Modi should attend to work, have less photo ops: Kabil Sibal

Senior Congress leader Kapil Sibal today took a swipe at Prime Minister Narendra Modi over Nobel Prize winner Abhijit Banerjee’s remarks that the Indian economy is on shaky ground, saying the Prime Minister should attend to work and have less ”photo ops”. Continue Reading

BSNL hopes to boost market share, no plans to shut

Crisis-ridden Bharat Sanchar Nigam Ltd (BSNL) is hoping to boost marketshare, following Reliance Jio’s decision to charge six paise per minute for voice calls made to mobile phone networks of rival operators. Continue Reading

Mahanadi Coalfields supply affected by agitations

The coal supplies from Talcher and IB valley collieries under the Mahanadi Coalfields Limited (MCL) in Odisha were severely hit due to the ongoing agitations by local people demanding employment, an official said. Continue Reading

Nirmala Sitharaman seeks inputs to correct GST flaws

Conceding that GST may have some flaws in its present form, finance minister Nirmala Sitharaman asked tax professionals not to curse it and sought their help to make it better. The minister was replying to the concerns raised by taxation industry professionals here, who said the industry was “cursing” the government over how the GST was implemented. Billed as the biggest reform in indirect taxation, the goods & services tax, which does away with a host of levies from the federal to the local government levels, was implemented in July 2017. Continue Reading

Mahindra rides growth in S Africa as passenger vehicles market picks up

Figures released by the National Association of Automobile Manufacturers of South Africa (NAAMSA) show that Mahindra South Africa is one of the country’s fastest-growing passenger vehicle and pickup brands. Data from NAAMSA, which recently consolidated the sales for the first three quarters of 2019, show that Mahindra is on track to reach a new overall sales record that will easily exceed its target of 5,664 units for full year. Continue Reading

Anil Ambani gets both sons on RInfra board

Anil Ambani-led Reliance Group has inducted both the sons, Anmol (27) and Anshul d(24) – as directors on the board of infrastructure vertical RInfra. The company has also appointed retired Army officer Lt Gen Syed Ata Hasnain as an independent director on the board of the company, it said in a statement. Continue Reading

NT compiles a list of major financial crimes that shocked India

Ever since Punjab and Maharashtra Cooperative Bank (PMC Bank) crisis unfolded, citizens across India are worried by the mounting financial stumbles that have plagued our nation as our economy continues to stumble downward. In this article, News Today compiles a list of major white-collar crimes that rocked our country. Continue Reading

Effects of global economic slowdown more in India: IMF

The global economy is witnessing “synchronized slowdown”, which will result in slower growth for 90 per cent of the world this year, and the effect is even “more pronounced” in some of the largest emerging market economies like India, new IMF chief Kristalina Georgieva has warned. Continue Reading

India slips downward in global competitiveness index

India has moved down 10 places to rank 68th on an annual global competitiveness index, largely due to improvements witnessed by several other economies, while Singapore has replaced the US as the world’s most competitive economy. Continue Reading