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Union Cabinet clears policy to boost shipbuilding in India
New Delhi, Dec 10: A Rs.4,000 crore ten-year policy aimed at boosting shipbuilding and ship repair industry in India under the ‘Make in India’ initiative was cleared on Wednesday by the Union Cabinet.
The policy includes grant of a…
Government to create buffer stock of pulses
New Delhi, Dec 10: The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, on Wednesday decided to create a buffer stock of pulses in the country.
An official statement said the buffer stock would…
Key Indian equity indices open higher after six-day fall
Mumbai, Dec 10: After a fall for six consecutive days, key Indian equity indices unexpectedly opened higher on Thursday, as investors looked for fresh positions.
Analysys had expected the market to again open lower on account of…
Myanmar’s first stock exchange debuts in Yangon
Nay Pyi Taw, Dec 9: Myanmar's first ever stock exchange began operation in the former capital of Yangon on Wednesday with six local listed companies and investors initially selected to act as players in the stock exchange market.
The…
Sanjeev Mohanty takes over as Jabong CEO
New Delhi, Dec 9: Sanjeev Mohanty has taken over as the new CEO and managing director of online fashion retailer Jabong, a company statement said here on Wednesday.
Mohanty assumed responsibilities on December 7.
With 20 years of…
Saudi Arabia sees ties with India grow beyond energy
New Delhi, Dec 9: A major source of India's energy security, Saudi Arabia has stepped up efforts to expand its bilateral trade and investment ties beyond oil, notably in areas like food, chemicals and textiles, especially among smaller…
Sri Lanka not to sign proposed economic agreement with India
Colombo, Dec 9: The Sri Lankan government on Wednesday insisted that it will not sign an economic partnership agreement with India as proposed by the previous Mahinda Rajapaksa administration.
Prime Minister Ranil Wickremesinghe told…
GST bill impasse daunts markets, Sensex down 204 Points
Mumbai, Dec 9: Dimmed prospects of key economic legislations getting the parliamentary nod in the winter session, coupled with a slowdown in the Chinese economy and falling commodity prices led to a barometer index shedding 204 points…
Indian PR body goes global with SAARC, UAE wings
New Delhi, Dec 9: In a move that is expected to foster strong bonds among global media and PR professionals, the Public Relations Council of India (PRCI), the country's largest body of communicators, has initiated steps to form its…
Aging population may shrink Chinese workforce by 10 Percent
Beijing, Dec 9: An aging population could shrink the number of working-age adults by more than 10 percent in China by 2040, a World Bank report said on Wednesday.
It means a net loss of 90 million workers in the country until that time,…