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13 October, 2017 4:16 PM Exports jump 25.67% in Sept; trade deficit narrows to 7-month low

New Delhi: India's exports recorded a robust growth of 25.67 percent to USD 28.61 billion in September, mainly on account of rise in shipments of engineering, chemicals, and petroleum products, government data showed on Friday. Imports too rose by 18.09 percent to USD 37.59 billion in September from USD 31.83 billion in the year-ago month, according 61

13 October, 2017 3:30 PM Airports need up to $45 bn investment by 2030: CAPA

Spending required to lift capacity by 600 mn passengers As most Indian airports head towards saturation in passenger-handling capacity, the Centre for Asia Pacific Aviation (CAPA) said India needs up to $45 billion investment in 55 airports to boost capacity by 2030. “India will need to construct an additional 500 to 600 million of capacity by 2030. This will require 48

13 October, 2017 1:47 PM Export soars 25.67% to $28.61 billion in Sep

India's export soared by 25.67 per cent to USD 28.61 billion in September on the back of rise in shipments of chemicals, petroleum and engineering products, official data released today showed. Import too rose by 18.09 per cent to USD 37.6 billion in September from USD 31.83 billion in the year-ago month, according to the data released by the commerce 38

13 October, 2017 4:45 AM Tata's 'Debt-Free, Cash-Free' Merger With Airtel: The Shakeout Spreads

Bharti Airtel Ltd. agreed to absorb Tata Group's mobile-phone business in the latest merger shaking up one of the world's most crowded wireless markets. Under the agreement, India's largest mobile-phone operator will get Tata Teleservices Ltd.'s airwaves and 40 million customers, Bharti said in an emailed statement on Thursday. Tata will settle past liabilities 73

12 October, 2017 4:54 AM Reliance Nippon Life AMC IPO seeks to raise up to $237 million

Reliance Nippon Life Asset Management Ltd's initial public offering, the first by an Indian mutual fund manager, seeks to raise up to 15.42 billion rupees (USD 236.7 million) with the company on Thursday setting a price range of 247-252 rupees per share. The offer by the manager of India's third-biggest mutual fund by assets under management, which will run from October 52

12 October, 2017 3:24 AM It takes two to tango: Pak army chief on peace with 'belligerent' India

New Delhi/Karachi: Pakistan has shown "genuine desire" to have peaceful relations with its "belligerent" neighbour India but it takes two to tango, the country's army chief General Qamar Javed Bajwa said on Wednesday. Speaking at a seminar in Karachi on 'Interplay of Economy and Security', Gen Bajwa also said that Pakistan needed a comprehensive effort 74

12 October, 2017 1:50 AM PM Narendra Modi facing backlash as discontent over India's slowdown deepens

For the first time in his three-and-a-half year rule, Prime Minister Narendra Modi is facing sustained discontent over his economic policies as growth slows, job losses mount and distressed farmers protest. Four senior members of Modi’s Bharatiya Janata Party have hit out at the government, emboldening the country’s weak opposition and challenging the previously 61

11 October, 2017 6:36 PM We want peace with India but it takes two to tango: Pakistan Army chief

General Qamar Javed Bajwa says belligerent India and an unstable Afghanistan is keeping the region captive. Karachi: Pakistan has shown "genuine desire" to have peaceful relations with its "belligerent" neighbour India but it takes two to tango, the country's Army chief General Qamar Javed Bajwa said on Wednesday. Speaking at a seminar here on 'Interplay 63

11 October, 2017 5:02 PM Want Peaceful Relations With 'Belligerent' India, Says Pakistan Army Chief

Pakistan's Army chief General Qamar Javed Bajwa said the country is making efforts to pacify the western border through a multitude of diplomatic, military and economic initiative Karachi: Pakistan has shown "genuine desire" to have peaceful relations with its "belligerent" neighbour India but it takes "two to tango", Pakistan's Army chief General Qamar 60

11 October, 2017 7:14 AM As India's smaller firms struggle, PM Modi faces stimulus dilemma

NEW DELHI/MUMBAI: India's festive season should be a time of celebration for textiles businessman Habib Ansari, who usually spends October counting a boom in profits from supplying retailers ahead of a month of peak shopping. This year Ansari is grappling with losses, and blames a 50 percent drop in sales in the last three months on confusion wrought 87