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Facing Donald Trump's tariffs, some companies move, change or wait

Some are moving factories out of China. Others are strategically redesigning products. Some are seeking loopholes in trade law or even mislabeling where their goods originate — all with the goal of evading President Donald Trump’s sweeping tariffs on goods from China. 19 more words

First Indian cargo ship from Bhutan arrives in Bangladesh via India

An inaugural ceremony held at Narayanganj city near here on Thursday, Indian High Commissioner to Bangladesh Riva Ganguly Das, Ambassador of Bhutan to Bangladesh Sonam T Rabgye and vice-chairman of Bashundhara Group Safwan Sobhan received the first-ever consignment through the Indo-Bangladesh Protocol Route, the Indian high commission here said in a statement. 19 more words

TIME TO ADD GOLD AND REAL ESTATE TO PORTFOLIO

TIME TO ADD GOLD AND REAL ESTATE TO PORTFOLIO.

Approximately 13 trillion dollars’ worth of investors’ money is held in zero or below-zero interest-rate-earning debt.  The owners of these bonds have parked capital as they feel these are “safe” place to hide.   640 more words

Equity

Government seeks explanation from IndiGo on Gangwal's complaint

The government has sought explanations from InterGlobe Aviation on allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal. In a filing to the stock exchanges, the company on Thursday said it received a communication on Wednesday from the ministry of corporate affairs (MCA) regarding the complaint. 19 more words

Fuel scare: DGCA allows grounded Vistara pilots to fly again

The aviation regulator on Thursday lifted its grounding order for the two Vistara pilots who landed a Mumbai-Delhi flight in Lucknow after declaring a fuel May Day this Monday. 73 more words

Budget proposals aimed at improving ease of living: Nirmala Sitharaman

Finance minister Nirmala Sitharaman on Thursday said that the tax proposals in the Finance Bill 2019 are aimed at improving the ease of living and reducing pain of the citizens. 44 more words

Premji-backed Icertis is India’s newest unicorn

Icertis, an Indo-US contract management software maker, has emerged as the latest software-as-a-service (SaaS) unicorn, joining the likes of Freshworks and Druva. Based out of Pune and Seattle, Icertis has raised $115 million (close to Rs 790 crore) in a new financing round led by the US-based venture capital firm Greycroft and PremjiInvest (the family office of Wipro executive chairman Azim Premji). 19 more words