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FinMin asks ministries to furnish R&D funding data

New Delhi, Nov 12 (SocialNews.XYZ) The Finance Ministry has asked ministries and departments to furnish data on funds spent by them and their autonomous bodies as well as PSUs on research and development (R&D) after…


‘India-ASEAN bilateral trade to reach $300 bn by 2025’

New Delhi, Nov 12 (SocialNews.XYZ) With India pulling out of the Regional Comprehensive Economic Partnership (RCEP), country’s existing engagement with ASEAN is back in focus with an industry study suggesting that India’s bilateral trade with…


Q2 loan growth falls to DeMo lows: Credit Suisse

New Delhi, Nov 12 (SocialNews.XYZ) Continuing credit crunch with loan growth dropping to demonetisation lows of 6 per cent in the July-September quarter is expected to prolong recovery of economic activity in the country, financial…



DoT asks BSNL to take steps on ITS officers’ salaries

New Delhi, Nov 12 (SocialNews.XYZ) The Department of Telecommunications (DoT) has asked Bharat Sanchar Nigam Limited (BSNL) to take corrective steps on non-payment of salaries to the Indian Telecom Service (ITS) posted in the company….


GDP may grow at 4.2% in Q2 :SBI

New Delhi, Nov 12 (SocialNews.XYZ) The second quarter GDP growth may further lower down to 4.2 per cent on low automobile sales, deceleration in air traffic movements, flattening of core sector growth and declining investment…


Aura: Hyundai Motor India’s new sedan

Chennai, Nov 12 (SocialNews.XYZ) Automobile major Hyundai Motor India on Tuesday announced that its upcoming new sedan will be named Aura. In a statement issued here, the company said the name was inspired by the…





US dollar weakens as risk appetite eases

New York, Nov 12 (SocialNews.XYZ) The US dollar declined on Monday against traditional safe-haven currencies like Japanese yen and Swiss franc as investors’ risk appetite eased amid trade uncertainties. The dollar index, which measures the…