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The board, acting on the recommendation of the Human Resources, Nomination and Remuneration Committee, approved Anant Ambani’s appointment for a five-year term beginning May 1, 2025, subject to shareholder approval, the company said in a stock exchange filing.
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Senator Bob Menendez, Chairman of the Senate Foreign Relations Committee, and Congressman Michael Waltz, Co-Chair of the House India Caucus, during two separate Congressional hearings on Consular Affairs Budget asked top State Department officials why people in India were facing visa wait time up to 600 days.
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He said India's rank in patent filling is seventh globally while it is fifth in trademark registration.
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"That's why we think India will be, I'm not going to say immune, but less affected than other emerging economies if there's a further shock to the global economy, including a general global slowdown," Cashin said.
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This pessimistic note was in marked contrast to the previous CEWC and when at the beginning of the trade war, Chinese official media claimed that the Chinese economy was “resilient enough to cope”.
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Iran used to be India's second-biggest oil supplier, a position which now belongs to regional-rival Iraq after tough Western sanctions over its nuclear development programme limited Tehran's exports and access to finance.
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The issuance of the 12 digit unique identity number, Aadhaar, is gaining popularity among the government schemes for several benefits provided from the Consolidated Fund of India.
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SUMMARY
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"The per capita net national income during 2016-17 is estimated to be Rs 103,818 showing a rise of 10.2 percent as compared to Rs 94,178 during 2015-16 with the growth rate of 8.9 percent," as per data on Second Advance Estimates of National Income, 2016-17.
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Chief Economic Adviser Arvind Subramanian, who has proposed setting up a public asset rehabilitation agency to fix the balance sheets of both struggling banks and indebted companies, said the government was in touch with the RBI on the matter.
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HR consultancy Aon Hewitt's annual Salary Increase survey projects a drop in pay increases to an average of 9.5 percent across industries. It was 10.2 percent in 2016.
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"Developments in the Asia-Pacific region during the reporting year were significantly impacted by slower economic growth, tight real estate market in China, and the short-term weakening of the Indian market," the company said on Wednesday.
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A Reuters poll last week, conducted before the government presented its annual Budget, showed 28 of 46 participants expected the RBI on Wednesday to cut the repo rate by 25 basis points to 6.0 percent, its lowest since November 2010. Another two expected a 50 bps cut.
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In a twist of historical irony, the narrative on GST has rapidly changed from a substantive politico-fiscal issue until a few months ago to a pre-dominantly bureaucratic turf war now.
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A dynamic business landscape calls for new strategies to be crafted in the boardroom. In a bid to offer insights to help develop new perspectives towards creating value, CNBC-TV18 is launching a special programming initiative starting this weekend.
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Banks are awash with funds but corporates aren‘t taking any. Plants have large spare capacity and companies have a stockpile of unsold goods.
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In a report to Congress detailing China's nuclear power, Pentagon yesterday said the country was deploying new command, control and communications capabilities to its nuclear forces to improve control of multiple units in the field.
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Our guest is someone who wants to pour a part of India in a cup and serve it around the world.
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Analysts warn that despite yesterday's pullback, the trend continues to remain down and that investors must stay cautious till there are signs of consolidation.
