Economy and Policy

  • An employee of a money changer holds a stack of U.S. Dollar notes before giving it to a customer in Jakarta

    The U.S. dollar fell sharply on Tuesday to its lowest level in nearly four months, as measured by an index of major currencies, with fears of a global economic slowdown pushing investors into safe-haven currencies like the Japanese yen and Swiss franc. The U.S. dollar index (.DXY), which measures the greenback against …

  • File photo of an employee arranging gold jewellery in the counter as her arm is reflected in the mirror at a gold shop in Wuhan

    NEW YORK/LONDON (Reuters) - Gold turned higher on Tuesday but hovered beneath the previous session's 7-1/2-month high of $1,200 an ounce, buoyed by risk aversion as equities remained volatile and the dollar extended losses. Analysts said the metal looked overbought and fell short of testing key psychological resistance …

  • It was only equipment company in the event who got these awards

  • Budget 2016: Session may pass just Budgets, forget reform Bills

     Budget 2016: Thanks to the assembly elections in 4 major states in coming months, including Assam and West Bengal, and indications of the hardening of stance by the Congress party, passage of the GST and other reform Bills needs a miracle now to see the light of the day. The hopes of a possible understanding between the …

  • Guwahati, Feb 9 (IANS) Petroleum and Natural Gas Minister Dharmendra Pradhan said on Tuesday that his ministry has proposed investment of Rs.130,000 crore in 15 years to ramp up hydrocarbon production in northeast India. "Every year an amount of Rs.10,000 crore will be invested. Around Rs.80,000 crore will be required …

  • Manipal Hospitals has announced the appointment of Dr Nagendra Swamy as the Group Medical Director of Manipal Hospitals. In his new role, Dr Swamy will represent the interests of clinicians and the clinical activities of the organisation. In addition to this new role, Dr Swamy will continue to be responsible as Chairman …

  • Strategies to foray into healthcare IT The Financial Express - 5 hours ago
    Strategies to foray into healthcare IT

    Healthcare industry is considered ever green and healthcare IT has attracted the attention of global players for investments. Healthcare IT organisations have to cope with transforming business model while adhering to strict regulatory demands of the industry. According to industry estimates, the global healthcare spending …

  • Dr Mahesh Sharma, minister of state for tourism and culture has launched the “24x7 Toll Free Tourist Infoline" in 12 international languages including Hindi and English, as stated by a PIB release. The service is available on the existing toll free number 1800111363 or on a short code 1363. This project is being implemented …

  • Bhubaneswar, Feb 9 (IANS) The expenditure in priority sectors of the Odisha state plan during 2015-16 financial year crossed 60 percent by the end of January, recording an overall growth of around 29.78 percent over the last fiscal. In tune with the expenditure, the revenue collection has also shown a growth of around …

  • The Ministry of Health & Family Welfare, Government of India announced the pan-India rollout of National Deworming Day. National Deworming Day is a nation-wide, preschool (anganwadi) and school-based deworming effort that will be observed across India on February 10, 2016 to deworm all children at risk of worm infection. …

  • ‘The health insurance sector will grow at 20 per cent YoY going forward’

    Health insurance has emerged as a significant financing mechanism for healthcare. How has healthcare insurance evolved over the years and what are the trends in 2016? Healthcare insurance has a history of almost 30 years in this country and it has evolved in a very big way.

  • A customer tries a gold necklace at a jewellery showroom on the occasion of Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, at a market in Mumbai

    Indian gold traders say they are struggling to draw buyers despite offering record discounts over rallying international prices, as consumers wait to see if rates can fall further after the federal budget this month. The bullion industry expects the government to cut the record 10 percent import duty on gold in the annual …

  • Lessons from humanitarian emergencies The Financial Express - 7 hours ago
    Lessons from humanitarian emergencies

    Natural disasters affecting India is not something new. India has been relying on the goodwill of the private sector organisations and registered humanitarian organisations to manage mass casualties, provide medical relief and establish rehabilitation wherever needed during any disaster.

  • In a stock exchange filing, the company reported a net profit of Rs.664.26 crore in the quarter in consideration, which was 9.96 percent higher than the Rs.604.08 crore profit after tax posted in the same period a year ago. GAIL revenues fell by over 10 percent to Rs.13,451.58 crore in the October-December quarter, compared …

  • Stating this at a seminar here on Tuesday, R.S. Sharma, chairman of the Telecom Regulatory Authority of India (TRAI) said the watchdog will also take "appropriate action" after analysing the data of the recent test drives. During the last test-drive -- aimed at improving call quality and reducing call drops -- by the regulator …

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