- Jio asks Trai to stop IUC scrapping schedule consultations(23:04)
New Delhi, Oct 15 (IANS) Reliance Jio, which has now started charging for voice calls to other networks, has asked regulator Trai to stop the consultation process on a new timeline for removing Interconnect Usage Charges (IUC) and enforce 'Bill and Keep' regime under the IUC regulations from January 1, 2020.
- Unions cry foul, refute HAL's claims on wage hike (Lead)(22:08)
Bengaluru, Oct 15 (IANS) Refuting the company's charge that their indefinite strike for wage hike was illegal, 9 unions of the state-run Hindustan Aeronautics Limited (HAL) on Tuesday accused its management of indulging in double standards.
- Centre to monitor food prices during festival season(21:34)
New Delhi, Oct 15 (IANS) In a bid to keep food prices in check during the festival season, the Centre on Tuesday directed the states to regularly monitor the supply and prices of staples like onions, pulses, tomatoes, edible oils and oilseeds.
- India's overall growth 'very strong' by world economy standards: IMF (Lead)(21:16)
By Arul Louis
United Nations, Oct 15 (IANS) Although India's economic growth rate has been cut to 6.1 per cent for the current fiscal year, it still remains "very strong" by global standards, International Monetary Fund's (IMF) Deputy Research Director Gian Maria Milesi-Ferreti said on Tuesday.
- IBBI for statutory recognition of valuation professionals(21:04)
New Delhi, Oct 15 (IANS) The Insolvency and Bankruptcy Board of India (IBBI) Chairman M.S. Sahoo has said that there should be a statuary nod given to valuation professionals in India to further streamline the profession.
- Jio, Samsung showcase 5G, LTE use cases at IMC 2019(21:04)
New Delhi, Oct 15 (IANS) A partnership between telecom majors Reliance Jio and Samsung Electronics on Tuesday showcased use cases based on fifth-generation (5G) techonology at the India Mobile Congress here.
- 'BJP's majoritarianism crippled Indian economy'(20:56)
New Delhi, Oct 15 (IANS) Taking cue from an article by Finance Minister's husband in a newspaper, the Congress on Tuesday launched a scathing attack on the Modi government over the state of the Indian economy. The party asserted that P. Prabhakar, Nirmala Sitharaman's husband, is a senior economist and his views are based on facts.
- Slowing economy: India's exports dip third time this year(20:46)
New Delhi, Oct 15 (IANS) India's merchandise exports in September declined for the third time in the current financial year, while imports dropped for the fourth consecutive month, signaling that rising protectionism and continuing trade tensions between the US and China along with the spectre of a global slowdown are impacting India's trade prospects as well.
- FAO calls for boosting millets to fight malnutrition(20:08)
New Delhi, Oct 15 (IANS) India and the Food and Agriculture Organisation (FAO) of the United Nations have proposed to declare the year 2023 as the International Year of Millets, which are one of the most climate-resilient traditional crops of India.
- IMF cuts India's FY20 growth forecast to 6%(20:08)
New Delhi, Oct 15 (IANS) The outlook for the Indian economy for the current fiscal seems to get bleaker by the day as major economic forums and institutions have of late revised the country's GDP forecast downwards, with the International Monetary Fund (IMF) being the latest in the fray.
- Construction licence for big projects within 15 days: Goa CM(19:42)
Panaji, Oct 15 (IANS) A month after the Chief Executive Officer of the state government's Investment Promotion Board quit citing complaints related to red-tapism, Chief Minister Pramod Sawant on Tuesday said that the Board would facilitate construction licences to big ticket projects within 15 days of receipt of application.
- Special thrust on gas infrastructure: Pradhan(19:40)
New Delhi, Oct 15 (IANS) Petroleum and Natural Gas Minister Dharmendra Pradhan on Tuesday said that the government has a special focus on building gas infrastructure in the country.
- Despite deleveraging, Essar turnover Rs 1 lakh cr: Ruia(19:36)
New Delhi, Oct 15 (IANS) Despite aggressively deleveraging the balance sheet to the tune of Rs 1,40,000 crore through monetisation of several key assets, the existing businesses of Essar Group in the sectors of energy, infrastructure, metals & mining, services and technology, have a combined revenue of $13 billion, or almost Rs 100,000 crore, said Essar Capital Director Prashant Ruia.
- ASSOCHAM to launch platform for entrepreneurs(19:30)
Chandigarh, Oct 15 (IANS) Carrying on with its 'Startup Elevator Pitch Series', the ASSOCHAM Launchpad, an initiative and platform for budding entrepreneurs, will be flagged off here on Friday.
- Delhi launches portal for online processing of building plans(19:02)
New Delhi, Oct 15 (IANS) As part of the Ease of Doing Business (EODB) reforms, an online portal for sanction of building plans for up to 500 square metres (sqm) for low-risk residential buildings was launched here on Tuesday by Delhi Lt. Governor Anil Baijal.
- India retains world's fastest-growing rank, tying with China: IMF(18:44)
By Arul Louis
New York, Oct 15 (IANS) In the gloomy global economic picture painted by the International Monetary Fund (IMF), India retains its rank as the world's fastest-growing major economy, tying with China, with a projected growth rate of 6.1 per cent for the current fiscal year, despite an almost one per cent cut in the forecast.