USIBC (US-India Business Council) welcomed India’s decision to further increase FDI(Foreign Direct Investment) limits as a boost to US-India bilateral trade. The FDI reform measures were decided at a high level meeting chaired by Prime Minister Modi on Monday. The reforms will allow up to 100 percent inflows in civil aviation, defense, food processing and […]
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On Friday last, Raghuram Rajan the Governor of the Reserve Bank (RBI) announced his decision to not continue in office in the following term. This decision was expected to demonstrate its repercussions on the market by the following Monday. With the fear of ‘Brexit’ still looming large, the share market was believed to be headed […]
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New Delhi Dated 23rd June (PTI): Government announces reforms in Foreign Direct Investment (FDI) in the key sectors of Defence, Aviation, Pharmaceuticals and Food Processing. The Prime Minister. Mr.Narendra Modi has expressed confidence,that with this decision the Indian market wouldopen up for FDI, and that in turn would boost the employment generation opportunities in the country. […]
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Rio de Janeiro 18th June 2016– The State of ‘Rio de Janeiro’ in Brazil has declared a State of Financial Emergency. With less than 50 days remaining for the opening ceremony, the announcement of economic instability by the hosts has deepened the shadow of uncertainty on the 2016 Olympics. Uncertainty over the Olympics has been […]
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Washington : ‘Mohammed bin Salman’ the crown prince of Saudi Arabia, met the US President Barack Obama during his recent visit to the United States of America. During the meeting Obama and the Saudi prince discussed a wide range of issues, including Washington-Riyadh bilateral relations as well as developments in the Gulf. On the backdrop of […]
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Delhi, 14 June, PTI – A new proposal of Goods and Service Tax (GST bill) has been put forward which is considered to bring unprecedented changes in the indirect taxation of the country. Except Tamil Nadu which has some reservations on GST provisions, majority of the states have approved the new proposal of GST, which is […]
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New Delhi, dt. 12 (PTI) – Serious efforts are being taken for the indigenization of defense equipment manufacturing. Considering the limitations of the Government mechanism and the opportunity for business growth, Central Government is stressing to have defense related equipment manufactured in India, by formalizing a Government & Private sector partnership. Consequently Defense Minister Manohar […]
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Though US is unhappy about Israel’s policy towards Palestine, US is ready to give historical military aid to Israel, said US national security adviser, Susan Rice. But she also appealed that Israel should think seriously upon the two nation policy. Recently while addressing the ‘US Jewish Committee Global Forum’, Rice criticized Israel’s Netanyahu government for […]
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London, Dated.11.06.2016-Russia was declared as the largest fuel exporter in the world for year 2015. This information was published by the leading fuel company BP. Russia exported around 75% of its oil produce and 33.7% of its CNG. A net increase of 1.2% in the fuel production of Russia compared to the year 2014 has […]
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London 11th June (News Agency) – Terrorists and some unknown countries are consistently trying to enhance their cyber capabilities. The Chief of British Intelligence, Robert Hannigan has warned that using this cyber capability, they could be planning a major cyber attack to bring a city to a complete standstill. A few days back it was […]
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