Economy 14
Economic Survey: 5,151 smart city projects at various levels of execution
31 Jan 10:05 • 2 articles
Economic Survey: 5,151 smart city projects at various levels of execution
On Pradhan Mantri Awas Yojna-Urban (PMAY-U) programme, the Survey said the scheme was launched in June, 2015 to provide "pucca" house with basic amenities to all eligible urban poor
31 Jan 10:05 • Business-Standard • 1502508925267081650.htmlSmart City Mission: 5,151 projects at various stages of implementation, says Survey
Talking about achievements of 'Smart Cities Mission' (SCM), the Survey said all 100 cities under the mission have incorporated SPVs, City Level Advisory Forums (CLAFs) and appointed Project Management Consultants (PMCs). "Since the launch of the mission, 5,151 projects worth more than Rs 2 lakh crore are at various stages of implementation in the 100 cities," it added.
31 Jan 10:22 • The Economic Times • 7653256036807059560.htmlEconomic Survey calls for $1.4 trillion infra spending during FY2020-2025
31 Jan 08:50 • 2 articles
Economic Survey calls for $1.4 trillion infra spending during FY2020-2025
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Survey
31 Jan 08:50 • Business-Standard • 1502508925202264767.htmlEconomic Survey calls for USD 1.4 trillion spending on infrastructure
Finance minister notes that investment in infrastructure is necessary, as it affects the overall growth
31 Jan 13:41 • Deccan Chronicle • 7881006364036215582.htmlShares struggle for footing after virus-battered week
31 Jan 08:36 • 3 articles
Shares struggle for footing after virus-battered week
World share markets fought to regain their footing on Friday as investors clutched at hopes that China could contain the coronavirus, even as ...
31 Jan 08:36 • CNA • 5644198863768602214.htmlAsia shares try to rally after gut-wrenching week
Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, ...
31 Jan 08:36 • CNA • 5644198862701599993.htmlPremarket: World shares struggle for footing after virus-battered week
Oil and copper prices set for worst month since May
31 Jan 09:53 • The Globe and Mail • 68426410342690713.htmlPSU banks staff strike may affect branch, ATM services
31 Jan 09:54 • 4 articles
PSU banks staff strike may affect branch, ATM services
However, private sector lenders like ICICI Bank and HDFC Bank would be operational.
31 Jan 09:54 • Deccan Herald • 2027555797287015128.htmlPublic sector bank services hit as employees union go on 2-day strike
Bank strike: Services like cash deposit, withdrawal, cheque clearances, instrument issuance and loan disbursement of public sector banks are affected.
31 Jan 08:24 • The Indian Express • 2885715105136311152.htmlTwo-day PSU bank strike over wage revision impacts services across country
However, private sector lenders like ICICI Bank and HDFC Bank were operational.
31 Jan 11:37 • The New Indian Express • 4718288654263683171.htmlWork at state-owned banks affected as employee unions go on 3-day strike
Private sector lenders like ICICI Bank and HDFC Bank were working as usual.
31 Jan 09:32 • Business-Standard • 1502508925040804973.htmlEconomic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth
31 Jan 12:23 • 3 articles
Economic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects.
31 Jan 12:23 • India News, Breaking News, Entertainment News | India.com • 7150386082720564183.htmlEconomic Survey highlights: FY20 fiscal deficit target may need relaxation
GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca
31 Jan 08:39 • Business-Standard • 1502508925180612971.htmlEconomic survey predicts GDP to be between 6 and 6.5%, wants government to deliver expeditiously on reforms to revive growth
The Economic Survey 2019-20 tabled in the parliament on Friday predicted the GDP growth between 6% and 6.5% in the fiscal year starting 1 April.
31 Jan 10:24 • Janta Ka Reporter • 5554720207606452283.htmlSanders, Biden are neck-and-neck in new NBC/WSJ national poll
31 Jan 12:00 • 2 articles
Sanders, Biden are neck-and-neck in new NBC/WSJ national poll
The two Democratic presidential contenders are statistically tied but Sanders has an edge in loyalty of his supporters.
31 Jan 12:00 • euronews • 7318238122014553414.htmlBernie Sanders, Joe Biden in dead heat days before Iowa caucuses
Sanders’ single-point advantage, which is well within the poll’s plus or minus 4.74 percentage point margin of error, was the first time he came out on top in the survey.
31 Jan 17:06 • New York Post • 7654946768533498456.htmlSBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip
31 Jan 08:23 • 2 articles
SBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip
During the quarter under review, the bank's credit book grew 6.79% YoY to Rs 23.01 trillion, up from Rs 21.55 trillion. The retail loans have jumped 17.49% YoY, while corporate loans slipped 0.48%
31 Jan 08:23 • Business-Standard • 1502508926044612577.htmlSBI posts highest-ever quarterly profit of Rs 5,583 crore in Q3
SBI Q3 results: The bank's gross non-performing assets (NPAs) ratio declined to 6.94 per cent in Q3FY20 versus 8.71 per cent in the same quarter last year
31 Jan 09:26 • Business Today • 1145527432728297127.htmlCorporate tax cut to mostly benefit less than 1 pc of companies: Survey
31 Jan 14:34 • 2 articles
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey
The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.
31 Jan 14:34 • The Economic Times • 7653256037395194807.htmlCorporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
31 Jan 13:50 • Business-Standard • 1502508925903849140.htmlEconomic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2
31 Jan 11:10 • 2 articles
Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2
Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added
31 Jan 11:10 • Business-Standard • 1502508924814796848.htmlSales of over 1.7k listed manufacturing firms contracted by 7.7 per cent in Q2: Survey
The Survey, tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman said demand conditions for the manufacturing sector weakened in September quarter of 2019-20 with a contraction in nominal sales, citing RBI studies on corporate performance.
31 Jan 11:18 • The Economic Times • 7653256037629751889.htmlEconomic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
31 Jan 16:00 • 3 articles
Economic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.
31 Jan 16:00 • Deccan Herald • 2027555798019631872.htmlEconomic survey: Slowdown bottomed out, uptick from here onwards, says CEA
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21
31 Jan 10:30 • Business-Standard • 1502508926481144756.htmlSlowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser
The Economic Survey has projected the GDP to expand by 6-6.5 per cent
31 Jan 14:16 • Deccan Chronicle • 7881006363877281251.html'Feel good' Budget may see cut in tax rate, sops for social sectors
31 Jan 16:50 • 2 articles
'Feel good' Budget may see cut in tax rate, sops for social sectors
FM is expected to pull out all stops to spur demand and investment, govt sources and economists said.
31 Jan 16:50 • The Economic Times • 7653256037852024109.html'Feel good' Budget may see cut in tax rate, sops for social sectors
To cushion the impact on collections, these tweaks might be accompanied by rationalisation in tax rebates
31 Jan 15:45 • Business-Standard • 1502508924930422564.htmlSBI profit jumps 41 per cent to Rs 6,797 crore in Q3 on lower provisioning
31 Jan 10:58 • 2 articles
SBI profit jumps 41 per cent to Rs 6,797 crore in Q3 on lower provisioning
On a standalone basis, SBI's net profit jumped 41.2 per cent to Rs 5,583.36 crore in the third quarter of the current fiscal compared to Rs 3,954.81 crore during the corresponding October-December period in the same period a year ago.
31 Jan 10:58 • The Indian Express • 2885715104306221101.htmlSBI profit jumps 41% to ₹6,797crore in Q3 on lower provisioning
Consolidated income rose to ₹95,384.28 crore in the third quarter from ₹84,390.14 crore in October-December 2018-19, SBI said in a regulatory filing
31 Jan 09:10 • The Hindu • 6679535024890655647.htmlAmazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations
31 Jan 13:54 • 4 articles
Amazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $US1 trillion for the first time since July.
31 Jan 13:54 • Business Insider Australia • 5575934300018819827.htmlAmazon blows past a $1 trillion valuation after topping analysts' earnings expectations (AMZN)
Amazon shares soared as much as 11% in early Friday trading, driving the company's market valuation above $1 trillion for the first time since J...
31 Jan 08:57 • Business Insider • 3364799147198604059.htmlAmazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations, Business Insider - Business Insider Singapore
Business Insider - The company previously touted $1 trillion valuations in September 2018 and July 2019, though the milestones were quickly lost as shares tumbled.. Read more at businessinsider.sg
31 Jan 13:54 • www.businessinsider.sg • 5090408755674858227.htmlAmazon set to blow past a $1 trillion valuation after topping analysts’ earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $1 trillion for the first time since July.
31 Jan 13:54 • Business Insider Malaysia • 8325046882259288819.htmlAmazon lifts profit in Q4 despite weak international ops, sees mixed Q1
31 Jan 09:30 • 2 articles
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1
Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.
31 Jan 09:30 • Telecompaper • 8935968126591116.htmlAmazon lifts profit in Q4 despite weak international ops, sees mixed Q1
Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.
31 Jan 09:30 • Telecompaper • 8935968947800813.html