The U.S.-India Business Council (USIBC) commended the 2017 Union Budget presented by Finance Minister Arun Jaitley, saying the budget has a forward-looking outlook and builds off the economic reforms enacted over the last three years […]
NASSCOM: The Union Budget 2017 reinforces government’s reliance on technology for achieving development goals, as it focuses on Infrastructure and empowering startups and SMEs, although IT industry expectations on facilitative proposals remain largely unmet… The […]
MUMBAI (TIP): India’s annual budget is one of the nation’s most closely watched events-not just for the numbers, but for the political message during a speech that runs for about 90 minutes. The thrust of […]
PARTS USED FOR MANUFACTURING OF LED LIGHTS WILL ATTRACT BASIC CUSTOMS DUTY 5 PER CENT AND CVD OF 6 PER CENT FROM NIL EARLIER NEW DELHI (TIP): Smokers and tobacco consumers will have to pay […]
WASHINGTON (TIP): Uber CEO Travis Kalanick has quit US President Donald Trump’s council of business leaders, according to an internal memo obtained by The Associated Press. Kalanick wrote to his employees that he’d spoken with […]
The Union Budget for 2017-18 is in line with the BJP’s changed political stance of wooing the poor and shedding its “suit-boot-ki-sarkar” image. The Modi government has changed track and turned to the side where […]
Donald Trump met Ajit Pai fueling speculation about his role in the incoming administration. NEW YORK (TIP): Washington: US presidentelect Donald Trump met Indian-American Ajit Pai, commissioner of the Federal Communications Commission, fueling speculation about […]
NEW YORK (TIP): Noted community activist Andy Bhatia has been elected president of the Federation of Indian Associations in New York, New Jersey and Connecticut, which organizes the largest India Day Parade in New York City. Andy took charge on […]
The historic decision of Nov 9, 2016 to demonetize currency notes of Rs. 500/1000, which represents 86 %of the total currency in circulation, was ‘overdue’ since the last time in 1978. Many reports suggest that […]
A cost-benefit analysis of demonetization needs to take into account the inconvenience caused and the millions of man days lost in queues and lay-offs. The honorable Prime Minister promised the people an India of their […]
NEW DELHI (TIP): State Bank of India on Jan 2 (Monday) unleashed a rate war by cutting its home loan rates by 0.9%, betting big on mass migration from other banks, while also maintaining the […]
FLAT ROCK (TIP): Ford Motor has scrapped a planned Mexican car factory and added 700 jobs in Michigan following criticism by Donald Trump, as the US president-elect turned his attention toward rival General Motors Co […]
NEW DELHI (TIP): IndiGo and SpiceJet have raised “security” concerns over the government’s decision to allow 100% foreign ownership by non-airline players in the Indian carriers. SpiceJet CMD Ajay Singh and IndiGo president Aditya Ghosh […]
NEW DELHI (TIP): The Centre on Wednesday said that it will wait for consensus to emerge on GST laws and will not push for a decision by vote despite the threat of a delay in […]
NEW DELHI (TIP): India criticised Moody’s ratings methods and pushed aggressively for an upgrade, documents reviewed by Reuters show, but the US-based agency declined to budge citing concerns over the country’s debt levels and fragile […]
MUMBAI (TIP): Reserve Bank of India on Thursday clarified that account-holders can make multiple cash deposits in withdrawn currencies till December 30. RBI had on Wednesday reversed an earlier directive requiring banks to question customers […]
NEW DELHI (TIP): Nusli Wadia was voted out of his position as an independent director of Tata Motors. More than 70% of Tata Motors shareholders voted in favour of the resolution to remove Wadia, The […]
SHANGHAI (TIP): A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soaring labour costs […]
NEW YORK CITY (TIP): Every time he comes to the US, he ‘takes home something new.’ On his third US tour, Chief Minister of Chhattisgarh, Dr Raman Singh wooed investors to invest in new sectors, […]
New Delhi, Nov 28 (TIP) Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in […]
WASHINGTON (TIP): The U.S.-India Business Council’s (USIBC) board of directors announced, November 22, 2016, the appointments of six global business leaders to serve as members of the board. Among them are three Indian Americans. They […]
NEW DELHI (TIP): Business Tycoon Ratan Tata has suggested the government to consider Extra-ordinary relief measures, similar to those employed at the time of national calamities, for the poor so as to lessen their hardships […]
MUMBAI (TIP): The Tata Steel board on Nov 25 replaced Cyrus Mistry with OP Bhatt, an independent director, as the company’s chairman with a majority of the members voting in favour of the resolution. The […]
BENGALURU (TIP): Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka high court for recalling its order summoning him for allegedly violating an undertaking given by him and his companies not to […]
NEW DELHI (TIP): A decline in sales is prompting automobile companies to slash production as demonetisation has adversely impacted buyer sentiment and hit footfalls at showrooms. Few companies were willing to talk on record over […]
© The Indian Panorama