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ECONOMY
Govt takes measures to improve ease of doing business
New Delhi, Aug 16 :
The government Saturday said it has taken up a series of measures to improve ease of doing business in India that emphasised on simplification and rationalisation of the existing rules, timeline for clearance of…
India’s forex reserves down $643 million
Mumbai, Aug 16 :
India's foreign exchange reserves declined by $643.3 million to $319.34 billion due to a sharp fall in the currency assets for the week ended Aug 8, Reserve Bank of India (RBI) data showed.The reserves had fallen by…
Sensex makes gains in the week; reforms expected to give further push
Mumbai, Aug 15:
Anticipation of reforms expected by Prime Minister Narendra Modi in his maiden Independence Day speech and healthy buying by foreign investors on the back of positive sentiment led to the Indian equities market making…
India Inc. welcomes Modi’s I-Day speech
New Delhi, Aug 15:
India Inc. Friday welcomed the maiden speech of Prime Minister Narendra Modi on the occasion of Independence Day in which he presented a vision to transform India into a global manufacturing hub.
Addressing the…
Centre to augment capacity of Paradip Port in Odisha
Odisha Sun Times Business Bureau
Bhubaneswar/New Delhi, Aug 15:
The Centre has identified projects for augmenting the capacity by 67 million tonnes at five major ports of the country, including the Paradip Port in Odisha, under the…
GM urges staff to make ECoR best freight loading zone
Odisha Sun Times Business Bureau
Bhubaneswar, Aug 15:
The General Manager of East Coast Railway (ECoR) Rajiv Vishnoi on Thursday urged employees to make ECoR the best railway zone in the country in terms of freight loading.
In his…
Signs of economic revival visible: President
New Delhi, Aug 14 :
Expressing concern over rising food prices, President Pranab Mukherjee Thursday said that the Indian economy nonetheless was showing signs of revival and higher growth was on the horizon.
"Signs of revival are…
Sensex up 184 points; eyes on Modi’s Independence Day speech
Mumbai, Aug 14 :
A benchmark index of Indian equities markets ended Thursday's trade 184.28 points or 0.71 percent up on anticipation of reforms expected to be announced by Prime Minister Narendra Modi in his Independence Day address to…
SC gives 15 working days’ extension to Sahara chief
New Delhi, Aug 14 :
The Supreme Court Thursday gave Sahara chief Subrata Roy a 15-working-day extension to stay in Tihar Jail court complex for negotiating the sale of his overseas hotels and assets in the country to raise Rs.10,000…
Middle Eastern IT firms eye Cherthala Infopark in Kerala
Kochi, Aug 14 :
The IT corridor of Kochi in Kerala is expanding to neighbouring regions with Infopark at Cherthala shaping up as a hub for IT companies from Gulf Cooperation Council and other Middle East countries.
The Infopark…