Economy

State to focus on food processing, IT/ITES, automobile, auto parts, among others Claiming to have achieved all-round development over the last 20 years, Odisha has invited global investors to invest in the eastern State and benefit. Inaugurating the five-day second edition of the Make In Odisha Conclave in Bhubaneswar, Chief …

The rankings serve as a trusted ready-reckoner for foreign investors looking to invest in a country India’s leap in the World Bank’s Ease of Doing Business rankings this year has slipped under the radar, in the cacophony over demonetisation and the RBI-Centre spat. The country has, in fact, been one …

Free trade advocate T.N. Srinivasan passes away at 85 On Sunday in Chennai, India lost one of its notable economists with the passing of T.N. Srinivasan. Indian economists around the world joined the chorus of tributes and praise for the academic, whose publications and teachings made inroads into several important …

‘It is the primary responsibility of the public sector banks, as also infra creation’ Finance Minister Arun Jaitley on Sunday asked public sector banks to step up lending to the industrial sector as it is their ‘primary responsibility,’ besides ‘partnering infrastructure creation’. Mr. Jaitley, who was addressing the Union Bank …

From an accountant’s perspective, the govt. can rightfully stake a claim to the central bank’s surplus “Render unto Caesar the things that are Caesar’s and unto God the things that are God’s,” said Jesus. The Judean population of the time were evidently satisfied with the answer. But the RBI and …

Devastated orchard owners try to mend trees felled by untimely snowfall, say compensation announced is just a speck in comparison to the losses November is the peak wedding season in south Kashmir’s ‘apple bowl’ Shopian. But Riyaz Dar, an orchard owner from Hirpora village in the district, has decided to …

India continues to have the highest burden of pneumonia and diarrhoea child deaths in the world, with 1,58,176 pneumonia and 1, 02,813 diarrhoea deaths in 2016. This was stated in the ‘Pneumonia and Diarrhoea Progress Report’ released on Friday by the International Vaccine Access Centre (IVAC) at the Johns Hopkins …

A crucial meeting of Trade Ministers of RCEP member- countries, including India and China, will take place in Singapore on November 12-13 amid pressure being mounted on New Delhi to conclude talks for the proposed mega trade deal at the earliest, sources said. Regional Comprehensive Economic Partnership (RCEP) is a …

Plans to increase production to 14 million tonnes by 2021 The Indian foundry industry expects nearly 14% growth in the next two years, from the 5% to 7% now, according to members of the Institute of Indian Foundrymen here. The Indian foundry industry, the third-largest castings producer globally, is looking …

The capital markets regulator’s revised guidelines effectively cap such bids to 50% of the issue size A small but important amendment to the listing and disclosure regulations will soon see public issues reporting realistic subscription numbers especially in the segment reserved for high net worth individuals (HNIs) that is known …