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Category Archives: Banking & Finance

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FICCI Prez suggests privatization of PSU banks

Shah wants a dynamic banking sector Given the continuous pressure on the government finances on account of the weak performance of the banks, the government should consider privatisation of Public Sector Banks, said Rashesh Shah, President of trade body FICCI.

India-Iran works to boost bilateral trade

FICCI-ICCIMA to strengthen economic relations Enforcement of the double taxation avoidance agreement and extension of preferential tariff would give a fillip to trade and investment between Iran and India.

India-Iran talk Chabahar Port-INSTC

Indian investments heads for Chabahar FTZ One of India’s most prominent world scale projects is participation in the development of Iran’s Chabahar Port which can start off the International North-South Transport Corridor (INSTC) through nations along the resource-rich Caspian Sea-Central Asia to Russia.

Air India Express Flyer SIN 4 Sectors (1)

WNS launches Brexit on DecisionPoint

Analysis of UK economy and industries online WNS (Holdings) Limited (NYSE: WNS) has launched a dedicated section on Brexit through DecisionPoint, the company’s thought leadership platform designed to provide organizations with strategic business insights.

Incredible india

Govt to complete hotel divestment in 12 months

Work in progress for 1.8-lakh hotel rooms The government will complete its India Tourism Development Corporation (ITDC)-owned hotel divestment programme in the next six to 12 months, said Minister of State for Culture Dr Mahesh Sharma.

CFO optimistic but undecided on capex

Q1’18 survey: CFO optimistics on fund raising Chief Financial Officers (CFOs) in India are optimistic about the overall financial health of their respective companies, but are undecide on capex due to demonetization.

UTI FUND

Budget focuses on speed of project execution

Goyal says Govt means business Minister of Railways Piyush Goyal said the proposal in the Budget 2018-19 shows sensitivity to the poor and marginalized sections of the society as well as focusses on speed of project execution.

Textile gets boost, Chinese imports being checked

GST for textile sector corrrected, says Irani Reclassification of micro, small and medium size enterprises (MSMEs) and 5% reduction in tax on annual turnover of companies up to Rs.250 crore will help manufacturing and increase employability in textiles sector.