Business fliers in India drew a travel bill of US$29.6 billion (Rs2,01,909 crore) in 2015, making it among the world’s top 10 countries in spending on business travel, said a white paper released in Mumbai on Wednesday. While China topped the list followed by the US, Germany, Japan and the ... Read More »
KOLKATA: President Pranab Mukherjee on Friday dwelt on the issue of cooperative federalism at the Bengal Global Business Summit here, saying every state is important in the context of the entire nation. “When I was sent the invitation to attend the meet, I thought whether it will be proper to ... Read More »
The assembly elections for 40 seats in Goa will be held on February 4 and results will be announced on March 11. The Bharatiya Janata Party (BJP) and Maharashtrawadi Gomantak Party (MGP) notched up a victory in the last assembly polls and removed the Congress from power. In 2017, the ... Read More »
Delhi BJP unit today staged a protest near state Assembly and accused the Arvind Kejriwal- led AAP government of “failing to fulfil” its 70 election promises such as providing free Wi-Fi and women’s security. Scores of partymen led by Delhi BJP president Manoj Tiwari carried out a march from Metcalf ... Read More »
The Obama administration has recently delivered a “very tough” message to Pakistan asking it to dismantle safe havens of Lashkar-e-Taiba, Jaish-e- Mohammed and Haqqani network operating from its soil, outgoing US envoy to New Delhi Richard Verma said today. Holding that India faces a “daunting challenge” from these Pakistan-based terror ... Read More »
Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential election. The National Federation of Independent Business’s index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from ... Read More »
Flipkart founders Sachin Bansal and Binny Bansal have handed over the operational control of the company they built over the past decade to Kalyan Krishnamurthy, the nominee of marquee American investor Tiger Global. Krishnamurthy was on Monday named the new chief executive officer (CEO) of the Bengaluru-based company. He replaced ... Read More »
India’s gold and diamond-studded jewellery business is likely to take a hit, at least in the short term, following the hike in import duty from 0.36 per cent to 5 per cent, starting January, on all jewellery products exported to Dubai. Exporters may also stop using Dubai as a hub ... Read More »
Last year, 2016, is in our rearview mirror, so it’s time to look to the trends in 2017 that will change how we do business: For instance, in my travels around the country to conventions and keynote speech engagements, I’ve noticed that the faces of the audiences keep getting younger, ... Read More »
A US intelligence report on Russian hacking concluded that Russian military intelligence relayed material to WikiLeaks and other websites that published emails hacked from Democratic Party organizations. WikiLeaks founder Julian Assange insisted earlier this week that the hacked material his site published was not provided by the Russian government or ... Read More »
The government leeway to contain the fiscal deficit at 3.5 per cent of gross domestic product (GDP) might be marginal, though the nominal economic growth is projected to be higher than estimated. India’s nominal GDP growth, according to the Advance Estimates released on Friday, was projected at 11.9 per ... Read More »
NEW DELHI: A business class passenger travelling from Mumbai to Newark on an Air India flight shifted to a vacant seat in the economy class to be next to a female passenger and then allegedly groped her when she fell asleep. The man’s inappropriate touch woke up the woman and ... Read More »
