Page-46 of Business

MCX launches India’s first commodity options in Gold

October 18, 2017

Largest commodity bourse Multi-Commodity Exchange of India Ltd (MCX) launched India’s first commodity options in gold. It was launched by Union Finance Minister Arun Jaitley. The gold futures contract will have bi-monthly duration. The option will also have the existing ..

Month: 

IIP rises to 9-month high of 4.3% in August 2017

October 13, 2017

According to data released by Central Statistics Office (CSO), factory output measured in terms of Index of Industrial Production (IIP) has grown nine-month high to 4.3% in August 2017. This was mainly due to a robust performance of the mining ..

Month: 

First Meeting of EAC-PM held in New Delhi

October 12, 2017

The first-ever meeting of newly-constituted Economic Advisory Council to Prime Minister (EAC-PM) was held at NITI Aayog, in New Delhi. It was chaired by Dr. Bibek Debroy, Member NITI Aayog. The meeting took stock of the current economic, fiscal and ..

Month: 

IMF lowers India's growth forecast to 6.7 %

October 11, 2017

The International Monetary Fund (IMF) in its October World Economic Outlook (WEO) has lowered India’s economic growth forecast at 6.7% in 2017 and 7.4% in 2018. It is slower than 0.5 and 0.3 percentage points projected earlier by IMF. In ..

Month: 

Nisha Biswal appointed as President of USIBC

October 11, 2017

Former US Assistant Secretary of State for South and Central Asia Nisha Desai Biswal was appointed as President of US-India Business Council (USIBC). USIBC is a forum of US businesses part of US Chamber of Commerce (USCC), the largest lobbying ..

Month: 

India ranks 8th in 2017 Valuable Nation Brand List

October 10, 2017

According to Brand Finance’s recently released Nation Brands 2017 report, India was ranked 8th out of 100 countries on a list of most valuable nation brands. This year India slipped by one spot compared to 7th rank in 2016 and ..

Month: 

Recommendations of Uday Kotak Committee on Corporate Governance

October 7, 2017

21-member Committee on corporate governance headed by banker Uday Kotak has submitted its report to the Securities and Exchange Board of India (SEBI). The panel was constituted by SEBI in June 2017. It was given four months to submit its ..

Month: 

Core sector growth rises to 4.9% in August 2017

October 4, 2017

According to Ministry of Commerce & Industry, eight core sectors grew by 4.9% in August 2017, the highest growth rate since April 2017. It was higher than 3.1% in August 2016 and 2.6% in July 2017 The growth was recorded ..

Month: 

Odisha Government creating land bank for industrial allocation

October 2, 2017

The Odisha Government is creating 1.2 lakh acre land bank across state for allocation to industrial sector in order to avoid repeat of Posco fiasco. The purpose of the land bank is to cut red tape and avoid local issues ..

Month: 

IDBI bank launched ‘Project Nishchay’ to improve financial performance

September 30, 2017

IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance. The project will be led by senior management at IDBI Bank along with BCG. As part of ..