FICCI estimates India's Q1 GDP to grow at 7.6 per cent

Wednesday, 31 August 2016 08:46
New Delhi: Industry chamber FICCI has estimated India's national income for the first quarter of the current fiscal 2016-17, figures for which are due for release on Wednesday, to grow at 7.6 per cent."The estimated median GVA (gross value added)…

India-US trade will be aided by interaction at many levels: Jaitley

Wednesday, 31 August 2016 08:39
New Delhi: Finance Minister Arun Jaitley on Tuesday said India-US trade will get a boost from business-to-business, business-to-government and government-to-government interactions, in a context where new structural reforms like GST will boost growth and the overall development of the country."Foreign…

Hollande says no TTIP deal by year-end

Wednesday, 31 August 2016 08:28
Paris: French President Francois Hollande on Tuesday said negotiations on the Transatlantic Trade and Investment Partnership (TTIP), between the European Union and the United States cannot yield an agreement by the end of this year."The discussions on TAFTA (Transatlantic Free…

Goa government signs memorandum with Google India

Wednesday, 31 August 2016 08:26
Panaji: The Goa government on Tuesday signed a memorandum of understanding (MoU) with Google India to promote digital literacy, develop internet safety education for students, promote android development and make government websites mobile friendly.The MoU was signed by Chief Minister…

HolidayIQ signs MoU with INTACH

Wednesday, 31 August 2016 08:26
New Delhi: Travel and holiday information portal HolidayIQ on Tuesday signed an MoU with INTACH to jointly identify "next big heritage destination" in India for 2017."We will provide a platform for the Indian travellers to identify heritage destinations across India…

Excise, VAT exempted goods by states should be GST exempt: FICCI

Tuesday, 30 August 2016 17:12
New Delhi: India Inc. proposed on Tuesday that goods fully exempted from excise duty and VAT by states be categorised as exempted goods in the GST regime, which should be implemented after a minimum of 6 months from the date…

Indian Oil Q1 net jumps 25 per cent at Rs 8,269 crore

Tuesday, 30 August 2016 08:06
New Delhi: State-run oil marketer Indian Oil Corp. (IOC) on Monday declared a 25 per cent rise in net profit for the first quarter ended June at Rs 8,268.98 crore, compared to Rs 6,590.83 crore in the same quarter in…

Ratan Tata, Vijay Kelkar and Nandan Nilekani establish Avanti Finance

Tuesday, 30 August 2016 07:55
Mumbai/Kolkata: With a focus on delivering credit to under-served and un-served segments in India, Ratan Tata, Vijay Kelkar and Nandan Nilekani have come together to establish a technology-enabled financial inclusion vehicle, Avanti Finance, a statement said on Monday.Speaking on the…

'India-UK trade can be formalised after Brexit'

Tuesday, 30 August 2016 07:50
New Delhi: India and the UK on Monday discussed ways to boost bilateral trade in a new scenario following Britain's decision to leave the European Union (EU).Talks were held here between Commerce Minister Nirmala Sitharaman and the UK's Secretary of…

Yale, Tata group form research alliance

Tuesday, 30 August 2016 07:46
Washington: Ivy League Yale University and India's Tata Group have launched a far-ranging research collaboration that builds on their shared strengths in discovery, technology, and innovation.The alliance will be led at New Haven (Connecticut)-based Yale by Nicholas Christakis, co-director of…