World Economics

Unprecedented situation for govt in 70 years, says NITI Aayog VC on liquidity crisis While describing the current stress in the financial sector as unprecedented in the last 70 years, Niti Aayog VC has said extraordinary steps need to be taken to deal with the crisis India Today Web Desk New Delhi August 23, 2019UPDATED: August 23, 2019 11:40 IST NITI Aayog Vice-Chairman Rajiv Kumar. (Photo: PTI) HIGHLIGHTS NITI Aayog VC has raised concern over the ongoing liquidity crisis He said the government is facing an unprecedented situation not seen in the last 70 years Kumar also said there is no trust among businesses in the market NITI Aayog Vice-Chairman Rajiv Kumar has termed the ongoing stress in financial stress as "unprecedented in the last 70 years" while calling for extraordinary steps to tackle the economic slowdown. Citing the situation of liquidity crisis in the financial sector and weak private investments, he said the government needs to take "out of...

UN General Assembly 2019: All the latest updates MORE ON UNITED NATIONS Interactive: How does your country vote at the UN? today Imran Khan: What will Modi do when Kashmir curfew is lifted? today UN General Assembly 2019: Speaker schedule and what to expect today UN's Guterres warns of nuclear 'annihilation' at disarmament meet today World leaders have gathered in New York City for the 74th session of the United Nations General Assembly (UNGA). The meeting comes amid simmering tension in the Middle East over recent attacks on Saudi Arabian oil facilities, which the United States blames on Iran, allegations Tehran denies. UNGA began just days after millions of young activists and their supporters marched in thousands of cities worldwide to demand greater action on climate change. More protests on climate are expected on September 27. The general debate started on September 24 and ends on September 30, with dozens of world leaders scheduled to address the Gen...

Finance Minister Nirmala Sitharaman cuts corporate taxes for domestic, new manufacturing companies At the GST Council Meet, Union Finance Minister Nirmala Sitharaman proposes to slash corporate tax for domestic cos, new local manufacturing cos through an ordinance. ADVERTISEMENT The Finance Minister on Friday announced Rs 1.45 lakh crore fiscal stimulus that includes slashing corporate tax to 22 per cent from 30 per cent, cutting down the minimum alternate tax (MAT) and lowering tax to 15 per cent for companies putting fresh capital into manufacturing. //economictimes.indiatimes.com/articleshow/71247292.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst India Today Web Desk New Delhi September 20, 2019UPDATED: September 20, 2019 12:12 IST Nirmala Sitharaman, GST Council Meet Nirmala Sitharaman was speaking at the GST Council Meet in Goa. (Photo: ANI) Amid growing concerns over the economic slowdown, Union Finance Minister Nirmala S...

Howdy, Modi! from the audience: How Narendra Modi, Donald Trump held the world's attention Here is how the Howdy, Modi! event, during which PM Narendra Modi and US President Donald Trump wowed a captive audience, played out from the 17th row from stage Soma Ghosh Houston September 24, 2019UPDATED: September 24, 2019 13:59 IST Howdy, Modi! from the audience: How Narendra Modi, Donald Trump held the world's attention PM Narendra Modi and US President Donald Trump addressed a 50,000-strong crowd at the NRG Stadium in Houston, Texas (Photo: Twitter/NarendraModi) "Houston, the world is watching you today. Chin up. #HowdyModi" I, a lonely fence sitter in a politically volatile world, almost tweeted those lines while our car waited behind a long line of cars, to turn into the street that led to the Green Lot, the drop-off zone allotted for Uber, Lyft and other rideshare passengers, outside NRG Stadium, one of Houston's largest football stadiums, a venue larg...

IIFL Wealth Hurun India Rich List 2019: Mukesh Ambani tops for eighth successive year, Hinduja family retains second spot India Infoline  Finance Limited (IIFL) By: FE Bureau | Published: September 26, 2019 2:51:30 AM The report sees 233 new additions to the IIFL Wealth Hurun India Rich List 2019. Pharma continues to contribute to the new addition, followed by food & beverages, jewellery, and software & services. Reliance Industries chairman Mukesh Ambani (File photo) Reliance Industries chairman Mukesh Ambani (File photo) Mukesh Ambani, chairman of India’s second-most valued firm Reliance Industries, continues to top the ‘IIFL Wealth Hurun India Rich List 2019’ for the eighth consecutive year with a total net worth of around Rs 3.8 lakh crore. The 8th edition of the report, released by Hurun Report India and IIFL Wealth Management on Wednesday, said 953 individuals crossed the threshold of Rs 1,000 crore across 41 industries feature in The IIFL Wealth Hurun Indi...

అపర కుబేరుడు ముఖేష్ అంబానీ 3,80,700 కోట్లు అపర కుబేరుడు అంబానీ సంపద ఇది 26-09-2019 00:57:47 రెండో స్థానంలో హిందూజా మూడో స్థానంలో అజీమ్‌ ప్రేమ్‌జీ టాప్‌ 25 మంది కుబేరుల సంపద జీడీపీలో 10 శాతానికి సమానం టాప్‌ 100లో ఐదుగురు తెలుగువారు అరబిందో ఫార్మా రామ్‌ప్రసాద్‌ రెడ్డి, ఎంఈఐఎల్‌ చైర్మన్‌ పీపీ రెడ్డి ఐఐఎ్‌ఫఎల్‌ హురన్‌ రిచ్‌ లిస్ట్‌ వెల్లడి జాబితాలో 74 మంది తెలుగు వాళ్లు హురన్‌ రిచ్‌ లిస్ట్‌లో వరుసగా 8వసారి అగ్రస్థానం 953కు పెరిగిన శ్రీమంతులు.. 74 మంది తెలుగు వారికి చోటు ఈ ఏడాది రెండు తెలుగు రాష్ట్రాల బడ్జెట్‌ పద్దు మొత్తం విలువ.. రూ.3,74,518 కోట్లు. కానీ.. అపర కుబేరుడు ముకేశ్‌ అంబానీ సంపద విలువ ఎంతో తెలుసా? రూ.3,80,700 కోట్లు!! ఐఐఎఫ్‌ఎల్‌ వెల్త్‌ హురన్‌ ఇండియా రిచ్‌ లిస్ట్‌లో ఆయనే అగ్రస్థానంలో నిలిచారు!! ADVERTISEMENT POWERED BY PLAYSTREAM Supermoon - Ft. Russell Peters World Tour. Pune | Ahmedabad | Hyderabad Oct 1st - Oct 6th Book Now తెలుగు పారిశ్రామికవేత్తలు నిర్వహిస్తున్న కంపెనీల్లో అత్యధికంగా ఫార్మా, కన్‌స్ట్రక్షన్‌ అండ్‌ ఇంజనీరింగ్‌, సిమెంట్‌ రంగ కంపెనీ...

Making GST ‘logical’ among Manmohan Singh’s five remedies to check economic slowdown He claimed that the government is busy in giving a false narrative of the state of the economy and that he can't see any focussed approach by the Modi government on this matter. By Express Web Desk | New Delhi | Updated: September 12, 2019 4:22:03 pm RELATED NEWS Need of the hour is to continue with economic reforms: Former PM Manmohan Singh In national interest to take Manmohan Singh’s advice seriously: Shiv Sena Former PM Manmohan Singh, wife accorded ‘Z+’ VIP CRPF security cover Manmohan devices 5-point guide to tackle economic slowdown; holds demonetisation, GST responsible In an interview to Dainik Bhaskar, Singh said the very first step before implementing the five reform measures is to accept that the country is facing an economic crisis. Former Prime Minister Manmohan Singh believes that demonetisation and faulty implementation of Goods and Services Tax is respons...

Bombay Dyeing-Reliance feud: RIL executive arrested on charge of conspiring to kill Wadia The Bombay Dyeing-Reliance Industries feud took a startling twist with the arrest of senior Reliance executive Kirti Ambani on the charge of conspiring to kill Bombay Dyeing Chairman Nusli Wadia. A volatile mix of politics, crime and business, it is the political dimension of the case that is most intriguing. ADVERTISEMENT Raghu Nandan DharM. RAHMAN.Prabhu Chawla August 31, 1989 ISSUE DATE: August 31, 1989UPDATED: October 30, 2013 17:56 IST The protagonists are a study in contrast. On one side, Dhirubhai Ambani, a street-smart operator whose rags-to-riches story has rewritten corporate history and radically changed the rules of the market-place. And ranged against him, Nusli Wadia, a suave, sophisticated tycoon descended from centuries of empire builders. The contrast does not end there. Ambani presides over the fastest-growing industrial group in the country with assets of Rs 3,875 cro...

China lodges a tariff case against the US at the WTO PUBLISHED MON, SEP 2 2019  9:58 AM EDT Reuters RT: Containers China trade port 190806 Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters China has lodged a case against the United States with the World Trade Organization over U.S. import duties, the Chinese commerce ministry said on Monday. The United States began imposing 15% tariffs on a variety of Chinese goods on Sunday — including footwear, smart watches and flat-panel televisions — as China began imposing new duties on U.S. crude, the latest escalation in a bruising trade war. The latest tariffs actions violated the consensus reached by leaders of China and the U.S. in a meeting in Osaka, the commerce ministry said in the statement. China will firmly defend its legal rights in accordance with WTO rules, it said.