New Delhi, Feb 21 (IANS) The reason behind India’s high growth rate is the quality of public expenditure, which has improved significantly in the current financial year, the government has said. “In the current fiscal,…
London, Feb 21 (IANS) Focusing on “equal work and equal pay”, a new research calls for actions to ensure equal wages for equally-performing or -skilled scientists, especially females who earn about 14 percent less than…
New Delhi, Feb 21 (IANS) With a renewed government focus on three of Prime Minister Narendra Modi’s pet initiatives — Make in India, Digital India and Skill India, the tech industry, including the telecom sector,…
New Delhi, Feb 21 (IANS) The Union Budget for the next fiscal (2016-17), to be presented on February 29 by Finance Minister Arun Jaitley, should earmark enough funds for investing in infrastructure that will drive…
Beijing, Feb 21 (IANS) The efforts of China’s central bank to manage market liquidity after the Lunar New Year holiday will help ensure smooth liquidity conditions, allowing financial markets to function without disruption, according to…
By Rohit Vaid Mumbai, Feb 21 (IANS) Parliamentary proceedings, coupled with US macroeconomic data and trends in crude oil prices, are expected to steer the Indian equity markets during the upcoming week. Even the budgetary…
Washington, Feb 20 (IANS) The International Monetary Fund (IMF) on Friday announced that it selected Christine Lagarde to serve as its leader for a second five-year term. Lagarde, the sole candidate nominated for the post…
Mumbai, Feb 19 (IANS) With the profitability of Indian public sector banks (PSBs) severely dented as seen from recent third-quarter results, their credit profile will come under pressure unless they are adequately capitalised, Fitch Ratings…
Mexico City, Feb 19 (IANS) Thursday saw a new front opened in the battle against the Zika virus as the World Bank entered the fray, pledging $150 million for Latin America and the Caribbean to…
Mumbai, Feb 18 (IANS) The Reserve Bank of India (RBI) on Thursday decided not to allow non-banking financial companies undertake point of presence services for National Pension System (NPS). “The bank has examined the proposals…
New Delhi, Feb 18 (IANS) The forthcoming railway budget, to be presented by Railway Minister Suresh Prabhu on February 25, must focus more on passenger services and amenities, including safety and punctuality, said a online…
By Vatsal Srivastava Global financial markets have started to price in a global recession since the beginning of 2016. The Fed raised rates for the first time in almost a decade but the price action…
New Delhi, Feb 17 (IANS) Talent, recruitment and health solutions player Aon Hewitt on Wednesday said e-commerce industry leads its annual salary increase survey in India by forecasting a projected salary hike of 15.6 percent…
Thiruvananthapuram, Feb 15 (IANS) The Reserve Bank of India (RBI) is not in favour of devaluing the Indian rupee in favour of economic growth as such an action does not provide any advantage, Reserve Bank…
Chennai, Feb 12 (IANS) The Reserve Bank of India (RBI) only notes cases of loan default but does not take any action and the only reform needed in India is action against wilful loan defaulters,…
Chennai, Feb 11 (IANS) The distress in India’s banking system is becoming evident by the day with more of these financing institutions reporting poor results in the third quarter of this fiscal, amid mounting bad…
Mumbai, Feb 11 (IANS) The Reserve Bank of India had rejected an application by Lashkar-e-Taiba (LeT) terrorist-turned-approver David Coleman Headley seeking clearance to open a business account in June 2007, a Mumbai special court was…
Washington, Feb 10 (IANS) US President Barak Obama has proposed $19 billion for the US space agency in the fiscal 2017 budget – a little less that $19.3 billion NASA received for the fiscal 2016….
New Delhi, Feb 9 (IANS) The Narendra Modi government is now looking at the private sector to aide its Swachh Bharat Mission and provide financial assistance for building toilets for poor families, union Rural Development…
London, Feb 3 (IANS) A combination of a carbon tax on food and sugary drinks could lead to health benefits, reduce greenhouse gas emissions and raise up to £3.6 billion in revenue, says a research….