Narendra Modi announces quick loans, relaxation in labour laws for MSMEs

NEW DELHI: The Prime Minister of India Narendra Modi today launched a historic support and outreach programme for the Micro, Small and Medium Enterprises (MSME) sector. As part of this programme, the Prime Minister unveiled12 key initiatives which will help the growth, expansion and facilitation of MSMEs across the country. The Prime Minister said that […]

Birthright citizenship has created birth tourism: Donald Trump

WASHINGTON: United States of America (USA) President Donald Trump has claimed that the provision of birthright citizenship has created an entire industry of birth tourism in the US with Chinese people benefitting a lot from this “crazy, lunatic policy”. Birth tourism refers to the practice of people travelling to another country solely to give birth […]

ArcelorMittal says reached pact with Liberty House for sale of Dudelange, Liege assets

NEW DELHI: ArcelorMittal on said Friday it has reached an agreement with Liberty House for the sale of its assets in Luxembourg and Belgium. The assets are the final part of a divestment package the Luxembourg-headquartered company agreed with the European Commission (EC) during its merger control investigation into ArcelorMittal’s acquisition of Ilva SpA. “ArcelorMittal… […]

Sebi to introduce alternative payment mechanism for retail IPO investors from January

NEW DELHI: Capital market regulator Securities and Exchange Board of India (SEBI) on Thursday said it will launch Unified Payments Interface as an alternative payment option for retail investors, buying shares in a public issue, in a phased manner from January 1 next year, which will cut listing time for an IPO to three days […]

Plea by Amrapali CMD, two others for visiting homes on Diwali rejected by Supreme Court of India

NEW DELHI: The Supreme Court of India on Wednesday dismissed the plea of the Chief Managing Director (CMD) of Amrapali real estate group Anil Sharma and two other directors seeking permission to visit their homes to celebrate Diwali and other festivals with their family members. The apex court directed that the CMD and two other […]

Supreme Court asks Modi government to submit details of pricing of 36 Rafale fighter jets

NEW DELHI:The Supreme Court of India has asked the Narendra Modi government for pricing details of the 36 Rafale fighter jets India is buying from France in a sealed cover within 10 days but agreed that “strategic and confidential” information need not be disclosed. In its order, a three-judge bench headed by Chief Justice Ranjan […]

Invest India, WhatsApp partner to empower Indian entrepreneurs and start-ups

NEW DELHI:Invest India through its flagship initiative Startup India has partnered with WhatsApp on a program that focuses on the proliferation of start-ups, promoting economic growth and generating employment opportunities in India. Dedicated to driving success and enhancing grassroots innovation, WhatsApp will invest quarter of a million dollars as seed funding to the top 5 […]

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