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Economy News

Adani ports

Adani Ports to deleverage further, says Fitch

The company recorded 12 percent year-on-year growth in cargo volumes to 85.1 million tonnes. Oct 31, 2016
Charminar

AP, Telangana top ease-of-doing-business list; Gujarat slips to number three

Chhattisgarh, Madhya Pradesh and Haryana occupied the fourth, fifth and sixth slots. Oct 31, 2016
Tunnel

Zojila tunnel project worth Rs 10,000 crore to be built using govt funds

National Highways and Infrastructure Development Corporation Limited will build the tunnel in Jammu and Kashmir. Oct 31, 2016
disability pension, odisha government pay commission cpc allowances salary hike increase money defence forces anomaly committee modi govt manohar

7th Pay Commission: Odisha government employees get Diwali gift; Centre clarifies on disability pension

The decision to implement 7th Pay Commission's proposals will benefit about seven lakh Odisha government employees and pensioners; Centre issues notification on disability pension for defence forces. Oct 30, 2016
singapore employment q3 consumption gdp economic growth weak jobs losses recruitment country asia tepid challenges investment banks global crisis

Singapore: Employment growth in Q3 slows almost to 2009 crisis levels

For the quarter ended September 2016 (Q3), Singapore posts 0.8 percent growth in employment, YoY. Oct 28, 2016
personal finance sundaram reliance mf nfo investment retail investors india idbi reliance hdfc icici mf elss equity

Govt to divest stake in BEML, Pawan Hans, Hindustan Newsprint, other PSUs

Units of Cement Corporation of India, steel plant of NMDC and Durgapur plants of SAIL will also be sold. Oct 28, 2016
Supreme Court of India

7th Pay Commission: Good news for contract staff this Diwali

Justice JS Khehar, heading the bench at the apex court said it based its judgement on the principle of 'equal pay for equal work'. Oct 27, 2016
India IT industry

Nasscom hints at lowering revenue guidance for FY 2017; IT stocks down

The earlier revenue growth estimate for fiscal 2017 given by IT industry body Nasscom was 10-12 percent. Oct 27, 2016
real estate construction office property colliers international india business bangalore delhi mumbai bengaluru absorption sq feet analysis ok fair etc

Office space absorption falls QoQ in September quarter: Colliers India

Pune, Bengaluru, and Hyderabad will witness demand revival in coming months, but Mumbai and Delhi will stagnate. Oct 26, 2016
hair cut nda defence cadets contract bid india weird news

7th Pay Commission: Here is the lowest allowance likely to be abolished

The 7th Pay Commission examined 196 allowances currently paid to Central government employees. Oct 26, 2016
chennai passengers ticket travel irctc eticket e-ticket dos and don'ts safety security rules railway indian travel trains

IRCTC issues dos and don'ts to passengers on e-tickets

On the eve of Vigilance Awareness Week 2016, IRCTC guides on how to be careful while booking e-tickets and meal orders. Oct 26, 2016
Heathrow airport

Heathrow's third runway could be boon to Indian community

Detractors described it as 'catastrophic' for the environment, local community and the owners of 783 homes that are slated to be razed. Oct 26, 2016
tata sons ratan tata cyrus mistry removal reasons trusts withdrawal from crps shares investment differences with  over

New Tata directors: Jaguar Land Rover CEO Ralf Speth and TCS chief N Chandrasekaran appointed Additional Directors on Tata Sons Board

Outgoing chairman of Tata Group, Cyrus Mistry continues on the board of Tata Sons, but has been re-designated as 'non-executive director' Oct 25, 2016
Supreme Court, vyapam scam

Supreme Court asks Reserve Bank to name big loan defaulters

The SC asked the RBI why it is against making names of 57 debtors, who have defaulted on repaying around Rs. 85,000 crore, public. Oct 25, 2016
India justice

Ensure robust justice delivery to achieve desired economic growth, says CJI TS Thakur

Speaking at a NITI Aayog conference, Justice Thakur said a better judicial system is deeply connected to India's economic growth. Oct 24, 2016
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