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Category Archives: Banking & Finance

Pradhan

Pradhan calls for responsible oil prices

Minister highlights negative impact of high oil prices Petroleum & Natural Gas Minister Dharmendra Pradhan has called for responsible crude oil pricing and has expressed concern about its negative impact on consumers across the world, including India.

Prabhu discusses trade with US officials

India enhances energy cooperation with US Commerce, Industry and Civil Aviation Minister, Suresh Prabhu, has highlighted encouraging growth in trade volumes through purchases of US-made civilian aircrafts by Indian companies during his 10-12 June 2018 visit.

Rana Kapoor re-appointed to lead YES Bank

Bank to capitalize on innovations in technology The Board of Directors of YES BANK has reappointed Rana Kapoor as MD & CEO of the Bank for a period of 3 years at the 14th Annual General Meeting (AGM) held on 12 June 2018 in Mumbai.

Paradip Port

Major Indian ports recorded 2.41% growth

Nine ports had positive growth     India’s Major Ports have recorded a growth of 2.41% and together handled 116.26 Million Tonnes of cargo during the period April to May 2018 as against 113.52 Million Tonnes handled during the corresponding period of previous year.

FIEO

Exports to touch US$350bn in 2018-19

Gupta sees promising global economic growth Indian exports are expected to reach US$350 billion in the current fiscal year, up 15-20% on the year. The current shipments are estimated at US$300 billion, despite increasing protectionism.

New Policy to cut imports of goods

India to develop export-oriented manufacturing Work in progress on a new policy on electronics manufacturing in segments like automotive, defence, medical and power, to reduce imports. Industry feedback would be incorporated in the National Electronics Policy, which is expected in the coming months.

AirIndia Flight, Plane

Govt urged to engage key trading partners

FICCI survey sees headwinds India, facing slower foreign capital inflows, should focus on deeper engagement with its key trading partners to insulate itself from the impact of protectionist policies, said the Federation of Indian Chambers of Commerce and Industry (FICCI).

SBI logo

Walmart+Flipkart: a win-win deal

India: a turf battle for e-commerce By Dr Amitendu Palit and Dr Rahul Choudhury (This paper was first published by Institute of South Asian Studies (ISAS). Dr Amitendu Palit is Senior Research Fellow and Research Lead (Trade and Economics) at ISAS, an autonomous research institute