Category Archives: World News

Indian SMEs more bullish on growth prospects than firms in China: Study

In spite of doubts over uncertain business rules following the goods and services tax (GST) rollout in July 1, small and medium enterprises (SMEs) are more bullish on growth prospects as compared to their global counterparts, according to a survey

IT employees to form union in times of rampant layoffs

A forum of IT workers is all set to get itself registered as the first union of techies in the country, amid reports of large scale layoffs by IT companies. “The Forum for Information Technology Employees (FITE) will be getting

MSMEs the New Investment Options : Pawan Bajaj

The increasing NPAs, especially in the corporate, have shattered the banks’ spine and changed their credit dynamics. Have the NPAs piled up at the cost of MSMEs? With the AQR sword hanging on the banks head, will the next focus

Saudi Aramco ‘strongly interested’ in Indian refining project, Pradhan says

India, which has repeatedly pressed OPEC members for oil price stability, has offered staff and other technical assistance to Aramco, says Pradhan. Saudi Aramco is “strongly interested” in a refining project with Indian state refiners, Dharmendra Pradhan, India’s oil and

Indo-Africa partnership can shape world’s future: Jaitley

Photo Source: Hindustan Times Finance minister Arun Jaitley today on Monday the unique India-Africa partnership model can shape the future of the world as he stressed on increasing the cooperation between the two sides. Speaking at the opening session of

India sets $45 billion textiles exports target for FY18

The country’s overall textiles and garments exports during 2015-16 stood at $40 billion, mainly because of less demand in major markets such as the US, EU and China, and stiff competition it faced from countries like Vietnam and Bangladesh, which

GST impact on economy: Five things to watch out for

While the lower Goods and Services Tax (GST) rates may lead to a decline in inflation, economic growth may not improve significantly in the short term even though it will benefit both India Inc and the government in the medium

India’s boycott of OROB summit: No lost opportunity for India but rather a huge loss for China

India boycotted the May 14-15 OROB summit held at Beijing, although it was attended by most of the nations from Eurasia. India and Bhutan are the two countries from South Asia which didn’t attend the summit. While Bhutan doesn’t have