Jaitley warns of threat to job creation if investments blocked

Jaitley warns of threat to job creation if investments blocked

New Delhi, July 20 (PTI): Amid Unions opposing labour reforms, Finance Minister Arun Jaitley on Monday warned of a threat to job creation if investments were blocked and appealed not to persist with ideas that harm economic activity. A day after a ministerial panel headed by the minister failed to break logjam over proposed labour […]

India to log 236 mn mobile internet users by 2016

New Delhi, July 20 (IANS): India is projected to have 236 million mobile internet users by 2016, with the figure reaching 314 million by 2017, a report said here on Monday.   The country will have over 500 million internet users by 2017 as compared with over 350 million as of June 2015, ‘India On […]

Greek banks re-open after three weeks

Athens, July 20 (IANS): Greeks queued outside banks as the institutions re-opened on Monday after three weeks of a closure sparked by the deadlock over the country’s debt repayment, media reports said.   The withdrawal limit has been increased to up to 420 euros (about $455) a week in one transaction, The Guardian reported. The […]

Global tax regime must protect developing nations: India

Addis Ababa, July 18 (IANS): India has pitched for a global tax regime built into the UN process, rather than being looked at from the point of view of rich countries, in a bid to curb illegal financial flows from the developing world running into some $200 billion annually.   “As far as Global Tax […]

Now, rate Indian Railways services on board

New Delhi, July 17 (IANS): Passengers on the Indian Railways will now be able to give their rating of services while travelling following the launch of an IVR-based feedback collection drive, it was announced on Friday.   The feedback system questions passengers on six service parameters including the cleanliness of the station, platform, train, catering […]

Star Cement awards logistics partners

Star Cement awards logistics partners

Guwahati, July 17, (MExN): A meeting of logistics partners was recently organized by Star Cement to celebrate with them its 10 years of stardom in North-East market. Over hundred transport companies participated in the meeting which was chaired by Pradeep Purohit, AVP (Logistics), Star Cement; SP Shrimali, AVP (Production); and Mukesh Saxsena, GM (Production), Star […]

BSNL to improve connectivity along borders

Agartala, July 17 (IANS): To improve connectivity along the borders with Bangladesh, Bhutan and Myanmar, the BSNL would set up mobile phone towers along the frontiers, an official said here on Friday.   “We have initiated the process to install BTS (Base Tower Stations) along the borders with Bangladesh, Bhutan and Myanmar to improve mobile […]

‘China’s economic fundamentals sound’

Beijing, July 17 (IANS): World Bank Group (WBG) President Jim Yong Kim said on Friday that China’s economic fundamentals are sound despite the recent equity market volatility.   “China has built the world’s second largest economy and it has undertaken significant reforms aimed at providing all of its citizens with an opportunity to enjoy greater […]

‘Branding Nano as cheap car was wrong’

Chennai, July 15 (IANS): Branding Tata Motors small car Nano as a cheapest car was a mistake and was one of the reasons for the model not taking off as expected, Ratan Tata, chairman emeritus of Tata Sons, said here on Wednesday. Tata, who was here to participate in the 11th convocation of the Great […]

Intex launches iRist watch at MWC Shanghai

Shanghai, July 15 (IANS): Intex Technologies, the Indian handset-manufacturer, on Wednesday launched their own Android-based wearable smartwatch named ‘iRist’ at a price of Rs.11,999.   The new device, which will run on Android KitKat, will be one of the few devices that will have a SIM card facility, which means there will be extended support […]

‘Mobile industry contributes $1.1 tn to Asia Pacific economy’

Shanghai, July 14 (IANS): The mobile industry in Asia Pacific contributes more than $1 trillion per year to the region’s economy, fuelled by rising mobile broadband and smartphone penetration, a new report by GSMA said.   GSMA (Groupe Speciale Mobile Association) is an association of mobile operators and related companies devoted to supporting the standardising, […]