Manufacturing sector activity rises in Oct on robust order flow: PMI

Manufacturers stepped up hiring in October to meet rising demand conditions; and job-creation during the month was the strongest since last December.

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50 Indian items face heat as US revokes duty-free privileges on import of 90 products

President Donald Trump issued a presidential proclamation on Tuesday, leading to the removal of these products from the privilege beginning November 1.

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Ease of Business: What we have learned in last three years

In three years, India has improved its ranking by 65 positions — something that few countries of India’s size and complexity can boast of.

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RBI-government fight is nothing new. But this time, the timing is all wrong

The tension in India mirrors central bank fights playing out in countries as varied as the U.S. and Turkey, and is unlikely to go away soon.

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CII seeks urgent RBI measures to prevent severe credit crunch

CII has called for immediate action by the central bank to ensure sufficient liquidity in the financial market to prevent a potentially crippling credit crunch.

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Rift between RBI and governement widened after October 23 board meet

The government expects the next meeting of the board, scheduled for November 19, to address the issues raised by it. Members were informed about the meeting on Wednesday

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RBI autonomy key, but limited by law: Finance Ministry

The govt and RBI have to be guided by “public interest” and “the requirements of the Indian economy”, suggesting that regulatory autonomy cannot be at the cost of these.

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On track to be among top 50 in Ease of Business index: Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion

We hope more and more companies turn to resolution and reorganisation, and not liquidation, says Ramesh Abhishek.

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Robot backpack: How this Fusion bot aids collaboration

The Fusion bot shares and teaches skills by transferring body motions from one person to another.

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US attacks UK plan for digital services tax on tech giants

Plans to impose a new tax on tech giants risks US retaliation and could hurt trade relations.

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Technew

Plans to impose a new tax on tech giants risks US retaliation and could hurt trade relations.

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Robot company Starship Technologies start Milton Keynes deliveries

Hundreds of robots are starting to deliver packages to addresses across Milton Keynes.

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Technew

Hundreds of robots are starting to deliver packages to addresses across Milton Keynes.

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Royole's bendy-screen FlexPai phone unveiled in China

The FlexPai phone offers a tablet-sized screen when open or three separate displays when folded up.

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Mobile phone shop staff 'enabling Sim swap scams'

Fraudsters are using lax ID checks at phone shops to commit identity theft, a BBC investigation finds.

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Technew

The FlexPai phone offers a tablet-sized screen when open or three separate displays when folded up.

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Technew

Fraudsters are using lax ID checks at phone shops to commit identity theft, a BBC investigation finds.

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View: Govt must get down to the real work of repairing a distressed financial system

IL&FS' total debt is Rs 91,000 crore, of which Rs 57,000 crore is borrowed from banks.

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Eurostar resets customer passwords after hack attack

The rail firm reset passwords after detecting efforts to break into some accounts earlier this month.

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The rail firm reset passwords after detecting efforts to break into some accounts earlier this month.

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Google executive leaves after sexual harassment claim

The New York Times reported the executive had been accused of sexual harassment in 2013.

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Technew

The New York Times reported the executive had been accused of sexual harassment in 2013.

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RBI, government communications have not ever been disclosed: Arun Jaitley

At a news conference, the minister said he would not say anything more than what a press statement issued by his ministry on the RBI row said in the morning.

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Technew

The couple who fell to their deaths had blogged about their love for travel and each other.

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Yosemite fall: Victims identified as married bloggers from India

The couple who fell to their deaths had blogged about their love for travel and each other.

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India certainly not a 'tariff king', says World Bank official on Donald Trump's remarks

Trump described India as a "tariff king" as he reiterated his allegations that New Delhi has a high tariff rate on various American goods.

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Fifa: Governing body reveals IT data hack earlier this year

Football's world governing body Fifa says information was hacked from its IT systems earlier this year.

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Football's world governing body Fifa says information was hacked from its IT systems earlier this year.

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India's journey from 142 in 2014 to 77 in 2018 is remarkable: Arun Jaitley

With uniform construction bye-laws, India has jumped from 184 in 2014 to 52 IN 2018. This is the largest single jump, said Jaitley.

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Ease of Doing Business: India jumps 23 notches, now at rank 77

India jumped 23 points in the World Bank's ease of doing business to 77th place, highest in 2 years.

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Apple Watches owners asked to return devices for repair after update glitch

Apple has withdrawn a software update after complaints that it "bricked" some owners' smartwatches.

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Technew

Apple has withdrawn a software update after complaints that it "bricked" some owners' smartwatches.

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Technew

The bogus advert purports to be for the BeLeave Brexit campaign and received more than 1,000 views.

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Core sector growth slows down to 4-month low of 4.3 per cent in September

Eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 4.7 per cent in September 2017.

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Fake Cambridge Analytica ad hits Facebook

The bogus advert purports to be for the BeLeave Brexit campaign and received more than 1,000 views.

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India will need USD 4.5 trillion till 2040 for infra development: Amitabh Kant

Kant further said that there is an urgent need to restructure entire existing public private partnership (PPP) framework

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CII presents 10 point plan for financial stability

CII noted that RBI must work out further credit lines to provide sufficient liquidity .

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India needs to create 100 mn new job opportunities in next decade: Report

India will need to increase its labour force participation rate (LFPR) by providing greater opportunities to its working population especially women.

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Technew

A tech skills shortage means some Welsh workers receive daily job offers, and salaries are increasing.

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Cardiff tech firm: 'We'll pay £100k, but can't get staff'

A tech skills shortage means some Welsh workers receive daily job offers, and salaries are increasing.

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Technew

The social media firm is seeing users shift from its most profitable business amid rising costs.

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Facebook daily visits growth slows as sales miss forecasts

The social media firm is seeing users shift from its most profitable business amid rising costs.

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Govt issues statement on spat with the RBI, says will continue to engage in consultations in public interest

The government added that its has never made public the subject matter of those consultations and has only communicated the final decision.

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Ease of Doing Business ranking: India may register 'big jump' like last year

Govt is optimistic that key reforms initiatives like implementation of GST in July, relaxed construction permit, ease in starting a business and trading across borders will help India to improve ranking

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Industry choice vital to benefit from India growth story

An investor needs to invest in industries that generate better returns relative to others and then needs to find specific assets within the industry that are available at attractive valuations.

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NIIF acquires IDFC Infrastructure Finance

IDFs are investment vehicles for channeling investment into India's infrastructure sector.

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Government invokes never-used powers to direct RBI governor

Letters have been sent to the RBI governor in recent weeks on issues ranging from liquidity for NBFCs, capital requirement for weak banks and lending to SMEs.

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Govt may step up disinvestment drive with power PSUs’ mergers

The process may kickstart the process with top power generation company NTPC taking over hydropower firm SJVN, a senior government official said.

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Animal husbandry likely to get Rs 2,477 crore

The RBI will soon clear the proposal of extending the facility of Kisan Credit Card (KCC) to dairy, livestock and fisheries farmers to help them meet their working capital requirement, agriculture ministry officials said.

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Technew

Oxford University researchers have created a simulation designed to help prevent religious conflict.

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Can artificial intelligence help stop religious violence?

Oxford University researchers have created a simulation designed to help prevent religious conflict.

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Why are overseas investors unfazed at RBI-government rift

In past two week, a large FPIs have switched around about Rs 4,000-4,500 cr worth of government securities.

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India, Italy to fast-track trade, two-way investments

The Indian Prime Minister said both sides have decided to boost ties in key sectors such as lifestyle accessories design, transportation and automobile design, energy, and life sciences.

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Technew

Campaign groups and university researchers raise concerns about the ads found in Android apps.

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Android under-5s apps have 'unfair and deceptive' ads

Campaign groups and university researchers raise concerns about the ads found in Android apps.

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'Aadhaar Seva Kendras' to ensure ease in Aadhaar-related services: UIDAI CEO

In the first official confirmation about the mega project in the offing, Pandey said: "With Aadhaar Seva Kendras, we are building hassle-free and resident-friendly enrolment and update facility infrastructure to ensure ease in Aadhaar related services to residents".

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High consumption of rubber may trigger its production growth in India

To meet challenges she advocated multifaceted approach combining institutional, developmental and regulatory measures.

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PCI Security Standards Council appoints India head to strengthen data security

PCI SSC is a set of security standards designed to ensure that all companies that accept, process, store or transmit credit card information maintain a secure environment.

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India's long-term growth story robust despite global headwinds: Report

According to Dun & Bradstreet's Economy Forecast, the balance sheet of banks, corporate and government remains strained while the gross non-performing assets (NPAs) have increased significantly.

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Suresh Prabhu indicates improvement in India's ranking in World Bank's doing biz index

According to sources, improvement is expected in parameters, including construction permit, starting a business, and trading across borders.

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Warning over DJI drones falling out of the sky

Some incidents in which DJI drones "suffered a complete loss of power" have concerned a UK authority.

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Technew

Some incidents in which DJI drones "suffered a complete loss of power" have concerned a UK authority.

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ICAI fast-tracks pending cases for enquiry

Chartered accountants' apex body noted that the long pending residual cases under old disciplinary mechanism (section 21D of the Chartered Accountants Act 1949) were concluded by fast tracking the hearings.

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Morgan Stanley: RBI-government spat shows central bank's independence

Viral Acharya had last Friday made a fervent pitch for independence/autonomy for the regulator and warned of punishment by the markets if it is undermined.

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Technew

The employee at the US Geological Survey had an "extensive history" of visiting adult websites.

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Porn-loving US official spreads malware to government network

The employee at the US Geological Survey had an "extensive history" of visiting adult websites.

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Centre, states apportion Rs 32,000 crore IGST in October

The apportionment would add to the goods and services tax (GST) revenue of both the centre and states for October.

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Technew

Strong demand for Spider-Man and other games is helping drive earnings at the Japanese electronics giant.

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Sony eyes record profit as gaming hits boost earnings

Strong demand for Spider-Man and other games is helping drive earnings at the Japanese electronics giant.

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Govt to promote education sector to increase services' share in GDP: Suresh Prabhu

"We want to increase the share of the sector in the economy, and education is an important sector in this, and we will promote it," Suresh Prabhu said.

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Technew

The taxi-hailing app appeals against a ruling its drivers should be treated as workers, not self employed.

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Uber appeals against drivers' rights to pay and holiday

The taxi-hailing app appeals against a ruling its drivers should be treated as workers, not self employed.

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India in dire need of long-term growth strategy

When Prime Minister Narendra Modi came to power in 2014, nothing helped him more than the precarious state of the economy at the time.

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India on way to becoming 3rd richest country, lead 4th industrial revolution: Mukesh Ambani

"In the next two decades, I can confidently say that India shall be leading the world and shall contribute to the next wave of global economic growth," Ambani said.

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India's finance minister criticises central bank for lending excess

"The central bank looked the other way when banks gave loans indiscriminately during 2008 to 2014," Jaitley said while speaking at an event in New Delhi.

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Interface with govt which leads to corruption has declined as most processes have moved online, says Arun Jaitley

People from the industry no longer have the need to come and see me as most of the permissions have moved online, Jaitey said stressing the point that the government has cut discretions which gave rise to corruption. ​​​

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RBI vs govt: Senior bankers too unhappy with Urjit Patel

Patel's supporters say the governor communicates "as and when necessary". "He doesn't believe in schmoozing," said one of them.

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RBI vs government: 10 flash points between Centre and central bank

What is unusual about the current standoff is the number of issues it has spilt over to and the length of time it has gone on for.

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RBI vs Centre: Relationship may not sour further, say experts

Problem of bad loans affecting state-run banks will also require a close look from both sides, and that too at a time when the general elections are a few months away.

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India's 2018-19 sugar export contracts rise to 8.5 lakh tonnes: Traders

Most of the 8.3 lakh tonnes of sugar contracted for export is raw, said traders. Of the 4.5 lakh tonnes contracted by UP mills, about 2 lakh tonnes are on account of third party contracts.

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India can seek duty cuts from China on 200 items

Exports have been hit as China has given deeper duty cuts to India's competitors.

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Cadre for Social Security Schemes in the pipeline

The idea is to hire officers and send them on deputation to run state social security boards that have been proposed to be set up under the labour code on social security.

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FM, RBI Governor to come face-to-face at FSDC meet

Meeting may take up governance of public sector banks and issue of non-performing loans.

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Many feel a Reserved Bank responsible for standoff

Observers say RBI's aversion to meeting with industry led to govt involvement in issues.

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Can we predict when and where a crime will take place?

Predictive policing using data analytics is gaining acceptance among police forces, but at what cost?

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Technew

Predictive policing using data analytics is gaining acceptance among police forces, but at what cost?

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Budget 2018: Tech giants face digital services tax

Chancellor Philip Hammond plans to tax the sales that digital giants generate in the UK.

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Technew

Chancellor Philip Hammond plans to tax the sales that digital giants generate in the UK.

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Why RBI and GoI should sometimes publicly critique each other

It’s alright for RBI to occasionally publicly express its reservations about GoI and vice-versa.

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Red Hydrogen One: The internet reacts to the 3D-enabled phone

A smartphone with a pioneering 3D display fails to convince technology experts of its merits.

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Technew

A smartphone with a pioneering 3D display fails to convince technology experts of its merits.

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Haryana to pay farmers for Moong dal, potato

While the procurement of moong would commence next month, the procurement of potato would start in the month of February.

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I-T dept proposes online filing of tax exemption application

The department sought comments from stakeholders by November 12 on the amended rules and application forms seeking tax exemptions by such entities.

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