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  • How US plans to avoid a trade war with India
    on July 19, 2018 at 6:10 pm

    NEW DELHI: The Trump administration will share a list of its trade issues with India next week, as the two sides seek to iron out their differences over bilateral trade that have arisen from tit-for-tat tariff actions in the last few months. This was agreed at a new round of talks between the two countries in Washington, an official said. “All issues were discussed.They were talking of general things, we wanted specific. They will send us a text of what they want, in the next week or ten […]

  • Mark Zuckerberg says Facebook to wipe site clean
    on July 19, 2018 at 6:07 pm

    BENGALURU: Facebook chief executive Mark Zuckerberg said the company is going to be “strict” in removing false news and, going forward, will remove all content that could result in “real physical harm” or is “attacking individuals”. “The principles that we have on what we remove from the service are: If it’s going to result in real harm, real physical harm, or if you are attacking individuals, then that content shouldn’t be on the platform. […]

  • BJP’s multi-pronged 2019 fight has begun
    on July 19, 2018 at 5:45 pm

    By Nilanjan MukhopadhyayBJP’s campaign for the 2019 Lok Sabha polls has been launched unobtrusively. Earlier this week, Prime Minister Narendra Modi quietly embarked on his election campaign with strident speeches in Uttar Pradesh and West Bengal, indicating a not-so-subtle shift in his campaign’s thrust. To counter this — although in the making for some time — Opposition parties, too, have moved the non-confidence motion against the government to be debated […]

  • FinMin wants banks to start issuing near field communication-enabled credit and debit cards
    on July 19, 2018 at 5:43 pm

    BENGALURU: The finance ministry wants banks to start issuing near field communication (NFC)-enabled contactless credit and debit cards to their customers so that the government can expand the use of card payments beyond simple merchant transactions.In a letter marked to chief executives of banks, a copy of which was seen by ET, the ministry said that NFC or contactless cards are the next generation of innovation in the cards space which can bring about added security and convenience for digital […]

  • Next on Govt's digital plan? Make your debit cards contactless
    on July 19, 2018 at 5:43 pm

    BENGALURU: The finance ministry wants banks to start issuing near field communication (NFC)-enabled contactless credit and debit cards to their customers so that the government can expand the use of card payments beyond simple merchant transactions.In a letter marked to chief executives of banks, a copy of which was seen by ET, the ministry said that NFC or contactless cards are the next generation of innovation in the cards space which can bring about added security and convenience for digital […]

  • NCLT approves JK Paper's Rs 371 cr bid for Sirpur Paper Mills
    on July 19, 2018 at 5:22 pm

    JK Paper today said the NCLT has approved its Rs 371 crore bid for debt-ridden Sirpur Paper Mills under the insolvency resolution process.The Hyderabad bench of the National Company Law Tribunal (NCLT) today admitted the resolution plan submitted by JK Paper, the company said in a regulatory filing."Hyderabad Bench of NCLT has on July 19, 2018, approved the Resolution Plan submitted by JK Paper for acquisition of the Sirpur Paper Mills Ltd (SMPL) under the Corporate lnsolvency Resolution […]

  • Trai overhauls rules on pesky calls, spam messages
    on July 19, 2018 at 1:48 pm

    NEW DELHI: Telecom subscribers may get respite from unwanted calls and text messages in the next few months with the regulator tightening rules and setting stiff penalties of between Rs 1,000 and Rs 50 lakh per violation in a month on telcos that don’t comply with guidelines to check the menace.The Telecom Regulatory Authority of India asked telcos on Thursday to use blockchain technology to reduce pesky and unwanted commercial calls and messages and mandated subscriber consent to receive […]

  • Job postings in real estate sector drop 8%: Report
    on July 19, 2018 at 10:52 am

    New Delhi, Jul 19 () The number of job postings in the real estate sector in India has seen an eight per cent drop over last year amid implementation of the Real Estate (Regulation and Development) Act (RERA) 2016, says a report. According to data from global job site Indeed, while the number of job searches in the sector has increased by 8 per cent in the last year, job postings have seen a dip of 8 per cent. The RERA rollout promised to make the real estate sector more regulated and […]

  • 2018 mid and smallcap meltdown a replay of 2013: Hiren Ved
    on July 19, 2018 at 8:46 am

    The only difference between now and 2013 is that this time small and midcap PEs are far higher and in January, the CNX midcap trailing PE was at a 2200 bps premium to Nifty, which is unsustainable, Hiren Ved, Director & CIO, Alchemy Capital Management, tells ET Now.Edited excerpts: Would it be right to describe the way midcap stocks have moved this year as a plunge or a rout? Absolutely. But is this a good buying opportunity? This is not the first time that we are seeing this happen. We […]

  • Sept onwards, midcaps to outperform Nifty: Sanjiv Bhasin
    on July 19, 2018 at 6:29 am

    Stay put with your conviction ideas because there is a lot of money to be made,Sanjiv Bhasin, EVP-Markets & Corp Affairs, IIFL, tells ET Now.Edited excerpts: What is your take on midcaps? The last few times we have interacted with you, you have gone on record recommending to buy the decline. But every time you are putting money to work, the experience has been not been very gratifying. If you bought stocks 10 days ago, you are down 5%. If you bought stocks one month ago, you are down 20%. […]

  • Former finance minister Yashwant Sinha quits BJP, says democracy in danger
    on April 21, 2018 at 8:06 am

    Former Union Minister Yashwant Sinha, who has been at loggerheads with the party leadership in recent years, announced on Saturday that he is quitting BJP. "Today I am taking 'sanyas' from any kind of party politics, today I am ending all ties with the BJP," Sinha while addressing the first meeting of Rashtra Manch, founded by him.Sinha said democratic institutions were being undermined under the NDA regime and vowed to work for the protection of democracy in the country. He said that though he […]

  • MahaRERA slaps penalty on 8 Mumbai Builders for violation of rules
    on March 13, 2018 at 5:28 pm

    MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has slapped penalty of Rs 2 lakh to Rs 10 lakh on 8 builders in Mumbai for advertising real estate project without mentioning the authority’s website address and advertising a non-registered project. MahaRERA has taken this action on Suo-Motu basis.Of the 8 realty developers, builder Tridhatu Morya has been fined Rs 10 lakh for advertising a non-registered project. Rest of the 7 builders including Sumit Group, The Wadhwa […]

  • Meet the Amit Shah of China: How a professor-turned-politician powers Xi Jinping
    on March 12, 2018 at 9:02 am

    Now that a constitutional amendment abolishes presidential term limits, it has become possible for China's president Xi Jinping to rule as long as he lives. China's shift from a collective rule indicates how it prizes Xi who has articulated the ambition of China becoming the world leader by displacing the US. Xi has turned China from an inward nation to a country focused on winning the world. Behind Xi's ideological offensive is brainy professor-turned-politician Wang Huning who has guided two […]

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