Economic structural changes good in long run

By Yimou Lee and Marius Zaharia YANGON/HONG KONG (Reuters) - When officials from Myanmar's commercial capital Yangon toured six European countries in June, they were hoping to drum up investment in transport, energy and education. Instead, they were bombarded ...

A principal director in the Comptroller and Audit General of India (CAG) and four others have been booked by the CBI for fraudulently diverting Rs. 16.2 crore surplus funds of the Coffee Board to various mutual funds. The FIR named Sharada Subramaniam, IA&AS, ...

Under Neemuchwala’s digital-first vision, Wipro has accelerated investments in automation, analytics, cloud and cognitive technologies over the past three years, says Ayan Pramanik. As Abidali Neemuchwala completes six quarters as the chief executive of India’s third largest IT services firm, he seems to have figured out a way to break the jinx of sluggish growth that the company has seen for years. Last month, Neemuchwala said Wipro has “crossed all internal ...

A Parliamentary panel has sought details from the government on giving in-principal approval to its divest stake in Air India even as modalities are being worked out for the proposed divestment to revive the debt-laden national carrier.Officials from the ministries of finance and civil aviation as well as from Air India are expected to provide views this week to the Parliamentary Standing Committee on Transport, Tourism and Culture.On June 28, the Cabinet Committee on Economic Affairs gave ...

Senior advocates Kapil Sibal and Mukul Rohatgi, appearing for Sahara, has sought time till August 15 for realisation of the cheque and giving a road map for depositing the remaining amount. The Supreme Court on Wednesday noted that the embattled Sahara Group was still short of Rs 9,000 crore (Rs 90 billion) of the principal amount of Rs 24,000 crore (Rs 240 billion) to be deposited in the Sebi-Sahara account to refund its investors. The fact became clear after the apex court took on record ...

[India], June 28 (ANI): The Union Cabinet on Wednesday gave an in-principle approval for disinvestment of Air India. Finance Minister Arun Jaitley, while addressing a press conference, said that on the request of the Civil Aviation Ministry a group under his ...

Posted by Equitymaster Goods and Service Tax (GST) is the hottest topic of the season, isn't it? If you look around in newspapers, TV channels, hoardings by the road, on buses, trains there's so much information about it. GST seminar, GST software, GST tax ...

Posted by Equitymaster Children are often burdened with unrealistic academic expectations in their life. However, parents, teachers, and mentors must teach them that there is more to life beyond score-cards. All the toil is worthwhile only if they grow up ...

Agence France-Presse City: Palakaad/ New Delhi Only electric vehicles will be sold in the country by 2030 India will roll out nearly 100,000 battery-powered buses and autorickshaws onto its sulphurous city streets in the coming weeks, setting it on the bumpy ...