admin February 11, 2019

One of Europe’s traditional financial powerhouses Manchester United meet the nouveau riche Paris Saint-Germain as the Champions League last 16 gets underway on Tuesday with both sides hoping to finally reap some reward on the biggest stage from record levels of investment. Despite splashing hundreds of millions on new players since taking over in 2011, […]

admin February 11, 2019

India’s revised e-commerce rules caused widespread disruption on Amazon’s India website when they kicked in on Friday, forcing the company to take down its key grocery service and remove a wide range of products such as sunglasses and floor cleaners. The products began to disappear from Amazon India late on Thursday as it began complying […]

admin February 11, 2019

Venezuela’s most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation’s southern reaches. With the country’s economy in meltdown, an estimated 300,000 fortune hunters have descended on this mineral-rich jungle area to earn a living pulling gold-flecked earth from makeshift mines. Their picks […]

admin February 11, 2019

Nagaland is pristine and gorgeous. But one needs a strong heart and a much stronger back to enjoy the Himalayan state. The roads are dirt tracks and tourist facilities are non-existent. The infrastructure-deficit Himalayan state, however, is not a laggard on one count: toilet infrastructure, especially in its rural areas. Recently, rural Nagaland was declared […]

admin February 11, 2019

The Delhi Police had been pursuing the couple because they were proclaimed offenders in a case registered by the city police’s economic offences wing.(HT Photo used for representative purpose) A couple who are professional con artists and have scammed several persons and financial institutions of at least Rs 30 crore were arrested by Delhi police on […]

admin February 11, 2019

The northeastern states need to be more dependent on their own resources in future and these states, including Tripura, should attract private capital, said 15th Finance Commission chairman Nanda Kishore Singh on Thursday. He further added that sole dependency on the public outlay would extend the state’s debt and fiscal deficit profile. “The Government of […]

admin February 11, 2019

The Indian Navy and the Indian Air Force will not have funds to pay for platforms and equipment they have agreed to buy (or have actually bought) in the past years in the coming financial year 2019-2020, unless the government allocates more money to them. The Indian Army is better off, but in general the […]

admin February 11, 2019

Caught in the tight grip of debt, the Captain Amarinder Singh-led Congress government in Punjab is planning to seek a debt relief package from the 15th Finance Commission to come out of its financial difficulties. The debt issue will be taken by the state top brass led by the CM in its meetings with the […]

admin February 11, 2019

The Congress on Sunday accused the Comptroller and Auditor General (CAG) Rajiv Mehrishi of “conflict of interest” in auditing the Rafale jet deal. It said Mehrishi was the finance secretary from October 2014 to August 2015 when the decision to buy 36 Rafale jets was announced and a previous possible deal for 126 aircraft was […]