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India ranks low in Dell's women entrepreneur friendly cities: Report (23:22)
By Bhavana Akella
Toronto, July 16 (IANS) India's technology hub Bengaluru and capital New Delhi rank 40th and 49th respectively on a list of 50 women entrepreneur-friendly global cities, a report by American computer maker Dell Technologies said on Monday.

Technical problem hits MCX's trading system (23:18)
Mumbai, July 16 (IANS) Commodity trading bourse Multi Commodity Exchange of India (MCX) reported a technical problem with its trading system on late Monday evening.

BEL, Swedish Saab to market co-developed radars (23:18)
Bengaluru, July 16 (IANS) Indian defence PSU Bharat Electronics Ltd (BEL) and Swedish manufacturer Saab signed an agreement to market radars they co-developed for civilian and defence users, said the state-run firm on Monday.

Action on 'war footing' for conserving Taj Mahal: Government (22:52)IANS Photo Service
New Delhi, July 16 (IANS) After being rapped by the Supreme Court over the condition of the Taj Mahal, the government on Monday said that it will take action on "war footing" to deal with air and water pollution in and around the world-famous 17th-century Mughal monument.

M&A deals increase in H1 2018 to 235, worth over $65 bn: Report (22:48)
Mumbai, July 16 (IANS) Mergers and Acquisitions (M&A) in the country increased to 235 deals during the first half (H1) of 2018 from 198 deals reported for the corresponding period of last year, a report showed on Monday.

BEML, L&T to tap export market for defence products (22:36)
Bengaluru, July 16 (IANS) State-run Bharat Earth Movers Ltd (BEML) and Indian multinational Larson & Toubro Ltd (L&T) on Monday signed an agreement to jointly explore export markets for defence products and systems.

India's passenger aircraft fleet will double to 1,100 by 2027: Study (22:32)
Mumbai, July 16 (IANS) International aircraft leasing company Avolon has forecasted that Indias current passenger jet fleet will double to almost 1,100 by 2027.

Finance Commission may incentivise states for better population management (Lead) (22:10)IANS Photo Service
Kolkata, July 16 (IANS) The 15th Finance Commission's Chairman N. K. Singh on Monday said it may consider incentivising states which have made "good and rapid" progress in population management.

India invites investments from Omani companies (21:38)
New Delhi, July 16 (IANS) The Indian government on Monday invited Omani companies to invest in India and benefit from Make in India programme aimed to encourage manufacturing, an official statement said.

People are more important than industries, SC tells Centre (21:26)IANS Photo Service
New Delhi, July 16 (IANS) The Supreme Court on Monday, while taking into note of a report that 60,000 people have died due to pollution, told the Centre that "people are more important than industries".

Pakistani stocks nosedive after rupee slides against USD (21:22)IANS Photo Service
Islamabad, July 16 (IANS) The Pakistan Stock Exchange (PSX) fell sharply on Monday as investors resorted to panic selling after Pakistani rupee slumped to a record low against the US dollar in the money market, fanning concerns over the health of the country's economy.

IMF cuts India's growth projection, but it still retains world's top spot (Lead) (21:00)
By Arul LouisIANS Photo Service
United Nations, July 16 (IANS) The International Monetary Fund (IMF) cut India's growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday, although the country will still retain its top spot in the global growth league.

Jammu traders' body threatens agitation post Amarnath Yatra (21:00)IANS Photo Service
Srinagar, July 16 (IANS) Jammu Chamber of Commerce and Industry, an influential body of traders, on Monday threatened to launch an agitation after the ongoing Amarnath Yatra ends.

'India earned Rs 18,000 cr every year through Basmati exports' (20:58)IANS Photo Service
New Delhi, July 16 (IANS) India has earned over Rs 18,000 in foreign exchange every year from export of Pusa basmati 1121 rice variety, developed by Indian Council of Agricultural Research (ICAR), Agriculture Minister Radha Mohan Singh said on Monday.

India, Iran discuss boosting economic cooperation, connectivity (20:42)IANS Photo Service
New Delhi, July 16 (IANS) India and Iran on Monday discussed strengthening economic cooperation and enhancing connectivity during a delegation-level meeting between Foreign Secretary Vijay Gokhale and Iranian Deputy Foreign Minister Seyyed Abbas Araghchi here.

HC takes suo moto cognisance on waterlogging in Delhi (20:30)IANS Photo Service
New Delhi, July 16 (IANS) The Delhi High Court on Monday took suo moto cognisance of the water logging problem in Delhi and asked the state government, civic authorities and other to file response related to the issue.

High capex may boost Indian Oil's debt: Fitch (20:24)IANS Photo Service
Mumbai, July 16 (IANS) US agency Fitch Ratings on Monday said it expects state-run refiner Indian Oil Corporation's (IOC) net debt levels to increase due to its large capital expenditure and investment plans.

Special drive launched to process pending GST refunds (20:22)IANS Photo Service
New Delhi, July 16 (IANS) The government on Monday kicked off a special fortnight-long drive to facilitate pending GST refunds which will last till July 30.

Office space leasing in January-June up in metros: Report (19:48)
New Delhi, July 16 (IANS) Office leasing activity across India's nine major cities crossed 20 million square feet in the first half of 2018, recording an over 10 per cent growth compared to the same period of 2017, a CBRE report said on Monday.

ICICI Bank postpones AGM by over a month (19:40)IANS Photo Service
Mumbai, July 16 (IANS) Controversy-hit private lender ICICI Bank has postponed its annual general meeting (AGM) to September 12, 2018 from the earlier scheduled August 10.

Data belongs to individual users, says TRAI urging strong safeguards against misuse (19:40)IANS Photo Service
New Delhi, July 16 (IANS) The Telecom Regulatory Authority of India (TRAI) on Monday released the recommendations on "Privacy, Security and Ownership of Data in the Telecom Sector", where it has mentioned each user owns his/her personal information/ data collected by/stored with the entities in the digital ecosystem.

IMF cuts India's growth projection, but it still retains world's top spot (19:38)
By Arul LouisIANS Photo Service
United Nations, July 16 (IANS) The International Monetary Fund (IMF) cut India's growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday, although the country will still retain its top spot in the global growth league.

Finance Commission may incentivise states for better population management (19:32)IANS Photo Service
Kolkata, July 16 (IANS) The 15th Finance Commission Chairman N. K. Singh on Monday said it may consider incentivising states which have made "good and rapid" progress in population management.

Nation has accepted GST, says minister (19:30)IANS Photo Service
New Delhi, July 16 (IANS) Minister of State for Finance Shiv Pratap Shukla on Monday said the nation had accepted the Goods and Services Tax (GST) just one year after its implementation despite the initial reluctance due to its perceived complexity.

Global women entrepreneurs network at Dell summit in Toronto (19:28)
By Bhavana AkellaIANS Photo Service
Toronto, July 16 (IANS) American computer maker Dell Technologies' women entrepreneur network summit began here in the Canadian city on Monday with the participation of over 100 global women entrepreneurs, investors and technologists.

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