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Search Results for: economic sanctions

Ministry of Finance building in New Delhi

Centre mulls time-bound e-bidding process to speed up IBC resolution

The high-profile resolution cases of recent times have witnessed revised bids that have resulted in prolonged litigation which has eventually led to further delay in the insolvency process. Oct 9, 2019
Infosys

Enhancing its BPO services, Infosys takeovers Eishtec in Ireland

The analysts have said that acquisition would be part of Infosys's strategy to expand its BPO services in the Irish market. Oct 9, 2019
China US currency manipulator

China willing to use economic tools to get its own way in foreign policy says Richard Nephew

Richard Nephew, author of "The Art of Sanctions" and Research Scholar discusses the trajectory of trade talks and what it means for countries who have a ringside view of the US-China face-off. Oct 9, 2019
a-participant-speaks-on-his-mobile-phone-between-sessions-during-the-annual-meeting-of-the-world-economic-forum-wef-in-davos-january-22-2014-reuters-ruben-sprich

India slips by 10 places to rank 68 on global competitiveness index

The report, which is now in its 40th year, shows that India is amongst the worst-performing BRICS nations along with Brazil, which was ranked 71st this year. Oct 9, 2019
US China

US announces visa restrictions for Chinese officials over detainment, abuse of Uighur Muslims in China

Citing the unethical way Chinese Uighur Muslims are treated in the country, the US State Department has imposed visa restrictions on officials belonging to the Chinese government and the Communist Party. Oct 9, 2019
Kristalina Georgieva

IMF warns of economic slowdown in 90% of world, India to be hit hard

According to the new head of the 189-nation, the widespread deceleration means that growth this year will fall to its lowest rate since the beginning of the decade. Oct 9, 2019
Gold sales

Gold sales likely to decline 50% on Dhanteras due to weakening demand

Gold imports have nosedived due to higher prices and an increase in import duty. Oct 9, 2019
China US currency manipulator

US blacklists 28 Chinese entities amid tense atmosphere; quick trade deal unlikely

The move by the US Commerce Department could deepen divisions between Washington and Beijing at a critical juncture in their 15-month trade war. Oct 8, 2019
US-TECHNOLOGY-HP

Major corporate lay-off: After Cognizant, HP India to fire 500 people in India

HP will fire 7,000-9,000 employees globally by 2022 as part of a restructuring of operations intended to cut costs Oct 7, 2019
M777 Howitzers

India to deploy M777s at forward bases in Arunachal Pradesh by year end

The development has come just before Chinese President Xi Jinping's likely visit to India next week for the second round of informal talks with PM Narendra Modi. Oct 7, 2019
yes bank

YES Bank seeks police probe over fake news; woos Microsoft for investment

Private lender YES Bank seeks multidisciplinary team to investigate the spread of alleged false news that has hit the bank's market cap; bank seeks strategic investment from Microsoft or one of the two other tech firms it is in talks with Oct 7, 2019
HSBC

HSBC to cut up to 10,000 jobs in drive to reduce costs: Report

HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month. Oct 7, 2019
Reserve Bank of India

Will RBI cut rates further as market takes hit from fifth successive reduction?

Markets slumped on weak sentiment after RBI cut the repo rate by an expected 25 basis points to 5.15%; the central bank maintains accommodative guidance as it adjusts economic growth estimates for the full year to 6.1% from 6.9%. Oct 5, 2019
Saudi Arabia

Saudi Arabia promotes tourism: Allows women to rent hotels, share rooms for foreign tourists

Apart from provision given to foreign tourists, the Kingdom also stated that Saudi women can now rent hotel rooms by themselves. Oct 5, 2019
Sheikh Hasina

'Told cook to not use onions': Sheikh Hasina on India's export ban; netizens laud her witty response

Sheikh Hasina's remark was related to the Indian government's decision to stop the import of onions from September 29. Oct 5, 2019
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