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mounting psb losses may hamper india's economy; recap may not ease pain




when the indian government announced a surprise $32 billion bailout plan for the nation's state-controlled banks last october, credit rating firms and the nation's central bank saw it as a huge step to getting the industry back to robust health - and lending more to businesses and consumers. but the...



china floods to hit u.s. economy—climate effects through trade chains




river floods in china are transferred through trade networks to the us. credit: pik/willner, otto, levermannfluvial floods will increase due to human-made climate change, particularly in china. this might cause direct and indirect economic losses along the global supply and trade chains. the u.s. is...



holding your partner's hand can ease their pain in labour room: study




press trust of india  |  washington  june 22, 2017 last updated at 19:55 ist



india gets g20 praise on startup funding, derivative reforms




acknowledging steps being taken by india for sustainable and inclusive growth as well as support to global economy, the g20 has praised the initiatives in the country for promoting ease of doing business, startup funding and labour reforms.in its hamburg action plan, adopted at the g20 summit of lea...



india can be in top 50 on ease of doing business index, says arun jaitley




improving india's ranking in the world bank's ease of doing business index is "reasonably possible" if various machineries, including the tax department, make concerted efforts to improve the three laggard parameters, finance minister arun jaitley said. he said wto talks have not made much headway i...



indian economy is making tremendous progress: indra nooyi




indian economy is making "tremendous" progress and is adapting to the demands of life in the 21st century, indian-american pepsico chairman indra nooyi said today, a day after india jumped 30 places to rank 100th in the world bank's 'ease of doing business' ranking.india, which was ranked 142nd when...



vodafone ceo at wef meet praises modi govt for ease of doing business




during his speech at a wef governors meeting this morning, mr. vittorio colao, vodafone group plc's ceo, complimented india and prime minister modi's government for a marked improvement in the ease of doing business in the country during the last four years. after the meeting, mr. colao elaborated a...



ease of doing biz: modi govt should now focus on job creation, says cii




in the wake of india's progress as highlighted in the recent 'ease of doing business' report published by the world bank, the federation of indian chambers of commerce and industry (ficci) opined that this new achievement would help improve the inflow of foreign direct investment (fdi). "this is a g...



digitisation, gst to make india attractive place for business: jaitley




with greater digitisation and formalisation of financial activities and businesses, india is set to become an "extremely attractive" country to do business, finance minister arun jaitley said here on wednesday.speaking at the singapore fintech festival, jaitley said the ongoing process of digitisati...



gst's e-way bill is logistical nightmare for india's air express players




countering china in the indian ocean proves tall order for japan and indiapremium membernot a premiummembersponsored bypremium membernot a premiummemberpremium membernot a premiummembersponsored bypremium membernot a premiummemberbusiness standardconditions, riders attached to the system's functioni...



pm modi promises reforms to ease business climate further




prime minister narendra modi has said more reforms will be rolled out to further ease the business climate in the country, while pointing out that the recent jump in india’s rank in the world bank’s ease of doing business report was only a beginning.  the pm was addressing 'india's business ref...



china floods to hit us economy: climate effects through trade chains




intensifying river floods could lead to regional production losses worldwide caused by global warming. this might not only hamper local economies around the globe - the effects might also propagate through the global network of trade and supply chains, a study now published in nature climate change ...



india to be high middle income economy by 2047: world bank ceo




days after it gave india a 30 place jump in its ease of doing business ranking, the world bank today said the goods and services tax (gst) and reforms push by the government will catapult the country to the high middle-income economy in 30 years.it credited india's "extraordinary" achievement of qua...



india's ease of doing business improving faster than other economies




hailing the report of india jumping into top 100 in world bank's ease of doing business rankings, an economist has said that it indicates that the pace of improvement in india is better than other economies. speaking to ani, economist dk pant said, "this shows that we are observing that there is con...



india never a better investment destination than today: pm




prime minister narendra modi today asserted that india was never a more promising investment destination than it is today as his government completes three years in office later this month.the bjp-led nda government stormed to power in may 2014, winning by a huge majority.addressing the india-turkey...



modi promises reforms to improve business climate, hints at changes to gst




prime minister narendra modi has said more reforms will be rolled out to further ease the business climate in the country, while pointing out that the recent jump in india’s rank in the world bank’s ease of doing business report was only a beginning.  the pm was addressing ‘india’s business...



modi's plan to stop tax evasion: top 500 indian cos may face scrutiny




india's tax assessment is set for a major revamp. in order to improve ease of doing business and curb corruption, india plans to overhaul tax assessment process for top 500 companies. the measure, likely to be introduced in the federal budget in february, is in line with prime minister narendra modi...



gst will further boost india's ranking in 'ease of doing business': bankers




with the improvement in india's ranking in the world bank's ease of doing business report to the 100th place, bankers and experts have expressed hope that gst will strengthen the country's position in future."going forward, gst's incorporation in next year's assessment will provide another significa...



the telecom mess | business standard editorials




as the countdown has begun for the worst phase so far for the telecom industry, the government’s inaction is surprising. and there is no sign that anybody is listening to the industry that has enjoyed star status in attracting money and talent ever since india got hooked to mobile telephony. along...



international labour day: profiling the indian workforce




rapidly catching up with china to become the most populous country in the world, india, with 1.3 billion people running a $2.4 trillion economy, is the world’s fastest growing economy at the moment. the indian economy is led by the services sector, but the workforce composition is still led by agr...



avoiding the risk of opioids




credit: cc0 public domain dear mayo clinic: if opioids are such a problem in our country, why are they used so often to treat pain? aren't there other effective options for controlling pain that aren't as risky? a: pain is a common medical problem, and opioids are often used to combat it because the...



letter to bs: who will buy debt-laden air india after indigo's exit?




apropos your report “indigo pulls out of air india race” (april 06), i think indigo has always been a very circumspect, grounded and extremely well run airline. no wonder they are the only profit making air carrier in india. rahul bhatia and aditya ghosh are both prudent businessmen, who have do...



jaitley's budget 2018 speech highlights: farmers, rural india main theme




finance minister arun jaitley delivered his budget 2018 speech on thursday, with the government focusing on the agricultural sector and farmers' income.here are the main highlights:  1) with demonetisation, the quantum of cash currency in circulation has decreased and the tax base has increased. it...



in six-fold increase, 25 mn indians to be exposed to severe floods by 2040




india could see a six-fold increase in the population exposed to the risk of severe floods by 2040–to 25 million people from the 3.7 million facing this risk between 1971 and 2004–according to a new study published in science advances, a peer-reviewed journal.while states such as andhra pradesh,...



india may grow 7.2-7.5% in h2fy19; on way to becoming 5th largest economy




finance minister arun jaitley said today that india is expected to register a growth rate of 7.2-7.5 per cent in the second half of the current fiscal and is on way to becoming the 5th largest economy of the world.while unveiling the budget 2018-19, he said, india has grown on an average of 7.5 per ...