to December 2017.
India's November industrial production growth slumps to 0.5 percent in November
Jan 11, 2019, at 06:15 pm
New Delhi, Jan 11 (IBNS): India's factory production decelerated in November and marked a rise of only 0.5 percent, official data released on Friday said.
Airlines major Etihad announces global sale
Jan 11, 2019, at 05:29 pm
Mumbai, Jan 11 (IBNS): Etihad Airways, the national airline of the United Arab Emirates, on Friday announced its global sale. Guests flying from India to Abu Dhabi, United States, Europe, Canada, Australia and Africa can plan their travels for the new year with these special fares, exclusively available on Etihad.com for the first two days, following which the discounted fares will be available on all platforms.
Arun Jaitley announces doubling of tax exemption limit for small businesses
Jan 10, 2019, at 04:44 pm
New Delhi, Jan 10 (IBNS): In a bid to woo a certain section of the people ahead of the 2019 General Elections, the central government on Thursday announced a doubling of tax exemption limit for all small businesses, media reports said.
Airbus delivers 800 commercial aircraft to 93 customers in 2018
Jan 10, 2019, at 02:18 pm
Leiden (Netherlands), Jan 10 (IBNS): Airbus SE (stock exchange symbol: AIR) delivered 800 commercial aircraft to 93 customers in 2018, meeting its full year delivery guidance and setting a new company record. Deliveries were 11 percent higher than the previous record of 718 units, set in 2017. For the 16th year in a row now, Airbus has increased the number of commercial aircraft deliveries on an annual basis.
Jan 09, 2019, at 06:24 pm
Kolkata, Jan 9 (IBNS): Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) recently inked a Corporate Agency agreement with Repco Home Finance Limited (Repco) to deliver General Insurance products to Repco customers.
India will accelerate to 7.3 percent in FY 2018/19: World Bank
Jan 09, 2019, at 09:40 am
Washington, Jan 9 (IBNS): The World Bank on Tuesday projected that India will accelerate to 7.3 percent in FY 2018/19.
Global economy to slow to 2.9 percent in 2019 as trade, investment weaken: World Bank
Jan 09, 2019, at 09:32 am
Washington, Jan 9 (IBNS): Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said on Tuesday. International trade and manufacturing activity have softened, trade tensions remain elevated, and some large emerging markets have experienced substantial financial market pressures.
Bengal Chamber, CENERS-K jointly organise seminar on cyber terrorism in Kolkata
Jan 09, 2019, at 12:16 am
Kolkata, Jan 8 (IBNS): To address the threat of Cyber terrorism and the Economy, a daylong Seminar on “Cyber Terrorism and the Economy- A Gathering Storm” will be held in Kolkata on Jan 16.
Jaguar Land Rover India announces 16 percent increase in sales in CY 2018
Jan 08, 2019, at 07:21 pm
Mumbai, Jan 8 (IBNS): Jaguar Land Rover India on Tuesday said it has announced a growth of 16 percent for the period January to December 2018.
RBI appoints Aadhar architect Nandan Nilekani as chairman of digital payments panel
Jan 08, 2019, at 05:20 pm
Mumbai, Jan 8 (IBNS): The Reserve Bank of India on Tuesday said Infosys co-founder Nandan Nilekani, the architect of Aadhaar card, has been appointed as the chairman of the committee formed by it to assess the digitisation of payments in the country.
Infosys co-founder Nandan Nilekani to head Reserve Bank of India's committee on digital payments
Jan 08, 2019, at 04:24 pm
Mumbai, Jan 8 (IBNS): In a major move, the Reserve Bank of India on Tuesday appointed Infosys co-founder Nandan Nilekani as the chairman of a committee that will assess the digitisation of payments in India.
Improving India’s electricity sector through day-ahead market pricing needed: IEEFA
Jan 08, 2019, at 02:49 pm
New York, Jan 8 (IBNS): With some US$100bn of existing and proposed thermal power plants in financial distress, and low cost but variable renewable energy capacity best able to meet the ambitious targets set by government, India has an opportune moment to transform its electricity sector by introducing day-ahead market pricing for both producers and consumers.
India takes over operations of part of Chabahar Port in Iran
Jan 08, 2019, at 09:30 am
New Delhi, Jan 8 (IBNS): The Government of India took over the operations of a part of Shahid Beheshti Port, Chabahar in Iran during the Chabahar Trilateral Agreement meeting held there on the Dec 24.
SAIL expected to supply 10 lakh tonnes of steel for railways track in 2018-19
Jan 07, 2019, at 07:27 pm
New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works.
Shell launches second cohort of start-ups under its E4 Programme
Jan 07, 2019, at 07:24 pm
Kolkata / Bengaluru, Jan 7 (IBNS): Riding on the success of the first cohort of the E4 (Energizing and Enabling Energy Entrepreneurs) programme in 2018, Shell has announced its second cohort of start-ups under the E4 aegis, to further strengthen its position as a partner of choice for energy-sector entrepreneurs in the country.
SAIL expected to supply 10 lakh tonnes of steel for railways track in 2018-19
Jan 07, 2019, at 07:16 pm
New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works.
-1546866988.jpg "Direct Tax collections for F.Y. 2018-19 up by 14.1%: Officials")
Direct Tax collections for F.Y. 2018-19 up by 14.1%: Officials
Jan 07, 2019, at 06:46 pm
New Delhi, Jan 7 (IBNS): The provisional figures of Direct Tax collections up to December, 2018 show that gross collections are at Rs. 8.74 lakh crore which is 14.1% higher than the gross collections for the corresponding period of last year, official data released on Monday said.
India's GDP estimated to grow at 7.2 per cent in 2018-19: Officials
Jan 07, 2019, at 06:43 pm
New Delhi, Jan 7 (IBNS): India's Gross Dometic Product will grow at a rate of 7.2 per cent in 2018-2019 session, official data released on Monday said.
-1546865877.jpg "Volkswagen makes its ownership experience more affordable by reducing the total cost of ownership across its carlines")
Jan 07, 2019, at 06:28 pm
Kolkata, Jan 7 (IBNS): Automobile giant Volkswagen on Monday reinstated its commitment to the Indian market by offering affordable ownership experience across its carlines.
Uber strengthens India leadership, appoints Pavan Vaish as the new Head of Central Operations
Jan 07, 2019, at 06:18 pm
Kolkata, Jan 7 (IBNS): Uber,an on-demand ride-sharing company, on Monday announced the appointment of Pavan Vaish as the new Head of Central Operations. Pavan joins Uber with over 25 years of experience in building and leading global technology businesses.
We believe liquidity needs are largely met: RBI Governor Shaktikanta Das
Jan 07, 2019, at 04:20 pm
Mumbai, Jan 7 (IBNS): RBI governor Shaktikanta Das on Monday said steps will be taken if there is a liquidity shortage in the economy.