Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Jio Financial Services Ltd (JFSL) demerged from Reliance last month and is currently listed under a dummy ticker after its price discovery at Rs 261.85 but there is no trading happening in the scrip. The listing on BSE and NSE has been scheduled a day before FTSE Russell plans to drop JFSL from its indices.
Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
'There is not any negative connotation associated with it.'
India has some ability to influence what the world order will look like, but it needs to make structural changes to the ministries of external affairs and commerce, and evolve formal coordination mechanisms with the ministries of finance and home, says Nitin Pai
Imports too declined by 16.31 per cent to $37.39 billion.
It will be Putin's first participation in a multilateral summit after a mercenary group launched a short-lived armed rebellion last week that rocked Moscow.
It is learnt that the US had recently presented two separate papers to India.
Acknowledging the strained diplomatic relations between Malaysia and India over his remarks, Mahathir said that it is necessary to speak out on the issues, even though such remarks could be disliked by some.
Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on their own cultural and socio economic needs, says M K Venu.
India needs to make use of this opportunity to significantly enhance its exports especially in information and communications technology and the automotive sector.
Services attracted the most FDI during the first eleven months period of 2015-16.
After recording positive growth in September, India's exports declined 5.4 per cent to $24.82 billion in October on account of dip in shipments of petroleum products, gems and jewellery, leather, and engineering goods. Trade deficit in October narrowed to $8.78 billion as against $11.76 billion, as imports also fell 11.56 per cent to $33.6 billion during the month under review.
'While growth will bounce back from the current sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6 per cent,' notes T N Ninan.
To curb the menace of illicit fund flows, the government has set up a high level panel that will look into trade-based money laundering activities which particularly involve manipulation of invoices.
Organizers of the World Chess Championship sued on Monday to block a trio of website operators from broadcasting chess moves at the November 11-30 match in New York, which is expected to draw millions of online viewers.
Imports also fell for the eighth consecutive months, down 0.75 per cent to $41.14 billion in January, widening the trade deficit to a seven-month high of $15.17 billion.
India had proposed amending the formula to calculate the food subsidy cap of 10 per cent.
Over 340,000 images from 211 territories were submitted to the Sony World Photography Awards 2022 and over 156,000 were entered into the Professional competition - the highest number of entries in the history of the Awards.
'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.
US central command said that several US personnel are undergoing evaluation for "traumatic brain injuries" and at least one Iraqi service member was wounded in the attack.
'For the first time, all major countries are discovering India's indispensability to their own foreign policy interests.'
The Trump administration wants Prime Minister Modi to lower the trade barriers and embrace "fair and reciprocal" trade.
India on Thursday asked China to allow Indian citizens to travel to that country especially those who work or study there, and said that essential two-way travel should be facilitated, especially keeping in view the fact that Chinese nationals are able to travel to India.
Protectionist and exclusionary FTAs weaken multilateralism.
The PM said there was a need to tackle the problem of terrorism in an organised manner.
Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.
By calling off the scheduled foreign secretary talks, the Modi government has sent out a message to Pakistan that bilateral dialogue cannot be held if it continues to engage separatists in Kashmir vis-a-vis India, Bharatiya Janata Party president Amit Shah said.
The US is the largest consumer of gems and jewellery in the world contributing nearly 40 per cent of global production. If India can tap the opportunity, its overall exports to the US could jump by 10 per cent to $ 11 billion this year.
The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations. The first advance estimates for 2023-24 will be released on Friday by the National Statistical Organisation (NSO), an exercise done for calculating ratios such as the fiscal deficit. The interim Budget will be presented on February 1.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
India's food security concern at WTO needs solution: Modi
The BRICS stressed on resolution of conflicts in a declaration issued after a virtual meeting of foreign ministers of the member nations of the grouping. The meeting was attended by External Affairs Minister S Jaishankar and his Chinese counterpart Wang Yi.
In his opening remarks at the G20 Leaders' Summit at the Bharat Mandapam in New Delhi, Modi said the 21st century is a time of giving new direction to the world.
Prime Minister Narendra Modi on Thursday called for reforming the World Health Organisation and streamlining its approval process for vaccines and therapeutics, and favoured making flexible the WTO's rules relating to trade-related aspects of intellectual property rights.
The first summit in South Asia, it will host the largest delegation of 43 heads of State and government as well as the heads of international organisations.
The decision preceded long hours of tense negotiations and last minute hiccups from Argentina and Pakistan
Currently, the five-year FTP aims to raise total exports to $900 billion but targets may be reduced
'Commerce Minister Piyush Goyal once told me that if onion prices rise we will face the flak for it across India.' 'What can farmers expect from a government which talks like a trader and only believes in (electoral) profit and loss?'
