ECONOMY NEWS

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Indian stocks edge higher in lackluster trade; ITC up 3%

All 14 types of Rs 10 coin valid, legal tender: RBI  -   17/01/2018 15:45
A ll the 14 designs of Rs. 10 coin are valid and legal tender for transactions, the Reserve Bank said today amid reluctance by certain traders to accept the coins, reported PTI. “It has come to the notice of the Reserve Bank that in certain places there is reluctance on the part of traders and members of the public to accept Rs. 10 coins due to suspicion about their genuineness,” the RBI said...
Private sector role key in disaster mgt: Robert Glasser  -   17/01/2018 15:35
R obert Glasser, Special Representative to Secretary General United Nations & Head of UNISDR stressed at the first board meeting of ARISE FICCI that for achieving the objectives of Sendai framework - reducing the loss of life and rapidly escalating cost of disasters - it is important to engage the private sector. Glasser said, "There is a direct link between business opportunity and economic development i...
India to be $5 trillion economy in 8-9 years: Prabhu  -   17/01/2018 14:59
C ommerce and Industries Minister Suresh Prabhu today said India is expected to become a USD 5 trillion economy in the next 8-9 years with the manufacturingsector contributing 20 per cent to that. "India is going to be USD 5 trillion economy in 8-9 years. USD 1 trillion will come from manufacturing.Therefore we are preparing a detailed plan what will be going in that manufacturing," Prabhu said at an even...
FICCI partners WB for global business summit  -   17/01/2018 14:12
B engal Global Business Summit (BGBS), the flagship Investment Summit organised by Government of West Bengal, has continued to witness the presence of significant political dignitaries and business delegates from around the globe, underling both the primacy of West Bengal as an attractive investment destination and a stable and progressive policy regime. Bengal Global Business Summit 2018 is being organiz...
India, Egypt to enhance bilateral trade  -   17/01/2018 10:51
I ndia and Egypt have discussed measures to enhance bilateral trade and supply of agricultural products.India's Ambassador Sanjay Bhattacharyya met with Ali El- Sayed Moselhi, Egyptian Minister of Supply and Internal Trade, yesterday and discussed means of enhancing the bilateral trade and finding new opportunities for collaboration. The meeting was also attended by P K Das, Director- Marketing (The S...
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