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US blocks $350mn military aid to Pakistan

The Trump administration will not give $350 million (Rs 2,250 crore) in coalition support fund to Pakistan after the US Defence Secretary said that he cannot certify that Islamabad......

Cow protection groups among NGOs on MHA radar

At least nine such NGOs that had 'gau' or 'cow' in their names are on the list, reports N Sundaresha Subramanian. The latest home ministry crackdown on non-compliant non-governmental......

5 questions for the 'Prannoy Roy Brigade'

'While I am personally pained at the raids on Dr Roy's home, I want to ask five questions of those crying themselves hoarse over the attack on "Freedom of the Press",' says Sudhir Bisht. IMAGE: Dr......

Govt capex to rise 25% to Rs 3.9 lakh cr by FY'20

Defence outlay alone will jump 22 per cent The government's capital expenditure will rise by 25 per cent to Rs 3.9 lakh crore by 2019-20, with defence outlay alone jumping 22 per cent, according......

NCAER pegs FY'18 GDP growth at 7.6% on normal monsoon

Recent estimates show that foodgrain production in 2016-17 has touched a new record of 273.4 million tonnes or 8.7 per cent higher as compared to last year. Economic think-tank NCAER has revised......

Govt's cheery farewell to old FY

The surge in export, domestic demand and public spending in infrastructure projects might revive private investment during 2017-18. The government could not have hoped for a better end to......

Wipro CEO Neemuchwala gets $1.8 mn pay package in FY'16

Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016. In his first......

I-T refunds worth Rs 1.22 lakh cr issued in FY'16

In 2015-16, more than 94 per cent of income tax returns were filed online and 4.14 crore returns were processed by the Central Processing Centre. The Income Tax department has issued 2.10 crore......

COA report: BCCI secy expenses Rs 1.56 cr, treasurer's 1.71 cr

The Committee of Administrators on Wednesday published full expenditures of the BCCI office-bearers in their fifth status report where acting secretary Amitabh Choudhary and treasurer Aniruddh......
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Gartner

Chinese smartphones brands Vivo, Oppo achieved best performances in Q2FY17 ...

http://www.business-standard.com/article/technology/global-smartphone-sales-boosted-by-6-7-hit-366-mn-units-in-q2-gartner-117082200651_1.html
11 states may see Rs 9,500 cr revenue loss this year

Large states like Andhra, Chhattisgarh, Gujarat, Himachal, MP, Odisha, Punjab and Tamil Nadu would need compensation from the Centre Even though... ...

http://www.rediff.com/money/report/gst-11-states-may-see-rs-9500-cr-revenue-loss-this-year/20170822.htm
Will India's GDP grow at 6.7% in Q1? Economists say yes

If the industrial sector expanded, growth rate is likely to rise in the remaining quarters to reach 7.6-7.8 per cent for 2017-18. The economy is... ...

http://www.rediff.com/money/report/will-indias-gdp-grow-at-67-in-q1-economists-say-yes/20170822.htm
Edelweiss

"We are still looking at 17 percent earnings growth in FY18," Maheshwari said. ...

http://www.moneycontrol.com/news/market-outlook/still-expect-17-earnings-growthfy18-buy-infosys-at-around-rs-800-edelweiss_9513041.html
Credit Suisse, Motilal Oswal lower FY18 growth estimates post Q1 earnings

Gautam Duggad of Motilal Oswal also said the Q1FY18 earnings season marked another quarter of weak performance and a subdued start to FY18. ...

http://www.moneycontrol.com/news/market-outlook/credit-suisse-motilal-oswal-lower-fy18-growth-estimates-post-q1-earnings_9500081.html

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