India strongly supports the capital increase in the World Bank, Finance Minister Arun Jaitley has said and expressed the country’s readiness to take a larger share in the global lender than the dynamic formula. In his meeting with World Bank President Jim Yong Kim, Jaitley acknowledged the long-standing and mutually beneficial relationship between the World Bank … Read more
Ahead of the Reserve Bank of India’s first monetary policy review to be decided by a committee later on Tuesday, the World Bank has said India’s GDP growth will remain robust at 7.6 percent in 2016 and 7.7 per cent in 2017. According to the World Bank, Indian economic growth remained robust, which is expected to support … Read more
A considerable improvement has been noticed in India’s GCI Index since last few years. India has now climbed up the ladder and reached 39th rank among 138 countries. A huge jump of 16 ranks has been made by India. Arun Jaitley remarked, “It is an extremely positive development. Data released today by the World Economic … Read more
Initially, the Chinese investments in India were very low. In 2015, China had mere 2.2% share in total $39.3 billion of FDI coming into India. Gradually, over the past few years, the figures have considerably gone up. This, however, has worried China. Recently, it warned about its rising investment flow to India in a famous … Read more
SEBI imposes a ban on circulation of information via emails and SMSes since it says that it serves no good. It further added that such emails and SMS are fraudulent and mislead the gullible investors. At the moment, such unauthorised adviser companies are numerous. The tips circulating through such means have gone up by 15-20% over … Read more
The Competition among the online retailers is so high that now even the rivals are looking joining hands to get into the good position in the market. In such a move, US-based retailer Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s online retailer service ‘Flipkart.’ This step by … Read more
Amazon India shook the whole nation when they announced that they will hold their annual sales event – Great Indian Festival at the same time when Flipkart is hosting its Big Billion Day sale. This means we are going to witness a war between Amazon and Flipkart. When are these sales events of Amazon and Flipkart? … Read more
Ratan Tata earlier this year expressed his interest in investing in Indian Startups, and now IdeaChakki, which a food-tech venture, has raised money from Ratan Tata. IdeaChakki is a Delhi-based start-up and it did not disclose the quantum raised. According to the company, the funds raised from Tata will primarily be used for expansion into new … Read more
Reliance Jio’s effect can be felt in the Telecom market as it seems like Jio 4G has created quite a storm. Actually, Reliance Jio is offering Rs 50 per GB data plan, and to tackle the Customer’s switch , BSNL is looking to hook new customers to its wireline broadband offering. Sate owned BSNL today said … Read more
With the announcement of its commercial launch, Reliance Jio has created a discomfort among the telecom companies. The reason is the cheapest data tariffs in the world and also free outgoing calls, SMS and no roaming across India. Other telecom companies already had slashed their tariffs up to 60 to 80 percent but that seems … Read more
SUBWAY India is celebrating its awesome 15 years with great offers to make it special for its customers. On a press release in Business wire India, its country head Mr. Rajiv Talwar announced the offer. The Food Chain is hosting a Buy One Get One (BOGO) offer on Friday, August 26, 2016, across all its restaurants in the country … Read more
VR and AR are in their primary stage of the tech market, and like a trend in this market, a curved growth is more likely than a linear one. With a few billion dollar revenue in 2017 and an excepted inflection point in 2018, the sector has stepped up to the first level of tech … Read more