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News Deloitte Announces Record Revenue Of US$43.2 Billion
Deloitte today reported aggregate member firm revenue of US$43.2 billion for the fiscal year ended 31 May 2018 (FY2018). This is an 11.3 per cent revenue increase of US$4.4 billion. "FY2018 was exceptional for Deloitte as we continued to deliver a measurable impact for clients, our people, and society. These results reflect Deloitte's unrelenting commitment to serving clients with...
- 6 hrs ago
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News E-Waste Production To Touch 3 Million Tons By End Of 2018
India's digital initiatives have seen a rise in various products and services from many industries. E-waste management has become the talk of Bengaluru as Cerebra Green launches 'India Clean Up Week' as they partner up with Manufacturers Association of Information and Technology (MAIT), Ministry of Electronics and Information Technology (MeitY), Ministry of Environment...
- 6 hrs ago
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News FreakOut Launches Funding Initiative In India
FreakOut, the global marketing technology company, has announced the launch of its funding initiatives in India. This initiative aims to nurture the growth of Indian startups while helping them expand their business across global markets. In the initial phase, the company will focus on AdTech and B2B ventures powered by cutting-edge technology that is driven by an ambition to expand overseas. ...
- 7 hrs ago
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News Iran Still 'Very Important' As US Sanctions Loom: OPEC Chief
The head of OPEC today said that Iran remains "a very important member" of the oil cartel, as Tehran braces for a new round of US sanctions partially targeting its crude exports. "Iran is a very important member of OPEC... and we have no choice but to continue working with all parties," Mohammad Barkindo said at the Gulf Intelligence Energy Forum in the emirate of...
- 7 hrs ago
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News PSU Bank Stocks Hammered As Merger Announcement Fails To Enthuse
The long-awaited merger between three PSU Banking companies Dena Bank, BOB and Vijaya Bank failed to enthuse stock markets as the Nifty PSU Bank Index tumbled -5.44 per cent in a day that was marked by heavy selling across the board. Losses of all the stocks in the Nifty PSU Bank index ranged from 2.33 per cent to 16.38 per cent. Some of the losers that lost more than 5 per cent...
- 7 hrs ago
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News India, US Closing In On Package Deal To Remove Trade Irritants
Indian farmers and US manufacturers of medical devices could be among the main winners in a trade package under negotiation, as Washington and New Delhi look to remove long-standing irritants to ties, sources familiar with the talks said. Having skirmished for months over tit-for-tat tariffs on steel and some agricultural products, the two sides began talks in June that also cover...
- 8 hrs ago
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News States Set To Miss 20 Percent Debt-To-GDP Ratio Target By FY23: Report
Though the Centre may manage to achieve the debt-to-GDP ratio target of 40 per cent by FY23, the states achieving the 20 per cent target looks difficult as most of them have not budgeted so far, warned a report.The states' aggregate debt-to-GDP ratio for FY19 has been budgeted at 24.3 per cent and according to their FY19 budgets, only 10 of the 20 states will have...
- 8 hrs ago
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News Need To Blend Subsidy With Investment To Enhance Agri Sector Growth: Arun Jaitley
Finance Minister Arun Jaitley on Tuesday made a case for blending subsidy with investment to augment farm sector growth and make it sustainable and self-sufficient. He also said formalisation of the economy has started showing visible result in terms of higher resource mobilisation, leaving more in the hands of the government for the capital formation in various...
- 8 hrs ago
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News Indo-German Collaboration In Vocational Education And Training
The Ministry of Skill Development and Entrepreneurship (MSDE) on Tuesday signed a memorandum of understanding (MoU) with the Indo-German Chamber of Commerce (IGCC) in the area of vocational education and training. The MoU was signed in the presence of German ambassador Martin Ney. According to the MoU, students who complete specific training courses in India will get a certificate...
- 8 hrs ago
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News China Threatens "Synchronised Counter Measures" To Retaliate Trump's $200 billion Tariffs
China today threatened to retaliate with "synchronised counter measures" against President Donald Trump's third round of tariffs on $200 billion worth of Chinese imports, saying the US' move will add "new uncertainties" for future talks between the world's top two economies. President Trump today slapped 10 per cent...
- 9 hrs ago
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