Airtel Africa listed on the Nigerian Stock Exchange in a 1.36 trillion naira ($4.4 bln) flotation turning the telecoms company into the bourse’s third-largest stock by market value. Airtel Africa’s shares climbed 10 per cent from their listing price of 363 naira after the float went live. Some 100,000 shares traded at Tuesday’s debut, helping […]
India – ASEAN Troika Trade Ministers’ meeting was held in New Delhi today for informal consultation on the ongoing Regional Comprehensive Economic Partnership (RCEP). The meeting was attended by Union Minister of Commerce & Industry and Railways, Piyush Goyal,Acting Minister of Commerce of Thailand, Ms. Chutima Bunyapraphasara, Minister of Trade of Indonesia, Enggartiasto Lukita, Secretary
Finance and Corporate Affairs Minister Nirmala Sitharaman tabled the Economic Survey 2018-19 in both Houses of Parliament . The survey projects GDP to grow at 7 per cent in 2019-20. The Indian economy is expected to grow at 6.8 per in 2018-19 while maintaining macro-economic stability. The fiscal deficit has been pegged at 3.4 per
Economic Survey projects 7% GDP growth in current fiscal Read More »
Union Minister of Commerce & Industry and Railways, Piyush Goyal, has called for a Mass Movement to strengthen the cooperative sector in agriculture. Speaking at the curtain raiser event of India International Cooperatives Trade Fair (IICTF) in New Delhi today, Commerce & Industry Minister stressed the need for both Ministries of Commerce and Agriculture to
India dropped one place in the annual banking statistics report released by the Swiss National Bank (SNB). India is now positioned at the 74th rank in terms of money parked by the Indian individuals and enterprises in the Swiss banks. While India has slipped one place, the United Kingdom continued to maintain its top position
India slips to place to 74th in terms of money in Swiss Banks Read More »
India’s leading cryptocurrency exchange Koinex announced on Thursday that it was shutting its operations from 2 pm on June 27, blaming the decision on the ‘uncertainty and disruption’ in the crypto-sphere in India. In a blogpost, Koinex Founder Rahul Raj announced the digital assets company’s shut down of operations after facing regulatory troubles and lack of
Koinex shuts down; throws Indian Indian cryptocurrency market into uncertainty Read More »
The new cost of living survey of 2019 is out and according to the list Hong Kong is the world’s most expensive city for expats to live in, for the second consecutive year. According to the Mercer survey, the city that made to the second position is Tokyo, Japan, followed by Singapore, Seoul in South
Costliest Cities To Live In 2019 has Mumbai as India’s most expensive, Top 3 from Asia Read More »
In a reaction to a series of credit-related events that put investor money at risk, markets regulator Securities and Exchange Board of India (SEBI) tightened norms on investments by mutual funds (MFs). Vowing to take action against MFs getting into standstill agreements with the promoters of companies, SEBI Chairman, Ajay Tyagi said, “We don’t recognise
At a time of acute agrarian distress, Prime Minister Narendra Modi spoke in glowing terms of his government’s schemes and programmes in a video interaction with farmers from nine States. Reiterating the government’s promise to double farmers’ income by 2022, Mr. Modi claimed that the budget allocation for agriculture between 2014-19 was ₹ 2.12 lakh crore, almost
A group of secretaries constituted to look into the e-commerce issues will hold its first meeting on September 13 to deliberate on the proposals of the draft policy. The meet assumes significance as a section of the industry had raised concerns regarding the draft policy. “The group, which will be chaired by the Secretary in
