Asserting that India-US strategic partnership has moved into a new “strategic plus” phase, US Ambassador to India, Richard Verma, says the two countries are focused on finding creative, realistic ways to move forward. “I believe we are witnessing a transformative time in US-India relations,” he told a Washington think tank on Friday outlining how President […]
India will lead in the Asian region with growth at 7.8 percent in the next fiscal and at 8.2 percent in 2016-17, as China’s economy slows, the Asian Development Bank (ADB) said on Tuesday. The bank’s Asian Development Outlook (ADO) report instead projected China’s economic growth to decelerate from 7.4 percent in current fiscal to […]
The Supreme Court on Monday issued notice to the central government, the CBI and Essar on a PIL seeking a court-monitored probe into the politician-bureaucrat-corporate nexus exposed in email leaks that showed a company allegedly granted gifts and favours to ministers and bureaucrats for promoting its business. A bench of Justice T.S. Thakur, Justice Kurian […]
New Delhi, March 21 The 1,200 Indians who allegedly have accounts in HSBC Bank’s Geneva account and against some of whom a probe was initiated by tax authorities can’t get amnesty under the new law that the government proposes to get back ill-gotten money stashed abroad. The so-called amnesty scheme is detailed in the chapter […]
Kolkata, March 20 City-based jeweller Senco Gold and Diamonds (SGD) on Friday said it is investing Rs. 350 crore in a pan-India expansion drive to become the third largest national jewellery firm in terms of highest number of stores by early 2018. “We are planning to invest Rs.350 crore for our pan India expansion and […]
New Delhi, March 18 The technology driven e-commerce market in India has come of age and is growing rapidly to cross Rs.1 lakh crore by the year-end, an industry report said on Wednesday. “Growing at 33 percent, the digital commerce market is set to cross Rs.1 lakh crore by December 2015 from Rs.81,525 crore in […]
The Prime Minister of Vietnam, H.E. Mr Nguyen Tan Dung, will make an official visit to Australia from 16-18 March as a guest of the Commonwealth Government. Prime Minister Dung’s visit will underscore the strength and breadth of the Australia-Vietnam bilateral relationship and our trade and investment, education and people-to-people ties. His visit is an […]
The Commonwealth Government will strengthen Tasmanian business, investment and jobs through a $203 million expansion to the Tasmanian Freight Equalisation Scheme. From 1 January 2016, the Scheme will be extended to goods going to markets not currently covered by the Scheme. Tasmanian businesses selling these goods will be able to claim $700 per shipping container. Shippers […]
Lausanne, March 16 US Secretary of State John Kerry ended a five-hour discussion with Iranian Foreign Minister Mohammad here on Monday over Tehran’s long-disputed nuclear programme. They were was joined by the head of the Atomic Energy Organization of Iran, Ali Akbar Salehi, and US Energy Secretary Ernest Moniz, who already met earlier on Sunday […]
New Delhi, March 16 India’s annual rate of inflation, based on wholesale prices, declined further to (-) 2.06 percent for February from (-) 0.39 percent for the month before thanks to a 14.72 percent drop in the index for petroleum fuels and power, official data showed Monday. Among the other two major indices, the index […]