Nissan and the media accuse Carlos Ghosn of these financial wrongdoings

The Nikkei last week reported that Nissan through a British Virgin Island unit of a Dutch venture fund subsidiary bought and renovated homes for Ghosn

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

SC asks RCom to deposit Rs 14 bn guarantee for spectrum sale to RJio

The corporate guarantee will be issued by Reliance Realty Ltd, a wholly-owned subsidiary of RCom; after this, govt will issue NOC within a week

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

Real estate shares in focus; Prestige Estates, Oberoi Realty up over 5%

Nifty Realty index, the largest gainer among sectoral indices, was up 2%, as compared to a marginal 0.07% rise in the Nifty 50 index at 12:05 pm.

from Latest News https://ift.tt/2AC1J7b

US Fed may tweak way of transmitting policy rate into banking system

Fed Chairman Jerome Powell suggested a technical adjustment to the so-called interest on excess reserves rate

from Latest News https://ift.tt/2Sl4j8x

Want access to an airport lounge? Your plastic might just offer free access

But you must check the terms and conditions of your credit/debit card. There may be a restriction on the number of times you can access the lounge per quarter

from Latest News https://ift.tt/2TWEbT4

Tips on buying smartwatches and alluring perfumes on global websites

Opt for package forwarding companies if you have a long list. If not, choose the e-commerce platform's shipping option

from Latest News https://ift.tt/2ACxa0O

How S Gurumurthy, an influential economic voice, is shaking up RBI

What neither side disputes is that Gurumurthy, who joined the central bank's board in August, is now one of the country's most influential economic voices

from Latest News https://ift.tt/2P9Mfw5

Tamil Nadu regards M&A property deals as conveyance, imposes stamp duty

State joins many others that already have this provision; move will increase transaction cost of acquisition considerably, say sources

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

Farmers' march to Parliament disrupts traffic in central, Lutyens' Delhi

Around 1,000 traffic police personnel have been deployed between Ramlila maidan and Parliament to ensure that commuters do not face inconvenience

from Latest News https://ift.tt/2Q5f3vk

How a Trump lawyer, a felon and a Russian General chased a Moscow deal

For months, the felon, the former Russian intelligence officer and Mr. Trump's lawyer worked to land the deal, speaking with a Putin aide, Russian bankers and real estate developers

from Latest News https://ift.tt/2Q55oEO

End to bank freebies? Get set to pay GST on credit cards, ATM, cheque books

If the banks are charged GST for free services, the customers may have to pay a higher tax for holding a minimum balance account

from Latest News https://ift.tt/2BGib86

When US puts a tariff on a Chinese import, it does not send a bill to China

When an imported good enters a port in the United States, the importer of record initially gets the bill for the tariff

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

NBFCs in focus; Repco Home, DHFL rally up to 7%

Shares of housing finance companies DHFL, Repco Home Finance Reliance Home Finance, Can Fin Homes, Indiabulls Housing Finance rallied up to 7 per cent on BSE in the intra-day trade on BSE.

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

US very close to trade deal with China, says Trump ahead of G20 summit

Trade and tariffs have been topics of increasing tension between the US and China

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

Justice Kurian Joseph calls for review of death penalty with last judgement

The judgement aims to increase the threshold for sentencing someone to death

from Latest News https://ift.tt/2E8TKm6

What makes warehouses hot property in India attracting billions of dollars

Warehouses accounted for about $3.4 billion, or 26%, of private equity real-estate investments between 2014 and 2017, according to Knight Frank LLP

from Latest News https://ift.tt/2Rp5OTd

Coal scam: Delhi court holds ex-secy H C Gupta, others guilty of corruption

The convicts may get a maximum seven-year jail term

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

RBI's excess capital can be used to recapitalise banks: Arvind Subramanian

Subramanian adds that RBI is an outlier among major central banks, holding about 28% in capital

from Latest News https://ift.tt/2P8gSCd

Tyeb Mehta's 'Durga' painting fetches Rs 200 mn at Sotheby's auction

It was Sotheby's first physical auction in Mumbai, and this painting by Amrita Sher-Gil was one of two headlining lots

from Latest News https://ift.tt/2Qxin1O

Delhi HC restrains entities from infringing on Snapdeal's trademark

The court also directed Go Daddy.com LLC, Endurance Domain Technology LLP, Wild West Domain LLC etc, to suspend infringing domain names during the pendency of the present proceeding

from Latest News https://ift.tt/2zA8uGE

Tamil Nadu regards M&A property deals as conveyance, imposes stamp duty

State joins many others that already have this provision; move will increase transaction cost of acquisition considerably, say sources

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

End to bank freebies? Get set to pay GST on credit cards, ATM, cheque books

If the banks are charged GST for free services, the customers may have to pay a higher tax for holding a minimum balance account

from News https://ift.tt/2BGib86

What makes warehouses hot property in India attracting billions of dollars

Warehouses accounted for about $3.4 billion, or 26%, of private equity real-estate investments between 2014 and 2017, according to Knight Frank LLP

from News https://ift.tt/2Rp5OTd

RBI's excess capital can be used to recapitalise banks: Arvind Subramanian

Subramanian adds that RBI is an outlier among major central banks, holding about 28% in capital

from News https://ift.tt/2P8gSCd

Subramanian explains why note ban had to be draconian for political success

The former chief economic adviser explains in his new book why vice became virtue when it concerned demonetisation

from News https://ift.tt/2Roj2jb

Farmers, salaried are losers despite Modi govt's faster dash on GDP track

Average income grew slower than per capita gross domestic product in four out of the last five years

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

Explained: Why farmers are angry in India's fastest-growing farm economy

India was swept by about a dozen major farm protests in 2018, with thousands of farmers travelling to Delhi, Kolkata and Mumbai in the last week of November 2018 alone

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

Modi to unveil policy to ease biggest hurdle for factories before LS polls

Under the new plan, a company need not purchase land or equipment but could lease them on long-contract basis helping lower costs and cut down time on setting up operations

from News https://ift.tt/2Rp24RR

How Modi govt's natural gas plan is giving no relief to smog-choked cities

Modi, who won a United Nations environmental award in September for promoting solar power, has struggled to curtail pollution

from News https://ift.tt/2AB3YaD

G20: Modi discusses India's role in addressing climate change with Guterres

Narendra Modi, at present, is on a three-day visit to Argentina to attend the G20 summit

from News https://ift.tt/2TXiL8r

IL&FS crisis: RBI allows NBFCs quicker turnaround time for loans

According to the revised norms, loans of original maturity of more than five years can be securitised after receiving the repayment of six-month instalments

from News https://ift.tt/2FNW83f

Microfinance industry may come up with Rs 8-bn pool of saleable securities

The pool will be bundled with a mix of small and big MFI portfolios across geographies, will be credit rated and sold to banks

from News https://ift.tt/2DS4wfx

Bombay HC seeks govt view on RBI plea against CIC's wilful defaulters order

Central bank contends it did not disclose names of wilful defaulters under home ministry's advice

from News https://ift.tt/2Qty3Ts

Jaitley spars with Chidambaram over 'hatchet job' remark on GDP revision

New Delhi, 29 November Finance minister Arun Jaitley took on predecessor P Chidambaram on the revision of earlier Gross Domeestic Product (GDP) data for saying this was the result of a hatchet job.The back-series data in question, said Jaitley, had been calculated by a highly credible organisation, the Central Statistics Office, which maintains an arm's length distance from his ministry."Those who took after the new series in 2015 now consider the new series to be a "hatched job" and a "bad joke". What humours some when data shows an upward trend depresses them if it moves in the reverse direction," Jaitley said on his Facebook page.Chidambaram had said on Wednesday of the Niti Aayog's revised GDP numbers: "They are a bad joke. Actually, they are worse than a bad joke. The numbers are the result of a hatchet job." Jaitley reminded Chidambaram that the latter had, on February 3, 2015, welcomed the new GDP series. He quoted Chidambaram as saying: "The new data successfully establishes ..

from News https://ift.tt/2Qp7KxO

India's Q2 GDP data to be out on Friday: Here's what to expect

The range of GVA growth rate is 7.1 per cent to 7.4 per cent against 8 per cent in the first quarter

from News https://ift.tt/2TTQ4JL

Demonetisation a draconian, monetary shock, says Arvind Subramanian

Says Reserve Bank holding excess capital to the tune of Rs 4.5-7 trillion which could be used to recapitalise public sector banks; sides with it on PCA

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

FY19 growth likely at 7-7.4%; industrial outlook remains mixed: NCAER

The growth rates of exports and imports, in dollar terms, are estimated at 11.8% and 16.9%, respectively

from News https://ift.tt/2TWmJ19

NTPC to operationalise 800 Mw at Odisha's Darlipalli power plant in FY19

"The commissioning activities of 800 Mw are going on. The unit will be operational in the current financial year", said a senior NTPC official

from News https://ift.tt/2SgKgs3

Odisha drags feet on DMF funds use, ranks 7th on project implementation

Most states are sluggish to spend DMF funds. Tamil Nadu, Karantaka and Telanagana have lacklustre spending rate of below 10 per cent

from News https://ift.tt/2E4MUOv

Subsidy on interest rates raised for small exporters hit by note ban, GST

This is the latest step after the central bank decided to consider allowing banks to restructure stressed loans to small businesses following persistent demand from the government

from News https://ift.tt/2SjBJ7v

Slow tax reforms to blame for fiscal consolidation drive: Bibek Debroy

He said a simplified tax regime with reduced compliance cost requires standardisation, harmonisation and elimination of tax exemptions

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

SMEs capitalise on agility, innovation to drive revenue growth: Survey

Rising borrowing costs and access to finance is making SMEs to look at alternate options of raising funds to fuel their ambitious growth

from News https://ift.tt/2P9rJvI

Every household to be electrified by Dec 31 under Saubhagya: Power minister

Some states such as Gujarat, Goa, Andhra Pradesh, Tamil Nadu, Kerala and Punjab and the Union Territories are already 100 per cent electrified

from News https://ift.tt/2E6cV03

UP to launch industrial, infra projects worth Rs 500 billion next month

These projects are part of the Rs 4.68 trillion worth of memorandum of understanding (MoU) signed with public and private sector companies during the 'UP Investors Summit' here on 21-22 February, 2018

from News https://ift.tt/2TSVOn3

RBI should be held accountable for IL&FS crisis: Arvind Subramanian

Terming the IL&FS crisis as a regulatory failure, former chief economic advisor to finance minister Arvind Subramanian has said the Reserve Bank should be held responsible for the crisis at one of the largest entities it has been regulating. In a soon to be published book, 'Of Counsel: The Challenges of the Modi-Jaitley Economy,' Subramanian says though RBI has a good reputation, it does not mean it's always right, as for years, the RBI was unable to grasp the seriousness of the loan repayment problems or identify the prolonged frauds of Nirav Modi and the likes. "Now, with the recent shenanigans involving IL&FS being revealed, this failure seems to have encompassed not just commercial banks but also non-bank financial companies. For these failures, the RBI needs to be held accountable," he says in the book, published by Penguin Random House India. The book will be first launched in Mumbai on December 7 and then in Delhi on the 9th. Subramanian calls upon RBI to .

from News https://ift.tt/2P5PrJm

CBDT allows tax officials to widen scope of certain limited scrutiny cases

It also asked officers to 'invariably pick up such cases' for review and inspection so that the taxpayer is not harassed and no roving or fishing enquiry takes place against them

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

'Discuss, dissect' GDP data: NITI Aayog V-C accepts Chidambaram's challenge

Niti Aayog Vice-Chairman Rajiv Kumar Thursday accepted the challenge of former finance minister P Chidambaram for a debate on the revised GDP data which showed economic growth during the current NDA regime was better than that in the UPA rule. "Hon. @PChidambaram_IN Ji,challenge accepted. Let's discuss & dissect back series data. I gave 3 hrs of detailed interview yesterday & it is somewhat disingenuous of you to say that I asked the media to not ask questions. Do give more coherent reasons for ur difficulty with new data," Kumar said in a tweet. He was responding to Chidambaram who sought had a debate with Kumar over the new set of data. "I wonder if Niti Aayog Vice Chairman Rajiv Kumar will agree to a debate the data than telling journalists that their questions are "undeserving of an answer," Chidambaram had tweeted. Through more tweets, Kumar also stressed that Niti Aayog uses data extensively for making logical policy recommendations and the data is always based on ...

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

NITI Aayog under fire for holding press conference on revised GDP data

A top source in the government said the controversy could have been avoided by keeping out the NITI Aayog from the announcement press conference

from News https://ift.tt/2SkwG6Z

Q2 GDP growth likely fell to 7.4%; slowdown may stay till elections: Poll

Some economists expect economic growth could slow to around 7 per cent in the second half of the current fiscal year

from News https://ift.tt/2KEtwZ0

India needs more reforms to breach 8% growth ceiling: NITI Aayog VC

Kumar said that the former Finance Minister P Chidambaram has done great disfavour to officers of CSO by criticising back-series GDP data

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

Rupee at 69: Currency rises 21 paise to 3-month high of 69.64 against dollar; gains momentum on easing crude prices

At the interbank forex market, the rupee opened higher at 69.68 and rose further to quote at 69.64, showing a rise of 21 paise over its previous close.

from Latest News Business on Firstpost https://ift.tt/2rctQ8n

Sensex rises over 150 points, Nifty hits 10,900-mark on positive cues ahead of G20 summit; pharma, banking, realty biggest gainers

Sensex rose 175.75 points, or 0.49 percent to trade at 36,346.16.

from Latest News Business on Firstpost https://ift.tt/2FNfyp5

Oil price firms as OPEC, Russia likely to agree on output cuts next week; rising US supply stems gains

Despite the firmer prices, crude oil has lost almost a third in value since early October because of an emerging supply glut following a global surge in production.

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

Ahead of 2019 Lok Sabha polls, Q2 GDP growth falls to 7.4%, economy likely to slow down in second half of current fiscal: Report

The annual economic growth probably moderated to 7.4 percent in the July-September quarter, according to a Reuters poll

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

Vedanta wants US oil services companies to set up consortia to help develop 41 blocks in India

Vedanta Chairman Anil Agarwal and Cairn Chief Executive Sudhir Mathur met with executives from 70 services companies this week in Houston

from Latest News Business on Firstpost https://ift.tt/2r8S3g2

Shares of Tata Motors fall by 3.9% as British unit Jaguar Land Rover announces job cuts at UK plant

Tata Motors stock was the biggest percentage loser on the indexes and posted its biggest daily fall since 13 November

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

Bharti Enterprises sells Future Retail's 57 lakh shares worth around Rs 300 crore

Edelweiss group firm Ecap Equities Ltd bought 16.5 lakh shares worth over Rs 87 crore while Edelweiss special opportunities fund purchased 40.43 lakh shares valuing Rs 212 crore.

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

Domestic carriers may need Rs 35,000 cr capital in 3-4 years to bring down high-debt levels: Icra

In order to contain further losses, the domestic carriers have resorted to several measures, which include among others, rationalisation of non-fuel costs, network review,

from Latest News Business on Firstpost https://ift.tt/2G24Fjt

SBI Chairman Rajnish Kumar blames adverse policies for missing private capital in infrastructure

The SBI chief did not mention RBI in his speech nor did he name the policy changes which have hampered the private sector play in infrastructure.

from Latest News Business on Firstpost https://ift.tt/2rlN9wp

RBI eases norms for NBFCs to securitise loan books; move likely to ease stress in sector

The RBI has also prescribed certain Minimum Retention Requirement (MRR) for NBFCs for availing the relaxed norms.

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

No liquidity crisis for any segments except gems and jewellery sector, says govt nominee on RBI board

The spike in the cost of funds is due to an increased risk perception, and not due to lack of liquidity in the system.

from Latest News Business on Firstpost https://ift.tt/2rdFbp1

China factory growth unexpectedly stalls in November: official PMI

BEIJING (Reuters) - Growth in China's vast manufacturing sector stalled for the first time in over two years in November, missing expectations and adding pressure on Beijing to roll out more economic support measures amid a bitter trade war with the United States. The official Purchasing Managers' Index (PMI) fell to 50.0 in November from 50.2 in October, data showed on Friday. The 50-point mark is considered neutral territory, indicating no growth in activity or contraction on a monthly basis

from Latest News Business on Firstpost https://ift.tt/2FSo9qr

Asian shares soften as investors look to G20 summit

By Andrew Galbraith SHANGHAI (Reuters) - Share markets ticked slightly lower in early Asian trade on Friday as investors await a closely watched meeting between the Chinese and U.S. presidents in Argentina this weekend for signs of a trade war detente

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

AT&T commits to cutting up to $20 billion in debt in 2019

By Sheila Dang (Reuters) - AT&T Inc said on Thursday it has committed to cutting its heavy debt load next year through a variety of measures, including a review of all of its non-core assets such as its stake in streaming video company Hulu for possible sale. The second-largest U.S.

from Latest News Business on Firstpost https://ift.tt/2FSo06n

Japan factory output expands most since 2015 in positive sign for growth

By Tetsushi Kajimoto TOKYO (Reuters) - Japan's factory output grew the most in October since 2015, rebounding from a fall in the prior month caused by natural disasters, a hopeful sign for manufacturers who face increasing risks from global trade frictions. The rise in output handily beat a median market forecast of a 1.2 percent increase, and followed a revised 0.4 percent drop in the previous month. It was the fastest month-on-month gain since January 2015

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

Oil prices dip on swelling U.S. supply; OPEC output cuts loom

By Henning Gloystein SINGAPORE (Reuters) - Oil prices slipped on Friday after the United States reported a 10th straight weekly gain in commercial crude reserves amid record output. U.S. West Texas Intermediate (WTI) crude futures were at $51.30 per barrel at 0023 GMT, down 15 cents, or 0.3 percent from their last settlement.

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

White House to hold roundtable with tech executives on innovation

By David Shepardson WASHINGTON (Reuters) - The Trump administration, which has had sometimes strained relations with high-technology companies, will meet with top tech executives next week to discuss innovation and future jobs, several companies attending and a White House official said on Thursday.

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

Gold pares gains after Fed minutes affirm December rate hike

By Sethuraman N R and Swati Verma (Reuters) - Gold held steady but pared some gains made early on Thursday as the dollar recovered and minutes from the U.S. Federal Reserve's recent meeting showed an interest rate hike was imminent in December. Spot gold rose 0.2 percent to $1,223.75 per ounce at 15:12 p.m

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

HP Inc tops revenue estimates on growth in personal systems business

By Akanksha Rana (Reuters) - HP Inc's quarterly revenue beat analysts' estimates on Thursday, driven by growth in its personal systems that sells notebooks and desktops and the acquisition of Samsung's printer business. Shares of HP Inc, which houses the hardware business of former Hewlett-Packard Co, were marginally up in extended trading. The personal systems business, which accounts for more than 60 percent of HP Inc's total revenue, rose 11 percent to $10.06 billion, beating analysts' average estimate of $9.78 billion, according to IBES data from Refinitiv

from Latest News Business on Firstpost https://ift.tt/2r8RYZM

Exclusive: EPA lifts advanced biofuel mandate for 2019 - document

By Humeyra Pamuk WASHINGTON (Reuters) - The U.S.

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

HP Inc quarterly revenue beats estimates

(Reuters) - HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported quarterly revenue that beat analysts' estimates, driven by growth in its personal systems that sells notebooks and desktops and the acquisition of Samsung's printer business. Net earnings rose to $1.45 billion, or 91 cents per share, in the fourth quarter ended Oct.

from Latest News Business on Firstpost https://ift.tt/2rdF7Wj

Wall Street edges down as tech, bank stocks weigh

By Stephen Culp NEW YORK (Reuters) - Wall Street closed slightly lower on Thursday as tech and financial shares slumped, erasing earlier gains stemming from Federal Reserve minutes showing the central bank opened the debate on when to pause further interest rate hikes. All three major U.S

from Latest News Business on Firstpost https://ift.tt/2FMuxQ5

German car bosses finalising White House meeting next week

BERLIN (Reuters) - Top executives from German carmakers Volkswagen , BMW and Daimler are finalising plans for a White House meeting on trade policy next week, German and U.S. officials said on Thursday. Officials from the carmakers, asking not to be named, said the meeting was tentatively set for Tuesday, and would include VW Chief Executive Herbert Diess, Daimler CEO Dieter Zetsche and BMW production chief Oliver Zipse.

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

White House to hold roundtable with tech executives: companies

WASHINGTON (Reuters) - The Trump administration, which has had sometimes strained relations with high-technology companies, will meet with top tech executives next week for a roundtable discussion on innovation, several companies attending said on Thursday. Chief executives expected to participate include MicrosoftCorp's Satya Nadella, Alphabet Inc's Sundar Pichai and OracleCorp's Safra Catz. Microsoft and Oracle confirmed they would take part.

from Latest News Business on Firstpost https://ift.tt/2FQ7Ydn

Rasna appoints Saina Nehwal as brand ambassador for its new product range

The products portfolio under the new brand includes Honey Vita, Badam Vita Powder, and Honey.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zzCi6e

Barista to enter FMCG business, open restaurants

The New Delhi-headquartered chain, which competes with Café Coffee Day, Tata Starbucks and Costa Coffee, will also add 300 outlets in three years, taking the total number of Barista cafés to 500, Barista’s CEO Puneet Gulati told TOI.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2PbuNr5

Sumeru launches India’s first Michelin-star chef curated frozen food range

The 30-year-old heritage brand of Innovative Foods Limited launched its signature ‘frozen gourmet meals in collaboration with Michelin star chef Alfred Prasad today.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zyY1LQ

Considering possible deal and merger of Indian unit: GlaxoSmithKline

In response to recent press speculation, GSK confirms that consideration is being given to a potential transaction that includes a merger of GSKCH.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2P4Z6jn

India shelves clean, Heinz to bring in global brand

After divesting Complan, Heinz is planning to bring in some of its global brands to India in the coming month.

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

Hindustan Unilever says cannot reveal details on Horlicks pursuit

"With reference to this particular case, we wish to state that we are bound by the confidentiality obligations at this point in time," Hindustan Unilever said in a statement.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2P4YYAp

Unilever CEO Paul Polman to retire; Alan Jope appointed as successor

Paul Polman has been Unilever CEO for over 10 years and has worked in the consumer goods industry for almost four decades.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zxxi1W

Here's how you can meet PM Modi: Donate as little as Rs 5 on NaMo app

But there is a catch to this feature

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

YES Bank continues recovery, surges 6%

The stock has dropped 15 per cent to Rs 160.45 (as of Thursday's close) from Rs 187.95 on Monday. Since September 17, shares have tumbled 50 per cent from Rs 318.60 apiece.

from Latest News https://ift.tt/2zwB3F0

Farmers protest: Thousands set to begin march towards Parliament today

Farmers from different parts of the country, including Andhra Pradesh, Gujarat, Madhya Pradesh, Maharashtra, Tamil Nadu, West Bengal and Uttar Pradesh converged at the Ramlila ground on Thursday

from Latest News https://ift.tt/2Q4zvfN

Fuel prices continue to fall, petrol down by Rs 9.60 in last 6 weeks

State-owned Indian Oil Corp Thursday said petrol price has been cut by Rs 9.6per litre and diesel by Rs 7.56 in the past six weeks in step with the reduction in international oil rates

from Latest News https://ift.tt/2Rqf3mi

India vs Australia: Prithvi Shaw out of first Test due to ankle injury

With Shaw unavailable, K L Rahul and Murali Vijay will be India's openers in the first Test. The BCCI did not name any replacement for the Mumbai teenager

from Latest News https://ift.tt/2TX9kG5

Brexit deal: A look at the changes Britons will face after March 2019

Theresa May, has assured UK citizens that the deal is the best that the UK can achieve

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

Oil India turns ex-date for share buyback; stock down 7%

The stock slipped 7% to Rs 188 on the BSE in an otherwise firm market as it turned ex-date for the proposed buy-back of 50.5 million shares at Rs 215 per share.

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

42% of world's coal power stations run at loss, to rise 72% by 2040: Report

Around 6,685 coal power plants were analysed worldwide to study its financial condition and to understand its profitability

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

4 Indian-origin women among America's top 50 female tech moguls: Forbes

Forbes list that includes tech heavyweights IBM CEO Ginni Rometty and Netflix executive Anne Aaron

from Latest News https://ift.tt/2Rp13sW

Toxic air continues to choke Delhi, air quality may deteriorate further

Twenty areas in the national capital recorded 'very poor' air quality while it was 'poor' in six areas, it said

from Latest News https://ift.tt/2zAGXF0

G20 summit: Could Trump's tough talk work on China or will it backfire?

So far, China shows few signs of budging in the face of mounting tariffs

from Latest News https://ift.tt/2DTHZ27

Rasna appoints Saina Nehwal as brand ambassador for its new product range

The products portfolio under the new brand includes Honey Vita, Badam Vita Powder, and Honey.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2zzCi6e

Ocado launches meal kit recipe service from Home Run

A smartphone app version will launch in a “few weeks”, according to Home Run CEO and founder Takis Malavetas…

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

Compassion in World Farming launches #Rethink Fish campaign

The group is urging supporters to pressurise governments to improve conditions for fish

from The Grocer - latest headlines https://ift.tt/2Q3hApN

Sales of chilled tea and coffee rise 40%

The vast majority of growth has come from cold coffee drinks

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

Mars launches petfood pack recycling scheme

Shoppers can send their used plastic pouches and bags from Whiskas and James Wellbeloved products to Terracycle

from The Grocer - latest headlines https://ift.tt/2Pa2bOY

Beavertown makes move into lager with 'Beavo' pilsner launch

The 4.4% brew has rolled out initially into the on-trade

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

Need GST Council like federal institution in healthcare and farm sector: Arun Jaitley

Listing out the necessity for setting up such a federal body, Jaitley said the states and Centre both spend on healthcare and have their respective schemes

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

GDP back series data: There are more questions than answers on 'NITI Aayog's' new CSO numbers

Beyond the technicalities and economic jargon, one needs to acknowledge that India has a serious data problem

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

Govt releases GDP back series data: Is it a revision of growth numbers or a political exercise? All you need to know

from Latest News Business on Firstpost https://ift.tt/2Q1clHg

RBI won't raise interest rates until at least April due to favourable inflation, soft growth outlook: Poll

Even those economists who forecast more than one rate rise said that the risk to the RBI's rate path was for slower rate rises.

from Latest News Business on Firstpost https://ift.tt/2Ri6XMl

TCS wins discrimination case in US; says co will continue to invest in people irrespective of their national origin

from Latest News Business on Firstpost https://ift.tt/2Q1clqK

PNB to raise Rs 539 cr via employee stock purchase scheme; move aims at retaining skilled staff, raising capital

A meeting of the remuneration committee of PNB took the decision to offer, issue and allot up to 10 crore new equity share of the bank to the eligible employees of the bank.

from Latest News Business on Firstpost https://ift.tt/2Ro4kJ4

GDP revision: Quarreling about the past is New Delhi's favourite pastime

Exciting new GDP variables: Under which ruling party did the growth happen...and under which party was it measured?

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

Farm growth in UPA era better than 4 years of NDA even under new series

The data also shows that in 2010-11, just after one of the worst droughts, India clocked perhaps one of its best growth rates in agriculture at 8.8%

from News https://ift.tt/2AyWjK3

TNRERA mandates real estate firms to include registration number in ads

The aurhority has said Tamil Nadu RERA website address to be mentioned and no disclaimer clause should be mentioned as the information is subject to change

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

FM defends revised GDP numbers for UPA era, Cong calls it a 'hatchet job'

FM Jaitley said CSO, which came out with the revised numbers, was a credible organisation and maintains arm's length distance from the finance ministry.

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

Finance Commission to take innovative approach to develop Nagaland: Singh

Nagaland government has also requested for setting up of national institutes, particularly management, medical and engineering college

from News https://ift.tt/2Q1H5b7

Kisan march: 100,000 farmers begin walk in Delhi to highlight farm distress

During the two-day Kisan Mukti March in the national capital, farmers will demand better minimum support prices and farm loan waivers

from News https://ift.tt/2Rm0UXb

The Rs 1 billion blockbuster club: At last, Amitabh Bachchan is a member

Thugs of Hindostan cost Rs 3 billion to produce, but netted Rs 1.5 billion. Whereas Badhaai Ho, a film that cost Rs 290 million, helped Ayushmann Khurrana make a surprise entry to the club

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

Under Modi's crop insurance scheme, farmers owed a whopping Rs 28 billion

PMFBY guidelines require that the claims be settled within two months of harvest

from News https://ift.tt/2KES2sX

Liquidity crunch keeping outlook for world's fastest-growing economy muted

The measure, compiled by Bloomberg News, reflects a sharp drop in a liquidity indicator, a sign of tight financial conditions, as well as slowing growth in infrastructure industries

from News https://ift.tt/2KGq2p1

Auto firms laud EV draft policy, but flag infra, incentive concerns

Some also pointed to the high cost of electric buses and the financial ability of state transport corporations to buy these.

from News https://ift.tt/2KG2Jvx

Govt releases GDP back-series data, slashes growth rate during UPA era

This is contrary to the upward revision in previous years that the report prepared by a committee of the National Statistical Commission had demonstrated

from News https://ift.tt/2P4QcCx

Modi, Xi may team up at G20 meeting to fight protectionism, oil volatility

Trade, oil prices, food security norms and tax fugitives also on PM's mind

from News https://ift.tt/2KHRmD6

Global economy may be slowing more than expected, warns IMF

The IMF downgraded its forecast for world growth last month, and recent data suggest the outlook has grown worse since then.

from News https://ift.tt/2RrEsM4

India rejects US charge of subsidising cotton beyond WTO spending limits

India has also rejected Australia's claim that India's market price support for sugarcane is in excess of its WTO spending limits

from News https://ift.tt/2Qri6gK

FM Jaitley to present interim budget for 2019-20 fiscal on February 1

This will be the sixth consecutive Budget to be presented by Jaitley

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

PM Modi leaves for G20 Summit to Buenos Aires with a packed schedule

In the space of 50 hours, the Prime Minister has over 25 scheduled engagements

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

Demonetisation a draconian shock that hurt GDP growth: Arvind Subramanian

Growth had been slowing even before, but after demonetisation, the slide accelerated, the former CEA says

from News https://ift.tt/2Sk8lhD

Seeds of farm distress in Rajasthan, MP take root in failed promises

Farmers, both in Rajasthan and MP, appreciated some of the schemes by the respective state governments, but felt the governments should have done more

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

Govt cuts GDP growth data during UPA regime, says 'nothing misleading'

As per the data released by the Central Statistics Office (CSO), the economy in 2010-11 grew by 8.5 per cent and not 10.3 per cent estimated earlier.

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

'Set up business in 4 days': Equatorial Guinea beckons Indian investments

"Concerns over human rights violations are unfounded and global investments have risen as the nation offers setting up a business within just 4 days," says Manuel Mbela Bama Ndong

from News https://ift.tt/2Q1hrTA

MSME loans restructuring a step backwards given RBI's earlier stance: Fitch

Fitch Ratings Director said given the past record, it is unlikely that banks would exercise prudence while restructuring loans of MSME

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

Govt to again press for its demands at next meeting of RBI board: Report

The government and most board members feel the RBI should be "more transparent and accountable" for its decisions.

from News https://ift.tt/2r9BHDZ

Govt to ramp up pressure for changes at next RBI board meeting: Sources

Like the government, most board members feel that RBI should be 'more transparent and accountable' for its decisions

from News https://ift.tt/2RgL3ZO

We will initiate consultation on spectrum issues in 2019: Trai chief

Sharma asserted that the upcoming deliberations will not have any bearing on the past recommendations of Trai on the auction of radiowaves

from News https://ift.tt/2Rj1PHS

Petrol price dips below Rs 74 mark for the first time in over 6 months

Diesel rates were cut by 40 paisa to Rs 68.89 a litre

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

Pepsi and Coca Cola pouring $1.4 bn into Pakistan: Govt

Pepsi planned to make " a further investment of $1.2 bln" in next five years, Khan's office said on Wednesday, after the company's chief executive for Asia, Middle East and North Africa, Mike Spanos, led a Pepsi delegation that met Khan.

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

Sainsbury’s trials wellness hub of more than 1,000 SKUs

The supermarket has brought together its entire range of wellness and sports nutrition lines in store for the first time

from The Grocer - latest headlines https://ift.tt/2Q1S1Fo

Seafood sector faces battering under Brexit plans, says report

The UK’s £1.3bn seafood exports to the EU are at risk if an agreement isn’t reached on fisheries, a new Rabobank report warns

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

Weetabix readies ‘Any-Which-Way-A-Bix’ push

TV ad will be the first since the brand’s ‘Jack & The Beanstalk’ pastiche made its debut in March 2017

from The Grocer - latest headlines https://ift.tt/2Sk8IsD

EU food into UK could go unchecked 'for months' admits Gove

Environment secretary said he did not know if the same would apply to UK exports to the EU

from The Grocer - latest headlines https://ift.tt/2rbm6n2

Steve Parfett to retire from cash and carry business

The Parfetts chairman, who has overseen the transition from family to employee ownership, will step down on 31 December

from The Grocer - latest headlines https://ift.tt/2FLF4Lo

Myntra, Jabong's future hang as Flipkart may stay one brand standing

While Flipkart has its own fashion marketplace and an exclusive band of private labels and brand partnerships, Myntra and Jabong have added heft to its fashion play in recent years

from https://ift.tt/2BDUQE6

Weetabix readies ‘Any-Which-Way-A-Bix’ push

TV ad will be the first since the brand’s ‘Jack & The Beanstalk’ pastiche made its debut in March 2017

from The Grocer - more product marketing news & analysis https://ift.tt/2Sk8IsD

Warburtons to debut Robert De Niro TV ad at Easter

The two-time Oscar winner filmed his role this week in a secret UK location

from The Grocer - more product marketing news & analysis https://ift.tt/2KEu3KG

Cadbury's masked army tackle 'secret Santa'

Secret Santa – or ‘buy a gift for someone you don’t know/like’ – is one of the lamest Christmas rituals

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

India critical market for Mars, we are poised for growth now: Stephen Badger

"Tata Trusts is the knowledge partner in terms of distribution and relative market, and reaching the whole of India where so much malnutrition exists."

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2Q1vIzW

With $3.4B cash bid, Unilever may bag GSK’s nutrition business

The deal, if finalised, will strengthen Unilever’s position in India, its most important emerging market.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2Rrja1v

Why Horlicks may not be such a sweet deal for Unilever

Unilever’s purchase of GSK's nutrition unit, which includes the malted milk-drink brand, comes as Indians lose their taste for sugary beverages.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2Q39Ns6

Can use strike drones in J&K if people accept collateral damage: Army chief

General Bipin Rawat said public opinion was the only obstacle to using drones to counter 'hybrid warfare' on both sides of the Line of Control

from Latest News https://ift.tt/2FP9s7u

Farm growth in UPA era better than 4 years of NDA even under new series

The data also shows that in 2010-11, just after one of the worst droughts, India clocked perhaps one of its best growth rates in agriculture at 8.8%

from Latest News https://ift.tt/2AyWjK3

ONGC, Coal India, NTPC among 22 stocks from BSE500 index hit 52-week lows

Avanti Feeds, Deepak Fertilisers, Jindal Steel & Power, NMDC, SAIL, Suzlon Energy and Rain Industries too hit 52-week lows today.

from Latest News https://ift.tt/2P7X3Lp

70 years after assassination, Gandhi's legacy still continues to inspire

Intellectuals are drawing on Gandhi in defiance of an oppressive global political climate and its relentless classification of different ideas

from Latest News https://ift.tt/2E3QlFi

TNRERA mandates real estate firms to include registration number in ads

The aurhority has said Tamil Nadu RERA website address to be mentioned and no disclaimer clause should be mentioned as the information is subject to change

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

FM defends revised GDP numbers for UPA era, Cong calls it a 'hatchet job'

FM Jaitley said CSO, which came out with the revised numbers, was a credible organisation and maintains arm's length distance from the finance ministry.

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

After a choppy CY18 so far, will markets see Santa Claus rally in December?

While analysts agree outlook for equities as an asset class remains strong, the markets may not see a runaway rally from here on in the near - term

from Latest News https://ift.tt/2Q1waht

Farmers threaten to stage naked march if stopped from going to Parliament

Main demands include removal of all farmer loans, profitable price for their agricultural products and a Rs 5,000 pension for farmers per month

from Latest News https://ift.tt/2rjA9Y9

Sun Pharma shares continue to decline

Sun Pharma stock is yet to recover from Wednesday's fall on the bourses when it hit a six-month low after a foreign brokerage firm raised concerns around corporate governance practices

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

ICICI Prudential now has 'business verified' Whatsapp account for customers

Several insurers have started using the service to speak to customers, albeit informally

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

Hotel Leela Ventues, Kamat Hotels jump up to 20% on hopes of robust growth

Shares of hotel companies Hotel Leela, Kamat Hotels, Sayaji Hotels, TajGVK and Oriental Hotels rallied up to 20 per cent on BSE in the intra-day trade on Thursday, on expectations of robust growth.

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

Why MP polls may be most emblematic of 2019 elections out of the 5 states

Four out of five opinion poll conducted in October suggest the BJP is likely to retain power in Madhya Pradesh, although with fewer seats than before

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

Mid, small-cap indices underperform benchmarks; Adani Transmission dips 4%

On the other hand, benchmark index S&P BSE Sensex was trading over 1 per cent higher at 36,079. The NSE's Nifty50 index reclaimed the crucial 10,800 level to trade at 10,827, up nearly 1 per cent.

from Latest News https://ift.tt/2P7Sfpe

More trade in assets will be 'taken over by machines', warns Quant chief

Industry now 'teaching the machine how to make that decision'

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

Trump takes a tougher line on Pak, but Mumbai terror attack goes unpunished

Although the administration's policy shift has raised hopes, a Pakistani intelligence officer and others indicted in the killings of 166 people remain at large

from Latest News https://ift.tt/2TT9ezb

Finance Commission to take innovative approach to develop Nagaland: Singh

Nagaland government has also requested for setting up of national institutes, particularly management, medical and engineering college

from Latest News https://ift.tt/2Q1H5b7

Global warming: Ageing, urban population vulnerable to heat-related death

In 2017, some 157 million vulnerable people were exposed to heatwaves. Some 153 billion hours of labour were lost last year due to heat exposure

from Latest News https://ift.tt/2AwEV8H

Relaxation in axle norms leads to demand for lower tonnage trucks

Earlier, the transporters in the lower tonnage segments faced challenges due to increased cost of operations

from Latest News https://ift.tt/2Rm2sQZ

Things Fall Apart: Chinua Achebe & the 'colonisation' of African literature

Published 60 years ago this year by Heinemann in London, Things Fall Apart has sold more than 10m copies and been translated into more than 50 languages

from Latest News https://ift.tt/2SfRV9Z

We will continue to invest in people irrespective of their nationality: TCS

The success of TCS rests on the talents, expertise and deep industry knowledge of its employees, who help customers in growth and transformation journeys, the company spokesperson added

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

Brexit risks driving Scotland out of EU and here's what needs to change

As Theresa May returns from Brussels to try and sell her withdrawal deal to parliament, the Union is straining like never before

from Latest News https://ift.tt/2TUkX0v

Kisan march: 100,000 farmers begin walk in Delhi to highlight farm distress

During the two-day Kisan Mukti March in the national capital, farmers will demand better minimum support prices and farm loan waivers

from Latest News https://ift.tt/2Rm0UXb

Hindustan Unilever nears record high; gains 14% in one month

The stock was up 2% to Rs 1,777, trading close to its record high level of Rs 1,808 touched on August 20, 2018, on the BSE in intra-day trade.

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

How will Google make a niche for itself as it enters censor-happy China

To keep the censors happy, Google will need to invest significant human, financial and technical resources to keep up with China's unique and exhaustive approach to controlling online information

from Latest News https://ift.tt/2PYQH6i

Next RBI rate hike to be one-and-done, not likely till April: Reuters poll

The RBI is now forecast to hike its repo rate in the April-June quarter next year, taking it to 6.75%, and then to hold it steady for at least another year

from Latest News https://ift.tt/2DO7mCl

Does the G20 summit really make a difference? World leaders reckon it does

Analysis shows most G20 promises are kept, and the forum really does exert a positive influence on its member nations.

from Latest News https://ift.tt/2ra9UTB

G20: Global trading, economic growth will be on table at Trump-Xi meet

It is one of the more significant meetings between two global leaders in the modern era

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

Isro's 12 PSLV first-stage S139 motors to be ready by the end of 2019

Solid propulsion plays an important role in launch vehicle technology

from Latest News https://ift.tt/2PcW2lq

BJP's communal rhetoric may reap poll reward elsewhere but not in Telangana

The BJP has campaigned on a poll plank distinct from the campaigns run by the two other major parties - Congress and TRS

from Latest News https://ift.tt/2DO7e5P

India seeks cooperation between UN and SCO to fully disrupt terror groups

India became a full member of the SCO in June 2017 after an administrative process that began two years prior

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

GDP back series data: Narendra Modi govt manipulating data of previous years, says Congress

The entire GDP back series data reflects the desperate attempt of a defeatist Modi Government to undermine India's growth story over last 15 years said Congress chief spokesperson Randeep Surjewala

from Latest News Business on Firstpost https://ift.tt/2AyWh4Z

Govt working on efforts to turn around AI; cost cutting, revenue augmentation measures to fetch Rs 2,000-cr benefits

The ministry would monitor the implementation of the AI plan and then report to the AISAM.

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

Rupee at 70: Currency advances 57 paise to 70.05 in early trade; dollar weakens post-Fed chairman's remarks

The rupee had surged by 17 paise to close at 70.62 against the US currency on Wednesday

from Latest News Business on Firstpost https://ift.tt/2AzbB18

GDP back series data: Twitter reactions on govt revising numbers range from 'joke' to 'jugglery' to 'manipulation'

The GDP back series data revision by the government on Wednesday has had some divergent and some strident views on Twitter.

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

India rejects US charge of subsidising cotton beyond WTO limits; says support extended to protect poor farmers

The US has alleged that India was providing substantial market price support for cotton well in excess of India's WTO spending limits

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

Sensex soars over 350 points on global cues, Nifty reclaims 10,800-mark; metal, FMCG, power stocks rally

The NSE Nifty was also trading 80.30 points, or 0.74 percent, higher at 10,809.15.

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

After Moody's, Icra downgrades Yes Bank citing poor corporate governance; warns of further cuts on adverse developments

Icra had placed the bank on rating watch earlier this month and had said the resignations--there were three so far--would impede the bank's ability to raise capital.

from Latest News Business on Firstpost https://ift.tt/2AuUP3r

GDP back series data: Having a new base year is fine, but high growth post-demonetisation is surprising

There can be no discussion on the new base year concept as it is globally accepted.

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

Pay Rs 20 cr by 30 November, Airports Authority of India to SpiceJet on dues; budget carrier's outstanding cross 80% threshold

SpiceJet's outstanding towards landing, parking and route navigation charges currently stands at Rs 117 crore, against its security deposit of Rs 104 crore, a source said

from Latest News Business on Firstpost https://ift.tt/2AAu25B

U.S. senators ask White House to probe ZTE work in Venezuela

By Angus Berwick CARACAS (Reuters) - Two U.S. senators on Wednesday asked the Trump administration to investigate whether Chinese telecommunications company ZTE Corp violated U.S. sanctions by helping Venezuela set up a database that monitors the behaviour of its citizens.

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

Global markets: stocks gain, dollar sags on dovish-sounding Fed

By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks rose on Thursday tracking a Wall Street rally as dovish comments from Federal Reserve Chair Jerome Powell boosted investor sentiment towards riskier assets. The dollar sagged against its peers on Powell's comments, which suggested the Fed's interest rate hike cycle may come to an end faster than initially anticipated.

from Latest News Business on Firstpost https://ift.tt/2AwJIH7

Insight: Supply chain reaction - trade war refugees race to relocate to Vietnam, Thailand

By Farah Master, Orathai Sriring and Anne Marie Roantree HONG KONG/BANGKOK (Reuters) - Fred Perrotta spent four years building a network of Chinese suppliers for his line of trendy backpacks, but as soon as the United States announced tariffs on almost half of its Chinese imports, he started looking for suppliers in other countries. That process is now so far advanced it would be too late to reverse it even if U.S.

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

Fed's Powell, in apparent dovish shift, says rates near neutral

By Jonathan Spicer and Ann Saphir NEW YORK (Reuters) - U.S.

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

Trump administration to examine tools to raise U.S. tariffs on Chinese autos

By David Lawder WASHINGTON (Reuters) - U.S.

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

U.S. and UK reach new post-Brexit deal on air services

By David Shepardson WASHINGTON (Reuters) - The United States and United Kingdom have reached a deal on a new open skies aviation agreement to govern air travel after Britain exits the European Union, the British government said on Wednesday. The deal "will guarantee the continuation of the vital transatlantic routes used by tens of millions of passengers a year, ensuring people can continue to travel easily between the UK and US and maintaining choice and good value travel," it said in a statement. The biggest concern has been over post-Brexit bilateral rules that would require airlines to have substantial U.S.

from Latest News Business on Firstpost https://ift.tt/2AwdQT8

Trump studying new auto tariffs after GM restructuring

By David Shepardson WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that new auto tariffs were "being studied now," asserting they could prevent job cuts such as the U.S. layoffs and plant closures that General Motors Co announced this week

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

Judge orders new talks in Fiat Chrysler diesel emissions case

By David Shepardson WASHINGTON (Reuters) - A federal judge in San Francisco on Wednesday ordered the U.S. Justice Department and Fiat Chrysler Automobiles NV to hold new talks with a court-appointed settlement master to try to settle the government's civil suit over the Italian-American automaker's diesel vehicle emissions. The Justice Department is seeking "substantial" civil fines from Fiat Chrysler in a suit filed in May 2017 accusing the company of illegally using software that led to excess emissions in 104,000 U.S

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

Wall Street jumps as Powell hints interest rate hikes may taper off

By Stephen Culp NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell boosted U.S.

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

U.S., UK reach new post-Brexit deal on air services

WASHINGTON (Reuters) - The United States and United Kingdom on Wednesday reached a deal on a new open skies aviation agreement to govern air travel after Britain exits the European Union, the UK government said. The UK said in a statement the deal "will guarantee the continuation of the vital transatlantic routes used by tens of millions of passengers a year, ensuring people can continue to travel easily between the UK and US and maintaining choice and good value travel." Without a deal, U.S. airline ownership rules could have posed an issue for some UK carriers.

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

Apple's iPhone XR is company's best-selling model, executive says

By Stephen Nellis (Reuters) - Apple Inc's iPhone XR has been the company's best-selling iPhone model every day since it went on sale in mid-October, a company executive told Reuters on Wednesday.

from Latest News Business on Firstpost https://ift.tt/2U0Jdya

Amazon launches machine learning chip, taking on Nvidia, Intel

By Stephen Nellis (Reuters) - Amazon.com on Wednesday launched a microchip aimed at so-called machine learning, entering a market that both Intel Corp and Nvidia Corp are counting on to boost their earnings in the coming years. Amazon is one of the largest buyers of chips from Intel and Nvidia, whose semiconductors help power Amazon's booming cloud computing unit, Amazon Web Services

from Latest News Business on Firstpost https://ift.tt/2Azbx1o

Wall Street surges on hints of fewer rate hikes, dollar falls

By Laila Kearney NEW YORK (Reuters) - Comments by Federal Reserve Chair Jerome Powell that benchmark U.S. interest rates were "just below" neutral sparked a sharp rally on Wall Street on Wednesday, easing investor worries about the pace of rate hikes by the U.S. central bank next year

from Latest News Business on Firstpost https://ift.tt/2TUh2AT

Explainer: What underlies U.S.-China tensions ahead of crucial G20 meeting?

By David Brunnstrom and Matt Spetalnick WASHINGTON (Reuters) - U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet on the sidelines of the G20 summit in Argentina this week for what some see as the most important meeting in years between the leaders of the world's two largest economies.

from Latest News Business on Firstpost https://ift.tt/2E4fr6C

China signs pact with India to inspect fish meal, fish oil imports

MUMBAI (Reuters) - India and China on Wednesday signed an agreement allowing Beijing to inspect imports of Indian fish meal and fish oil, as the two nations work out a broader trade deal following a thaw in relations this year. The decision was part of discussions between India's commerce ministry and a six-member Chinese delegation, led by Vice Minister, General Administration of Customs of China, Hu Wei, on easing market access for exports of various farm products, the ministry said in a statement.

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

Pepsi and Coca Cola pouring $1.4 bn into Pakistan: Govt

Pepsi planned to make " a further investment of $1.2 bln" in next five years, Khan's office said on Wednesday, after the company's chief executive for Asia, Middle East and North Africa, Mike Spanos, led a Pepsi delegation that met Khan.

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

Happy on Kartarpur corridor, but dialogue after Pak stops terrorism: Swaraj

Kartarpur Sahib in Pakistan is located across the river Ravi, about four kilometres from the Dera Baba Nanak shrine

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

Govt's poll bonanza of 55,649 new petrol pumps dragged to court by dealers

Presently, India has 56,000 retail petrol pumps of the three government oil marketing companies

from News https://ift.tt/2BB4KWO

Expert Asit Biswas questions govt's Ganga clean-up plan, calls it 'flawed'

Biswas, who is of Indian origin, said that if the present plan continues, he sees only more and more problems with the Ganga's clean-up in the coming years

from News https://ift.tt/2Q0Xpc6

Linking Aadhaar with welfare schemes has left some of India's poor hungry

Aadhaar fails to eliminate the obstacles between the deprived and their entitlements

from News https://ift.tt/2FI38yQ

Centre considers REC-PFC merger to bridge budget gap ahead of 2019 polls

Modi's government is seeking ways to narrow the country's budget deficit to help finance public welfare projects ahead of elections

from News https://ift.tt/2E0qkGM

News digest: Amazon vs Flipkart, YES Bank promoters conflict, and more

From Amazon's gross sales to RBI governor Urjit Patel, BS brings you top stories to keep up with the latest news

from News https://ift.tt/2r5ZqEU

GST collection: Couple of highs, but way short of Rs 12 trillion target

Average monthly revenues will have to rise at least 14 per cent in the next five months than what was achieved in the first five months to hit the target

from News https://ift.tt/2P5nykI

Advance authorisation licence for exporters: HC notice to govt, GST council

An advance authorisation licence is issued to allow duty-free import of inputs, which are physically incorporated in export products

from News https://ift.tt/2zr3RyI

MFI sector may be hit over liquidity issues: Bandhan Bank CEO CS Ghosh

Ghosh also suggested that microfinance institutions (MFIs) should be cautious in expansion in the present market scenario

from News https://ift.tt/2P6i2y9

Centre announces first mega buyer-seller logistics meet in 2019

Businesses from Iraq, Iran, and Afghanistan to attend meet supported by FIEO

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

Capital cushion needed amid global uncertainty: RBI governor Urjit Patel

The RBI governor told the members of Parliament that credit growth was 15 per cent and that the impact of November 2016 demonetisation had a transient impact on the economy

from News https://ift.tt/2Av5ISC

Over 300,000 people have benefited from Ayushman Bharat so far: Jaitley

Prime Minister Narendra Modi in September launched the Ayushman Bharat Pradhan Mantri Jan Aarogya Yojana

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

India to become largest coking coal importer by 2022: Tata Steel official

Former Coal India chairman N C Jha also said India to remain heavily dependent on imported coking coal

from News https://ift.tt/2FJgf2x

Demonetisation impact transient; economy now robust: RBI Guv to house panel

His views on the economy were "optimistic", sources said

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

Trai to meet telcos officials to discuss issues for deliberation in 2019

An industry source said the telecom operators could look for some clarity on the roadmap and timing for 5G auctions

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

Steel Ministry in talks with Karnataka govt to resolve Donimalai mine issue

Last week, NMDC said it has suspended iron ore-mining at the Donimalai mine in Karnataka

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

Ayushman Bharat: 66% beneficiaries availed treatment in private hospitals

There is no cap on family size and age in the Ayushman Bharat scheme, ensuring that nobody is left out

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

HC asks UP govt to submit details, formula for fixing state's cane price

Allahabad HC did not restrict the Yogi Adityanath government from fixing SAP for the current crushing season 2018-19 or make any observation regarding its maintainability

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

RBI announces Rs 400 billion worth of OMO purchases in December

The last lot of G-Secs for this month will be purchased by the RBI on November 29, under its Open Market Operations, for an aggregate amount of Rs 100 billion

from News https://ift.tt/2r9qzaa

Non-food credit grows at Rs 97.32 trn, highest since demonetisation: RBI

The higher growth in advances comes at a point when 11 banks are under RBI's PCA framework, which restricts them from fresh lending

from News https://ift.tt/2KBD3jH

Indian grape exports to China to treble in 2 years after 50% fall in 2017

Chinese govt officials agree to visit Nashik Vineyards after talks with Apeda; 19 Chinese firms participate in direct buyer-seller meet in Mumbai

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

ADB to lend $75 million for 24-hour water supply in four Karnataka towns

The $75-million tranche-one loan is being used to strengthen urban water supply and sanitation services

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

Ministerial panel nod for strategic sale of Air India's subsidiary AIATSL

Proceeds from the sale of AIATSL would be used to pay-off part of Air India's debt

from News https://ift.tt/2DZXu9p

Arunachal MP urges Modi to take up state's issues with China at G20 summit

The MP urged Modi to take up the issues with the Chinese president and stand up to the hopes and aspirations of the people of Arunachal Pradesh

from News https://ift.tt/2TVm14m

Post July auction success, Odisha to invite bids for 550 Mw solar power

"The auctions would be conducted on the reverse bidding mode. The chosen developer will have the discretion to select the location", an official source said

from News https://ift.tt/2RijU8O

Govt will work on Aadhaar's enrolment, updation services: Prasad to CSCs

Village-level Entrepreneurs or VLEs, who run CSCs, have been asking the govt to allow them to restart Aadhaar enrolment and updation services, after the UIDAI stopped Aadhaar work through such centres

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

In talks with FinMin to improve credit flow into export sector: Prabhu

Prabhu said exports are growing and the ministry is taking steps to further accelerate the growth rate

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

Become nimble, refocus on R&D and be on your toes: Sitharaman to DRDO

Mission 'Raksha Gyan Shakti' focuses on training officials in IPR (intellectual property rights) registrations and encouraging IPR culture in defence

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

What oil at $50 a barrel means for the world economy, India

Much depends on how world oil demand shapes up as it gets battered by a stronger dollar and global trade spats

from News https://ift.tt/2E1NP2n

Amitabh Kant wants ban on fossil fuel-based gensets to reform power sector

He also made case for phasing out more than 25 year old coal based thermal power plants, creating of open access power market, commercial coal mining and promoting renewables

from News https://ift.tt/2E01HtE

Nestlé, Unilever in pole position for GSK's Indian Horlicks business: Reports

The auction for the assets, including popular malt-based health drinks brands Horlicks and Boost, could fetch more than $4 billion, sources told Reuters previously.

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

Coke’s India bottling partner posts 4% fall in revenue

Net sales are not comparable as turnover in the last fiscal was calculated net of the Goods & Services Tax (GST) since May last year.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2DNVYq2

UAE-based Rainbow Hospitality group to expand operations in Kerala

The group which runs several restaurants in Dubai and Sharjah and has strong presence in the food catering business has begun services in the state starting from Kochi.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2SeLy6L

James Hall retailers win funding from Spar study tour

Store owners and managers visited 21 stores in Preston, Durham, Southport and Manchester

from The Grocer - latest headlines https://ift.tt/2zvOW6j

Amazon calls end to Restaurants takeaway delivery service

Amazon Restaurants first launched in Seattle in 2015 before coming to London in 2016

from The Grocer - latest headlines https://ift.tt/2Qp9F5o

Media Bites 27 Nov: Black Friday/Cyber Monday, UK pubs, Cake Box

Black Friday turned ‘bleak Friday’ for bricks and mortar retailers this year as shoppers flocked online to pick up bargains.

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

William Jackson buys premium vinegar and olive oil brand Belazu

The transaction marks the Yorkshire-based group’s second deal since its sale of Aunt Bessie’s in June

from The Grocer - latest headlines https://ift.tt/2r5Ltqu

City snapshot: Lower pig prices hold back Cranswick’s first half growth

Protein supplier Cranswick has posted first half revenue growth of just 0.6% as export sales fell back. Plus, Greggs upgrades full year expectations on strong autumn trading and William Jackson Food Group agrees to buy premium olive oil brand Belazu.

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

Birla Corp plans to replace cement brands Samrat and Chetak with Perfect

The company positions Perfect as its new flagship, looks to build a unified national corporate identity and premium appeal for its products

from https://ift.tt/2E00Xoq

Why small businesses are on Professor Chris Elliott’s food safety watchlist for 2019

Food hygiene and allergy control must be rolled into a single system of monitoring and enforcement, says Professor Chris Elliott 

from The Grocer - more food safety news & analysis https://ift.tt/2FV0eqe

What search data can tell us about the impact of supermarket Christmas ads

Cultural playfulness, fun and emotional connections are winning with shoppers, says Google’s Harry Walker

from The Grocer - more product marketing news & analysis https://ift.tt/2BDo0mH

Nestlé nearing deal for Horlicks

Nestlé global is likely to ink the deal and wouldn’t merge GSK Consumer with its own listed local subsidiary immediately.

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

Dabur plans to scale up three brands in three categories to Rs 100 cr each: Mohit Malhotra

It will take us three to four years to scale the businesses up to Rs 100-crore level each, says the CEO

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2TS0mK8

Amway enters herbal market with new skincare range

This skincare range from Amway consists of three products - a day cream, a night cream, and a face wash. According to the company, Nutrilite Traditional Herbs range, introduced earlier this year will cross the Rs 100 crore mark by year end.

from food-entertainment/personal-care-pet-supplies-liquor - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2As8esZ

Ease of doing business: India fares better than other EMs, but cities lag

Country is ahead of China, Vietnam and Bangladesh on construction permits, trading across borders and starting a business, but certain painful procedures in the metro haven't been eased yet

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

Air quality: India's poor response to pollution could fuel social epidemic

If the country doesn't pull up its socks now, deaths due to pollution could touch 3.6 mn a year by 2050 -- and the poor will be the biggest sufferers

from Latest News https://ift.tt/2RjOM99

Scientist apologises for leak of gene editing result , govt denounces work

A hospital linked to Chinese scientist's gene-editing research suggested its ethical approval had been forged.

from Latest News https://ift.tt/2SmUM15

FIH Men's Hockey World Cup 2018: When and where to watch today's match

In the first match of Hockey World Cup 2018, Belgium take on Canada, who qualified for Odisha World Cup after defeating India at the Hockey World League Semi-finals at London in 2017

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

Mid, small-cap indices move in range amid rise in benchmarks

At 12:39 pm, the S&P BSE MidCap index was trading 0.06% higher at 14,947, while the S&P BSE SmallCap index was up 0.07% at 14,401.

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

Happy on Kartarpur corridor, but dialogue after Pak stops terrorism: Swaraj

Kartarpur Sahib in Pakistan is located across the river Ravi, about four kilometres from the Dera Baba Nanak shrine

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

Michael Clarke, Simon Katich clash over Australia's non-aggression pact

Clarke joined a chorus of former players who have criticised the new ethos propagated in the wake of March's ball-tampering scandal

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

Rajasthan election 2018: 'Kamdar' in fight against 'naamdar', says Modi

Narendra Modi made a distinction between the one who works and the dynast in a jibe against Congress president Rahul Gandhi in Rajasthan's Nagaur

from Latest News https://ift.tt/2PYP3l3

Dial 108: India's emergency response number has saved 1.5 mn lives so far

The service, currently available in 16 states and two union territories, employs 47,000 people and attends 80,000 calls daily

from Latest News https://ift.tt/2Rkx9G7

BPSC 64th civil services prelim exam admit card released: How to download

For details regrading BPSC admit card, click on BPSC website- http://bpsc.bih.nic.in/

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

Govt's poll bonanza of 55,649 new petrol pumps dragged to court by dealers

Presently, India has 56,000 retail petrol pumps of the three government oil marketing companies

from Latest News https://ift.tt/2BB4KWO

I am eyeing a gold at Tokyo Olympics, training hard for it: Mary Kom

The 36-year-old claimed her sixth gold at the world event, making her the most successful boxer in the tournament's history with an overall tally of seven medals

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

Bangladesh elections: Ageing 'uncle' seeks to bring down PM Sheikh Hasina

In a general election due next month, Hasina's ruling Awami League will be fighting to retain power against a new alliance led by Kamal Hossain

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

Jet Airways climbs 9% on reports Naresh Goyal will sell controlling stake

Shares of Jet Airways surged as much as 9 per cent to Rs 319.80 apiece on BSE after a TV report said that airline's promoter Naresh Goyal has agreed to sell his controlling stake in the company.

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

It's not only Trump's tantrums that could defeat the purpose of G20 summit

The G-20 was established in 1999 as a forum for finance chiefs and central bankers from economies representing some two-thirds of the world's population and 85% of global output

from Latest News https://ift.tt/2r8SfvJ

LeT militant Naveed Jhutt involved in Shujaat Bukhari's murder gunned down

Bukhari, a veteran journalist and editor of Rising Kashmir, was shot dead by terrorists outside his office in Srinagar in June this year

from Latest News https://ift.tt/2E1EI1C

Trump's renewed demand for $5 billion wall threatens US govt shutdown

Washington's focus on the Mexican border coincides with televised images of US border police lobbing tear gas canisters over a border fence in Southern California

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

Expert Asit Biswas questions govt's Ganga clean-up plan, calls it 'flawed'

Biswas, who is of Indian origin, said that if the present plan continues, he sees only more and more problems with the Ganga's clean-up in the coming years

from Latest News https://ift.tt/2Q0Xpc6

Dr Reddy's launches blood pressure drug chlorthalidone tablets in US mar

Chlorthalidone tablets USP in the strengths of 25 mg and 50 mg

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

Vishal Bhardwaj to serve as showrunner on Netflix's 'Midnight's Children'

The novel was also adapted as film in 2013 by Indo-Canadian filmmaker Deepa Mehta with Rushdie writing the screenplay

from Latest News https://ift.tt/2RlKMF2

India vs Australia: Was a bit sad but moved on, Dhawan on Test omission

The Delhi opener is confident that India will do well in the four-Test series beginning December 6 at Adelaide

from Latest News https://ift.tt/2Q4kH0Q

Arvind rebounds 33% from day's low; stock trade ex-date for demerger

The stock was up 9% to Rs 120, bouncing back 33% from its early morning low of Rs 90.25 on BSE.

from Latest News https://ift.tt/2zuf4hT

India vs Australia: Rain plays spoilsport in warm-up match in Sydney

Play was impossible at the Sydney Cricket Ground, where the tourists are scheduled to play a non-first class tour match against an understrength representative side

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

Election fog clouds Indian stocks' outlook for first time this year: Poll

With state elections slated over coming months and a general election scheduled for May, Indian shares could remain subdued until the results become clear

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

MP, Mizoram assembly elections: PM Modi asks voters to exercise franchise

Modi took to Twitter to reach out to people in the two states, asking them to exercise their franchise in the 'festival of democracy'

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

Relief as fuel prices continue to fall; Petrol below Rs 80-mark in Mumbai

Petrol prices declined to Rs 79.12 (decrease by 50 paise) per litre in Mumbai

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

When will commercially viable electric vehicles take to the skies?

A key challenge in building electric aircraft involves how much energy can be stored in a given amount of weight of the on-board energy source

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

Rogue science strikes again: The case of the first gene-edited babies

Various bodies have emphasized that, for gene editing to proceed to human trials, a robust public discussion is first needed to establish its legitimacy

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

Hotel Leela zooms 73% in three days as Thailand's Minor eyes majority stake

The stock surged 20% to Rs 15.28 on the BSE, gaining 73% from Rs 8.85 on Friday.

from Latest News https://ift.tt/2P5P29G

Earnings acceleration could be pushed back beyond March 2019: Lalit Nambiar

As a fund house, we had been maintaining the view that valuations were high. Relative attractiveness of the equity asset class drew domestic savings flow and propped up valuations.

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

Arun Jaitley says 3 lakh poor benefited from Ayushman Bharat; stresses need to raise rural sector's contribution

Finance Minister Arun Jaitley said that about 3 lakh poor people have benefited from Ayushman Bharat health scheme in the last one-and-a-half months.

from Latest News Business on Firstpost https://ift.tt/2Q0YsZk

Gold ETFs witness Rs 290-crore outflow in Apr-Oct period; asset base declines 8% to Rs 4,621 crore

In comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs 422 crore in the first seven months of 2017-18, latest data with industry body Amfi showed.

from Latest News Business on Firstpost https://ift.tt/2Rk0oZM

Rupee at 70: Currency falls 10 paise to 70.89 against dollar in early trade on softening crude prices

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets, capped the losses.

from Latest News Business on Firstpost https://ift.tt/2Q0XnB0

Sterlite Power SPV raises Rs 3,000 cr via bonds; completes major transmission project in Kashmir before schedule

Sterlite Power said on Tuesday that its special purpose vehicle NRSS XXIX Transmission Ltd has raised Rs 3,000 crore through bonds on BSE BOND platform.

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

Sensex rises nearly 200 points on positive global cues; Nifty up; falling crude prices catapult bullish sentiments

Sensex was trading 177.17 points or 0.50 percent, higher at 35,690.31

from Latest News Business on Firstpost https://ift.tt/2Q2scVZ

Sebi fines brokerage firm Anand Rathi for violating stock broker norms; transfers funds from client's account to own

Sebi had outlined strict segregation of client's funds, member account's funds and transfer of funds is permitted as an exception under specific instances.

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

Arvind invests Rs 350 cr in garment manufacturing hub in Gujarat; to push up revenues by Rs 1,000 cr

Arvind also plans to invest Rs 500 crore per annum for the next 4-5 years with an aim to double revenue from its textile business to Rs 12,000 crore, the company said.

from Latest News Business on Firstpost https://ift.tt/2Q0YjVM

Jindal Steel and Power Limited's steely resolve

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

SEBI issues norms for interoperability among clearing corporations; to be operational by 1 June

The interoperability would permit trading members to clear trades through a firm of their choice instead of going through the CCP owned by the bourse on which the trade was executed.

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

No takers for Rs 1,717 cr of CSR funds in FY18; slum development, Armed forces, tech incubators most neglected areas, says report

The CSR spending list was topped by education sector at Rs 3,817 crore and followed by healthcare which saw inflows of Rs 2,509 crore, it said

from Latest News Business on Firstpost https://ift.tt/2RfCM8x

RBI to pump in additional liquidity of Rs 40,000 cr in December; auction dates for OMOs to be announced soon

In October, the RBI had already injected Rs 36,000 crore into the system through OMOs.

from Latest News Business on Firstpost https://ift.tt/2Q0Y8tA

Reserve Bank of India needs its current reserves, says Governor Urjit Patel to Parliamentary Panel

Urjit Patel, who appeared before the Parliamentary Standing Committee on Finance on Tuesday to brief on demonetisation and NPA situation in the public sector banks, among other issues

from Latest News Business on Firstpost https://ift.tt/2Rk4bq3

China's vice premier says no country can win a trade war

By Noah Barkin HAMBURG, Germany (Reuters) - China's Vice Premier Liu He told an economic conference in Hamburg on Tuesday that protectionist and unilateral approaches on trade would only deepen economic uncertainty, saying no country could emerge as a winner in a trade war.

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

FTSE 100 set for hesitant recovery in 2019 amid Brexit crunch: Reuters poll

By Helen Reid LONDON (Reuters) - Britain's top stock index will claw back some ground next year after a bruising 2018 but gains will be much more muted than originally expected, brokers, fund managers and analysts predicted in a Reuters poll on Wednesday. Investors must navigate Britain's formal exit from the European Union in March and some see a likelihood of a snap general election next year too, opening the possibility of a Labour government replacing the ruling Conservatives.

from Latest News Business on Firstpost https://ift.tt/2Rk46CL

Growth and trade worries to keep a lid on European stocks in 2019: Reuters poll

By Danilo Masoni MILAN (Reuters) - European shares will move in a tight range going into the year-end and throughout 2019, a Reuters poll showed, as slowing growth, political risks and worries over Washington's protectionist policies keep investors on the sidelines. European and euro zone indices have fallen 8-10 percent so far this year, lagging Wall Street, as analysts have been slashing their earnings growth forecasts amid a weakening economic outlook and tensions over Italy's budget. The pan-European STOXX 600 benchmark index is expected to reach 365 points by year-end, according to the poll of 27 brokers, fund managers and analysts, 1.9 percent above Monday's close of 358 points but 6.2 percent down on the year

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

UK government, Bank of England to spell out no-deal Brexit risks for economy

By William Schomberg LONDON (Reuters) - The British government and the Bank of England are likely to step up their warnings on Wednesday of a hit to the economy from a no-deal Brexit, potentially helping Prime Minister Theresa May to tackle deep opposition to her plan. Barely four months before Britain is due to leave the European Union, May has failed to get much of her own Conservative Party behind the agreement sealed with EU leaders on Sunday, leaving open the possibility of a no-deal Brexit. BoE Governor Mark Carney and finance minister Philip Hammond have both previously stressed the importance of a transition period, as included in May's plan, to ease Britain out of its four-decade membership of the EU

from Latest News Business on Firstpost https://ift.tt/2Rk42D1

GSK in exclusive discussions with Unilever about Indian Horlicks unit: FT

(Reuters) - GlaxoSmithKline Plc is in exclusive talks to sell its Indian Horlicks nutrition business to Unilever Plc , putting an end to an auction that is expected to fetch more than $4 billion, Financial Times reported on Tuesday.

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

Oil edges up ahead of OPEC meeting, but sentiment still cautious

By Henning Gloystein SINGAPORE (Reuters) - Oil prices rose on Wednesday ahead of an OPEC meeting next week at which the producer club is expected to decide some form of supply cut to counter an emerging glut.

from Latest News Business on Firstpost https://ift.tt/2Rk3Y6f

Stock options traders brace for volatility ahead of G20 summit

By Saqib Iqbal Ahmed NEW YORK (Reuters) - U.S.

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

Global markets: Asian shares tentative ahead of Trump-Xi meeting, Fed speech

By Swati Pandey SYDNEY (Reuters) - Asian shares dithered on Wednesday and the dollar jumped to a near 1-1/2-year top as risk assets rowed back amid conflicting signals on prospects for de-escalating the Sino-U.S. trade dispute. MSCI's broadest index of Asia-Pacific shares outside Japan was last flat with Australian stocks the biggest drag

from Latest News Business on Firstpost https://ift.tt/2RfCu1r

Google workers demand end to censored Chinese search project

By Paresh Dave SAN FRANCISCO (Reuters) - More than 200 engineers, designers and managers at Alphabet Inc's Google demanded in an open letter https://ift.tt/2FKpwrj on Tuesday that the company end development of a censored search engine for Chinese users, escalating earlier protests against the secretive project. Google has described the search app, known as Project Dragonfly, as an experiment not close to launching.

from Latest News Business on Firstpost https://ift.tt/2Q1251u

Hong Kong's finance sector M&A deals fall prey to China crackdown

By Sumeet Chatterjee and Kane Wu HONG KONG (Reuters) - Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as China's moves to tighten capital controls and crack down on corporate debt have driven mainland buyers away. Hong Kong's financial institutions have long been considered juicy targets, helped by the city's wealth as well as its tight currency peg to the U.S.

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

YouTube shifts to make new exclusive shows, movies free to users

By Paresh Dave SAN FRANCISCO (Reuters) - YouTube plans to make all future original programming available to users for free with advertising, as the video streaming unit of Alphabet Inc's Google seeks a bigger audience for shows and movies that had mostly been restricted to paid subscribers. The shift in strategy means that starting next year, YouTube Premium will no longer have exclusive access to original programs, removing one of the main benefits of the subscription offering. YouTube's paid option will still remove ads from originals as well as all other videos, and it comes with music streaming privileges.

from Latest News Business on Firstpost https://ift.tt/2Q35RYb

Analysis: South Korea's construction sector feels chill from Moon policies

By Hayoung Choi SEOUL (Reuters) - Jeong Myeong-in drives his dump truck up to 800 km (500 miles) a day across South Korea to find work and sleeps only three hours a night to keep up payments on his truck.

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

Coke’s India bottling partner posts 4% fall in revenue

Net sales are not comparable as turnover in the last fiscal was calculated net of the Goods & Services Tax (GST) since May last year.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2DNVYq2

Indian companies raise Rs 36,176 crore through securities in October

Public issue offers securities of a company to the public to garner funds.

from News https://ift.tt/2r1CkPQ

CBDT member Akhilesh Ranjan appointed as head of new direct tax code panel

Other members of the earlier task force have been retained, the board said

from News https://ift.tt/2FJOlU9

US-China spat may spell manna for SME leather exporters: CRISIL

The US, the UK, Germany, Spain, France and Italy account for more than half of overall leather exports from India

from News https://ift.tt/2TM6Qu7

Tamil Nadu brings cheer for direct sellers, notifies industry guidelines

The Government of Tamil Nadu has notified the Direct Selling Guidelines 2018, following the suit of various other States in the country in line with the Central Guidelines to regulate the Direct Selling. The Indian Direct Selling Association (IDSA), the apex industry body, has welcomed the move stating that this would help the direct sellers to grow confidently in the State.In 2016, the Department of Consumer Affairs, Government of India had notified the Direct Selling Guidelines, a model framework as guiding principles for the state governments to regulate Direct Selling and Multi-Level-Marketing. According to the Guideline, the direct selling entity will be responsible for the quality of products and services and it will guide and help the direct seller to follow best practices in the interest of the consumers. The scope and specific liabilities of the direct seller in such cases will be defined in unambiguous terms i the contract signed. By way of providing the contract, every ...

from News https://ift.tt/2FGRm7D

Sunil Arora new chief election commissioner; notification soon: Reports

He succeeds Om Prakash Rawat, who retired on Saturday

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

Greenfield investment promise at Make in Odisha summit could employ 230,000

Haldia Petrochemicals emerged as the biggest greenfield investor, pledging Rs 700 billion in fertiliser, refinery, petrochemicals, chemicals and plastics.

from News https://ift.tt/2SdxD0N

Slow pace of procurement hampers UP's target to buy 5 mn tonnes of paddy

If UP govt is able to achieve its procurement target, the total payout to the state's farmers is projected to hit almost Rs 85 bn

from News https://ift.tt/2DY9ok6

Import surge chokes top line of aluminium companies in Q2 of FY19

Overall domestic sales of top producers Hindalco, Vedanta and Nalco inched up only 3.56%; all three firms had their market share eroded

from News https://ift.tt/2Ap5dK5

India to press for a better deal with China as part of RCEP negotiations

India has asked for 20 years period to remove these duties

from News https://ift.tt/2r1CiHI

Crude oil speculative positions rise sharply following price fall

While the commodity has fallen significantly in the short term, reports of slowing global growth and likelihood of Opec cutting output in its December 6 meet aren't allowing recovery

from News https://ift.tt/2P3FFYe

India, China amend Double Taxation Avoidance Agreement to prevent evasion

In a statement, the Finance Ministry said that the protocol updated the existing provisions for information exchange to the latest international standards

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

India learned lessons from 26/11 Mumbai attack, but so did Pak terrorists

Worse, by attacking the social fabric of the country, the Hindutva groups are laying the ground for greater insecurity in the future

from News https://ift.tt/2TLdz7B

Karnataka urges duty hike on imported iron ore, pellets to aid local miners

State chief minister H D Kumaraswamy writes to PM Modi citing pile of inventory due to poor response to mandatory e-auction of these items of raw material

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

Sept quarter GDP growth may slow to 7.5-7.6% as rural demand declines: SBI

GDP growth at constant prices was 8.2% in the April-June quarter of 2018-19

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

Forced to fund half their pension by themselves, govt employees up in arms

The new pension scheme has caused indignation and sparked widespread protests

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

Exploring ways to make Indian firms to be among world's top MNCs: Niti V-C

The US continues to have the largest presence on the elite list with 132 firms, followed by China at 109

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

Govt to invest Rs 420 bn in PSU banks by March; next tranche in Dec: FinMin

The government announced the Rs 2.11-trillion capital infusion programme in October last year

from News https://ift.tt/2Aljtn2

Govt extends duty benefits to non-basmati rice exporters to boost shipment

The duty benefit is provided under the commerce ministry's Merchandise Exports from India Scheme (MEIS)

from News https://ift.tt/2FGHiM7

Oil PSUs should share feasibility report to potential dealers: TNDA

On Sunday, the three companies -- Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation -- announced their plans to add 5,125 new dealers in the state

from News https://ift.tt/2r4zN7i

Hockey World Cup 2018: Bhubaneswar gears up to host battle of champions

Tickets for the Hockey World Cup 2018 opening ceremony and India matches have been sold out.

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

Modi govt to push RBI to lift lending restrictions on some banks: Report

The members, including government nominees, will press for some of the weak banks to be removed from the so-called prompt corrective action list

from Latest News https://ift.tt/2zo87Pq

How financial difficulty for blue chip firms is bad news for the rest of us

Fueled by cheap credit, American corporations have been gorging on acquisitions. The party may soon be over

from Latest News https://ift.tt/2PYKG9A

How China is using money, muscle might to redraw global power order

Beijing is leveraging its commercial and military might to redraw the terms of trade, diplomacy and security, challenging the liberal democratic order

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

Intermediate bounce in oil price likely: Abhishek Deshpande of JPMorgan

In a Q&A, the executive director of JPMorgan Chase Bank says sluggish GDP growth and low-cost non-Opec supply should cap oil prices in the absence of any large-scale geopolitical disruption

from Latest News https://ift.tt/2PUtX7z

Meet Zora, the robot companion, caregiver for elderly patients in France

The experience at Jouarre provides a window into a future when we will rely more on robots to help care for loved ones as they age

from Latest News https://ift.tt/2Qo6ZVQ

Congress should have given Bharat Ratna to Vajpayee, says Farooq Abdullah

Vajpayee was presented the country's highest civilian award at his residence in 2015

from Latest News https://ift.tt/2Rhtd9h

Back Brexit deal to prevent food chaos, urge retail leaders

In a bid to persuade politicians to back Theresa May’s deal, the BRC has warned of price increases of more than 40% for some everyday staples

from The Grocer - more prices and promotions news & analysis https://ift.tt/2PYQsIF

Consumers in Kochi ready to switch to fresh milk

Lot of new players, who bring milk procured from Tamil Nadu have entered the market but consumers are wary of even trying them out.

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

Plastic bags used openly in Dehradun, government’s ban no deterrent

Traders allege that even though they started using biodegradable and paper bags, most customers found polythene bags to be the more viable option.

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

Plastic ban: Stores in Chennai take baby steps as deadline closes in

“When we tell customers that we do not provide plastic bags, they fight. Unless they change their attitude, it is difficult for us,” said a shop owner.

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2Qh75hU

KFC fine-tunes India strategy, hands over 13 more stores to RJ Corp Firm

When asked if RJ Corp would be keen to acquire more KFC restaurants in India, chairman Jaipuria said: “We will be happy to acquire more KFC stores if and when Yum! decides to franchise them.”

from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2BA54W2

Brewhouse gets $2 mn funding from Singapore based co.

Food Empire Group had previously invested USD 6,00,000 in Positive Food Ventures in November 2017. This is the only consumer-facing business investment of the group in India.

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

Forthglade aims to double production with new £8m factory

An extra 20 people will join the 130-strong workforce

from The Grocer - latest headlines https://ift.tt/2TPZQw6

Convenience stores urged to take part in Small Business Saturday this weekend

SBS is a grassroots campaign which encourages the public to ‘shop local’ and support small firms in their communities…

from The Grocer - latest headlines https://ift.tt/2Rdds2T

Diageo hails year of progress as it narrows gender pay gap

Diageo has consistently outranked other FTSE100 players when it comes to gender diversity

from The Grocer - latest headlines https://ift.tt/2E0f5OL

Sainsbury's to label products most useful to food banks

The campaign will see on-shelf labels flag items that are priorities for the charities

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

Waitrose downsizes Tesco price-match promise

Waitrose’s Brand Price Match now covers 1,200 lines instead of 8,000

from The Grocer - latest headlines https://ift.tt/2r7pH5E

Coal India, Vedanta, NTPC, SAIL hit 52-week lows

BASF, CARE Ratings, Hexaware Techno, ITD Cementation, Jindal Stainless, Shankara Building, Take Solutions and Timken India were among 18 stocks from the S&P BSE 500 index touched 52-week low today

from https://ift.tt/2TIkyOx

Now is the time for investors to bet on 2019 election results: FundsIndia

Investing five to six months before the elections in 2009 and 2014 earned an average three to six per cent more than the Indian benchmark return in the five-year period to the next vote

from https://ift.tt/2FGmzI2

26/11: Trump admin announces $5-mn reward for details on 2008 Mumbai attack

Today's announcement marks the third RFJ reward offer seeking information on the perpetrators of the Mumbai attack

from https://ift.tt/2PX64wb

Unless banks lend, how will they come out of PCA?: Financial Services Secy

The NPAs peaked at 11.6%(by the end of March 2018) and have reduced by Rs 360 bn in the first two quarters of this financial year

from https://ift.tt/2FHDWbC

Babease and Ikea team up for child nutrition giveaway

The brand will next month roll out a new trio of pouch meals for feeding stages one and two

from The Grocer - more product marketing news & analysis https://ift.tt/2KxWCt6

KTM Duke 125cc with ABS launched in India at Rs 1,18,000: All details here

While baby duke is the most affordable offering from KTM's stable, it is also the most powerful as well as the most expensive 125cc in the Indian market

from Latest News https://ift.tt/2DN9Ws4

IBPS clerk prelims admit card 2018 released: Here's how to download

Candidates waiting to download the IBPS admit card can now have access to it by visiting its official website

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

YES Bank slips over 2% as RBI begins inspecting bank's exposure to NBFCs

Shares of YES Bank slipped as much as 2.1 per cent to Rs 184 in the intra-day trade on NSE after a news report suggested that the RBI on Monday began examining the private bank's exposure to NBFCs

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

Google AI plays safe, blocks gender-based pronouns like 'him' and 'her'

Google's technology will not suggest gender-based pronouns because the risk is too high that its 'Smart Compose' technology might predict someone's sex or gender identity incorrectly

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

Only a referendum on May's Brexit deal can end deadlock in parliament

If No Deal was on the ballot, it would split the pro-Brexit vote between May's Brexit and a No Deal Brexit

from Latest News https://ift.tt/2TNcVX9

How low-wage workers in data factories are boosting China's AI ambitions

Many of the data factory workers are the kinds of people who once worked on assembly lines and construction sites in big cities.

from Latest News https://ift.tt/2AtoAS4

Meet the Indian brains behind Automation Anywhere, tomorrow's bot workforce

The firm is disrupting the RPA space globally by leveraging India's talent base; its clientele includes names such as Google, Cisco and Siemens

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

Why are the glaciers on Mt Everest more sensitive to climate change?

Researchers are still collecting temperature data to analyse and understand how the highest glaciers in the world will be affected by climate change

from Latest News https://ift.tt/2Rhi2gK

Indian manufacturers look beyond automation to make factories smarter

Businesses are monitoring live production feed online to improve efficiency and reduce cost of manufacturing

from Latest News https://ift.tt/2Qjcq8y

Sun Pharma hits 5-month low; stock slips 7%

The stock dipped 7% to Rs 475, its lowest level since June 6, 2018 on the BSE.

from Latest News https://ift.tt/2PWBD9s

How legal battle with Pikini app threatens to strip bare Facebook secrets

The Pikini app for locating photos of users in swimsuits didn't last long because Facebook restricted developer access to friends' data

from Latest News https://ift.tt/2TOFa7N

IFCI surges 6% on receiving Rs 4.9 billion for Binani Cement resolution

On November 14, Aditya Birla Group firm UltraTech Cement won bid to acquire debt-ridden Binani Cement after the NCLAT approved its revised Rs 79.50 billion bid over an offer by rival Dalmia Bharat.

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

Come January, Toyota cars across the board will cost you up to 4% more

There has been an impact in the cost of manufacturing of vehicle primarily due to rupee depreciation

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

Trump asks GM to stop making cars in China, open new plant in Ohio

Noting that their car is not selling well, Trump exuded confidence that soon they will put something else

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

How Indians are turning to WhatsApp to talk about food, culinary traditions

The application, blamed for all kinds of mayhem on the subcontinent, has proved a boon for farmers, home cooks and chefs who once lacked a way to share

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

Podcasting vs radio: Four issues that will decide the future of audio

The complex relationship between traditional radio and newer forms such as podcast is manifest in the way people consume media in the digital world

from Latest News https://ift.tt/2Ky7YNE

Realities of food insecurity: India worse than Ethiopia in many indicators

India sees itself as an emerging world power, but doubts about the direction of its development remain

from Latest News https://ift.tt/2QkmXA7

Nifty Metal index hits four-month low; JSPL,Vedanta hits fresh 52-week lows

Tata Steel, Vedanta, JSW Steel, Jindal Steel & Power, SAIL, NMDC, NMDC and Jindal Stainless (Hisar) were down in the range of 2% to 4% on the NSE.

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

IFC plans to invest around $20 mn in Suryoday Small Finance Bank

World Bank's investment arm said that the proposed investment would demonstrate IFC's continued support to its financial inclusion partners

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

After chilli attack, cleric held with live bullets at Kejriwal's residence

A live cartridge of .32 bore was recovered from his purse by security staff deputed at Kejriwal's residence

from Latest News https://ift.tt/2PVa7cd

Delhi's air quality plummets to 'very poor' after 'unusual improvement'

The increase in pollution can be attributed to a decline in wind speed as compared to the past two days

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

Rajasthan: PM Modi's silence on lynchings leaves Alwar crowd unimpressed

From dozens of impressive entrance gates to a trivial single entrance, the difference between Modi's 2013 rally and the one now was clearly visible

from Latest News https://ift.tt/2DMu5ib

Depravity of climate change denial: Risking lives for profit, ideology, ego

: While Donald Trump is a prime example of the depravity of climate denial, this is an issue on which his whole party went over to the dark side years ago

from Latest News https://ift.tt/2DJ947Q

How to meet climate change targets? Reduce meat consumption, says study

For the first time, Harwatt proposes a three-step strategy to gradually replace animal proteins with plant-sourced proteins

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

'I don't believe it', says Trump on his government's climate change warning

Trump has long said he distrusts the consensus by nearly all the world's respected climate scientists on the link between human activity and rising temperatures

from Latest News https://ift.tt/2Bzcn07

'Demonetisation was Modi govt's failed national improvement scheme'

The new India being forged through the pain of demonetisation makes a clear distinction between the 'us' and the 'other'

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

VIP Industries hits two-month high; stock climbs 30% in one month

The stock was up 5.5% at Rs 514 on Tuesday, extending its 6% rally on BSE in the previous session, on the expectation of strong demand outlook.

from Latest News https://ift.tt/2BAQvS9

After sanctions, made-in-China fake news engulfs Taiwan as ties turn sour

Beijing has suspended diplomatic contact with Taiwan, imposed economic sanctions, forced other countries to cut ties with Taiwan and has bolstered its military presence in the Taiwan Strait

from Latest News https://ift.tt/2TMZlD9

Mizoram: In uncertain times, candidates contesting from multiple seats

In the 1989 polls, held after a bout of President's rule that prematurely brought to an end the first elected MNF government, quite a few candidates contested from two constituencies

from Latest News https://ift.tt/2r2EtuC

Here's why retaining his seat won't be easy for KCR in Telangana elections

As the state goes to polls on December 7, will the visible development work done by the TRS government prevail?

from Latest News https://ift.tt/2FJJfY9

Sun Pharma to acquire Japan's Pola Pharma for $1 mn; to strengthen presence in dermatology segment

Pola Pharma's portfolio mainly comprises dermatology products. It has two manufacturing facilities in Saitama with capabilities to manufacture topical products and injectables.

from Latest News Business on Firstpost https://ift.tt/2DYANT5

India had highest average real wage growth in South Asia in 2008-17, says ILO report

The Global Wage Report 2018/19 said that all emerging G20 countries, except Mexico, experienced significant positive growth in average real wages between 2008 and 2017.

from Latest News Business on Firstpost https://ift.tt/2TOK30T

IIFL Securities to acquire 15% stake in stock market analytics platform, Trendlyne

The investment will allow IIFL and Trendlyne to mutually partner and integrate user features like superstar portfolios and stock screeners.

from Latest News Business on Firstpost https://ift.tt/2Atu0fS

Petrol prices fall to below Rs 80 in Mumbai for first time in 9 months; diesel rates lowest in four months

Petrol, diesel prices witnessed almost 45 paise per litre drop across major cities in the country.

from Latest News Business on Firstpost https://ift.tt/2TOkOf6

Sensex, Nifty turn cautious amid weak global cues, uncertainty over US-China trade war

Sensex was trading 27.28 points, or 0.08 percent, lower at 35,326.80.

from Latest News Business on Firstpost https://ift.tt/2Aozwk1

Rupee sheds 15 paise at 71.02 against dollar in early trade; impacted by US move to hike tariffs on Chinese goods

The rupee opened weak in line with other Asian currencies after Trump Monday said that for any trade deal China has to treat his country "fairly".

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

Web check-ins: Indigo should rise above pettiness, quibbling; bad times for aviation should not be reason for knee-jerk reaction

Why should a flier pay for web check-in when the truth is he is doing a favour to the airline by sparing its overburdened staff at the airport counters of this work?

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

General Motors to slash 14,700 jobs in North America; to focus on autonomous, electric vehicles

The factories up for possible closure are part of General Mortors' effort "to right-size our capacity for the realities of the marketplace," as consumers shift away from cars to trucks and SUVs.

from Latest News Business on Firstpost https://ift.tt/2TOkk8M

Paid web check-ins on flights: Indian Railways asks passengers to 'check-in' to 'good-old' trains

IndiGo, which has a domestic market share of nearly 43 percent, has been levying charges for web check-in from 14 November

from Latest News Business on Firstpost https://ift.tt/2Aun2rg

Jet Airways to clear September salary dues on 4 December; to come out with revised payment schedule soon

Jet Airways pilots had last week threatened not to perform additional duties from 1 December if their salary dues were not cleared by 30 November.

from Latest News Business on Firstpost https://ift.tt/2TP2tys

Oil markets cautious after recent battering, eye G20 and OPEC meetings

By Henning Gloystein SINGAPORE (Reuters) - Oil markets opened cautiously on Tuesday, with many traders reluctant to take on large new positions ahead of the G20 gathering in Argentina this weekend and the OPEC meeting in Austria next week. U.S

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

Microsoft's stock market value catches up with Apple

By Noel Randewich SAN FRANCISCO (Reuters) - Just four months after Apple Inc breached the $1 trillion mark, the iPhone maker has lost its lead as Wall Street's most valuable company and is on the verge of being replaced by Microsoft Corp . Apple shares fell 1.77 percent in extended trade after U.S

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

Asia's mood tested by Trump's tariff threats

By Wayne Cole SYDNEY (Reuters) - Asian shares battled to extend a global rebound on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, dampening risk appetite across the region.

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

United Technologies to separate into three companies

(Reuters) - United Technologies Corp said on Monday it would separate into three companies consisting of its aerospace unit, Otis elevators division and its Carrier air-conditioning business. The company has been under pressure from activist investors to split the sprawling jet engine-to-air conditioner group

from Latest News Business on Firstpost https://ift.tt/2TM6cg2

U.S. SEC chairman says Tesla case is 'settled' despite CEO's tweet

By Katanga Johnson WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission chairman said on Monday that the agency would not revisit its securities fraud settlement with Tesla Inc despite Chief Executive Elon Musk's tweet mocking the regulator

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

United Technologies to announce intention to separate into three companies

(Reuters) - United Technologies Corp will announce its intention to separate into three companies on Tuesday, the company said on its investor relations page.

from Latest News Business on Firstpost https://ift.tt/2TIoQp8

Asia mood to be tested by Trump warning on China

By Wayne Cole SYDNEY (Reuters) - A tentative rebound in global share markets will be tested in Asia on Tuesday after U.S. President Donald Trump quashed hopes he might strike a truce on trade with China, dampening risk appetite across the region.

from Latest News Business on Firstpost https://ift.tt/2Aq7t3z

Canada blindsided by GM closure, workers walk out in protest

By Allison Martell and Allison Lampert TORONTO/MONTREAL (Reuters) - Hundreds of workers walked off the job and Canadian Prime Minister Justin Trudeau expressed "deep disappointment" after General Motors Co on Monday announced the closure of its Oshawa plant, catching governments and employees by surprise. Canadian officials, briefed on the plan on Sunday, promised to aid those affected by the December 2019 closure, part of a wider restructuring that will cut production of slow-selling models and slash GM's North American workforce

from Latest News Business on Firstpost https://ift.tt/2TL8vQN

Disney, Fox sued in U.S. for $1 billion over Malaysia theme park

By Jonathan Stempel (Reuters) - Walt Disney Co and Twenty-First Century Fox Inc were sued for more than $1 billion on Monday by casino operator Genting Malaysia Bhd , which accused them of abandoning a contract related to its planned construction of the first Fox-branded theme park. Genting said "seller's remorse" induced Fox, with Disney's help, to breach its 2013 contract with Fox Entertainment Group to license intellectual property for Fox World, a proposed addition to its Resorts World Genting complex, an hour's drive from Kuala Lumpur. Disney did not immediately respond to requests for comment.

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

Wall Street rallies as Cyber Monday shoppers log on

By Stephen Culp NEW YORK (Reuters) - Wall Street bounced back on Monday as bargain hunters returned in force after last week's sell-off and expectations of a flurry of holiday cyber-spending drove up shares of retailers. The S&P 500 and the Dow Jones Industrial Average rose about 1.5 percent, while the Nasdaq advanced more than 2 percent. All three indexes posted their biggest percentage gains in nearly three weeks.

from Latest News Business on Firstpost https://ift.tt/2TKL362

World stock markets rise on politics and holiday retail hopes

By Hilary Russ NEW YORK (Reuters) - Wall Street bounced back on Monday, lifted by expectations that retailers raked in online sales during a prime holiday shopping period, while European stocks rallied after signs that Italy was preparing to rework spending plans that have fuelled tensions with the European Union.

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

Thousands moved out for a new GM factory; now it's closing

By David Shepardson and Nick Carey WASHINGTON/DETROIT (Reuters) - General Motors Co on Monday pulled the plug on the Chevrolet Volt hybrid and the Detroit-Hamtramck Assembly plant that builds it, both examples of a costly gamble that is not paying off. GM's widely touted factory of the future, forced on a town desperate for jobs and hailed decades later by former President Barack Obama, is set to wind down over the next few years, leaving beleaguered Hamtramck wondering what happened. Detroit Mayor Mike Duggan said at a news conference Monday that he told GM chief executive Mary Barra Monday that "we moved thousands of people out of that neighbourhood ..

from Latest News Business on Firstpost https://ift.tt/2TM65B8

Wall Street rebounds, retailers rise as holiday sales pick up

NEW YORK (Reuters) - Wall Street bounced back on Monday as bargain hunters returned in force after last week's sell-off and expectations of a flurry of holiday cyber-spending drove up shares of retailers. The Dow Jones Industrial Average rose 354.36 points, or 1.46 percent, to 24,640.31, the S&P 500 gained 40.91 points, or 1.55 percent, to 2,673.47 and the Nasdaq Composite added 142.87 points, or 2.06 percent, to 7,081.85. (Reporting by Stephen Culp; Editing by Tom Brown)

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

Trump says GM 'better' add new facility in Ohio after cuts

By Jeff Mason and David Shepardson WASHINGTON (Reuters) - U.S. President Donald Trump demanded General Motors Co add a new product to replace a plant in Ohio that the company said it planned to close next year due to lagging small-car demand

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

Consumers in Kochi ready to switch to fresh milk

Lot of new players, who bring milk procured from Tamil Nadu have entered the market but consumers are wary of even trying them out.

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

Plastic bags used openly in Dehradun, government’s ban no deterrent

Traders allege that even though they started using biodegradable and paper bags, most customers found polythene bags to be the more viable option.

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

Plastic ban: Stores in Chennai take baby steps as deadline closes in

“When we tell customers that we do not provide plastic bags, they fight. Unless they change their attitude, it is difficult for us,” said a shop owner.

from food-entertainment/grocery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2Qh75hU

Media Bites 26 November: Retail sales, 2 Sisters, Waitrose

Black Friday weekend was difficult for UK retailers with footfall in shops down sharply

from The Grocer - latest headlines https://ift.tt/2R97Dni

Godrej-Hero Cycles join hands to develop commercial project in Gurugram

The JV would develop, lease, and manage around 1 million square feet of prime office and retail space on the 4-acre property

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

Mumbai attack: 10 years on, trial of 7 LeT terrorists drags on in Pakistan

On November 26, 2008, ten Pakistan-based LeT terrorists carried out a series of 12 coordinated shooting and bombing attacks lasting four days across Mumbai

from Latest News https://ift.tt/2TLgv4f

10 years since 26/11: President, PM, Congress pay tribute to victims

Prime Minister Narendra Modi paid tribute to those who lost their lives in the gruesome terror attack

from Latest News https://ift.tt/2AqjBS3

Cong was in power during 26/11, but questions our surgical strikes: Modi

The prime minister added that the Congress calls Naxals revolutionaries and then issues them certificates

from Latest News https://ift.tt/2TK3GXN

PepsiCo CEO Ramon Laguarta pushes for faster growth in India, says country among top markets for beverage giant

Laguarta, who assumed the role of CEO of PepsiCo in October, succeeding India-born Indra Nooyi, said that India is among the top markets for the global beverage giant

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

Karnataka plans fresh tenders for Donimalai iron ore mines seeking 80% premium; NMDC suspends operations

NMDC has suspended iron ore mining from its Donimalai mine in Karnataka following the state governments decision to impose 80 percent premium on ore sales.

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

Narendra Modi govt's bid to water down RBI's PCA norms may give it political dividend, but is disastrous for economy

The NPA levels will spike further as there is no change in the ground-level economic situation.

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

Carlos Ghosn faces Mitsubishi axe now as more charges surface; authorities plan to re-arrest disgraced Renault CEO

Top executives from Mitsubishi Motors gather on Monday to sack Carlos Ghosn as chairman over alleged financial misconduct that the once-revered tycoon denies, as further allegations leaked out against him.

from Latest News Business on Firstpost https://ift.tt/2DX8K6C

From Q1 loss to talks of sale of airline, a timeline of Naresh Goyal-owned Jet Airways' turbulent journey

Jet Airways Ltd, the biggest full-service carrier in India, has been under dark clouds for the past few months.

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

From Bachchan to Bhandarkar, Bollywood remembers 26/11 Mumbai attack

As many as 164 people were killed and over 300 injured after an attack masterminded by the Pakistan-based Lashkar-e-Taiba was orchestrated in Mumbai on November 26, 2008

from Latest News https://ift.tt/2r4vh8Q

UAE pardons British academic jailed for life on spying charges

The UAE president issued a pardon as part of the country's National Day, effective immediately

from Latest News https://ift.tt/2TLgM71

10 yrs of 26/11: Time to isolate nations harbouring terrorists, says Naidu

In a tweet Modi paid tributes to those who lost their lives in the incident, saying the country stands in solidarity with the bereaved families

from Latest News https://ift.tt/2r3F8Mh

FMCG shares in focus; HUL, Dabur India rise 4%

Nifty FMCG index, the largest gainer among sector indices, has risen 1.4% at 29,642, as compared to 0.15% rise in the Nifty 50 index, at 01:07 PM.

from Latest News https://ift.tt/2FQMdd8

Sikhs gather in Pak's Gurdwara Panja Sahib to mark Guru Nanak's birthday

The number of pilgrims had also increased compared to last year

from Latest News https://ift.tt/2FDI4cr

Govt to review IndiGo's decision to charge passengers for web check-ins

No-frills airline IndiGo has been levying charges for web check-in from November 14

from Latest News https://ift.tt/2Sdx1sa