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Obama, Modi bring mutual chemistry, action to business ties
Obama, Modi bring mutual chemistry, action to business ties

New Delhi: India and the US Monday sought to give a new momentum to their business relations with Prime Minister Narendra Modi and President Barack Obama displaying their personal chemistry as they sought to iron out thorny issues, promised to cut red tape and laid thrust on concrete outcomes. Attending two back-to-back business events on […]

  • Monday, 21 June 2021
Modi, Obama unveil steps to take business, trade ties to new high
Modi, Obama unveil steps to take business, trade ties to new high

New Delhi: India-US business links were set for a quantum jump with Prime Minister Narendra Modi’s assurance of “consistent policies”, “welcoming environment” and “predictable taxes” while US President Barack Obama announced steps to take trade and investment to $4 billion. He however raised issues like intellectual property rights. “Over the next two years, our Export […]

  • Monday, 21 June 2021
Modi promises predictable tax regime; Obama raises IPR issues
Modi promises predictable tax regime; Obama raises IPR issues

Prime Minister Narendra Modi today wooed US investors promising a predictable tax regime, removing “remaining uncertainties” and an open business environment as President Barack Obama pledged USD 4 billion in investment for trade with India. At the same time, Obama flagged US concerns over trade barriers, intellectual property rights and sought consistency and simplicity in […]

State should be policy-driven: Modi
State should be policy-driven: Modi

Indian Prime Minister Narendra Modi today said the state should be driven by policies which should be consistent so as to draw more investments

US agency to help develop smart cities in India
US agency to help develop smart cities in India

The US Trade and Development Agency (USTDA) today signed three Memorandums of Understanding (MoUs) with the governments of Uttar Pradesh, Rajasthan and Andhra Pradesh to support the development of smart cities in these states, it was announced here

Kerala imposes Rs.54 cr fine on e-retailers
Kerala imposes Rs.54 cr fine on e-retailers

The commercial taxes department of the Kerala government has imposed a Rs.54 crore fine on some e-commerce companies and portals. More such companies will be fined, said a top official

Modi congratulates bankers for success of PMJDY
Modi congratulates bankers for success of PMJDY

Prime Minister Narendra Modi has congratulated all bankers through an email for the success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) and rolled out a roadmap for the future, an official statement said here Saturday

Chinese firm wins patent infringement case in Germany
Chinese firm wins patent infringement case in Germany

Shenzhen: A Chinese multinational telecommunications equipment and network solutions provider said it has successfully defended a patent infringement case in a German court in Dusseldorf brought by the country’s subsidiary of a US-based firm. “ZTE Corporation welcomes the decisions of the District Court of Dusseldorf (“Landgericht Dusseldorf”) which ruled in its favour in a patent […]

  • Monday, 21 June 2021
SBI takes loan of euros 100 mn to support SMEs
SBI takes loan of euros 100 mn to support SMEs

India's largest bank, the State Bank of India (SBI) Friday said it has signed a loan agreement of 100 million euros with European Investment Bank (EIB), the European Union's non-profit long-term lending institution

Revising India's rating depends on economic growth: S&P
Revising India's rating depends on economic growth: S&P

Global rating agency Standard & Poor's (S&P) has said that it could raise India's sovereign rating if the economy reverts to real per capita gross domestic product (GDP) growth of 5.5 percent

Sensex, Nifty scale new peaks
Sensex, Nifty scale new peaks

Mumbai: A benchmark index of Indian equities markets Friday scaled a new peak and was trading at 346.31 points or 1.19 percent up. All the sectors were trading in green. The rally was led by the banking, auto, capital goods, health care and metal sectors. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock […]

BRICS on growth track through planned reform: Experts
BRICS on growth track through planned reform: Experts

Davos (Switzerland): The economies of BRICS countries — Brazil, Russia, India, China and South Africa — are constantly growing through planned structural reforms, experts said at the 45th World Economic Forum annual meeting here Thursday. In a session debating the economic outlook for BRICS countries, speakers showed optimism over their potentials. India’s Finance Minister Arun […]

Arun-Jaitley
India's growth potential is above 9 percent: Jaitley

Asserting that India's economic growth will be significantly better next year, Finance Minister Arun Jaitley Thursday said the real economic growth potential of the country was over 9 percent

Sensex breaches 29,000-mark; Nifty touches new peak
Sensex breaches 29,000-mark; Nifty touches new peak

Mumbai:A benchmark index of Indian equities markets touched a record high of 29,060.41 points Thursday and was trading 96.29 points or 0.33 percent up ahead of a possible European Central Bank (ECB) stimulus announcement. Good buying was observed in healthcare, capital goods and auto sectors, while selling pressure was seen in oil and gas sector. […]

Sensex, Nifty touch new highs, consumer durables rise
Sensex, Nifty touch new highs, consumer durables rise

Positive cues ahead of a possible European Central Bank (ECB) stimulus led the two benchmark indices of Indian equities market to touch new highs in intra-day trade Wednesday

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