China will delay a planned $1.1 billion investment in a port on its modern-day “Silk Road” until Sri Lanka clears legal and political obstacles+ to a related project, sources familiar with the talks said, piling […]
Donald Trump’s executive order on #TravelBAN may have left the US and the world shocked, but India’s richest businessman believes the new US president may be good for the world’s fastest-growing major economy. “Actually, Trump might […]
WASHINGTON, DC (TIP) – US is getting ready to crack down on the number of foreign workers brought into the country with L-1 visas over the course of this year, meaning that Indian IT companies […]
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 […]
Snapshot Total expenditure of budget 2017-18 is 21.47 lakh crore Fiscal deficit at 3.2 per cent of GDP for year starting April 1. Remain committed to achieve 3% in following year Defence Expenditure excluding pensions […]
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 […]
NEW DELHI (TIP): In a pre-election Budget aimed at softening the demonetization blow, Finance Minister Arun Jaitley on February 1 halved the basic income tax rate to 5 per cent and lowered the rate for […]
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): 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 […]
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 […]
BEIJING (TIP): China’s central bank set the value of the yuan at the currency’s lowest level against the US dollar in more than eight years on Friday. The “parity rate” for the yuan, also known […]
LONDON (TIP): In a major boost to Brexit-hit UK, Tata Motors’ owned Jaguar Land Rover today announced ambitious investment plans leading to the creation of thousands of jobs in the country as part of its […]
One estimate pegs May 2017 as date when bills will be replaced; Deutsche Bank says crunch to cut 50bps from Oct-Dec GDP growth NEW YORK (TIP): For Indians expecting respite from the government’s clampdown on […]
MINEOLA, NY (TIP): Nassau County Comptroller George Maragos advised the Administration and the Legislature, October 28, to cut 3.8%or $82.6 million from the proposed $3 billion 2017 budget to avoid raising fees. This can be […]
In a major boost to the Indian Air Force, India has signed a formal agreement with France to buy 36 Rafale fighter jets for $8.7bn, in a major defense deal. The deal was signed by […]
New York, Sep 13 – Indias top women bankers, SBI chief Arundhati Bhattacharya, ICICI head Chanda Kochhar and Axis Bank CEO Shikha Sharma, are among the 50 most powerful women based outside the US, according […]
Reliance Communications has finally announced its long-awaited merger with unlisted telecom operator Aircel. It is said to be one of the biggest mergers of the telecom sector. The pressure in the telecom sector has already […]
![Obama said sanctions would be lifted during talks with Aung San Suu Kyi at the Oval Office [Carlos Barria/Reuters]](https://www.theindianpanorama.news/wp-content/uploads/2016/09/Obama-said-sanctions-would-be-lifted-during-talks-with-Aung-San-Suu-Kyi-at-the-Oval-Office-Carlos-BarriaReuters-.jpg)
President Barack Obama announced that US economic sanctions against Myanmar will be lifted, and trade preferences reinstated to provide duty-free treatment for goods from the Asian nation. Yesterday’s (09/14/2016) meeting in Washington was the first by Aung San […]
MUMBAI (TIP): Three years before the 2008 global financial crisis, an Indian economist named Raghuram G Rajan+ presciently warned a skeptical audience of top economic thinkers that excessive risk threatened the entire global financial system. […]
Gross domestic product growth dipped to 7.1% in the quarter ended June, a disappointing performance but one that still trumps the 6.7% posted by China in its most recent quarter. The slowdown comes as unease […]
WASHINGTON (TIP): The US trade deficit increased to the highest point in 10 months, driven up by a big rise in imports of oil and Chinese-made computers, cell phones and clothing. The deficit rose to […]
WASHINGTON (TIP): Calling China the “worst abuser” and “currency manipulator”, Republican presidential candidate Donald Trump warned that if elected+ , he will identify all countries violating trade agreements and take serious actions against them. The […]
© The Indian Panorama