Person Communication And Meetings

The IMF official said that such "big effects" are not seen in the US or the UK.; the Chinese economy is rebalancing from exports and public investment to consumption, from manufacturing to services.

Pawar-Srinivasan confident of announcing candidature

According the sources, Pawar and Srinivasan are confident of dectating terms at the BCCI elections and securing majority if voting happens.

Rs 1,000 cr corpus proposed for making roads green in a yr

The Green Highways Policy scheduled to be launched by Union Transport Minister Nitin Gadkari on September 29 makes it mandatory for road builders to set aside 1 percent of the total project cost for plantation.

L&T chairman casts doubt on India's economic revival

A.M. Naik, the executive chairman of the 77-year old group, often viewed as a bellwether of the economy, said Prime Minister Narendra Modi's reform agenda had failed to boost business among its core engineering, construction and infrastructure customers.

German govt denies it knew of Volkswagen diesel rigging

Volkswagen has admitted using software to recognise when a car was being checked in a test centre.

Steel manufacturers demand reduction in power tariff

The delegation from Wada region in Palghar district, led by Maharashtra Industries Minister Subhash Desai, met the Governor at Raj Bhavan here and sought reduction in power tariff, a Raj Bhavan spokesperson said.

Paytm plans to launch payments bank by March

Paytm founder and CEO Vijay Shekhar Sharma was one of the two individuals, besides nine other entities including Reliance, Vodafone, Airtel, Birla and TechMahindra, among others, which have been granted in-principle nod to set up payments banks by Reserve Bank last month.

Levy cess on telecom, petrol for Swachh Bharat: CMs' panel

The panel has also pitched for viability gap funding, tax exemptions and separate tariff for waste-to-energy and compost projects.

Not concerned about Volkswagen scandal in US: Gadkari

In India, the company sells a range of models, including premium hatchback Polo, mid-sized sedan Vento and executive sedan Jetta. Another group firm Audi too sells a range of models here.

Glenmark Pharma eyes US biz to be strong growth driver

"The US business remains a critical growth driver and our efforts will be to maximise our presence and earnings from this market," Glenmark Pharma Chairman & MD Glenn Saldanha told shareholders at the company's AGM here.

President Xi: China is a big ship hitting rough seas

In the interview, Xi said Beijing's intervention to halt the country's stock market slide over the past few months was necessary to "defuse systemic risks," noting that it was similar to actions taken in "some mature foreign markets."

GE rules out India nuclear investment under current law

Speaking shortly after a meeting with Prime Minister Narendra Modi, Immelt said India needed to "homogenize" its liability law with the rest of the world.

Volkswagen's US boss: We totally screwed up

The US Environmental Protection Agency (EPA) alleged on Friday that the automaker had used software to trick regulators measuring toxic emissions on its diesel vehicles between 2008 and 2015.

Indian IT cos not taking away jobs from US: Sitharaman

It is important to put on record that Wipro has spent USD 8 million to train teachers in the US in the field of Science, Technology, Engineering and Maths, she said.

Foreign investors seek simplified framework from Jaitley

Jaitley, who has wrapped up his two-day visit here, highlighted recent initiatives taken by the government to attract investments and told them efforts are being made to further improve the ease of doing business in the country.

Coal scam: CBI asked to supply translated copies of docs

One of the defence counsel also sought some documents from the agency, saying the material supplied to him along with the final report were not legible.

WB Managing Director visiting India; to meet FM, RBI Gov

She is accompanied by Annette Dixon, Vice President for the South Asia Region of the World Bank. India's historic transformation, she said has lifted millions out of poverty, but enormous challenges remain.

PM floats idea of personal sector

Addressing a public meeting here after inaugurating a number of projects relating to power, road and health sectors, Modi said that the entire world was looking at India with 'pride and hope' which presented the country with tremendous opportunity.

CCI probes alleged cartelisation in airfares

The watchdog had asked its investigation arm Director General (DG) to look into the matter of airfares on three previous occasions but did not find any evidence of fair trade norm violations.

More reforms in pipeline, no investment plans held up: FM

Inviting global investors, he said India is no more a nation suffering from policy paralysis and uncertain tax regime and assured them of continuing the reforms for development of the investment-friendly environment.

PMO didn't ask to hasten labour reforms: Dattatreya

Soon, a meeting of the ministerial panel on labour issues, headed by Finance Minister Arun Jaitley, will be called where the unions' remaining "noteworthy" demands will be discussed, he informed.

ECB says QE relatively small so far, has scope: Constancio

Drawing a comparison with other major central banks around the globe, ECB Vice President Vitor Constancio said the European scheme is dwarfed by past asset buys, particularly by the US Federal Reserve and the Bank of Japan.

Eid holiday will not be cancelled: Rajasthan govt

Facing protest from various quarters, state Health Minister Rajendra Rathore said that the camps will be "voluntary and not binding" and the government holiday was not cancelled.

PM to meet power producers on Tuesday

The meeting comes a day after the Prime Minister met top brass of state electricity distribution companies (discoms), to review their performance and discuss the issue of their burgeoning debt.

Brazil, India woes threaten tenuous sugar market recovery

The possibility that millers in top grower and producer Brazil will continue to pump out large supplies of the sweetener at low prices may grow if the real continues its slide after Standard & Poor's cut Brazil's sovereign credit to "junk" status, analysts and traders said at an industry conference on Thursday.