A patent application takes, on average, six years to get approved in India, according to an IndiaSpend analysis of 68,000 patents granted over the past 10 years, a process that threatens the innovation required for
New Delhi: Two crucial data released by the government this week do not offer a very encouraging picture of the India economy. Data released for the annual wholesale inflation rate show an upward movement to
Washington: Citing how India increased access and reduced corruption in public services by providing unique digital identification to one billion people in five years, the World Bank says digital technologies can promote inclusion, efficiency, and
New Delhi: Asserting that economic growth was moving in the right direction, Finance Minister Arun Jaitley on Wednesday said the pace of growth would gather momentum in the coming quarters."We have achieved macro stability but
New Delhi: Reserve Bank of India Governor Raghuram Rajan on Wednesday said the central bank will carefully look into the latest data on industrial production, which registered the sharpest decline in 4 years at 3.2
New Delhi: Government on Wednesday decided to set up a high-powered panel headed by Cabinet Secretary PK Sinha to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of
New Delhi: With the government expecting rise in Foreign Direct Investment (FDI) inflow, external intelligence agency RAW has been asked to look into suspicious transactions amid reports that black money may be pumped into the
Mumbai: The Reserve Bank of India (RBI) does not have a clear guideline regarding the printing of different titles on the currency note of Re 1 and that of other denominations, reply to an RTI
New Delhi: Finance Ministry has rejected the request of Railways for Rs 32,000 crore as revenue grant, sought to tide over the impending impact of the 7th Pay Commission recommendations on the public transporter.In a
Visakhapatnam: Union Finance Minister Arun Jaitley on Sunday said the Narendra Modi government would continue with the economic reforms with single-minded focus.Addressing the CII partnership summit in this coastal city in Andhra Pradesh, he said
New Delhi: In one of the largest-ever pilot recruitment drives, state-run Air India will hire over 500 type-rated pilots on contract basis for the carrier's narrow-body fleet, which is expected to grow to about 80
Despite the crash in the global prices of crude oil, the consumers are being denied a decent and deserving cut in their transport fuel bills with the government and oil retailers preferring to pocket the
Visakhapatnam: Expanding his defence sector play, Reliance Group Chairman Anil Ambani on Sunday announced setting up of a new naval shipbuilding facility with an initial investment of Rs 5,000 crore.The facility, to be set up
New Delhi: Former Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and four others have been named in a chargesheet by the Enforcement Directorate in a special court in the Aircel-Maxis deal-related money laundering case.Dayanidhi,
Bhubaneswar: The non-passage of GST bill will be a blow to the Indian democracy, economy and the overall development process, Union Minister of State for Finance Jayant Sinha has said."We are very desirous to get
Kolkata: Stating that 2016 has started on a challenging note for the world, union Finance Minister Arun Jaitley on Friday said economic volatility manifested in the oil price collapse and the Chinese crisis have become
Kolkata: Delhi Chief Minister Arvind Kejriwal believes that doing business in India is very difficult because one needs to bribe officials to get work done. “The more I get deeper into governance, I realise how difficult
Washington: A scary sell-off in Chinese stocks is magnifying concerns about the health of the world's second-biggest economy.The Shanghai Composite Index on Thursday tumbled 7 percent in 30 minutes before trading was suspended. The damage
United Nations: India remains the global growth champion with its economy set to increase by 7.8 percent in the new year although a World Bank report released Thursday cut it from the 7.9 projected last
New Delhi: RBI Governor Raghuram Rajan has said there is need to avoid beggar-thy-neighbour policies and sustained exchange-rate intervention that primarily induce capital outflows and competitive currency devaluations."In an ideal world, the political imperative for
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