Arun Jaitley pitches India story, finds takers in fund managers
NEW DELHI: Asserting that India’s macroeconomic parameters are sound, Finance Minister Arun Jaitley on Monday said that foreign investors are looking for alternatives to China when it comes to manufacturing, and are keen that the reforms process in India is not derailed. Fund managers remain... read more »
AP targets double digit growth in 2015-16: CM
VIJAYAWADA: Andhra Pradesh chief minister N Chandrababu Naidu on Friday said the state is targeting a double digit growth in Gross State Domestic Product (GSDP) in 2015-16 financial year. “Our vision is double digit GSDP growth in the current financial year, Swacha Andrha Pradesh and fight... read more »
To clear Rs 14,000 cr dues to farmers, govt wants mills to export 4 mn t su...
New Delhi – Aiming to clear cane arrears worth about Rs 14,000 crore to farmers, the Centre today directed cash-starved mills to compulsorily export 4 million tonnes of sugar in the 2015-16 marketing year, beginning next month. Industry body ISMA, however, said market sentiments should... read more »
Uber’s China rival Didi Kuaidi may join Ola fundraising
MUMBAI: The Uber vs Ola war is about to get more intense, and maybe even spill beyond the streets of India. Didi Kuaidi, China’s largest taxi-aggregator app, which is backed by Alibaba, the internet behemoth, is learnt to be investing in homegrown Ola, giving both players greater firepower to... read more »