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Tech a bridge, not divider; focus on upgrading skills: PM
Talking about the need to convert challenges posed by technology into opportunities, the PM cited the example of the creation of India Post Payments Bank.
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Will prepare blueprint for companies looking beyond China as investment destination: Sitharaman
Nirmala Sitharaman said industry leaders who are contemplating getting their businesses out of China are "definitely considering India is the pitch ". herefore, she said, it might be important for the government to now see and meet up with a lot of industry leaders and invite them to India.
India-US trade negotiations going in full speed: Sitharaman
The ongoing trade deal negotiations briefly came up for discussion during a pull aside between Sitharaman and US Treasury Secretary Steven Mnuchin at the IMF headquarters. Mnuchin is scheduled to visit India early next month.
Banking services likely to be hit as employee unions threaten strike on October 22
The unions said they are opposed to outsourcing of regular and perennial nature of banking jobs, and privatisation of banking industry while calling for ample recruitment of clerical and sub-staff and stringent steps to recover of mounting bad loans.
Ex-CBDT chief, ex-CVC K V Chowdary joins RIL board
While the CVC Act says a retired Central Vigilance Commissioner cannot take up a diplomatic assignment or for-profit government office, it doesn’t bar them from taking up a private sector job.
HDFC Bank Q2 net profit rises about 27% to Rs 6,345 crore
Net revenues (net interest income plus other income) increased by 21.1 per cent to Rs 19,103.8 crore for the quarter from Rs 15,779.0 crore in the same quarter of the previous year.
‘Positive impact on investment’: IMF supports India’s corporate tax cut
It, however, said India should address continued fiscal consolidation and secure long-term stability of the fiscal conditions.
Boeing pilot complained of glitch on 737 Max two years before deadly crashes
A Boeing pilot working on the 737 Max said in messages from 2016 that a new automated system was making the plane difficult to control in flight simulators, more than two years before it was grounded following two deadly crashes.
FM calls for concerted action to reverse global slowdown
Speaking at a meeting of G20 finance ministers and central bank governors in Washington, Sitharaman “emphasized the importance of countries pursuing structural reform measures to counter the growth slowdown.”
No charges on digital payments to biz with turnover over Rs 50 cr from Nov 1
Central Board of Direct Taxes (CBDT) has called for applications from banks and payment service providers operating an authorised payment system under the Payment and Settlement Systems Act 2007 who are willing that their payment system may be taken into consideration.
Panel for accommodative stance ‘as long as it is necessary to revive growth’
According to the minutes of the MPC meeting, RBI Governor Shaktikanta Das said the government has also initiated several measures in recent months, which, together with monetary easing by the Reserve Bank, are gradually expected to work their way through the real economy.
Don’t believe in signing MoUs, but being investor friendly: CM
“This is an MP you can believe in and rely on. We walk the talk,” he said. He added that the state would become the economic tiger of India.
23,403 flights a week this winter schedule, 1.2% more than last yr
The highest growth over last year’s schedule in percentage terms was witnessed by full-service carrier Vistara, which will operate 1,376 flights per week compared with 838 flights a week last year, representing a growth rate of 64.2 per cent.
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