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retail ease of doing business gdri marks and spencer

Ease of doing business: India jumps 13 positions in one year to rank at second in 2016

The Global Retail Development Index (GRDI) 2016 places India at 2nd position in the list of 30 developing countries. Jun 6, 2016
IRCTC ticket sales online railway ticket sales Indian Railways

PM Modi 'unhappy' with 'blue-eyed boy' Suresh Prabhu over delays in redevelopment of stations, Rail University

Narendra Modi expressed unhappiness over little "visible progress" with regard to redeveloping railway stations, augmenting ad revenues. Jun 6, 2016
Indian civil aviation industry

Compensation for flight delays, cancellations may be doubled

In April, 1,149 passengers were denied boarding by the airlines and compensation worth of Rs. 40 lakh was paid to them. Jun 6, 2016
Saudi Arabia vision 2030

Saudi Arabia's reform plan 'Vision 2030' approved by economic council

Deputy Crown Prince Mohammed bin Salman will be put before the cabinet the Vision 2030 reforms plan for approval on Monday. Jun 6, 2016
China Financial District

China promises to improve laws, Govt services to boost private investment

China is counting on its private sector to invest more in the economy as the government tries to shift away from state-run heavy industry. Jun 5, 2016
Union Minister for Science & Technology and Earth Sciences Harsh Vardhan

India will double its investment in clean energy research in five years: Harsh Vardhan

The investment will go up from $72 million to $145 million in the next half decade, the minister said at a meet in the U.S. Jun 4, 2016
Narendra Modi Sheikh Hassina

India in talks with Bangladesh over developing Payra sea port

Bangladesh reportedly cancelled an agreement with China regarding the Payra port, and instead, was ready to hand it over to India. Jun 4, 2016

U.S. lawmakers probe Fed cyber breaches, cite 'serious concerns'

The House Committee on Science, Space and Technology sent a letter to Janet Yellen to express "serious concerns" over the central bank's ability to protect sensitive financial information. Jun 4, 2016
indian oil ioc petrol pump saudi aramco total bp

Saudi Aramco, Total, BP eye Indian fuel retail market

India's growing fuel consumption is making the country an attractive proposition for Saudi Aramco, Total and BP. Jun 3, 2016
GoAir

Here's what IATA said on global passenger demand, PLF, revenues for 2016

Passenger demand growth rate will be down to 6.2 percent, while cargo demand growth may be muted at 2.1 percent, y-o-y, said IATA. Jun 3, 2016

OPEC fails to agree on capping output

Tensions between Saudi Arabia and Iran had blighted several previous OPEC meetings. Jun 3, 2016

Sebi chief sells India story to Silicon Valley investors

Minority shareholders in India now have stronger rights than in the United States, Sebi chairman U.K. Sinha said. Jun 3, 2016
Britain and EU

Despite gloomy warnings for economy, UK voters seem to favour Brexit

A majority of British citizens favour Brexit despite a negative assessment of economic consequences by OECD and others. Jun 2, 2016
raghuram rajan second term india inc jaitley modi sub swamy controversy

CII supports second term for RBI Governor Raghuram Rajan

Naushad Forbes, president of the CII, said that Rajan's re-appointment will be seen as "positive" by industry. Jun 2, 2016

India seeking $56 billion investments in electronics sector by 2020

Due to increasing demand for hi-tech products, India needs to increase output in the electronic sector by $300 billion in the next four years. Jun 2, 2016
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