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FM Arun Jaitley promises market-oriented reforms, infra spending to boost growth

May 31, 2016 at 11:06 | Source: FirstPost

Tokyo: Wooing Japanese investors, Finance Minister Arun Jaitley on Tuesdaypromised more structural and market-oriented reforms as well as stepping up infrastructure spending to accelerate economic growth beyond the current 7.6 per cent.He also promis...

India has highest number of people trapped in modern slavery: study

May 31, 2016 at 08:35 | Source: FirstPost

Sydney: More than 45 million men, women and children globally are trapped in modern slavery, far more than previously thought, with two-thirds in the Asia-Pacific, a study showed Tuesday.The details were revealed in the 2016 Global Slavery Index, a r...

GDP data today: India set to retain fastest growing economy tag

May 31, 2016 at 08:32 | Source: FirstPost

India probably gathered momentum to hold its ranking as the world's fastest growing large economy in the quarter through March, giving Prime Minister Narendra Modi more to celebrate after completing two years in office last week.Modi swept to power p...

At 21.8%, Indias air passenger traffic growth in April outdoes major markets again

May 31, 2016 at 08:19 | Source: FirstPost

New Delhi - Domestic air passenger traffic growth out performed major aviation markets for the 13th consecutive month as the number of fliers grew 21.8 percent in April as against a global average of 4.1 percent during the months, according to IATA.&...

Antarctic seas defy global warming thanks to chill from the deep| Reuters

May 30, 2016 at 23:46 | Source: FirstPost

OSLO A persistent chill in the ocean off Antarctica that defies the global warming blamed for melting Arctic ice at the other end of the planet is caused by cold waters welling up from the depths after hundreds of years, scientists said on Monday.The...

Oil prices edge higher in thin trade; OPEC eyed| Reuters

May 30, 2016 at 23:45 | Source: FirstPost

Oil prices inched up toward $50 a barrel on Monday, although uncertainty ahead of an OPEC producer-group meeting later in the week was expected to cap gains.The Organization of the Petroleum Exporting Countries meets in Vienna on Thursday, although m...

Chad's ex-leader Habre, Cold War-era ally of West, gets life in prison for atrocities| Reuters

May 30, 2016 at 23:20 | Source: FirstPost

DAKAR Former Chad president Hissene Habre, an ally of the West during the Cold War, was convicted on Monday of war crimes and crimes against humanity for ordering the killing and torture of thousands of political opponents during his eight-year rule....

Pained by recent attacks on African students: President Pranab Mukherjee

May 30, 2016 at 22:09 | Source: FirstPost

New Delhi: President Pranab Mukherjee on Monday expressed concern over a string of alleged attacks on Africans in the country, saying it would be most unfortunate if the people of India were to "dilute our long tradition of friendship with the p...

New law will show compassion to victims of human trafficking: Maneka Gandhi

May 30, 2016 at 21:28 | Source: FirstPost

New Delhi: India is drafting a new law to tackle human trafficking, a government minister said Monday, with millions of victims, mostly children, pushed into the illegal trade every year.The draft law is the first to deal exclusively with trafficking...

Identifying the potential home buyers and the shifting paradigm of their needs

May 30, 2016 at 18:30 | Source: FirstPost

RBI Governor, Raghuram Rajans directives for real-estate developers to go easy on the property prices in major Indian cities has been a much-welcome relief to the salaried class and young working professionals. Affordability had long been an issue fo...

Chinese govt says controversial detergent TV commercial 'improper' but not racist

May 30, 2016 at 18:22 | Source: FirstPost

Beijing: China on Monday termed a commercial ad by a detergent company showing a black man washed into whiteas "improper" but rejected that it has racial overtones, saying none of the African countries have lodged any complaint against the ...

Hacker alleges phone calls between Dawood and Khadse, files CBI probe plea in HC

May 30, 2016 at 17:52 | Source: FirstPost

Mumbai: A Gujarat-based person, who claims to have hacked the call records of Dawood Ibrahim, on Monday filed a petition in Bombay High Court seeking protection for himself and CBI probe against Maharashtra minister Eknath Khadse for alleged calls be...

More than a third of coral in Great Barrier Reef's north dying due to bleaching

May 30, 2016 at 17:22 | Source: FirstPost

Sydney: Mass bleaching has killed more than a third of the coral in the northern and central parts of Australia's Great Barrier Reef, though corals to the south have escaped with little damage, scientists said on Monday.Researchers who conducted mont...

Dawood call logs: Hacker files plea in Bombay High Court for CBI probe

May 30, 2016 at 16:46 | Source: FirstPost

Mumbai: A Gujarat-based person, who claims to have hacked the call records of Dawood Ibrahim, on Mondayfileda petition in Bombay High Court seeking protection for himselfand CBI probe against Maharashtra minister Eknath Khadse foralleged calls betwee...

Hyderabad Angels invests Rs 15 crore in 12 start-ups in 2015-16

May 30, 2016 at 15:46 | Source: FirstPost

Hyderabad Angels (HA),invested around Rs 15 crore in adozen start-ups in 2015-16."Currently, there are close to 100 investorsincluding investors from US, Japan and Singaporewith around 75 percent of them being active (at least in one or more inv...

India's GDP to increase by $1 tn by 2020 if entire population gets online: Report

May 30, 2016 at 15:35 | Source: FirstPost

Four of five Indians could afford the Internet if data costs fell by 66%, according to a Facebook-commissioned report on Internet access. But Indian telecom operators already run data services at a 11% loss, making cost-cutting difficult.The statisti...

Why Rajan matters to India? Its not for the Chidambarams or Swamys to decide

May 30, 2016 at 13:36 | Source: FirstPost

Congress-leader and former Finance Minister P Chidamabaram is wondering whether the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi deserves Raghuram Rajan at the helm of the Reserve Bank of India (RBI).Im beginning t...

Why Rajan matters to India? Its not for Chidambarams or Swamys to decide

May 30, 2016 at 13:36 | Source: FirstPost

Congress-leader and former Finance Minister P Chidamabaram is wondering whether the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi deserves Raghuram Rajan at the helm of the Reserve Bank of India (RBI).Im beginning t...

In a battle against rising pollution, govt's vehicle scrapping policy looks laborious

May 30, 2016 at 12:50 | Source: FirstPost

 It is heartening to know that the government has finally come up with a proposal to scrap vehicles registered before 2005. This has been a consistent demand of the automobile industry and also makes sense in India's battle against rising po...

Lending solutions: Traditional banks not cool anymore as customers look for startup fintechs

May 30, 2016 at 12:37 | Source: FirstPost

Leveraging technology and new ideas, the financial services sector is set to change right before our very eyes.While banks are the bonafide traditional lending institutions that people can bank upon as being very stable, but at times, due to their se...

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