Why the govt and RBI are at odds over setting up a payments regulator

Creation of another regulator for payments has its own challenges, especially lack of expertise. Such a body can also become playground for senior bureaucrats looking for sinecures post retirement

from Latest News https://ift.tt/2P0BaCv

Peacekeeping not a substitute for addressing root causes of conflict: India

Last week, India announced its contribution of $300,000 for the 'Pipeline to Peacekeeping Command Programme' with a specific focus on issues of conduct and discipline.

from Latest News https://ift.tt/2OXYgK2

Delhi BJP organises Rashtriya Ekta Daud on Sardar Patel's birth anniversary

Several senior BJP leaders and Union ministers participated in the event

from Latest News https://ift.tt/2CTQVEe

Jubilant begins test-run of Chinese fast food venture

The Chinese Kitchen is the working name of the listed food chain’s first independent venture, two people aware of the development said.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zgakvn

Rupee falls 40 paise to 74.06 against US dollar in morning trade; rift between govt-RBI weighs in on currency

Forex traders said the US dollar's strength against some currencies overseas and concerns around the rift between the government and the RBI also weighed on rupee

from Latest News Business on Firstpost https://ift.tt/2OXtFw6

Narendra Modi govt must not trigger chaos in economy and put India on the backfoot by invoking Section 7; Hold on Urjit Patel

Urjit Patel has never been a darling of the media unlike his predecessor Raghuram Rajan

from Latest News Business on Firstpost https://ift.tt/2CPTo2m

Will govt invoke Section 7 of RBI Act? All you need to know about this never-before-invoked Act

Section 7 empowers the central government to give directions to the RBI, after consultation with the Governor of the central bank, as it may consider necessary in the public interest.

from Latest News Business on Firstpost https://ift.tt/2OYS6Jz

EU launches in-depth probe into Tata-Thyssenkrupp steel merger; to assess if it will reduce competition

In June, India-headquartered Tata Steel had confirmed that it has agreed on the terms of a 50-50 joint venture with ThyssenKrupp to create Europe's second-largest steel company after Lakshmi Mittal's ArcelorMittal.

from Latest News Business on Firstpost https://ift.tt/2CPUjQk

Arun Jaitley holds high-level meeting to discuss liquidity issues; no discussion on RBI-govt differences, says report

Unlike in the past, all the four RBI deputy governors attended Tuesday's FSDC meeting along with Patel.

from Latest News Business on Firstpost https://ift.tt/2Q63QX9

Court rejects Vijay Mallya's plea against Enforcement Directorate's proceedings for fugitive economic offender tag

Special judge MS Azmi rejected Vijay Mallya's plea and said the court will hear arguments on the main ED plea to declare the beleaguered industrialist an FEO on 22 November

from Latest News Business on Firstpost https://ift.tt/2OZ5AoS

Reserve Bank of India to inject Rs 12,000 cr liquidity in system on 1 November; to purchase govt securities

The RBI had announced last week that it would inject Rs 40,000 crore into the system in November as it looks to meet festive season demand for funds.

from Latest News Business on Firstpost https://ift.tt/2CQAecK

Oil prices rise for first time in three days, but trade war fears drag

TOKYO (Reuters) - Oil prices climbed for the first time in three days on Wednesday, but rising supply and fears over the outlook for demand amid the U.S.-China trade war kept pressure on the market. Brent crude futures had gained 36 cents, or 0.5 percent, to $76.27 a barrel by 0110 GMT. They fell 1.8 percent on Tuesday, at one point touching their lowest since Aug

from Latest News Business on Firstpost https://ift.tt/2OYYmAZ

Asia stocks tentative after a merciless October for global equities

By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks pulled away from 20-month lows to eke out small gains on Wednesday, thanks to a rebound on Wall Street though investors remained cautious after a torrid October month that saw trillions of dollars wiped out of global equity markets.

from Latest News Business on Firstpost https://ift.tt/2CTOmC6

After tragedies and big losses, Hyundai looks to reverse North Korea fortunes

By Ju-min Park and Heekyong Yang SEOUL (Reuters) - For Hyundai, the South Korean conglomerate, North Korea has been a story of lost opportunities - and tragedy. In 2003, months before Hyundai was set to open an industrial complex in North Korea, the executive behind the project committed suicide amid accusations his company had made a secret $500 million payment to the North. Five years later, a Hyundai-run resort in the North was closed after a North Korean soldier shot a South Korean tourist

from Latest News Business on Firstpost https://ift.tt/2P1Vcwo

Facebook's rise in profit outweighs slow user, sales growth

By Munsif Vengattil and Paresh Dave SAN FRANCISCO (Reuters) - Facebook Inc on Tuesday beat profit estimates but missed targets for growing monthly users and reported its slowest revenue growth in about six years in a quarter some investors feared would be hit harder by defections from the social media site. Facebook is keeping costs in check better than some investors anticipated but is facing challenges growing users, causing shares to swing in both directions after the third-quarter results

from Latest News Business on Firstpost https://ift.tt/2CRSpPd

Facebook shares stung by slow user, sales growth

By Munsif Vengattil and Paresh Dave (Reuters) - Facebook Inc on Tuesday beat analysts' profit estimates but missed targets for growing monthly users and reported its slowest revenue growth in about six years. The social network is keeping costs in check better than some investors anticipated but is facing challenges growing users, causing shares to swing in both directions after the third-quarter results. Shares of Facebook were up about 3 percent to $146.22 after initially falling as much as 5 percent following the bell, when they had closed up 2.9 percent at $146.22.

from Latest News Business on Firstpost https://ift.tt/2qjqJv5

Facebook misses estimates for monthly users, revenue

(Reuters) - Facebook Inc on Tuesday missed estimates for quarterly user growth and revenue but topped profit expectations as the social network tries to recover from privacy and content scandals. Shares of the company were down 5.2 percent at $138.65 in extended trading. Net income attributable to Facebook shareholders rose to $5.14 billion, or $1.76 per share, in the third quarter ended Sept.

from Latest News Business on Firstpost https://ift.tt/2CUUSIP

Gold industry sees prices rising to $1,532/oz over 12 months

BOSTON (Reuters) - The price of gold is expected to rise to $1,532 an ounce by October next year, delegates to the London Bullion Market Association's annual gathering predicted on Tuesday. A poll of delegates at the LBMA conference in Boston also predicted higher prices in a year's time for silver, platinum and palladium. Spot gold has had a difficult few months, falling from a high of $1,366.07 in January to as low as $1,159.96 in August as the dollar strengthened and the U.S.

from Latest News Business on Firstpost https://ift.tt/2OW6BxI

Wall Street rebounds as chip, transport shares surge

By Lewis Krauskopf NEW YORK (Reuters) - Major U.S.

from Latest News Business on Firstpost https://ift.tt/2CV5vLk

Wall St rebounds as chip, transport shares surge

By Lewis Krauskopf NEW YORK (Reuters) - Major U.S.

from Latest News Business on Firstpost https://ift.tt/2OYYnox

Exclusive: Apollo in advanced talks to acquire Arconic -sources

(Reuters) - Private equity firm Apollo Global Management LLC is in advanced negotiations to acquire aluminium products maker Arconic Inc for more than $11 billion, people familiar with the matter said on Tuesday. Apollo could reach a deal with Arconic as early as next week after a competing buyout consortium comprising Blackstone Group LP , Carlyle Group LP , Onex Corp and Canada Pension Plan Investment Board indicated it may need three more weeks to complete due diligence on the company, the sources said

from Latest News Business on Firstpost https://ift.tt/2CSlkCH

Exclusive: Petrobras could divest another $20 billion in assets through 2019 -source

By Alexandra Alper and Marta Nogueira RIO DE JANEIRO (Reuters) - Brazil's Petroleo Brasileiro SA could sell an additional $20 billion in assets through next year, a person with knowledge of the matter told Reuters on Tuesday, indicating that the state-run oil company expects to maintain its robust pace of divestments despite recent setbacks. Planned sales of its Pasadena refinery in Texas and two oilfield clusters in the Campos basin could be inked by year end, the source said, declining to be named given the sensitivity of the topics

from Latest News Business on Firstpost https://ift.tt/2P1I6PC

Exclusive: Buyout firms Bain, CVC compete to acquire Papa John's - sources

By Joshua Franklin and Harry Brumpton (Reuters) - Bain Capital and CVC Capital Partners are among the private equity firms competing to acquire Papa John's International Inc , the world's third-largest pizza delivery company, people familiar with the matter said on Tuesday. The buyout interest in Papa John's comes amid a battle for control with its founder John Schnatter, who owns about 30 percent of the company.

from Latest News Business on Firstpost https://ift.tt/2CTFHj3

Oil prices down more than one percent on rising supply, trade war

By Stephanie Kelly NEW YORK (Reuters) - Oil prices dropped more than 1 percent on Tuesday on signs of rising supply and concern that global economic growth and demand for fuel will fall victim to the U.S.-China trade war.

from Latest News Business on Firstpost https://ift.tt/2OZPeMA

Exclusive: Buyout firms Bain, CVC compete for Papa John's -sources

(Reuters) - Bain Capital and CVC Capital Partners are among the private equity firms competing to acquire Papa John's International Inc , the world's third-largest pizza delivery company, people familiar with the matter said on Tuesday. The buyout interest in Papa John's comes amid a battle for control with its founder John Schnatter, who owns about 30 percent of the company

from Latest News Business on Firstpost https://ift.tt/2COTnvz

Wall Street edges back, helped by bargain hunters

By Lewis Krauskopf NEW YORK (Reuters) - Major U.S. stock indexes posted modest gains on Tuesday, helped by gains for chip stocks as investors took advantage of cheaper prices following a steep recent pullback for equities

from Latest News Business on Firstpost https://ift.tt/2OZ5vS6

Mastercard shares slide as quality of revenue growth disappoints

By Aparajita Saxena (Reuters) - Mastercard's shares reversed course to fall sharply in afternoon trading on Tuesday as investors worried the company's third-quarter revenue growth was largely being driven by rebates and incentives and not by transaction volumes. The payments processor said its revenue rose 14.7 percent to $3.90 billion in the quarter, out of which rebates and incentives accounted for $1.74 billion

from Latest News Business on Firstpost https://ift.tt/2CRfXDK

U.S. leads equities higher on hopes of U.S.-China trade deal

By David Randall NEW YORK (Reuters) - Broad gains in the U.S. equity market turned global stocks higher on Tuesday after President Donald Trump said a "great deal" could be struck with China that would relieve fears of a growing trade war between the world's two largest economies. The euro wallowed near a 10-week low of $1.1352 as the dollar climbed to a 2 1/2-month peak against a basket of the world's top six currencies

from Latest News Business on Firstpost https://ift.tt/2OW6ySy

PKL 2018: Dabang Delhi vs Puneri Paltnb, Patna Pirates vs Bengaluru Bulls

Both matches will be telecast on Hotstar and Star Sports network

from Latest News https://ift.tt/2DeB9ob

Tension brews within civil service caste system as IPS cadres get ambitious

Although it's early days, trends seem to indicate that young IPS officers are now eyeing plum positions in other cadres

from Latest News https://ift.tt/2JsH8pI

Government vs RBI: All you need to know about Section 7 of the RBI Act

The government has written to the RBI hinting it may invoke Section 7 of the Reserve Bank of India Act 1934 - a provision that has never been used since the inception of the law

from Latest News https://ift.tt/2DcFyId

ISL 2018-19: When and where to watch two-time winners ATK vs Bengaluru FC

Bengaluru sit in third spot after three matches while ATK in the fifth spot with seven points from five games

from Latest News https://ift.tt/2ABLBnj

Tech Mahindra gains 8% as margins impress in Q2

The stock moved higher by 8% to Rs 741 on the BSE after the company's Ebitda margins in September quarter expanded 240bps at 18.8%

from Latest News https://ift.tt/2qktL2j

Asia Bibi blasphemy case: Pak SC overturns Christian woman's death sentence

Chief Justice Saqib Nisar overturned the conviction by the Lahore High Court that had sentenced Asia Bibi, a mother of four, to death in 2010

from Latest News https://ift.tt/2SvPdho

ISL 2018-19: Resurgent ATK face formidable Bengaluru FC challenge

ATK and Bengaluru have faced each other twice and the Sunil Chhetri-led team won on both occasions

from Latest News https://ift.tt/2ET70wq

Rafale deal: SC asks Centre to file affidavit on pricing within 10 days

The court also asked the Centre to share information which can be brought in the public domain with the petitioners

from Latest News https://ift.tt/2Q7Sq5n

What ails Baba Ramdev's Patanjali Ayurved?

According to a recent IIFL report, sales of Patanjali products have halved from two year earlier levels.

from Latest News https://ift.tt/2PuO9vO

'Investors may get an opportunity to buy banks, NBFCs at lower levels'

Saravana Kumar, chief investment officer at LIC Mutual Fund tells Puneet Wadhwa that investors should focus on large-cap schemes in these uncertain times

from Latest News https://ift.tt/2RtfSdF

Govt may have invoked never-used powers in talks with RBI Governor

The RBI has received letters from the government seeking Governor Urjit Patel's views on issues ranging from the authority's handling of weak state-run lenders to tight liquidity

from Latest News https://ift.tt/2OYI2Av

RBI Governor Urjit Patel may resign on rift with govt, reports say

The 10-year benchmark bond yield rose to 7.87% from its previous close of 7.83%

from Latest News https://ift.tt/2JqvTOJ

PM Modi unveils 'Statue of Unity', says lakhs of farmers helped build it

The Rs 23.89 billion monument is a tribute to Patel who played a major role in integrating the princely states into the Indian Union after the partition of 1947

from Latest News https://ift.tt/2PtmbAw

Market sentiment may take a hit again if Urjit Patel resigns, say analysts

Government officials have recently called for the RBI to relax its lending restrictions on some banks, and the government has also been trying to trim the RBI's regulatory powers.

from Latest News https://ift.tt/2Qc6D1j

NDCP: Committees set up to address telcos' concerns, says Telecom Secy

She was responding to a question on the action plan of DoT to achieve targets set by the government under National Digital Communications Policy 2018

from Latest News https://ift.tt/2JsGW9Y

Cummins India surges 14% as Q2 earnings beat estimates

The stock surged 14% to Rs 769 on the BSE after the company reported a better-than-expected 39% Y-o-Y jumped in net profit at Rs 2.12 billion in September quarter, on back of higher revenue.

from Latest News https://ift.tt/2qk9xW8

Statue of Unity: An open letter to Sardar Patel by activist Medha Patkar

Your generation was aware of two vices - corruption and communalism. The spirit behind your then sermons is needed today

from Latest News https://ift.tt/2EUxP3o

Facebook shares rise 3.1%, give Zuckerberg time to pursue new initiatives

Earlier this year, the company said revenue growth rates would decline in the third and fourth quarters, sending shares plummeting

from Latest News https://ift.tt/2SuAnIh

US sanctions on Iran: Not only India, many other US allies may seek waivers

America's two closest allies in Asia are ahead of the curve: Both scaled back their purchases of Iranian crude to zero recently, but that may not last

from Latest News https://ift.tt/2CTGEYG

Rupee falls 38 paise to 74.06 over strengthening US dollar, RBI-govt rift

A stable crude oil prices, however, restricted the rupee fall to some extent, forex traders said

from Latest News https://ift.tt/2SuAIe1

Dr Reddy's slips 7% following 8 USFDA observations for Duvvada plant

The stock slipped 7% to Rs 2,425 on the BSE after the pharmaceutical company said US health regulator issued eight observations after inspecting its formulations plant at Duvvada, Visakhapatnam.

from Latest News https://ift.tt/2P0rckJ

Bank of Japan holds monetary policy rates, cuts inflation forecast

Caught between heightening external risks to growth and the mounting demerits of prolonged easing, the BOJ is set to keep policy steady for some time, analysts say

from Latest News https://ift.tt/2DeBnvG

Sardar Patel unified India in 70 days through bloodless revolution: Rajnath

He said the first home minister of the country had inculcated the spirit of nationalism across India and always believed in taking everyone along in the march towards progress

from Latest News https://ift.tt/2PyOjSG

Ball tempering row: Australian cricket's 'culture' has returned to haunt

An independent review of Cricket Australia's culture was released, concluding that "winning without counting the costs" has been an entrenched habit of the Australian team for decades

from Latest News https://ift.tt/2AB88kb

How are US sanctions affecting Iran? This Dubai hotel has the answer

The restaurant occupies the first floor of an old building in Deira, Dubai's original commercial center and for decades the heart of the Iranian business community

from Latest News https://ift.tt/2PyXin4

Sardar Patel was synonymous with trust and integrity, writes PM Modi

Prime Minister Narendra Modi, offering a special tribute to Sardar Vallabhbhai Patel, says the great unifier was also responsible for building India's great cooperative sector

from Latest News https://ift.tt/2RrNI2E

Coal India extends fall as share sale begins

The stock was down 4% to Rs 265, extending its previous day's 4% decline on the BSE after the company's OFS of its equity shares began at price of Rs 266 per share today.

from Latest News https://ift.tt/2Q8roeb

RTI confirms Rajan sent PM Modi list of bank defaulters in February 2015

Asked what action was taken after receiving Rajan's list of NPA defaulters suspected of fraud, the PMO replied that this information does not fall within the scope of RTI

from Latest News https://ift.tt/2AC0C8A

Possible seabed position of crashed Lion Air jet located: Indonesia

The 2-month-old Boeing plane plunged into the Java Sea on Monday just minutes after takeoff from Jakarta, killing all 189 people on board

from Latest News https://ift.tt/2qmRjn7

Right to be forgotten: How to protect privacy in times of blockchain

At its core, blockchain is a database that is jointly managed by a distributed set of participants

from Latest News https://ift.tt/2ABpLQC

Govt may have invoked never-used powers in talks with RBI Governor

The RBI has received letters from the government seeking Governor Urjit Patel's views on issues ranging from the authority's handling of weak state-run lenders to tight liquidity

from News https://ift.tt/2OYI2Av

NDCP: Committees set up to address telcos' concerns, says Telecom Secy

She was responding to a question on the action plan of DoT to achieve targets set by the government under National Digital Communications Policy 2018

from News https://ift.tt/2JsGW9Y

Bank of Japan holds monetary policy rates, cuts inflation forecast

Caught between heightening external risks to growth and the mounting demerits of prolonged easing, the BOJ is set to keep policy steady for some time, analysts say

from News https://ift.tt/2DeBnvG

Port Royal and Encona team up for Big-Up Jamaican patties

At 150g, the chilled patties are 7% heavier than Port Royal’s standard 140g range

from The Grocer - latest headlines https://ift.tt/2zfa1RB

Online supermarket specialising in surplus food targets expansion

Food Circle Supermarket began trading this January and now sources surplus products from 10-15 suppliers

from The Grocer - latest headlines https://ift.tt/2AzODIL

Supermarkets grow share of eating-out breakfast/lunch visits

Their share of breakfast visits rose from 5% in the third quarter of 2017 to 6.0%

from The Grocer - latest headlines https://ift.tt/2CNS1RA

Summer barbecues threaten next year's beef supply

UK beef production is expected to fall under 900,000 tonnes in 2019

from The Grocer - latest headlines https://ift.tt/2Q6ikX0

Poundworld and Bargain Buys brands sold by administrator

All of Poundworld’s intellectual property assets have been sold to the Leeds-based company New Money

from The Grocer - latest headlines https://ift.tt/2Rj7BJ8

George in for grannies as Aunt Bessie's ambassador

Aunt Bessie’s has binned off its nosy granny duo in favour of some new blood

from The Grocer - more product marketing news & analysis https://ift.tt/2PxxdET

#MeToo impact: Suhel Seth not a consultant presently, says Coca-Cola

Seth has been accused of sexual misconduct by several women including actor Diandra Soares and filmmaker Natashja Rathore, as part of the #MeToo movement.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2AAjsgo

#MeToo impact: Suhel Seth not a consultant presently, says Coca-Cola

Seth has been accused of sexual misconduct by several women including actor Diandra Soares and filmmaker Natashja Rathore, as part of the #MeToo movement.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2AAjsgo

Mega food park inaugurated at Mangrol

The mega food park has been built with financial assistance from central and state governments at a cost of Rs 120 crore on 70 acres of land.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2RobSLf

RTI confirms Rajan sent PM Modi list of bank defaulters in February 2015

Asked what action was taken after receiving Rajan's list of NPA defaulters suspected of fraud, the PMO replied that this information does not fall within the scope of RTI

from News https://ift.tt/2AC0C8A

Domino's Pizza announces PepsiCo as its new beverage partner

As part of the partnership, the PepsiCo portfolio of carbonated beverages of Pepsi, Mountain Dew, 7Up, and Mirinda along with Lipton Ice Tea will be sold across all Domino’s restaurants in India, the company said in a statement.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zig0oC

RBI governor may consider resigning after rift with government: CNBC TV18

The RBI was not immediately available for comment

from News https://ift.tt/2zeZDcx

Sabarimala: Ban on women fails four key tests of constitutional morality

Excluding menstruating women from the shrine also violates Article 17 -- the Constitutional provision prohibiting untouchability

from News https://ift.tt/2JrAujE

Govt hopes better rank in World Bank's Doing Business 2019 report

Last year, India had improved its position by 30 spots. This year, the World Bank will consider reforms introduced till May 1

from News https://ift.tt/2OX5i1A

Govt panel shortlists some potential candidates for chief economic advisor

The candidates were shortlisted after a round of interviews and there will be more interviews to narrow the field even further, the source said

from News https://ift.tt/2CRAsAb

SC order on broadcasting sector tariffs a big win for consumers: Trai Chief

The order will provide consumers choice of channels, transparency and better service quality, RS Sharma said

from News https://ift.tt/2OZ9iyt

FinMin raises liquidity concerns, RBI says cash crunch not severe

After the meeting, no government official commented on anything even as Urjit Patel and his colleagues left North Block through a different exit point

from News https://ift.tt/2JsOg5w

Inflation to remain below 4% even if onion prices increase: SBI study

The govt release the Consumer Price Index for October on November 12

from News https://ift.tt/2PrIIOb

Navi Mumbai airport by March 2020, land acquisition for refinery on hold

We have identified the land, but there are certain concerns. We have put that land on hold, but we are in active consultation, Devendra Fadnavis said

from News https://ift.tt/2JoDsFr

India Inc foreign borrowing halves to $41.71 bn in Sept, Jio gets $500 mn

Of the $1.71 billion raised in previous month, $1.21 billion was through automatic route while $500 million came in via approval route

from News https://ift.tt/2zhYfpu

Centre approves construction of 215,000 houses in 6 states under PMAY (U)

According to the govt, with the sanctioning of 215,083 more housing units, the total number of houses being funded under the PMAY(U) across the country would be 62,53,731

from News https://ift.tt/2Dc0ZsW

Deepen market connect for agri, dairy, rural entrepreneurship: Kant to govt

Kant said that India is uniquely positioned among the global economies by 2020

from News https://ift.tt/2JuRLbK

Make in Odisha 2.0 to host sessions on chemicals, defence manufacturing

Odisha has been fast emerging as a petrochemicals hub in the country

from News https://ift.tt/2DcJ2dO

RBI looked the other way as banks lent heavily under UPA: Jaitley

This was seen as a veiled reference to RBI pushing back hard against the government pressure to relax its policies and reduce its powers

from News https://ift.tt/2ql5nxg

UIDAI plans passport offices-type Aadhaar Seva Kendra for 'smooth' service

Almost 114 such Kendra (or centres) in 53 cities and towns including all state capitals will be established in the first phase

from News https://ift.tt/2qiXJDP

RSS-affiliated labour union flays Centre, demands white paper on FDI

Bharatiya Mazdoor Sangh has demanded the issuance of a white paper on the FDI receipt in recent years and the employment opportunities thus generated

from News https://ift.tt/2OhqDgW

Mumbai leads data centre business, Bengaluru 2nd, Delhi-NCR trails: Report

Mumbai presently has four of the 10 cable landing stations in the country

from News https://ift.tt/2DbiBoV

RBI more independent today, says Morgan Stanley on Viral Acharya's comment

Acharya had last Friday made a fervent pitch for independence/autonomy for the regulator and warned of punishment by the markets if it is undermined

from News https://ift.tt/2ACFD5H

FSDC discusses NBFC fund crunch; RBI assures adequate liquidity in system

The meeting assumes significance as the FSDC is meeting for the first time after RBI Deputy Governor Viral Acharya raised issues regarding the independence of the central bank

from News https://ift.tt/2Q7aahk

Centre, states divide Rs 320 bn IGST in Oct; states to get over Rs 150 bn

As much as Rs 290 bn was settled in September, Rs 120 bn in August, Rs 500 bn in June and Rs 350 bn in February this year

from News https://ift.tt/2yI7QGL

NIPFP: Data localisation norms are too broad, don't address key issues

Mandatory nature of localisation within specific regions ups risks of security breaches and data misuse; lack of strong protection regime may lower data protection and efficacy of payments ecosystem

from News https://ift.tt/2D9D11H

Govt starts framing rules to handle complaints against CVC: Ministry

There are no guidelines in place to handle complaints against the CVC, the ministry said in response to an RTI query

from News https://ift.tt/2CRYSd4

Jaitley to chair FSDC meeting today even as RBI, govt lock horns in public

The latest meeting comes amid concerns about the role of the 'super-regulator'

from News https://ift.tt/2ACeRud

Job stickiness pays dividend at HUL

This is contrary to industry trends where people movement and job hopping are considered vital for a successful career. The Rs 36,000-crore FMCG behemoth is turning the trend on its head.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2JrbdGh

Emami Q2 profit declines 16 % to Rs 83 crore

Emami's revenue from operations was almost flat at Rs 628.02 crore as against Rs 627.93 crore in the corresponding quarter of the previous fiscal.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2DelzZY

ITC to enter paneer, milkshakes business in 2 months

ITC had earlier forayed into the dairy segment with the launch of milk and ghee in select markets.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2Juabcy

Colgate to piggyback on ayurveda for global innovation

Like many large consumer goods companies including Unilever, Colgate had struggled with sluggish volume growth and shifting consumer taste towards natural or herbal brands.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2DeofGG

Samsung Galaxy A7 (2018): Finally, a game-changing midrange smartphone

Priced at Rs 23,990 for the base model with 64GB of internal storage, it is a mixed bag of design, performance, imaging and battery life - something hard to find in any other midrange smartphone

from Latest News https://ift.tt/2RoZIlw

CESC trades ex-date for demerger; stock gain 5%

CESC transferred the retail undertaking business into RP- SG Retail and of the IT undertaking into RP- SG Business Process Services.

from Latest News https://ift.tt/2ERYc9V

PKL 2018: Patna Pirates need to improve defence to avoid successive defeats

Patna Pirates' defense and support raider have not performed in their home leg so far and it seems today's high voltage clash will be between superstar Pardeep Narwal and Telugu Titans

from Latest News https://ift.tt/2DcCkEQ

LS Elections 2019: Maharshtra CM Fadnavis hopeful of BJP-Shiv Sena alliance

In the 2014 Maharashtra polls, the BJP had emerged as the single largest party, winning 122 seats of the total 288.

from Latest News https://ift.tt/2Jtp4fi

LS Elections 2018: BJP may field more Muslim candidates in West Bengal

In the last Lok Sabha polls, the BJP had fielded only two minority candidates in the state, which has a total of 42 seats

from Latest News https://ift.tt/2DbUruf

Arun Jaitley criticises RBI for 'indiscriminate' lending during UPA years

Tensions between the finance ministry and RBI have risen since the bank's deputy governor said in a speech on Friday that undermining a central bank's independence could be potentially catastrophic

from Latest News https://ift.tt/2PtF4TJ

Why govt and RBI are at loggerheads: Here's a list of issues they differ on

From a banking crisis to interest rates, the RBI has often found itself on opposing sides to government officials this year

from News https://ift.tt/2yEjLVR

Arun Jaitley criticises RBI for 'indiscriminate' lending during UPA years

Tensions between the finance ministry and RBI have risen since the bank's deputy governor said in a speech on Friday that undermining a central bank's independence could be potentially catastrophic

from News https://ift.tt/2PtF4TJ

If bitcoin wins, climate loses out: Will a cryptocurrency kill Paris goals?

A report tries to think through the side effects of the dramatic success of bitcoin

from Latest News https://ift.tt/2OX7zK5

Groups mask partisan attacks behind neutral-sounding names in Facebook ads

A campaign or outside group can set up many Facebook pages, each corresponding to a specific race or target demographics, and then put those pages' messages in front of voters with ads

from Latest News https://ift.tt/2CRfwZZ

China's king of internet fluff 'ByteDance' wants to conquer the world

Bytedance, which owns Tik Tok and Musical.ly, recently secured $3 bn in new funding from SoftBank and others and has found a rare measure of success by doing things a little differently

from Latest News https://ift.tt/2yI4ELk

PSBs extend gain; Union Bank, Indian Bank up over 8%

Nifty PSU Bank index was up 4% at 2,890 at 12:15 PM; surging 12% in past two trading days, as compared to 2% rise in Nifty 50 index.

from Latest News https://ift.tt/2Jr9NLU

Walmart kicks off U.S. holiday season with faster checkout, digital store maps

Walmart's new "Check out with Me" feature will allow customers to bypass the checkout lines and pay for items in the product department where they are shopping.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zeXL3H

Lydia Freeman joins Accolade Wines as marketing manager

She previously worked for Noble Foods

from The Grocer - latest headlines https://ift.tt/2OZSoQz

Holland & Barrett hires George Goley as first tech chief

Both new hires will report directly to CEO Peter Aldis

from The Grocer - latest headlines https://ift.tt/2OfpLtc

Jubel wins Sainsbury's listing for fruit-infused beers

The listing comes as part of Sainsbury’s ongoing drive to differentiate itself by adding an increasing number of startup brands.

from The Grocer - latest headlines https://ift.tt/2yMGCyX

Henderson Group accelerates bespoke self-checkout rollout

A total of 40 lanes would be installed by the end of this year

from The Grocer - latest headlines https://ift.tt/2OfpKWa

OnePlus 6T has minor, yet interesting upgrades over predecessor: Know more

Apart from new format screen and in-display fingerprint sensor, the OnePlus 6T gets an improved operating system and host of new software-based features that makes it an interesting upgrade

from Latest News https://ift.tt/2DcHssr

Worst may be over for silver, is likely to deliver better returns than gold

Expectations of a weak dollar and support from gold will help silver prices recover, say experts

from Latest News https://ift.tt/2RtAPFp

PKL 2018: Telegu Titans hope to end losing streak, take on Patna Pirates

In the 39th match of PKL 2018, Puneri Paltan will face Gujarat Fortunegiants, while in the 40th match, Patna Pirates will face Telugu Titans

from Latest News https://ift.tt/2PzB44s

Here's how to check if your airline fulfils aviation safety standards

Governing bodies in the US and the EU publish their evaluations of airlines, often by country, and provide resources for fliers when determining if their carrier is on a safety blacklist

from Latest News https://ift.tt/2AChgVL

Early polls vs President's impeachment: How to solve the Sri Lanka crisis

In a letter to President Sirisena, speaker Karu Jayasuriya indicated that he believed that Wickremesinghe still has the confidence of parliament

from Latest News https://ift.tt/2DfG2xk

The statue of unity: Can it become the new magnet of tourism for India?

History shows that once-in-a-lifetime structures like the Statue of Unity create opportunities around them, especially in tourism, that create a positive return on investment in just a few decades

from Latest News https://ift.tt/2Svou4P

What the women's movement today can learn from 19th-century social reforms

How Raja Rammohun Roy and Ishwar Chandra Vidyasagar helped abolish the sati system and 'permanent widowhood'.

from Latest News https://ift.tt/2JosUpS

InterGlobe Hotels plans to invest Rs 10 billion, expand ibis hotels network

Singh said the company is looking at 18-19 new cities for an expansion besides building more hotels in its existing markets

from Latest News https://ift.tt/2yGfT6R

Sri Lanka braces for protest over PM Wickremesinghe's sacking today

Wickremesinghe's United National Party (UNP) is set to hold a protest on Tuesday in the capital, Colombo

from Latest News https://ift.tt/2Rm2k3C

Jaitley to chair FSDC meeting today even as RBI, govt lock horns in public

The latest meeting comes amid concerns about the role of the 'super-regulator'

from Latest News https://ift.tt/2ACeRud

Select stocks excluded from ASM list surge; Kiri Ind, Bombay Dyeing up 10%

Jindal Worldwide, Emami Infra, Dhampur Sugar, Bombay Dyeing & Manufacturing, TVS Electronics and Manpasand Beverages have locked in their respective upper limit of circuit filter.

from Latest News https://ift.tt/2RqC9J3

IRDAI draft proposal to suit customer needs, provide more benefits

Proposals in IRDAI's draft product guidelines like similar minimum death benefit across all ages and extending the revival period to five years are positives

from Latest News https://ift.tt/2Q3qY8I

Lanka crisis shows that democracies won't swing into India or China camps

Sri Lanka has barely emerged from a decades-long civil war; it is not ready to become another front in an India-China cold war for control of the Indian Ocean

from Latest News https://ift.tt/2Q4H4z2

Glenmark pharma gets USFDA nod for generic Derma-Smoothe Topical Oil

Glenmark Pharmaceuticals Tuesday said it has received final approval from the US health regulator for generic version of Derma-Smoothe Topical Oil, used in the treatment of scalp psoriasis. "Glenmark Pharmaceuticals Inc, USA (Glenmark) has been granted final approval by the United States Food & Drug Administration (USFDA) for Fluocinolone Acetonide Topical Oil, 0.01 per cent (scalp oil), a generic version of Derma-Smoothe/FS Topical Oil, 0.01 per cent (scalp oil), of Hill Dermaceuticals, Inc," the company said in a BSE filing. For the 12 months to September 2018, DermaSmoothe/FS Topical Oil, 0.01 per cent (scalp oil), achieved annual sales of around USD 14 million, Glenmark said, citing IQVIA sales data. The company's current portfolio consists of 141 products authorised for distribution at the US marketplace and 58 Abbreviated New Drug Applications (ANDAs) pending approval with the USFDA. The company's stock was trading at Rs 607.35 apiece, up 0.41 per cent, on the BSE.

from Latest News https://ift.tt/2Pyh1Da

Fuel prices continue to drop for 13th day, petrol at Rs 79.55/ltr in Delhi

In 13 straight cuts, petrol price has been reduced by Rs 3.28 per litre and diesel by Rs 1.84 a litre in Delhi

from Latest News https://ift.tt/2OgY0Rj

NASA's Parker Solar Probe breaks record, reaches closest ever to the sun

The previous record for closest solar approach was set by the German-American Helios 2 spacecraft in April 1976

from Latest News https://ift.tt/2qgwpG6

Sensex in Jekyll and Hyde mode as investors weigh outcomes of state polls

The S&P BSE Sensex swung between gains and losses to fall 0.2 per cent to 34,014.17 as of 9:44 a.m. in Mumbai

from Latest News https://ift.tt/2Q6ahts

Udta India: From Bengaluru to Amsterdam and Chandigarh to Bangkok

A Business Standard analysis of flying patterns reveals that there is a massive boom of Indians flying out from some cities and going to some others

from Latest News https://ift.tt/2SuzcZ5

Why India's adoption rate is abysmal despite its 30 million abandoned kids

There aren't enough children available for adoption because the ratio of abandoned children to children in institutionalised care is lopsided

from Latest News https://ift.tt/2zeY7aj

RBI rift: Govt unhappy with Reserve Bank for making differences public

Governments that do not respect central bank independence will sooner or later incur the wrath of financial markets, Acharya said

from Latest News https://ift.tt/2Rl7ywr

Sugar stocks gain as ISMA lowers production estimate for 2018-19 season

Dhampur Sugar, Balrampur Chini, Dalmia Bharat Sugar, Uttam Sugar, Triveni Engineering & Industries, Dwarikesh Sugar and Thiru Arooran were up 3% to 10% on the BSE.

from Latest News https://ift.tt/2SsiFVz

Twitter's 'Like' button may disappear soon as company considers removing it

Some expressed fears that without the button, retweets and argument would be the only means of communication, reports The Verge

from Latest News https://ift.tt/2OcAPYh

Sushant Singh Rajput, Sara Ali Khan's 'Kedarnath' to release on December 7

Mansoor is a reserved porter who lives with his widowed mother in a hamlet called Rambara and helps pilgrims make an arduous journey upwards to the temple town

from Latest News https://ift.tt/2qeAoDc

Individual crorepatis grew more than companies in Modi govt's first 3 years

The number of companies that declared an income of more than Rs 10 million in 2016-17 was only 39,753, much below the number of individual crorepatis

from Latest News https://ift.tt/2Q0g9nU

From lascars to migrant workers: Indian diaspora in New Zealand, Australia

The story of Indians in New Zealand dates back to December 1769, just two months after the first European landing in the country by Captain James Cook

from Latest News https://ift.tt/2JoRcjE

Lenders to take 56% haircut in the dirty dozen companies under IBC process

Banks to get back around Rs 1,146 bn against Rs 2,564 bn debt

from Latest News https://ift.tt/2PsQUNZ

Will Washington State voters opt for carbon fee? Polling says close vote

As of now, about 40 governments around the world, including the European Union and California, have put a price on carbon

from Latest News https://ift.tt/2CSpURB

Amazon's Bezos breaks Zuckerberg's record, loses $19.2 bn over 2 days

Technology stocks led Monday's declines, with the Nasdaq Composite Index sliding to its lowest since April

from Latest News https://ift.tt/2Ro8O1M

High oil prices hurting consumers, to have impact on producers: IEA Chief

'Many countries' current account deficits have been affected by high oil prices

from Latest News https://ift.tt/2Q4u78h

US awards construction contract for its new embassy building in Delhi

The new design restores the early modernist Chancery Building and recasts the 28-acre embassy compound into a multi-functional campus

from Latest News https://ift.tt/2CQWnHB

Walmart kicks off U.S. holiday season with faster checkout, digital store maps

Walmart's new "Check out with Me" feature will allow customers to bypass the checkout lines and pay for items in the product department where they are shopping.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zeXL3H

India’s first container movement on inland waterways with PepsiCo on-board

“It will be country’s first container movement on Inland Vessel post-independence scheduled on Tuesday,” the shipping ministry said in a statement.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2z7wPCK

Why restaurants are becoming smaller

"The impact from delivery is the greatest shift we’ve seen yet," said Fox, who has been at Firehouse for 15 years. "We’re investing in where the business is going, which is off site."

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2CPtL1G

Uber goes to British court today to defend business model over UK worker rights; CEO says will preserve flexibility of contracts

Rights at firms such as Uber, fellow taxi service Addison Lee and food courier Deliveroo have risen up the political agenda in Britain as more people work for companies without fixed hours or a guaranteed income.

from Latest News Business on Firstpost https://ift.tt/2DcNyJ8

Sensex, Nifty turn choppy on weak global cues, FPI selloff; Tata Steel, TCS, IndusInd Bank among top losers

The BSE Sensex was trading 31.63 points, or 0.09 percent, lower at 34,035.77. It had dropped 130.16 points on opening trade.

from Latest News Business on Firstpost https://ift.tt/2JritBK

Rupee falls 16 paise to 73.61 against dollar in early trade; currency hit by sustained foreign fund outflows

Traders said the US dollar's strength against some currencies overseas and a lower opening in the domestic equity markets also weighed on the local unit.

from Latest News Business on Firstpost https://ift.tt/2DcNucm

Indo-Japan currency swap accord: Prime Minister Narendra Modi's move will boost forex reserves, support rupee

The swap facility with Japan is definitely a big positive for the forex market and a positive step in firming up the rupee and should be read well by the participants

from Latest News Business on Firstpost https://ift.tt/2DcNol0

India, Japan sign $75 bn bilateral currency swap agreement; will help bring stability in forex, capital markets

The currency swap agreement will enable the agreed amount of foreign capital being available to India for use as and when need arises

from Latest News Business on Firstpost https://ift.tt/2JotS5B

'Donald Trump adminstration's policies on H-1B visas creating uncertainties among small IT firms in US'

The denial rate of H-1B visas is 40-plus percent currently and as a result, many have been forced to leave the US

from Latest News Business on Firstpost https://ift.tt/2D9MAgQ

Uber, Ola strike to continue in Mumbai as 20% demands not met, says union; agitation enters ninth day

The strike of the Ola and Uber drivers will continue until their demands are met, said the Maharashtra Rajya Rashtriya Kamgar Sangh.

from Latest News Business on Firstpost https://ift.tt/2JnwbWm

HDFC Bank gets Reserve Bank of India approval to retain Aditya Puri as CEO for two more years

Aditya Puri has been with the bank since 1994, making him the longest-serving head of any private bank in the country

from Latest News Business on Firstpost https://ift.tt/2qg4SVj

Govt very upset with Reserve Bank of India for making rift public, holds Urjit Patel responsible

Government officials have recently called for the Reserve Bank of India to relax its lending restrictions on some banks

from Latest News Business on Firstpost https://ift.tt/2CRJDAS

Oil prices fall on rising supply, global market woes

By Henning Gloystein SINGAPORE (Reuters) - Oil prices fell on Tuesday, dragged down by ongoing weakness in global stock markets and by signs of rising global supply despite looming sanctions on Iran's crude exports. Front-month Brent crude oil futures were at $76.78 a barrel at 0040 GMT, down 56 cents, or 0.8 percent, from their last close

from Latest News Business on Firstpost https://ift.tt/2qjlg7p

Wall Street drops on trade worries, S&P500 nears correction

By Lewis Krauskopf (Reuters) - U.S. stocks fell in a volatile session on Monday, with the benchmark S&P 500 index ending close to confirming its second correction of 2018, hurt by fresh worries about U.S.-China trade policy tensions and a sharp drop in the big technology and internet shares

from Latest News Business on Firstpost https://ift.tt/2CRJuNQ

U.S. steel tariff fight stirs up a swarm of WTO litigation

By Tom Miles GENEVA (Reuters) - The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over U.S. metals tariffs, and said it was hopeful of settling the issue with Mexico and Canada. The U.S

from Latest News Business on Firstpost https://ift.tt/2qqehdb

Wall Street drops on trade worries, S&P nears correction

By Lewis Krauskopf (Reuters) - U.S.

from Latest News Business on Firstpost https://ift.tt/2CRJmhk

Exclusive: Wells Fargo says auto insurance remediation will not wrap up until 2020

By Patrick Rucker WASHINGTON (Reuters) - Wells Fargo & Co will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until at least 2020, the bank said in a letter to U.S. lawmakers seen by Reuters. U.S

from Latest News Business on Firstpost https://ift.tt/2qeAXgi

U.S. plans more China tariffs if Trump-Xi meeting fails - Bloomberg

(Reuters) - The United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war, Bloomberg reported on Monday.

from Latest News Business on Firstpost https://ift.tt/2CRJgGu

Airbus 2018 delivery goal questioned by analysts ahead of results

By Tim Hepher HONG KONG (Reuters) - Airbus will have to equal a record final quarter for deliveries if the European planemaker is going to meet its overall 2018 targets following a series of production setbacks. Flight Ascend, a UK-based consultancy which monitors fleet developments worldwide, told aircraft investors in Hong Kong that Airbus may struggle to meet its target for 800 total aircraft deliveries this year

from Latest News Business on Firstpost https://ift.tt/2qh9fzx

Global stocks slide as investors remain cautious

By David Randall NEW YORK (Reuters) - An early gain on Wall Street fizzled and sent global stocks lower on Monday as investors remained cautious despite IBM's $34 billion deal to purchase Red Hat Inc and Standard & Poor's decision to keep Italy's credit rating unchanged. In late afternoon trading, The Dow Jones Industrial Average fell 319.63 points, or 1.29 percent, to 24,368.68, the S&P 500 lost 26.06 points, or 0.98 percent, to 2,632.63 and the Nasdaq Composite dropped 145.70 points, or 2.03 percent, to 7,021.52.7,021.52.

from Latest News Business on Firstpost https://ift.tt/2CP8SDD

Oil dips as Russia signals output will stay high

By Stephanie Kelly NEW YORK (Reuters) - Oil prices edged lower on Monday, with futures on track for the worst monthly performance since mid-2016, after Russia signalled that output will remain high and as concern over the global economy fuelled worries about demand for crude. Brent crude futures fell 28 cents to settle at $77.34 a barrel

from Latest News Business on Firstpost https://ift.tt/2qkiEGA

UK airlines hit out at higher levy on long-haul flights

LONDON (Reuters) - Britain's aviation industry hit out at the government on Monday over its decision to increase a tax on long-haul flights, saying it made a mockery of the government's ambition for a 'Global Britain' after it leaves the European Union. British finance minister Philip Hammond said in his annual budget that Air Passenger Duty (APD) would be frozen for short-haul flights but would rise in line with inflation for long-haul.

from Latest News Business on Firstpost https://ift.tt/2CR5I2r

Wall Street rally fizzles as tech, Amazon falter

By Lewis Krauskopf (Reuters) - Declines in big tech and Internet stocks such as Amazon pushed the Nasdaq lower on Monday, while strength in financial shares mitigated declines for the S&P 500 as investors grappled with a recent spike in market volatility.

from Latest News Business on Firstpost https://ift.tt/2qjyC3q

Red Hat jumps, IBM shares dip on cloud mega-merger

By Pushkala Aripaka (Reuters) - IBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software maker about 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids. At $172, shares of Red Hat were still trading around $18 short of the $190 price agreed by the two companies in Sunday's announcement, and analysts said that pointed to some remaining nerves among investors over the chances of the deal closing. The breakup fee for the deal, which would be among the largest on record in the tech sector, has yet to be announced and a high fee would also deter Red Hat from entertaining other buyers

from Latest News Business on Firstpost https://ift.tt/2CMTU0S

Colombia's glass half empty? Finance minister stirs investor concern

By Helen Murphy and Nelson Bocanegra BOGOTA (Reuters) - For some, Colombian Finance Minister Alberto Carrasquilla's stark warnings of the "monumental challenges" facing government finances are a calculated gamble to push through unpopular tax reforms. His tone ruffled feathers when he took office in August as part of new President Alvaro Duque's centre-right cabinet.

from Latest News Business on Firstpost https://ift.tt/2qgx0aO

Hedge fund BBL goes bullish on diesel, bearish on oil for 2019

By Julia Payne and Ron Bousso LONDON (Reuters) - The market has underestimated the impact of a change in marine fuel oil rules that will turn diesel into 2019's big winner, while crude prices will cool down to around $65 a barrel, a top hedge fund manager told Reuters. Growing concerns over global economic growth and trade wars are expected to weigh on oil prices next year, New York-based BBL Commodities founder Jonathan Goldberg told the Reuters Global Commodities Summit. Crude oil recently rose to a four-year high on the back of declining Venezuelan output and an expected major hit on Iranian exports once U.S.

from Latest News Business on Firstpost https://ift.tt/2CP4uEI

The statue of unity: Can it become the new magnet of tourism for India?

History shows that once-in-a-lifetime structures like the Statue of Unity create opportunities around them, especially in tourism, that create a positive return on investment in just a few decades

from News https://ift.tt/2Svou4P

CAD, rupee woes: India increases size of currency swap with Japan to $75 bn

Technically called the bilateral currency-swap agreement, this facility will enable India to save up to $75 billion on tap when the need arises

from News https://ift.tt/2yHJpsX

Tata-Adani power projects get Supreme Court window; CERC to look at PPAs

The CERC will take views of all the stakeholders to revise tariff of imported coal-based power projects in Gujarat

from News https://ift.tt/2AyrlTk

Union Bank of India reports Rs 1.39 billion net profit in Q2 FY19

The bank had reported a net loss of Rs 15.3 billion in the July-September period of 2017-18

from News https://ift.tt/2qdybIa

Refractories, sponge iron, re-roller SMEs to piggyback steel demand: CRISIL

Momentum in the infrastructure sector is expected to take this number up even further in the near-term, benefiting SMEs

from News https://ift.tt/2Q2hJ8J

Jayant Sinha asks FM to bring ATF under GST as rupee, oil woes hit airlines

The Ministry of Civil Aviation and Petroleum Ministry have asked the Ministry of Finance and all the states to consider bringing ATF under the GST framework

from News https://ift.tt/2zdZaav

Govt mulls duty hike on aluminium after industry raises alarm over dumping

The industry has also urged the government to consider imposing minimum import price and some kind of quota on the imports for the user industry

from News https://ift.tt/2zeWFoe

Gadkari to lay foundation of Rs 18 bn dry dock at Cochin Shipyard on Tue

The commercial ship building industry in India is worth Rs 32 billion and focuses primarily on small-medium sized offshore vessels and cargo/bulk carriers

from News https://ift.tt/2qhcXsI

15 more cities will soon have over 660-km of metro tracks: H S Puri

The state governments and union territories have been advised to prepare and submit the Detailed Project Report (DPR) in line with the provisions in the Metro Rail Policy 2017

from News https://ift.tt/2EO6UpK

Institutions will soon have to file I-T exemption application online: CBDT

The department sought comments from stakeholders by November 12 on the amended rules

from News https://ift.tt/2qgL447

Impact of a falling rupee: Rs 280-bn solar projects face viability risk

These Rs 280 billion worth of solar power capacities include 5,500 MW of projects bid out in the past nine months at very low tariffs of Rs 2.75 per unit or less

from News https://ift.tt/2AxSFkO

India may postpone duty hike for 29 US products by 45 days a third time

Senior officials of India and the US are in discussions to finalise a kind of trade deal

from News https://ift.tt/2Rm7s7H

Rupee fall puts Rs 280 bn solar power projects at viability risk: Crisil

They are in the early phase of implementation and unlikely to have bought solar modules for orders

from News https://ift.tt/2RgGLkE

Economic system works via cooperation: Vijaya Bank MD & CEO on RBI-govt row

In recent months, the RBI and the government have been apparently differing on certain issues

from News https://ift.tt/2CNIfyR

Kerala's post-flood rebuilding efforts get boost from Fitch, S&P's ratings

In a major boost to its redevelopment efforts, flood-ravaged Kerala Monday got a 'BB' rating with a stable outlook for its long-term foreign and local-currency debt from international rating agency Fitch. This is the second global rating for the state after a similar rating by the larger rival S&P on September 20. The ratings will help the state mop up overseas debt instruments at competitive prices. For both the agencies, this is their maiden rating on a state government in the country. Kerala is seeking over Rs 15,000 crore from the World Bank to rebuild itself after the worst deluge in its modern history in August, which ravaged the entire state and killed nearly 500 people. The floods lasting a fortnight was the worst in a century after the deluge of 1924. The World Bank had last week pegged the losses from the disaster at over Rs 31,000 crore. Rival agency S&P had in September given a similar rating to the various debt instrument of Kerala, helping it mop ..

from News https://ift.tt/2qoCZKZ

PM Modi in Japan: New Delhi, Tokyo sign $75 bn currency swap agreement

The agreement should help bring greater stability to foreign exchange and capital markets in India

from News https://ift.tt/2qgKeEs

RBI allows banks for fire audit of currency chests by approved agencies

There are 3,975 currency chests in the country, with as many as 2,575 being managed by State Bank of India

from News https://ift.tt/2OdHTnc

Against 2 mn tonne govt goal, mills earmark 500k tonnes sugar for ethanol

Lack of ethanol producing capacity a major stumbling block; green fuel makers not satisfied with incentive structure, reluctant to boost production

from News https://ift.tt/2qgURHB

Cochin Shipyard's Rs 18-bn 3rd dry dock to make Kochi one-stop maritime hub

With this project, India will emerge as a major ship repair centre on par with Colombo, Dubai, Singapore, Bahrain

from News https://ift.tt/2Q3NAGn

Modi meets Abe, discusses Indo-Pacific situation, other bilateral issues

Modi described India and Japan as a 'winning combination' and said the island nation was New Delhi's most trusted partner in its economic and technological modernisation

from News https://ift.tt/2JlMcMt

Sushma Swaraj meets Emir of Qatar, seeks to enhance bilateral ties

External Affairs Minister Sushma Swaraj on Monday met Emir of Qatar Sheikh Tamim Bin Hamad Al-Thani and discussed ways to move forward on the roadmap set by the top leaders of the two countries. Swaraj arrived here on Sunday on the first leg of her four-day visit to Qatar and Kuwait. "EAM @SushmaSwaraj called on Emir of Qatar, Sheikh Tamim Bin Hamad Al Thani. Recalled with fondness the visit of Emir to India in March 2015 that was reciprocated by PM Modi in June 2016 & discussed ways to move forward on the roadmap set by the leaders," External Affairs Ministry Spokesperson Raveesh Kumar tweeted. Kumar on Sunday said that this is the first-ever visit by an Indian External Affairs Minister (EAM) to Qatar. Swaraj will also interact with the Indian community in Doha during her two-day stay on October 28 and 29, it said. The visit is in pursuit of India's objective of enhanced engagement with the Gulf region which is in India's extended neighbourhood, the MEA said. India and Qatar ...

from News https://ift.tt/2Pr1ANi

Russia eyes investments in smart cities, railways, transport: Suresh Prabhu

The key areas of Russian investments have been oil and gas, defence equipment supplies, power and large-scale infrastructure project

from News https://ift.tt/2RgrsIW

China, India, oil price spike worries to test US' Iran sanctions resolve

India has told the US that rising energy costs caused by a weak rupee and high oil prices mean zeroing out Iranian purchases will be impossible until at least March

from News https://ift.tt/2qiAKsw

Mondelez plans price rises to cope with rising freight costs

Mondelez's move comes after rival Hershey Co last week said it would raise prices to ease pressures on margins.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2CQY0Fy

Colgate-Palmolive India Q2 profit up 10% to Rs 196 crore

The company had posted a net profit of Rs 177.57 crore in the July-September quarter last year.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2P1Ijmh

India’s first container movement on inland waterways with PepsiCo on-board

“It will be country’s first container movement on Inland Vessel post-independence scheduled on Tuesday,” the shipping ministry said in a statement.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2z7wPCK

At 32 MT, India's sugar output may remain below prior forecast for 2018-19

The sugar output is now seen at 32 million tonnes for the season that began on Oct. 1, down from its previous forecast of 35-35.5 million tonnes

from Latest News https://ift.tt/2Q0Rr6Q

Sushma Swaraj meets Emir of Qatar, seeks to enhance bilateral ties

External Affairs Minister Sushma Swaraj on Monday met Emir of Qatar Sheikh Tamim Bin Hamad Al-Thani and discussed ways to move forward on the roadmap set by the top leaders of the two countries. Swaraj arrived here on Sunday on the first leg of her four-day visit to Qatar and Kuwait. "EAM @SushmaSwaraj called on Emir of Qatar, Sheikh Tamim Bin Hamad Al Thani. Recalled with fondness the visit of Emir to India in March 2015 that was reciprocated by PM Modi in June 2016 & discussed ways to move forward on the roadmap set by the leaders," External Affairs Ministry Spokesperson Raveesh Kumar tweeted. Kumar on Sunday said that this is the first-ever visit by an Indian External Affairs Minister (EAM) to Qatar. Swaraj will also interact with the Indian community in Doha during her two-day stay on October 28 and 29, it said. The visit is in pursuit of India's objective of enhanced engagement with the Gulf region which is in India's extended neighbourhood, the MEA said. India and Qatar ...

from Latest News https://ift.tt/2Pr1ANi

Russia eyes investments in smart cities, railways, transport: Suresh Prabhu

The key areas of Russian investments have been oil and gas, defence equipment supplies, power and large-scale infrastructure project

from Latest News https://ift.tt/2RgrsIW

Artist Kate Boxer reimagines Berry Bros & Rudd claret label

Seven thousand bottles of the 13.5% abv wine have rolled out with a new design by the artist

from The Grocer - latest headlines https://ift.tt/2ESgV5j

City snapshot: Chancellor to announce High Street rates relief

The Chancellor is set to attempt to ease the pressure high street retailers by cutting business rates bills by a third for almost half a million small high street shops, Patisserie Valerie is the centre of takeover bid and the rest of the City news

from The Grocer - latest headlines https://ift.tt/2Awyt2P

Artist Kate Boxer reimagines Berry Bros & Rudd claret label

Seven thousand bottles of the 13.5% abv wine have rolled out with a new design by the artist

from The Grocer - more product marketing news & analysis https://ift.tt/2ESgV5j

Nasa's hubble space telescope back to normal, completes first observations

On Friday, Hubble performed activities similar to science observations, including rotating to point at different sky locations, and locking on to test targets

from Latest News https://ift.tt/2COvhBe

Touring poll-bound MP, 'Shiv bhakt' Rahul visits Mahakaleshwar temple

It was Gandhi's second visit to the shrine. He had last visited the temple in 2010, a party leader said

from Latest News https://ift.tt/2CMCr8U

Ram temple: VHP says Hindus can't wait forever for SC verdict, seeks law

A three-judge bench, headed by Chief Justice Ranjan Gogoi, said an "appropriate bench" will decide in January next year the future course of hearing on the appeals filed against the Allahabad HC

from Latest News https://ift.tt/2qgw4U1

What if Hindus lose patience on Ram temple, asks BJP minister Giriraj Singh

CJI Ranjan Gogoi said an 'appropriate bench' will decide in January 2019 the future course of hearing on the appeals filed against the Allahabad High Court verdict in the Ayodhya land dispute case

from Latest News https://ift.tt/2CN3xg3

Fuel rates cut for 12th straight day; petrol price down by 30 paise, diesel 20 paise per litre in Delhi

In 12 days petrol price has been cut by Rs 3.08 per litre and diesel by Rs 1.84 a litre in Delhi

from Latest News Business on Firstpost https://ift.tt/2yFqNtP

Vijaya Bank Q2 net profit falls 24% to Rs 140 cr; gross non-performing assets decline to 5.86%

Shares of Vijaya Bank were trading 5.91 percent higher at Rs 43 apiece on BSE.

from Latest News Business on Firstpost https://ift.tt/2Odpffc

ICICI Bank shares soar over 9% to Rs 344 despite posting 42% drop in consolidated net profit in Q2

ICICI Bank on Friday reported a 42 percent drop in its consolidated net profit to Rs 1,204.62 crore in the September 2018 quarter, on account of rise in bad loans.

from Latest News Business on Firstpost https://ift.tt/2yFqKhD

Demonetisation: RBI Governor Urjit Patel to brief parliamentary panel for the third-time on 12 November

Patel has been called on 12 November to brief the committee's members on demonetisation of Rs 500 and Rs 1,000 notes and the "ramifications thereof"

from Latest News Business on Firstpost https://ift.tt/2Odp8Ai

Viral Acharya is right; RBI should be left alone to do its job, not coerced for political reasons

The central bank is not a part of the government and is agnostic to political agendas but has to function within the realm of the government.

from Latest News Business on Firstpost https://ift.tt/2Oat9pf

Wrong time to fight? RBI-govt dispute can further damage investor sentiment

If the standoff with the government gets any worse, a test of the central bank's dire warning could come soon

from Latest News https://ift.tt/2OWvREh

After Acharya's remarks, RBI employees association seeks bank's autonomy

Pitching for "effective independence", RBI Deputy Governor Viral Acharya had said govts that do not respect central bank's independence would sooner or later incur the wrath of the financial markets

from Latest News https://ift.tt/2OWpfFN

What Sri Lankan constitution says about President's power to sack PM

The prime minister can only be dismissed if the Cabinet of ministers is dismissed, the prime minister resigns or the prime minister ceases to be a member of parliament

from Latest News https://ift.tt/2Snbu0S

Reliance Nippon Life Insurance Q2 premium rises 8% to Rs 10.42 billion

Its renewal premium during the period under review rose four per cent to Rs 7.92 billion

from Latest News https://ift.tt/2Pv7tsw

WhatsApp partners CII to train SMEs, entrepreneurs in biz communication

WhatsApp and CII will also develop informative content to be distributed among entrepreneurs both in physical and digital formats

from News https://ift.tt/2qeveXA

Bengaluru home-buying sees fastest pick-up among metros this year: Anarock

The report tracked Bengaluru's residential real estate trends since 2013, factoring in the city's evolution in terms of infrastructure development, transport and connectivity

from News https://ift.tt/2Q24ODP

India vs West Indies 4th ODI Live Scorecard

India vs West Indies 4th ODI Live Scorecard

from Latest News https://ift.tt/2Q3fpOO

After years of global success, Mukesh Ambani's RIL faces oil shock at home

Rising crude prices and a tumbling rupee combined to push domestic fuel prices to records, undermining Reliance's retail strategy despite some relief from a dip in crude prices in recent weeks

from Latest News https://ift.tt/2D7MRko

WhatsApp partners CII to train SMEs, entrepreneurs in biz communication

WhatsApp and CII will also develop informative content to be distributed among entrepreneurs both in physical and digital formats

from Latest News https://ift.tt/2qeveXA

Rajapaksa assumes charge as new Sri Lankan Prime Minister

Sirisena on Friday night sacked Wickremesinghe and appointed Rajapaksa as the new prime minister in a surprise move that is being debated as a constitutional coup

from Latest News https://ift.tt/2zaJTY6

EU air quality improving, but still causes half a million deaths every year

The report also found that 76,000 early deaths were linked to nitrogen dioxide and some 16,400 to ground-level ozone in EU countries in the same year

from Latest News https://ift.tt/2SrOYny

Good news for job seekers: IT sector hiring seen to rising in coming months

Startups will contribute substantially to the IT employment in India as the industry has an ever growing set of startups

from Latest News https://ift.tt/2Q19Ksz

PropTiger enters global realty brokerage to tap NRI demand, weak rupee

PropTiger said that the UAE is home to close to three million Indians, of which the majority lives in Dubai, Abu Dhabi and Sharjah

from Latest News https://ift.tt/2qev8zc

Bengaluru home-buying sees fastest pick-up among metros this year: Anarock

The report tracked Bengaluru's residential real estate trends since 2013, factoring in the city's evolution in terms of infrastructure development, transport and connectivity

from Latest News https://ift.tt/2Q24ODP

Hyundai scion rejigs top brass, plans to revive firm with AI, electric cars

The reshuffle came after Hyundai Motor reported last week that its third-quarter net profit plunged by two-thirds, hit by a $440 million one-off charge related to US recalls

from Latest News https://ift.tt/2qhRdwS

How FBI tailed pipe bomb suspect using a fingerprint, spelling mistakes

As the packages rolled in, technicians hit a breakthrough: a fingerprint and DNA left on a package sent to Rep. Maxine Waters

from Latest News https://ift.tt/2zaJNQe

Media bites 29 October: Asda, Patisserie Valerie, Sainsbury's

Asda said it is considering slashing up to 2,500 jobs as the UK’s third-largest supermarket chain faces mounting competitive pressures.

from The Grocer - latest headlines https://ift.tt/2Q2eU7O

India vs West Indies 4th ODI LIVE: India win toss, decide to bat first

Both India and West Indies would look to take lead as the series stand 1-1

from Latest News https://ift.tt/2D988u9

Former Bangladesh PM Khaleda Zia sentenced to 7 years in another graft case

Earlier in the day, Bangladesh's Supreme Court cleared the way for a lower court to deliver its verdict in the case by rejecting Zia's plea to halt the proceedings

from Latest News https://ift.tt/2Jn8nBZ

Indonesia plane crash: Jakarta accident is not the first for Lion Air

Monday's disaster was a blow to the country's aviation safety record after the lifting of bans on its airlines by the European Union and US

from Latest News https://ift.tt/2D8Fh9b

Train 18, India's first engine-less train, is also the country's fastest

Safety to amenities, Train 18 will be second to none.

from News https://ift.tt/2PzCtbf

SBI, Hitachi form JV to boost digital payments, card acceptance platforms

Hitachi will contribute to the development and expansion of digital payments service in India by creating an online platform

from Latest News https://ift.tt/2AxmPoc

Reliance Jio offers 100% Diwali cashback, unlimited yearly plan at Rs 1,699

The cashback will be given in 'Reliance digital coupons' and customers who are active RJio users and are enrolled in the 'Jio Prime' membership will be eligible for it

from Latest News https://ift.tt/2EQ8aJ2

Train 18, India's first engine-less train, is also the country's fastest

Safety to amenities, Train 18 will be second to none.

from Latest News https://ift.tt/2PzCtbf

PCA rejig hope: Nifty PSU Bank index up 7%; OBC, Union Bank rally 10%

SBI, Bank of India, Indian Bank, Canara Bank, Oriental Bank of Commerce, Bank of India, Union Bank of India, Punjab National Bank, Bank of Baroda and Syndicate Bank were up in the range of 6% to 12%.

from Latest News https://ift.tt/2CNer5F

Indonesia plane crash: India-born Captain Suneja among 188 feared dead

India born Bhavye Suneja had joined Lion Air in Jakarta in March 2011

from Latest News https://ift.tt/2qgKW4x

Govts, firms take note: Central banks won't cushion market, economy anymore

Central banks are dead serious about getting out of the business of suppressing volatility, and the process could be approaching critical mass

from News https://ift.tt/2JmHX3k

Italian company to pick up stake in West Bengal's ice-cream company

Jean-Claude Morel, founder-managing partner, Bizdev, Italy, said "Italian companies are very impressed and excited over the positive developments taking place in West Bengal recently.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2CMRfUX

Govts, firms take note: Central banks won't cushion market, economy anymore

Central banks are dead serious about getting out of the business of suppressing volatility, and the process could be approaching critical mass

from Latest News https://ift.tt/2JmHX3k

BHEL announces Rs 16.28 bn buyback; should you tender your shares?

The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange (BSE).

from Latest News https://ift.tt/2OTIGiy

Ayodhya: SC adjourns Ram temple-Babri mosque title dispute case to January

Earlier, a three-judge bench refused to refer to a five-judge constitution bench the issue of reconsideration of the observations in its 1994 judgement that a mosque was not integral to Islam

from Latest News https://ift.tt/2CLWX9D

Paper stocks in focus on strong Q2 results; Seshasayee Paper surges 18%

Ballarpur Industries, JK Paper, West Coast Paper, Star Paper Mills and International Paper APPM were up in the range of 5% to 7%.

from Latest News https://ift.tt/2yDhVoa

Basant, Prashant Jhawar to vote in favour of Usha Martin sale to Tata Steel

Days after the Tata Steel deal, Basant and Prashant Jhawar had raised concerns about the utilisation of funds from the sale

from Latest News https://ift.tt/2DaxzLI

Bhima-Koregaon case: No extension to file chargesheet as SC stays HC order

Earlier,SC had refused to interfere with the arrest of 5 rights activists by Maha Police in connection with the Koregaon-Bhima violence and declined to appoint an SIT for a probe into their arrest

from Latest News https://ift.tt/2zc1AGR

Sri Lanka crisis: What led to Rajapaksa's reappointment as Prime Minister

The move ushers in a new period of political uncertainty in Sri Lanka, which saw economic growth last year hit the slowest pace since 2001

from Latest News https://ift.tt/2Odmivs

Buying, selling Paytm Gold is convenient, but is it worth investing in?

The company has partnered with gold refiner MMTC-PAMP for Paytm Gold

from Latest News https://ift.tt/2CKILxK

Asian Hockey Championship: Akashdeep best player as India, Pak share title

India's P R Sreejesh was declared best goalkeeper of the tournament

from Latest News https://ift.tt/2qg4eXK

Half of Indian teenage girls underweight, anaemic; 4 in 10 defecate in open

This concluding part looks at the status of health and access to sanitation, at a time when 63.2 million teenage Indian girls are set to be first-time voters in 2019

from Latest News https://ift.tt/2OcrIqw

How a bank credit shortage has hijacked Indian real estate's growth story

Some Rs 4.64 trillion ($63 billion) of residential projects are in limbo, according to Anarock

from Latest News https://ift.tt/2OdaLfk

NPA woes: Banks on top of situation, returning to profit; says SBI Chairman

Rajnish Kumar added that the Insolvency and Bankruptcy Code has come as a 'very good tool' in the hands of the banks and the financial creditors

from Latest News https://ift.tt/2RiDkKr

IndusInd Bank hits 17 month low; Bharat Financial touches 52-week low

IndusInd Bank slipped 5% to Rs 1,376, its lowest level since May 22, 2017, falling 32% from its record high level of Rs 2,038 touched on August 3, 2018.

from Latest News https://ift.tt/2OZGsy3

India's crude steel output grows 2%, China's 7.5% in Sept: Worldsteel

The US produced 7.3 MT of crude steel in September 2018, an increase of 9 per cent compared to the same month last year

from Latest News https://ift.tt/2SmUlo2

Pittsburgh massacre: A toxic soup of anti-Semitism online is feeding hatred

The Pittsburgh massacre is only the latest, worst instance of rising anti-Semitism. Americans of conscience must now push back

from Latest News https://ift.tt/2yD6qgP

Meat grown from cells: How companies are clamouring to put it on your plate

Meanwhile, the debate around the regulation of cell-based meat has stepped up significantly

from Latest News https://ift.tt/2yBsick

Chinese brands sold Rs 500 bn worth of smartphones in India in FY18: Report

As per Counterpoint Research's latest analysis on the important Indian smartphone market, the premium smartphone segment (>Rs. 30,000) shipments reached an all-time third quarter peak

from Latest News https://ift.tt/2DanIG2

Investors can either get overwhelmed and panic or hunt for opportunities

The marketmen latched on to the narrative that India did not prosper due to the misdeeds of the past government, but going ahead we should get back on track with the proposed reforms

from Latest News https://ift.tt/2D9b0qR

Cipla gets final nod for generic version of Aralez's Toprol Xl ER tablets

Cipla's Metoprolol ER Tablets 50mg, 100mg, 200mg is AB-rated beta1-selective adrenoceptor blocking agent

from Latest News https://ift.tt/2CLsxEG

India going through massive transformation, will drive global growth: Modi

Modi, who arrived in Japan on Saturday to attend the 13th India-Japan annual summit, detailed India's economic and technological growth during his four-year tenure

from Latest News https://ift.tt/2Od9GUO

The real experiments that inspired the fictional science of Frankenstein

The idea that electricity really was the stuff of life and that it might be used to bring back the dead was certainly a familiar one in the kinds of circles in which the author Mary W Shelley moved

from Latest News https://ift.tt/2qg5cTW

iPad Pro, MacBook Air, new Mac Mini: Apple set to launch slew of devices

Apple hasn't updated the MacBook Air since 2015 but the company is likely to announce a new MacBook Air

from Latest News https://ift.tt/2D8MVQT

Self-driving cars: The AI-backed computer chauffeur is creeping closer

Systems that marry microprocessors, sensors and software to make fully driverless cars possible are in the advanced stages of development

from Latest News https://ift.tt/2EQ5ZoH

Dr Reddy's gains 6% post September quarter results

The stock gained 6.5% to Rs 2,559 after the company reported a good operational performance in September quarter, on account of lower R&D, higher other income, financial income, and lower tax.

from Latest News https://ift.tt/2OToux6

S&P upgrades outlook on TCS to positive on improvement in business position

The rating gency said it may revisit the outlook revision to stable if TCS fails to sustain faster growth or above-average profitability

from Latest News https://ift.tt/2DaCBrO

Govt extends Vedanta's Barmer block production-sharing contract by 10 years

The extension has been granted under the government's policy for extension of Pre-Nelp exploration blocks' PSCs, subject to certain conditions

from Latest News https://ift.tt/2JogH4v

ICICI Bank surges 8% on better-than-expected Q2 results

Net interest income rose 12.4 per cent to Rs 64.18 billion in September 2018, compared with Rs 57.09 billion in the year-ago quarter.

from Latest News https://ift.tt/2z9H49v

Corruption list: How Trump, his family & aides are lining their own pockets

Some historians believe Trump's administration is the most corrupt since at least Warren Harding's, of 1920s Teapot Dome fame

from Latest News https://ift.tt/2yDsxU4

Prime Minister Modi's luck turns: Govt stares at institutional erosion

Recent developments related to the CBI have breathed a new life into the opposition

from Latest News https://ift.tt/2OeUnLw

Divi's Labs surges 14% on strong Q2 results; stock hits record high

The stock surged 14% to Rs 1,433 on the BSE in early morning trade on Monday, after reported a healthy 92% Y-o-Y jumped in net profit at Rs 3.98 billion in September quarter.

from Latest News https://ift.tt/2Oav3X7

PM Modi meets Abe, urges Japanese businessmen to engage more with India

Modi said that the inputs offered at the Business Leaders Forum will propel India to achieve global benchmarking

from Latest News https://ift.tt/2Oc4ali

IBM's biggest acquisition: Strikes $34-bn deal to buy software firm Red Hat

The acquisition illustrates how older technology companies are turning to dealmaking to gain scale and fend off competition, especially in cloud computing

from Latest News https://ift.tt/2D7AnJy

IBC accounts for $14.3 bn worth of distressed assets in M&A space: Kroll

Steel sector has led the space with almost 55% of the total value of distressed asset deals

from Latest News https://ift.tt/2SshcPh

SoftBank may deliver fresh funds to Grofers

SoftBank’s move to further invest in Grofers also puts on hold the on-again, off-again merger talks it has held with bigger rival, Alibaba-backed BigBasket.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2PoBUkp

PepsiCo to invest $5 million in agriculture

The maker of Lay's, Kurkure and cola brands like Pepsi is meeting companies who are investing to digitally connect 10 million retailers along with 600 million consumers with the supplier.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2ORIWOW

Swiggy scores a 232% surge in revenue in FY18 at Rs 442 crore, inches closer to Zomato's FY18 revenue

This implies that Swiggy earned Rs 1.11 for every one rupee it lost in FY18. Swiggy's losses, however, are far deeper than Zomato's Rs 106 crore in FY18.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2CJDsi5

Café Coffee Day aims to have a network of 2,500 stores in 7-8 years

Café Coffee Day, popularly known as CCD, would add around 100 stores every year focusing on the metro markets. Besides and also look to tap the opportunities coming out from the tier II and tier III places.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2OXdMG3

Sensex snaps 2-day losing streak; recovers over 150 points in opening trade, NSE edges up

The 30-share Sensex, which lost 340.78 points Friday, recovered by 173.33 points, or 0.52 percent, to 33,522.64.

from Latest News Business on Firstpost https://ift.tt/2EQKXX8

FinMin seeks input from ministries for Arun Jaitley's next budget speech; govt's last budget before 2019 polls

Finance Minister Jaitley is scheduled to present his 6th consecutive Budget with 2019 being Vote-on-Account.

from Latest News Business on Firstpost https://ift.tt/2PumsmF

Paytm's parent company One97 Communications widens net loss to Rs 1,490.40 cr for FY18

One97 Communications' revenues from operations, however, grew manifold to Rs 2,987.41 crore in FY2017-18 as against Rs 624.76 crore in FY2016-1

from Latest News Business on Firstpost https://ift.tt/2ES2sGx

UIDAI asks banks to use Aadhaar eKYC for govt subsidies, welfare scheme users; various options listed for other customers

Physical Aadhaar card can be used for verification in an offline mode if produced voluntarily

from Latest News Business on Firstpost https://ift.tt/2PqohkB

Essar Group will deleverage Rs 1.25 lakh cr debt if its offer for Essar Steel is accepted

Last week, the Committee of Essar Steel Creditors picked world's largest steelmaker ArcelorMittal's Rs 42,000 crore takeover offer over the company promoter's Rs 54,389 crore proposal to pay off all of the lenders' dues.

from Latest News Business on Firstpost https://ift.tt/2EOKIvJ

RBI deputy governor Viral Acharya criticises Modi govt for undermining bank's independence, warns of 'potentially catastrophic' results

A top Reserve Bank of India official said on Friday that undermining a central bank's independence could be "potentially catastrophic", in comments appearing to push back against government pressure ahead of a general election next year. Government officials have recently called for the RBI to relax its lending restrictions on some banks, and New Delhi has also been trying to trim the RBI's regulatory powers by setting up a new regulator for the country's payments system.

from Latest News Business on Firstpost https://ift.tt/2PqK5fW

How a bank credit shortage has hijacked Indian real estate's growth story

Some Rs 4.64 trillion ($63 billion) of residential projects are in limbo, according to Anarock

from News https://ift.tt/2OdaLfk

Investors can either get overwhelmed and panic or hunt for opportunities

The marketmen latched on to the narrative that India did not prosper due to the misdeeds of the past government, but going ahead we should get back on track with the proposed reforms

from News https://ift.tt/2D9b0qR

IBC accounts for $14.3 bn worth of distressed assets in M&A space: Kroll

Steel sector has led the space with almost 55% of the total value of distressed asset deals

from News https://ift.tt/2SshcPh

India's first inland waterways shipment to start with PepsiCo on Tuesday

The project would enable commercial navigation of vessels with capacity of 1500-2,000 DWT

from News https://ift.tt/2JnD8GQ

Assembly polls: BJP promises to waive agriculture loans if voted in Odisha

the Union minister said that unemployment is growing every year and youths in the state are going out of the state for jobs

from News https://ift.tt/2D9YxmC

RBI Governor Urjit Patel to brief House panel on note ban on Nov 12

The RBI governor will also brief the committee on the banning of the Unregulated Deposit Schemes Bill and related issues

from News https://ift.tt/2qdRYXJ

Banking on IBC, govt expects NPA recoveries to exceed Rs 1.80 trn in FY19

Banks recovered Rs 365.51 billion in the first quarter of 2018-19

from News https://ift.tt/2D9IuWa

NSG urges MHA's help, as military operations remain headless for 6 months

Sources said the non-availability of suitable officers from the Army has been the primary reason that the post is vacant

from News https://ift.tt/2PmfCjh

UIDAI allows banks to use Aadhaar eKYC to authenticate DBT users

The UIDAI wrote to banks after it received legal opinion on the matter, in the wake of a recent Supreme Court verdict

from News https://ift.tt/2z5pqDY

India must act decisively, punitively to protect its interests: Jaishankar

Former foreign secretary S Jaishankar said traditional concepts were no longer effective in guiding policymaking

from News https://ift.tt/2z9xL9J

SoftBank may deliver fresh funds to Grofers

SoftBank’s move to further invest in Grofers also puts on hold the on-again, off-again merger talks it has held with bigger rival, Alibaba-backed BigBasket.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2PoBUkp

PepsiCo to invest $5 million in agriculture

The maker of Lay's, Kurkure and cola brands like Pepsi is meeting companies who are investing to digitally connect 10 million retailers along with 600 million consumers with the supplier.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2ORIWOW

Statsguru: India ranks 58th on WEF's global competitiveness index

The global competitiveness rankings are based on a country's performance on four sub-indices, namely enabling environment, human capital, markets and the innovation ecosystem it offers

from https://ift.tt/2qesDNB

Indian pharma to hit double-digit growth on US sales, weak rupee: CRISIL

As per Crisil, green shoots are already visible in the first quarter for 20 of these listed drug-makers

from Latest News https://ift.tt/2SpYdEU

India must act decisively, punitively to protect its interests: Jaishankar

Former foreign secretary S Jaishankar said traditional concepts were no longer effective in guiding policymaking

from Latest News https://ift.tt/2z9xL9J

India made $15 bn defence purchase from US, no pressure to buy F-16: Envoy

Edgard Kagan said the US is "very proud" of the expanding defence partnership with India

from Latest News https://ift.tt/2SpZJXK

Chhattisgarh polls: Will fight Cong, but won't attack Gandhis, says Jogi

Jogi left the Congress in 2016 and floated his own party

from Latest News https://ift.tt/2SsQTbN

Projects worth Rs 1 trn, creating million jobs to be launched in Dec: Yogi

CM says investment over Rs 750 billion in various projects had also flowed into UP during his one-and-a-half year regime

from News https://ift.tt/2PtxWXI

Projects worth Rs 1 trn, creating million jobs to be launched in Dec: Yogi

CM says investment over Rs 750 billion in various projects had also flowed into UP during his one-and-a-half year regime

from Latest News https://ift.tt/2PtxWXI

Four highly-trained JeM snipers active in J&K: Security Officials

These terrorists, according to the officials, have been thoroughly trained by Pakistan's ISI for carrying out sniper attacks in Kashmir Valley and have been armed with M-4 carbines

from Latest News https://ift.tt/2PoNZGa

Sri Lanka crisis: Parliament Speaker recognises Ranil Wickremesinghe as PM

President Maithripala Sirisena on Friday night sacked Wickremesinghe and appointed former strongman Mahinda Rajapaksa as the new prime minister

from Latest News https://ift.tt/2ziBNNh

Gujarat govt to start more RoRo ferry services, says CM Vijay Rupani

With a 1600 kilometre coastline, Gujarat can develop coastal infrastructure and bring about economic development, says Rupani

from Latest News https://ift.tt/2RjD6CL

Lankan media slams Sirisena move to sack PM, calls it 'constitutional coup'

The sudden political development came amid growing tensions between Sirisena and Wickremesinghe on several policy matters and the President has been critical of the PM and his policies

from Latest News https://ift.tt/2SpAYL9

Special team to ensure speedy trials of India's first engine-less train

ICF will be manufacturing six trainsets under the Train-18 programme, of which two are planned with sleeper class coaches

from Latest News https://ift.tt/2PqSY9g

Ayodhya dispute: SC likely to hear pleas against HC verdict tomorrow

The court had on September 27 said the civil suit on land dispute would be heard by a three-judge bench on October 29

from Latest News https://ift.tt/2CMpNa8

Hyundai may bring smaller EV after assessing response to e-SUV Kona in 2019

South Korean auto major Hyundai could bring in a smaller electric SUV to India after assessing the response for its biggerKona electric SUV which it plans to introduce in the country next year, a top company official said. The company, which operates in the country through its wholly-owned subsidiary Hyundai Motor India Ltd (HMIL), would launch its first electric model Kona in the second half of the next year. "We are planning to unveil Kona electric SUV in the second half of next year on completely-knocked down basis (CKD). Our electric vehicle strategy is top to down," HMIL Managing Director & CEO YK Koo told PTI here. With Kona, the company is going to test the market for electric vehicles (EV) in India, he added. "It (Kona) is not going to be volume product for us. After then we can review which other EV product can suit the Indian market," Koo said. When asked if the second EV product could be a sedan or a SUV, Koo said:"We will review both sedan and SUV (body styles) but I .

from Latest News https://ift.tt/2qeIiMP

Faridabad air pollution worst in Delhi-NCR, over 25 times above safe limit

Experts have claimed the high readings might have been a technical glitch despite the fact that air-quality of the region was 'very poor'

from Latest News https://ift.tt/2CKkpUK

Got the winning lottery ticket? Economist explains what to do with $750 mn

Here are a few tips based on research for how to handle an unexpected windfall

from Latest News https://ift.tt/2zazbRv

PM Modi, Abe visit factory of industrial robot maker in Yamanashi

Earlier in the day, Modi was affectionately received by Abe on his arrival at Hotel Mount Fuji in the picturesque Yamanashi prefecture

from Latest News https://ift.tt/2D9CwEu

Rlys plans plane-like pressurised coaches for world's highest track in Leh

At a height of 5,360 metres above the sea level, the 465-km strategically significant line to be built at a cost of Rs 833.6 bn will see railways' first pressurised coaches

from Latest News https://ift.tt/2EOEYSM

Rlys plans plane-like pressurised coaches for world's highest track in Leh

At a height of 5,360 metres above the sea level, the 465-km strategically significant line to be built at a cost of Rs 833.6 bn will see railways' first pressurised coaches

from News https://ift.tt/2EOEYSM

Govt-RBI consultation way forward, says Jaitley after Viral Acharya speech

The latest flashpoint between the finance ministry and the RBI occurred on the back of a liquidity crisis in NBFCs

from News https://ift.tt/2CJ3bqU

Cartoonists can be key voices of dissent, but also divisive at times

They use a unique art to raise questions and speak a truth to power in ways denied to others

from Latest News https://ift.tt/2SmXEMd

A migrant from Americas is latest threat to Indian, Asian food security

A fall armyworm invasion in Asia "could have a devastating impact on Asia's maize and rice producers

from Latest News https://ift.tt/2CKqaSq

Essar to deleverage Rs 1.25 trn debt if its Essar Steel offer is accepted

Essar plans to legally challenge the decision as it believes its offer would ensure 100 per cent recovery for lenders while accepting ArcelorMittal's offer would entail a haircut

from Latest News https://ift.tt/2Spv4JZ

Chhattisgarh Assembly polls: Ajit Jogi-BSP alliance to hurt BJP, says Cong

The Congress is seeking to oust the BJP, which has been governing the state since 2003, from power this time

from Latest News https://ift.tt/2qfdmMz

UN plans to create India's intangible heritage inventory of arts and crafts

A total of 13 intangible cultural heritage elements from India have been inscribed till date on the UNESCO's Representative List of the Intangible Cultural Heritage of Humanity

from Latest News https://ift.tt/2PZo8ld

What Turkey looks to gain in wake of Saudi journalist Khashoggi's murder

President Erdoğan is using the Khashoggi incident to gain closer relations with the US and push Turkey's interests

from Latest News https://ift.tt/2OToQ7c

China's first private rocket carrying satellite fails after takeoff

Company Landscape said that "cowling separation was normal but something abnormal happened after the second stage."

from Latest News https://ift.tt/2CKK3sE

India, US have exchanged offers for possible trade deal, says Suresh Prabhu

The US is demanding greater market access for its agriculture goods, manufacturing products and medical devices

from News https://ift.tt/2z6QYc9

UN report blames climate change for 3 straight yrs of rising world hunger

Average global temperatures have increased quickly, with new recorded highs in 2014, then again in 2015, and again in 2016

from Latest News https://ift.tt/2zdp91I

How US policy in Honduras set the stage for today's migration

US military presence in Honduras and the roots of Honduran migration to the United States are closely linked

from Latest News https://ift.tt/2qf6S09

India, US have exchanged offers for possible trade deal, says Suresh Prabhu

The US is demanding greater market access for its agriculture goods, manufacturing products and medical devices

from Latest News https://ift.tt/2z6QYc9

India's medical error deaths, nearly 5 mn a year, can be cut by 50%: Expert

The Acute Critical Care Course could be a boon for Indian hospitals, especially in rural areas

from Latest News https://ift.tt/2SpFIAj

'Greaves Cotton eyeing future-ready tech, becoming diversified engg firm'

Firm seeks to develop battery-swapping, fast-charging technologies, is working on a five-year plan and to grow this business to Rs 1 billion

from Latest News https://ift.tt/2RkE1ml

Modi meets Abe; Japanese PM calls him one of his 'most dependable friends'

Besides bilateral issues, the two leaders are expected to deliberate on a range of regional and global issues, including the situation in the Indo-Pacific region

from Latest News https://ift.tt/2z8ip5u

JSW Steel to invest $150 mn in first tranche for greenfield Texas plant

The plant is expected to be completed by March 2020

from Latest News https://ift.tt/2SsgL7g

Sardar Patel the driving force behind united India: PM Modi in Mann Ki Baat

October 31 will be special as the statue of unity will be dedicated to the nation as a 'true tribute' to Sardar Patel, said Modi

from Latest News https://ift.tt/2F0wTdV

New web-based tool to help monitor fake news on Facebook, Twitter

Developed by researchers at the University of Michigan in the US, the tool uses a Platform Health Metric called the Iffy Quotient

from Latest News https://ift.tt/2Avw3kP

Railway plans pressurised coaches for world's highest railway track in Leh

At a height of 5,360 metres above the sea level, the 465-km strategically significant line to be built at a cost of Rs 833.6 bn will see railways' first pressurised coaches

from Latest News https://ift.tt/2SsyUCj

Islamabad not establishing any relations with Israel: Pak Prez Arif Alvi

The President ruled out reports that an Israeli aircraft carrying some officials secretly landed in Islamabad and flew away after several hours at the airport

from Latest News https://ift.tt/2EQba8m

Railway plans pressurised coaches for world's highest railway track in Leh

At a height of 5,360 metres above the sea level, the 465-km strategically significant line to be built at a cost of Rs 833.6 bn will see railways' first pressurised coaches

from News https://ift.tt/2SsyUCj

Pre-Dhanteras high prices, cash crunch take sheen off gold this season

Gold is likely to lose its sheen this 'Dhanteras' due to liquidity crunch amidst rising prices and other investment options, say market experts and the industry. If the sluggish sentiment prevails this will be the second consecutive year of poor sales. In 2017, the Dhanteras season saw sales plunging more than 30 per centover the 2016 levels when sales were reasonably goodas the note ban was announced post Diwali. But last year was one of the worst for the industry in recent yearsas it was after the note ban and GST implementation coupled with tighter KYC norms for high value purchases. "I am not expecting good business this 'Dhanteras' as the consumer sentiment is not so good due to lack of liquidity in the market. "I am expectingsales to decline by 5-10 per cent from last year or at best to be at par," All India Gem & Jewellery Domestic Council (GJC) chairman Nitin Khandelwal told PTI. Bullion prices have been heading north for quite some time now, which is also .

from Latest News https://ift.tt/2z8JJjQ

India closely following recent political developments in Sri Lanka: MEA

Rajapaksa was appointed as the nation's new Prime Minister by Sirisena on Friday night

from Latest News https://ift.tt/2SiQ3y9

FinMin starts budget 2019 preparation, seeks input from central ministries

Finance Minister Jaitley is scheduled to present his 6th consecutive Budget with 2019 being Vote-on-Account

from News https://ift.tt/2qgJZJG

Despite GST hiccups, construction equipment demand up 24% in FY18: Assocham

The study noted that highway construction has been one of the key drivers for equipment growth

from Latest News https://ift.tt/2PshUNJ

FinMin starts budget 2019 preparation, seeks input from central ministries

Finance Minister Jaitley is scheduled to present his 6th consecutive Budget with 2019 being Vote-on-Account

from Latest News https://ift.tt/2qgJZJG

USFDA generic guidance to help local pharma formulators with ANDA approvals

The recent guidance from the US Food & Drug Administration (USFDA) on complex generics is expected to provide more clarity to US-focused Indian pharmaceutical formulators in preparing and submitting abbreviated new drug applications (ANDAs), says a report. This will help domestic pharma formulators with pending ANDA approvals to reduce review cycles and expedite approvals, says a weekend report by India Ratings. The current guidance dated October 9 is specific to complex transdermal and topical products. The agency in its mid-year FY19 pharma outlook had identified the lack of scientific and regulatory clarity about complex drugs as one of the key hurdles for approvals of complex products. Indian pharmaceutical formulators have indicated low double-digit pricing erosion for their base portfolio at end-FY18 and were exiting highly generic commercially unviable products and pruning R&D pipeline. The regulatory clarity will benefit formulators such as Lupin ...

from Latest News https://ift.tt/2JjITW4

Patel's 'statue of unity' also a tribute to Indian engineering skills: L&T

The Statue of Unity, built as a tribute to Sardar Ballabhbahi Patel known as Iron Man of India, would be the tallest in the world and the quickest to be completed in just 33 months unlike China's Spring Temple Buddha which took 11 years to complete, infrastructure giant Larsen & Toubro claimed. At 182 metres from the road entry and 208.5 metres from the river entry, the iconic statue is taller than the 153m Spring Temple Buddha in China and almost twice the height of the world-famous Statue of Liberty in New York. The giant statue is set for inauguration by Prime Minister Narendra Modi on October 31. Built at a cost of Rs 2,989 crore, the Statue of Unity project, barring bronze cladding which is a fragment of the mammoth work, has been done indigenously, L&T told PTI. The statue is located approximately 3.5 km downstream from the Sardar Sarovar Dam, on Sadhu Hill on the bed of the river Narmada. The raft construction of the structure actually begun on December 19, 2015, and ..

from Latest News https://ift.tt/2RkB05v

GST Council met 30 times, took 918 decisions in 2 yrs: FinMin report card

The GST Council has held discussions in a 'harmonious and collaborative spirit' in the 30 meetings that have taken place so far, FinMin said in a statement

from Latest News https://ift.tt/2CIRKzu

Delhi govt declares 2-day mourning over former CM Madan Lal Khurana's death

Delhi Lieutenant Governor Anil Baijal and Chief Minister Arvind Kejriwal also expressed condolence over the senior leader's death

from Latest News https://ift.tt/2Q0hiMp

Pepsi focuses on digitisation to connect 10 mn retailers, 600 mn customers

Pepsi, which reported profit in 2017-18, after a gap of seven years, is bullish on the prospects in India

from Latest News https://ift.tt/2Ob8qla

Reliance Nippon AMC files draft papers for fourth tranche of CPSE ETF

Govt has already appointed ICICI Securities as the advisor for the fourth tranche of CPSE ETF

from Latest News https://ift.tt/2qgHZ48

GST Council met 30 times, took 918 decisions in 2 yrs: FinMin report card

The GST Council has held discussions in a 'harmonious and collaborative spirit' in the 30 meetings that have taken place so far, FinMin said in a statement

from News https://ift.tt/2CIRKzu

How to make taxpayers comply with GST laws? CBIC now has a solution

The first meeting of the 'Nudge Team' will be called soon by the Principal Director General GST to decide on the strategy to adopt the new approach at the field level

from News https://ift.tt/2yybyTl

Govt plans global ETF to tap investment from large overseas pension funds

Govt was planning to list Bharat-22 ETF in the overseas market but decided not to go ahead with it as investors expressed apprehensions over the cost associated with hedging and currency conversion

from News https://ift.tt/2SqgSR5

How no-cost EMIs are dramatically changing e-commerce landscape

Nearly 20% of gross merchandise value is being financed by various credit card companies, banks and e-wallets

from News https://ift.tt/2z8oEWK

Defence deals are crucial, Silicon Valley can't ignore business of war

The American tech economy rests on the foundations of the military-industrial complex yet Silicon Valley's culture is deeply influenced by scepticism about this same military establishment

from Latest News https://ift.tt/2qfzJS4

Over 3,345 held in Kerala for preventing women from entering Sabarimala

These arrests have been made for defying the September 28 Supreme Court order that overturned a ban on women of menstrual age (10-50 years) from entering the Sabarimala temple

from Latest News https://ift.tt/2PYEoTq

How to make taxpayers comply with GST laws? CBIC now has a solution

The first meeting of the 'Nudge Team' will be called soon by the Principal Director General GST to decide on the strategy to adopt the new approach at the field level

from Latest News https://ift.tt/2yybyTl

Govt plans global ETF to tap investment from large overseas pension funds

Govt was planning to list Bharat-22 ETF in the overseas market but decided not to go ahead with it as investors expressed apprehensions over the cost associated with hedging and currency conversion

from Latest News https://ift.tt/2SqgSR5

Supertech plans to monetise 1 mn sq ft retail space in Noida for Rs 12 bn

This project will also have an 80-storey tower comprising 600 studio apartments and 250 flats and another tower having a 250-room hotel and 80 Armani branded residences

from Latest News https://ift.tt/2AuZd3v

Q2 results, PMI, fiscal deficit data to drive equity market this week

In the coming week, the direction of flow of foreign funds will assume significance as there have been massive outflows in October

from Latest News https://ift.tt/2SppbfU

Air quality approaches 'severe' category in Delhi as AQI touches 380-mark

CPCB has recommended avoiding outdoor exercises between November 1 and November 10, as the air is expected to turn toxic in the coming days in the national capital

from Latest News https://ift.tt/2CM5zgI

MS Dhoni dropped from Indian T20 cricket team, not rested: Report

'Selectors have started to look for Dhoni's replacement in Twenty20 team as everyone knows that he might not carry on till 2020 T20 World Cup'

from Latest News https://ift.tt/2OR99NL

Amid falling rupee, trade war, FPIs have pulled out Rs 356 bn in Oct so far

The latest outflow is higher than Rs 210 bn worth of net withdrawals seen in entire September

from Latest News https://ift.tt/2SpkWRl

US committed to holding Khashoggi's killers accountable: James Mattis

Secretary of State Mike Pompeo had revoked the visas of Saudis suspected in the killing and that Trump had vowed 'to get to the bottom of it' and get Congress involved, says Mattis

from Latest News https://ift.tt/2EQ48jY

Section 144 clamped in Muzaffarnagar city ahead of upcoming festivals

The orders will be in force till December 21 in three police station areas -- Kotwali, New Mandi and Civil Line

from Latest News https://ift.tt/2OUEbUT

Delhi wakes up to a hazy polluted Sunday morning as temperature drops

The humidity, during the morning hours, was 76%, however, the pollutants remain high due to low morning temperature and calm wind speed

from Latest News https://ift.tt/2OQlMse

11 day, 11 cuts: Petrol prices fall to Rs 80.05 in Delhi, Rs 85.5 in Mumbai

In tandem with the petrol prices, diesel rates have also come down across the country

from Latest News https://ift.tt/2OXu41P

Pittsburgh shooting: 11 killed, Trump calls for death penalty; top updates

'This was an anti-Semitic act, this wicked act of mass murder is pure evil, hard to believe, and, frankly, something that is unimaginable,' said Trump

from Latest News https://ift.tt/2z69YYg

The government and its universities: Ensuring teachers' accountability

Ensuring attendance is important but the govt must not curb voices from the teaching community that are critical of the govt

from Latest News https://ift.tt/2z4j5IM

NATO's biggest exercise since Cold War spurs 'war' fear, protests in Norway

Anti-NATO protests were also organised on Saturday in Bergen, Norway's second largest city, and the southern city of Kristiansand

from Latest News https://ift.tt/2yD2In9

ISL 2018-19: When and where to watch FC Goa take on FC Pune City

FC Goa and FC Pune City have faced each other eight times with each team winning three matches apiece while the rest two ended in draws

from Latest News https://ift.tt/2SoGKg7

ISL 2018-19: Misfiring FC Pune City set for daunting FC Goa challenge

A win again Pune will send Goa to the top of the table while the visitors have a chance to get off the last position they are sitting at right now

from Latest News https://ift.tt/2z6H3mV

InMobi wants to create the largest advertising and marketing firm: CEO

With acquisition of Pinsight, we are part of this big boys' club of companies who own their data and run the advertising

from Latest News https://ift.tt/2SoGqOr

Southeast Asia to have a brush with Colgate's herbal toothpastes

The Vedshakti brand, launched by Colgate in India, has now been taken to Thailand

from Latest News https://ift.tt/2yBIcnc

Testing times for India-Japan ties: Former ambassador Hemant Krishan Singh

Both India and Japan are impacted, but in different way

from Latest News https://ift.tt/2z6H2iX

How no-cost EMIs are dramatically changing e-commerce landscape

Nearly 20% of gross merchandise value is being financed by various credit card companies, banks and e-wallets

from Latest News https://ift.tt/2z8oEWK

Capgemini gives fillip to automation adoption, drives training initiative

With India being the significant offshore base for employees, the company is driving the skilling initiative in the country on a large scale

from Latest News https://ift.tt/2OUVB3B

Crude impact: Integrated model may aid RIL growth, despite refining woes

For the September 2018 ended quarter, RIL reported a gross refining margin of $9.5 per barrel

from Latest News https://ift.tt/2OaFbPj

Estate planning: Here's why delay in writing a Will can prove costly

Create a list of your assets and share it with a trusted relative

from Latest News https://ift.tt/2D7JxFY

Slumdog Millionaire has opened up doors for me as a diplomat: Vikas Swarup

'When Q&A became Slumdog Millionaire and won the Oscars, the very first thing I received was a letter from Pranab Mukherjee, complimenting me on the huge success'

from Latest News https://ift.tt/2SprPCb

How Delhi govt students learn to create a safety net to fend off disasters

Students are trained to perform specific functions

from Latest News https://ift.tt/2z6JgP5

Food and beverages drive revenues for multiplexes; PVR posts 25% growth

Inox, PVR post highest growth in the category in nine quarters

from Latest News https://ift.tt/2RiyqwO

Asian Hockey Championship 2018: India beats Japan 3-2 to face Pak in final

Two-time champions Pakistan defeated Malaysia 3-1 in the shootout after a 4-4 draw in the regulation period of the first semi-final to enter Sunday's summit clash

from Latest News https://ift.tt/2SniVFj

BJP leader and former Delhi CM Madan Lal Khurana passes away at 82

Former Delhi chief minister Madan Lal Khurana passed away here Saturday after a prolonged illness, his family said. Khurana, who was 82, is survived by his wife, a son and two daughters. His another son had died last month. A veteran of the BJP, Khurana was the chief minister of Delhi from 1993 to 1996 and was appointed the governor of Rajasthan in 2004. "He breathed his last at around 11 pm at his Kirti Nagar residence here," his son Harish Khurana told PTI. He said Khurana was suffering from a chest infection and fever from last few days and was feeling breathless since Saturday morning, he said. He had suffered a brain haemorrhage about five years ago and was ailing since then. His last rites would be held tomorrow, his family said. Union minister Harsh Vardhan offered condolences in a tweet. "My heartfelt condolences to the BJP parivar and the family of our beloved former chief minister of Delhi & veteran BJP leader Shri Madan Lal Khurana ji who passed away today after ...

from Latest News https://ift.tt/2RiaZnr

UK supermarket Asda to consult on up to 2,500 possible job losses

The move by Asda, which is owned by U.S. giant Walmart, was first reported by Press Association, and a spokeswoman for the supermarket group said no decisions had been taken yet.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2CJlkVq

Abbott, AbbVie settle TriCor marketing case for $25 million

By Nate Raymond (Reuters) - Abbott Laboratories and AbbVie Inc will pay a total of $25 million to resolve allegations that Abbott paid kickbacks to doctors in exchange for prescribing the cholesterol drug TriCor and promoted the medication for unapproved purposes.

from Latest News Business on Firstpost https://ift.tt/2CKuzEL

CORRECTED - London forex traders found not guilty in U.S. rigging case

(Corrects first paragraph to "latest verdict" instead of "latest criminal convictions") By Brendan Pierson NEW YORK (Reuters) - Three former London-based currency traders were found not guilty on Friday of U.S.

from Latest News Business on Firstpost https://ift.tt/2qfrC7W

Govt-regulator consultation the way to go, says FM Arun Jaitley

The latest flashpoint between the finance ministry and the RBI occurred on the back of a liquidity crisis in NBFCs

from News https://ift.tt/2Rjs00u

An evolving economy needs dynamic regulation, says Arun Jaitley

Speaking at an IDFC event here, he said governments increasingly get opportunities to interact with various stakeholders

from News https://ift.tt/2z78Wex

Oil prices are beyond govt's control, says Dharmendra Pradhan

The minister said that oil prices have started coming down due to some international developments

from News https://ift.tt/2PUQ35I

Centre committed to interlinking of rivers to fulfill water needs: Gadkari

'We will take water by diverting Krishna river water to Penna river and from Penna to the Cauvery,' says Gadkari

from News https://ift.tt/2AuIRrS

No success is great without people participation, says PM Modi

Our government has upheld human rights through laws and policies, says PM Modi

from News https://ift.tt/2CKLW8L

Got rid of railway budget to remove political interference: Piyush Goyal

Railways will soon come out with a massive 20 gigawatt renewable energy procurement programme by "which we hope to have net zero carbon emissions from the railways in 10 years," he said

from News https://ift.tt/2z6wtfC

Sugar exporters to meet on Monday to evolve strategies to boost exports

The government has already announced several incentives in the past few months to allow sugar mills get rid of surplus stocks

from News https://ift.tt/2PouopG

In-house mechanism for petty consumer cases can reduce pendency: NCDRC

In total, 3,32,462 complaints are pending at district consumer courts, while 20,240 cases pending at the National commission as on September 25

from News https://ift.tt/2Sh7LSF

India Mobile Congress: Telecom gear makers to invest Rs 40 bn, says govt

The minister said major investment commitments have come from Ericsson, Samsung, Sterlite Tech, Cisco, Nokia and Intel

from News https://ift.tt/2EQzXsL

GST likely to have three-slab rate structure in future: Bibek Debroy

He pointed out that countries had taken as long as 10 years for their GST systems to stabilise

from News https://ift.tt/2ENDvvW

Amid falling rupee, trade war, FPIs have pulled out Rs 356 bn in Oct so far

The latest outflow is higher than Rs 210 bn worth of net withdrawals seen in entire September

from https://ift.tt/2SpkWRl

UK supermarket Asda to consult on up to 2,500 possible job losses

The move by Asda, which is owned by U.S. giant Walmart, was first reported by Press Association, and a spokeswoman for the supermarket group said no decisions had been taken yet.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2CJlkVq

Global oil pricing worries hit U.S. energy shares as earnings loom

By Caroline Valetkevitch NEW YORK (Reuters) - Worries over global oil pricing and pipeline constraints are hanging over the energy sector as U.S.

from Latest News Business on Firstpost https://ift.tt/2CHunX8

S&P 500 ends at lowest since May as tech, internet stocks tumble

By Caroline Valetkevitch NEW YORK (Reuters) - The S&P 500 ended at its lowest level since early May after technology and internet shares sold off further on Friday, capping a volatile week that confirmed a correction for the Nasdaq. The benchmark S&P 500 itself flirted with correction territory - when an index closes 10 percent or more below its all-time closing high - but recovered to end off that level.

from Latest News Business on Firstpost https://ift.tt/2qfrBRq

Equities' slide sends bonds higher, dents greenback

By Sinad Carew NEW YORK (Reuters) - Stock markets around the world tumbled on Friday while U.S. Treasury prices rose along with demand for safer bets as better-than-expected U.S.

from Latest News Business on Firstpost https://ift.tt/2CHufa6

Wall St. slides as tech, internet stocks tumble

NEW YORK (Reuters) - U.S. stocks sold off further on Friday and the S&P 500 flirted with correction territory as disappointing results punished technology and internet shares. The Dow Jones Industrial Average fell 296.24 points, or 1.19 percent, to 24,688.31, the S&P 500 lost 47 points, or 1.74 percent, to 2,658.57 and the Nasdaq Composite dropped 151.12 points, or 2.07 percent, to 7,167.21

from Latest News Business on Firstpost https://ift.tt/2qeWXYm

Wall St. falls after earnings disappointments, but off day's lows

By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks were lower on Friday afternoon following a slew of high-profile earnings disappointments, but indexes were off the day's lows and the S&P 500 eased off correction levels

from Latest News Business on Firstpost https://ift.tt/2CL0R2O

Oil rises ahead of Iran sanctions but falls for a third week

By Stephanie Kelly NEW YORK (Reuters) - Oil prices rose on Friday, supported by expectations that sanctions on Iran would tighten global supplies, but futures posted a weekly drop as a slump in stock markets and concerns about trade wars clouded the fuel demand outlook. Brent crude futures rose 73 cents, or 1 percent, to settle at $77.62 a barrel

from Latest News Business on Firstpost https://ift.tt/2qbpuxX

Tesla says has not received subpoena on Model 3 production

(Reuters) - Tesla Inc has not received a subpoena from the U.S. Department of Justice related to its forecast for Model 3 production, the carmaker said on Friday, after a report https://ift.tt/2O7S50P that the company was facing a deepening criminal probe about the projections. The company received a voluntary request for documents from the DoJ and was cooperative in responding to it, a Tesla spokesperson said

from Latest News Business on Firstpost https://ift.tt/2CIVwZv

Tesla says it has not received subpoena on Model 3 production

(Reuters) - Tesla Inc said on Friday it had not received a subpoena from the U.S.

from Latest News Business on Firstpost https://ift.tt/2CKgHuv

Gold rises as stocks slide triggers flight to safety

By Sethuraman N R (Reuters) - Gold rose on Friday to a more than three-month peak as investors rushed to the safety of bullion as stock markets around the globe plunged, putting the metal on track for its fourth week of gains. Spot gold rose 0.2 percent to $1,234.35 an ounce at 14:10 p.m.

from Latest News Business on Firstpost https://ift.tt/2qbppdD

Equities' slide sends bonds, gold higher, dents greenback

By Sinad Carew NEW YORK (Reuters) - Stock markets around the world fell on Friday on track for the longest weekly losing streak since 2013 while U.S.

from Latest News Business on Firstpost https://ift.tt/2CI1o5j

Exclusive: Airbus to name outsider after board hastened CFO's exit: sources

By Tim Hepher PARIS (Reuters) - Airbus is close to naming an outsider to replace finance chief Harald Wilhelm after board moves to overhaul top management in response to a corruption probe hastened his surprise resignation in May, people close to the matter said. British and French authorities are investigating the use of middlemen in jetliner sales and the European planemaker says it is also supplying information to U.S

from Latest News Business on Firstpost https://ift.tt/2qgBWwd