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  • BSE Institute announces launch of new zone for startups | The Financial Express
    participate in the startup India initiative through this venture This is a true nation building activity since in addition to providing a platform for budding startups we also contribute to job creation through the hundreds of jobs and internships at the startups that we are mentoring in our accelerator Ambarish Datta managing director and CEO BSE Institute said This momentous occasion also marked the completion of 2 years of successfully mentoring over 66 successful startups in India First Published on February 5 2016 4 09 pm Tags Startups Please Wait while comments are loading More on this story Digital India Startup India American firms asked to take advantage of PM Narendra Modi initiatives Merck Accelerator launches equity free accelerator programme for digital health in Nairobi Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at

    Original URL path: http://www.financialexpress.com/article/industry/companies/bse-institute-announces-launch-of-new-zone-for-startups/207705/ (2016-02-07)
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  • Arun Jaitley asks states to step up infra, social sector spending | The Financial Express
    to impose an additional burden of Rs 1 02 lakh crore in 2016 17 The new pay scales subject to acceptance by government will come into effect from January 1 2016 As far as central government is concerned we would like to cooperate with every state and as the growth of states increases the national growth will also increase Jaitley said in his opening remarks He also said that one of challenging area is agriculture which suffered in last two years due to inadequate monsoon During the meeting the states also demanded early release of the long pending compensation for phasing out of central sales tax CST and raising state s borrowing limit as per the recommendation of 14th Finance Commission First Published on February 6 2016 7 54 pm Tags Arun Jaitley Please Wait while comments are loading More on this story Open to idea of separate mechanism for broadcasting cases Arun Jaitley Union Budget 2016 17 to provide Rs 1 10 lakh crore for Pay panel OROP Foreign hand to aid Indian infrastructure upto 4 SWFs interested in NIIF stake Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM

    Original URL path: http://www.financialexpress.com/article/economy/arun-jaitley-asks-states-to-step-up-infra-social-sector-spending/208325/ (2016-02-07)
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  • Govt approves Rs 17,000 crore highways projects for 9 states | The Financial Express
    and Rs 813 crore Aligarh Muradabad stretch in Uttar Pradesh The other projects on EPC mode are Rs 1 070 crore end of Jalandhar bypass Hoshiarpur Punjab Himachal Pradesh border in Punjab and Rs 995 crore Karnataka AP border to Gooty section on NH 67 in Andhra Pradesh besides Rs 1 102 and Rs 491 crore projects in Maharashtra and Chhattisgarh respectively The only BOT build operate toll project pertains to Rs 1 280 crore Dhule to Aurangabad section of NH 211 in Maharashtra he said The remaining projects approved today are under the recently approved hybrid annuity mode in which the government will provide 40 per cent of the grants in aid The Cabinet had last month approved hybrid annuity model for building roads to fast track highway projects revive the Public Private Partnership PPP mode and attract more investments in the sector Under this model the government provides 40 per cent of the project cost to the developer while remaining 60 per cent investment has to be made by the developer Road Transport and Highways Minister Nitin Gadkari had recently said No one private players was ready to participate in the PPP based projects as they had lost faith in the previous government However to encourage private participation we have also introduced a hybrid model where we will share the risk with them The Secretary said that majority of land acquisition has been done for the projects and work will begin next week He added that most of the projects pertain to widening of roads that include four and six laning of National Highways The projects under hybrid annuity mode include Rs 549 and Rs 633 crore ring roads bypasses for Nagpur city Rs 829 crore Taleja to Mahuva section Rs 764 crore Mahuva to Kagavadar section Rs 719 crore Kagavadar to Una section and Rs 758 crore Una to Kodinar section in Gujarat First Published on February 5 2016 9 29 pm Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster

    Original URL path: http://www.financialexpress.com/article/economy/govt-approves-rs-17000-crore-highways-projects-for-9-states/207889/ (2016-02-07)
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  • Open to idea of separate mechanism for broadcasting cases: Arun Jaitley | The Financial Express
    authority Parts of the same issue or some part of the same cause of action are pending before one authority some parts would also be pending before courts said Jaitley Stressing that TDSAT has by and large functioned well he said the issues flagged by TDSAT chairman were a matter for consideration I will certainly bring in to his Telecom Minister Ravi Shankar Prasad notice that it will require some element of reconsideration what the alternate mechanism of dealing particularly relating to broadcasting because you feel it TDSAT is flooded with broadcasting disputes he said Last year there were 707 cases filed before TDSAT Of those 593 were related to broadcast sector and remaining 104 from telecom experience is if you leave it to the jurisdiction of civil court than probably the issues can get indefinitely delayed and therefore what that alternate mechanism could be has it to be some other mechanism under the TRAI Act etc which is to be created I am sure the government would always be willing to look at it so that the time and energy of TDSAT is really spent on larger commercial issues and issues relating to how the technology he said Later talking to reporters Justice Alam said when the TRAI bill was brought in Parliament simultaneously there was a broadcasting bill also The broadcasting bill did not make into a law There are issues that need to be addressed this Broadcasting is a very vibrant sector Everyday new challenges are coming up new issues are coming up debates are going on These issues will have to be addressed he added First Published on February 6 2016 2 57 pm Tags Arun Jaitley Telecom Please Wait while comments are loading More on this story Arun Jaitley asks states to step up infra social sector spending Telenor ups the ante on network quality Union Budget 2016 17 to provide Rs 1 10 lakh crore for Pay panel OROP Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at

    Original URL path: http://www.financialexpress.com/article/economy/open-to-idea-of-separate-mechanism-for-broadcasting-cases-arun-jaitley/208182/ (2016-02-07)
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  • Fattening MGNREGA is a national shame, not pride | The Financial Express
    the 10th year independent research evaluations equivocally report that despite implementation gaps the Mahatma Gandhi NREGA has continued to achieve several milestones in the collective Indian journey towards grounding the values of equality and social justice as enshrined in the Constitution of India Since the start of the scheme Rs 3 13 844 55 crore has been spent on it and of this 71 has been spent on wage payments to workers Just for the record here the mandate of the scheme has been to enhance livelihood security of rural households by providing at least 100 days of guaranteed wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work In case employment is not provided within 15 days from the date of registration of the demand for work or the date from which work has been demanded in case of advance applications whichever is later the worker is legally entitled to a daily unemployment allowance The central government bears the entire cost of wages of manual unskilled workers and 75 of the cost of material and wages of skilled and semi skilled workers the remaining part is borne by the states including the unemployment allowance At present 13 crore households have MGNREGA job cards with about 28 crore workers over the past 10 years 5 crore households have been provided employment every year and the average wage earned per beneficiary has gone up from Rs 65 per person day in 2006 to more than Rs 150 in different states now However India s big problem has been that of not enough jobs being created and though it is not a good idea to rely on MGNREGA for job creation even at its peak it created just 1 2 crore full time jobs based on 250 days of work per person per year just 2 3 of total employment in the country The real issue here is that the industry is not able to create the required number of jobs According to Crisil the employment elasticity of industry has fallen from 0 78 in 1999 2004 to 0 57 in 2004 11 This means government policy has to focus on stimulating employment intensive sectors If the situation remains the way it is today more people will have to rely on farm jobs Now should the government try to address this problem through MGNREGA instead of relying on generating more employment in manufacturing and services sectors Even if this might appear attractive politically it is a bad policy Going ahead however MGNREGA is all set to be made the core of all centrally sponsored schemes CSS The chief minster s panel of the NITI Aayog on restructuring of the CSS has suggested that social schemes in the National Development Agenda should be classified as Core and Optional The core schemes would have compulsory participation by states whereas amongst the optional schemes states will be allowed to choose some or all of them The core

    Original URL path: http://www.financialexpress.com/article/economy/fattening-mgnrega-is-a-national-shame-not-pride/207840/ (2016-02-07)
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  • Doubting India’s ‘fastest-growing’ GDP stats, economists devise their own | The Financial Express
    over whether to hike borrowing and spending to compensate for the sluggish private sector HEAT MAP By its own proprietary measure Ambit Capital estimates the economy may have grown an annualised 5 to 6 percent in the October December quarter India is not the fastest growing economy in the world said Ritika Mankar Mukherjee an Ambit economist in Mumbai No matter how you cut it while there are certain segments of the economy holding up such as IT or e commerce large parts of the economy are actually slowing down Economists have drawn on techniques used by colleagues covering China where GDP figures are widely suspected to have been smoothed for years by its communist rulers to underpin popular faith in their economic stewardship Ambit looks at criteria such as motor vehicle sales power demand and imports of capital goods to determine the real rate of expansion Meanwhile Citigroup has developed a heat map of 18 economic activities including two wheeler sales air traffic and diesel sales Downbeat assessments of growth would more closely correspond with trends under the old GDP calculation method that until a year ago showed India experiencing the longest spell of sub 5 percent growth in a quarter of a century The slowdown is especially pronounced in rural areas which have suffered two consecutive dry years Demand is very weak because farmers income has been squeezed by drought said a Mahindra and Mahindra tractor dealer in Aurangabad in the state of Maharashtra who reckons his sales are down more than 20 percent from a year ago Ashish Kumar who recently retired as the head of India s statistics office says economists are using the wrong gauges to understand data that measures value addition You have to understand that the new GDP data essentially captures efficiency he told Reuters Comparing it with volume based indicators would be a mistake RBI Governor Raghuram Rajan has also endorsed the new GDP readings saying sliding input costs are offsetting shrinking corporate revenues and inflating value addition Put more simply sales may be slow but profits are rising Still the statistics office is readying tools to better capture services sector data for GDP calculations and supplement it with employment generation data Once we have all these data points we will get a better picture said Kumar First Published on February 5 2016 6 22 pm Tags Indian Economy Please Wait while comments are loading More on this story Digital India Startup India American firms asked to take advantage of PM Narendra Modi initiatives Economic growth likely lost steam at end 2015 Poll Narendra Modi I was not supposed to get the opportunity to inaugurate this Rs 10 000 crore project Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV

    Original URL path: http://www.financialexpress.com/article/economy/doubting-indias-fastest-growing-gdp-stats-economists-devise-their-own/207753/ (2016-02-07)
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  • Arun Jaitley launches Finance ministry’s official YouTube channel | The Financial Express
    most of the activities are in public domain yet to make it easier for the world outside to know about the same this YouTube official channel of the Ministry would be a useful platform Finance Secretary Ratan P Watal Economic Affairs Secretary Shaktikanta Das and Revenue Secretary Hasmukh Adhia were also present on the occasion First Published on February 4 2016 9 14 pm Tags Arun Jaitley Please Wait while comments are loading More on this story Arun Jaitley asks states to step up infra social sector spending Open to idea of separate mechanism for broadcasting cases Arun Jaitley Union Budget 2016 17 to provide Rs 1 10 lakh crore for Pay panel OROP Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know

    Original URL path: http://www.financialexpress.com/article/industry/tech/arun-jaitley-launches-finance-ministrys-official-youtube-channel/207335/ (2016-02-07)
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  • Automotive News:Auto News,Car and Bike News,Automarket,Autonews | The Financial Express
    debut Vikas Yogi February 4 2016 12 37 PM Launched last year in its home market Korea Mahindra SsangYong Tivoli compact SUV today made its debut at the ongoing Auto Expo 2016 the Motor Show Mahindra XUV Aero will become basis for a future flagship SUV Auto Expo 2016 Vikas Yogi February 4 2016 4 49 PM Mahindra XUV Aero is a coupe inspired SUV concept that no other mass market carmaker has produced ever in India This derives its power from a 210bhp 2 2 litre mHawk diesel engine Auto Expo 2016 Day 2 Maruti Baleno RS Mahindra XUV Aero New Renault Duster AMT and more FE Online February 4 2016 5 43 PM Auto Expo 2016 Day 2 Day 2 of the Delhi Motor Show kicked off with the launch of commercial vehicles followed by some major launches in form of Ignis Crossover and Baleno RS from Maruti Mahindra XUV Aero concept Maruti unveils compact SUV Vitara Brezza Vikram Chaudhary and Shaikh Zoaib Saleem February 4 2016 7 12 AM Brezza is expected to be launched in April and will be available in a total of three trim levels and six variants Tata Motors showcases compact sedan Hexa and Nexon FE Bureau February 4 2016 7 15 AM Tata Motors on Wednesday showcased a sporty compact sedan code named Kite 5 the production ready sports utility vehicle SUV called Hexa in both automatic and manual variants and compact SUV named Nexon Honda launches crossover BR V FE Bureau February 4 2016 7 14 AM Japanese automobile manufacturer Honda on Wednesday launched the seven seater premium crossover vehicle named the BR V and reintroduced its flagship product the Accord sedan in the Auto Expo 2016 Both the BR V and Accord is set to be introduced in India this year Nissan promoting Datsun in tier 3 tier 4 markets Malyaban Ghosh February 4 2016 7 16 AM In order to penetrate the Indian market Nissan India has resorted to the strategy of promoting the Datsun brand in the tier 2 tier 3 and small towns while Nissan will be the brand for premium customers in the urban pockets of the country Shigan Group in pact with PNB for electric vehicles FE Bureau February 4 2016 12 30 AM Gurgaon based Shigan Group which manufactures and sells electric vehicles Green Rick and Green Cart has joined hands with Punjab National Bank and several other microfinance companies in a bid to provide financing options to its prospective customers Hero MotoCorp unveils four concept models FE Bureau February 4 2016 7 16 AM Two wheeler market leader Hero MotoCorp on Wednesday unveiled four concept models including an electric scooter and two premium bikes which will be brought to the market over the next few years Premium car makers bring in a waft of luxury Vikram Chaudhary and Shaikh Zoaib Saleem February 4 2016 7 17 AM Former Indian cricketer Sachin Tendulkar with BMW Group India president Philipp Von Sahr at the launch

    Original URL path: http://www.financialexpress.com/section/automobiles/ (2016-02-07)
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