Business

India: Recession is coming & its nothing like you imagined!

It’s a surety now that all nations and all sectors are entering a COVID-19 driven recession. There is no way that economy...

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RBI announces cut in rep rate and moratorium of 3 months on EMIs

All these measures are aimed at providing a liquidity of Rs. 3.74 lakh crore in the system Separately, RBI has permitted the...

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U.S. mulls revoking a license that allows GE to export Leap 1C jet engines to China

The United States (U.S.) is considering to revoke a license which allowed CFM International, a joint venture between General Electric (GE) Aviation,...

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India to open up its dairy sector to offer a deal to Trump

India has announced to partially open up its dairy and poultry markets by allowing the import of dairy products from the United...

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$ 10 Billion Indo-US trade deal to be finalised by February 2020

Indo-U.S. $ 10 billion trade deal is a precursor to a Free Trade Agreement between the 2 nations

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U.K. allows Huawei’s 5G network but with conditions

The United Kingdom (U.K.) has today, i.e., Tuesday, January 28, 2020 said that it will allow China based Huawei Technologies Co. Ltd.,...

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India celebrates a dim Diwali amidst slowdown

The festive season seemed dull amid the current economic slowdown

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Union Cabinet announces merger of BSNL and MTNL

BSNL and MTNL to get merged before getting sold

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Corporate tax reduced, markets cheer!

The Finance Minister has announced today to reduce corporate tax from 30% to 25.17% for domestic companies, applicable from the beginning of...

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Auto Slowdown: You should be worried

Its not just a questions of how many cars are being sold, its also about if there is any mobility left in...

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RBI makes Govt Cash rich by Rs 1.76 Lakh Crore

In a first of its kind The Reserve Bank of India (RBI) will transfer Rs 1.76 lakh crore to the government. The...

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FM is pulling a rabbit, but will it run?

Only time will tell if the measures taken by the FInance Minister of India will suffice to curb the Recession or not

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Pakistan reopens airspace for civilian traffic

“With immediate effect Pakistan airspace is open for all type of civil traffic on published ATS routes” – Civil Aviation Authority, Pakistan...

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Petroleum prices hiked after Nirmala Sitharaman’s budget

The petrol prices have been hiked by a minimum of Rs. 2.40 per litre and diesel by Rs. 2.36 after the Finance...

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Unfolding the documents kept in red cloth

The new finance minister of India, Ms Nirmala Sitharaman presented the budget 2019 with no major relief for the common man

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India slaps retaliatory tariff on 28 U.S. goods

Inida has issued a notification which says that new increased tariffs on 28 United States (U.S.)

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Growth engine slows. Unemployment increases

Indian Economy has been slowing for sometime now, however the GDP growth data released for the last quarter of 2018-19 came in...

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Google bars Huawei from Android updates

In another major blow to Chinese multinational telecommunications equipment manufacturer – Huawei Technologies Co. Ltd., the United States (U.S.) based Google LLC...