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Posted in Economy

Budget 2015-16: Fiscal push, infra boost, new black money law, a long-awaited corporate tax cut

Union Budget 2015–16, presented by the then-FM Arun Jaitley on April 1, 2015, sought to balance fiscal consolidation with targeted public spending and inclusion. The…

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India imports more Russian crude, but mix of buyers shifts

India’s crude oil imports from Russia are on track to climb to a six-month high in December as the world’s third-biggest buyer defies U.S. sanctions…

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A dovish Fed is positive for precious metals, such as silver and  gold, which typically benefit from low rates as they don’t pay interest. (Unsplash)
Posted in Business

Gold prices up, silver hits record after US Fed delivers rate cut and leans dovish| Business News

Gold prices rose for a third day after the US Federal Reserve delivered a widely expected interest-rate cut on Wednesday, while silver climbed to a…

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India’s pension funds warn proposed bond rules may distort values

Indian pension managers have countered an industry regulator’s proposal aimed at shielding the $175-billion industry from bond volatility, saying it could distort fund values, according…

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At the peak of the disruptions on 5 December, IndiGo cancelled 1,588 flights, or about 79% of its domestic schedule. (AFP)
Posted in Business

View | Flight disruptions: Why the key lies in promoting competition in the airline industry

The central government recently enacted the Flight Duty Time Limitation (FDTL) norms in the airline industry. The rules seek to address the issue of pilot…

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“Damaging India, Hurting America”: US Representative sounds alarm on Trump’s tariff, immigration policy

India-US economic and people-to-people ties have been largely in focus from the last few months as concerns over trade barriers and immigration policies keep mounting….

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Mexico approves tariff hikes on imports from India, China, and other Asian countries
Posted in Economy

Mexico approves tariff hikes on imports from India, China, and other Asian countries

Mexico‘s Senate approved on Wednesday tariff hikes of up to 50% next year on imports from China and several other Asian countries, aiming to bolster…

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Boat auditors flag mismatch in financial statements filed with lenders
Posted in Startups

Boat auditors flag mismatch in financial statements filed with lenders

IPO-bound consumer electronics maker Boat’s statutory auditors had flagged several instances of mismatch between the quarterly returns or statements it filed with lenders and its…

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Offers from India best-ever: USTR on proposed bilateral trade agreement

The United States has received its “best-ever” offers from India on the proposed bilateral trade agreement (BTA), US trade representative (USTR) Jamieson Greer said, even…

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India slams China-led investment plan at WTO

New Delhi: India on Tuesday raised legal and systemic issues at the World Trade Organization (WTO) against the China-led proposal for an ‘investment facilitation for…

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