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Weakest eurozone economies on long road to recovery

Prime minister Mariano Rajoy has made it easier for Spanish firms to sack employees. Photograph: Albert Gea/Reuters Jean-Claude Juncker’s hailing of Europe’s economic recovery came in terms that would have been unimaginable at the height of the eurozone debt crisis in 2010. Back then, the focus of concern was on a handful of countries that ultimately required bailouts – Greece, Portugal and Ireland ... Read More »

SICCI holds session on business opportunities in South Africa

(from left) R Ganapathi, Senior Vice President, SICCI; Ben Joubert, Deputy High Commissioner of South Africa to India and MM Murugappan, Vice Chairman, Murugappa Group and Honorary Consul of South Africa in Chennai at an interactive session on ‘Doing Business with South Africa’, in Chennai on Monday. – Bijoy Ghosh CHENNAI, SEPTEMBER 11:   To enhance business cooperation between India and ... Read More »

Focus on cleaning bank books, rather than mergers: Raghuram Rajan

In an interview, former RBI Governor Raghuram Rajan elaborates on his stint and nuances of monetary policy Former RBI governor, Raghuram Rajan’s latest book, I Do What I Do: On Reform, Rhetoric and Resolve, was launched on Tuesday. Ahead of the launch he spoke to BusinessLine on a wide range of subjects from tackling the NPA mess and independence of the RBI to ... Read More »

Bajaj Finance trades higher on fund raising through QIP

Bajaj Finance was trading at 1,808.55 per share, up by Rs 14.15 per share or 0.79% as of 1041 hours. The stock attracted a total traded volume of 4,51,632 shares and traded value of Rs 81.39 crore on NSE. The stock was outperforming the Bank Nifty index in the morning hours on Wednesday. Bajaj Finance on Tuesday has launched a qualified ... Read More »

The economy is not strong, wages remain weak, and rates will stay on hold

The annual growth rate is still well below par, despite what Scott Morrison says. If Treasurer Scott Morrison really thinks the latest report on the health of the Australian economy represents a “strong set of numbers”, it will be interesting to see what sort of adjectives he comes up with to describe them when they really are strong. The economy is not ... Read More »

Sensex Rises Over 200 Points On GST Boost, Global Rebound

Indian equity markets rebounded on Wednesday tracking positive global markets which rose as concerns about North Korea’s firing of a missile over Japan ebbed. The Sensex gained as much as 235 points to 31,624 while the NSE benchmark Nifty rose as much as 80 points to trade firm above the 9,850 level. Meanwhile, markets also got a boost from GST ... Read More »

Experts Views On GDP Numbers In June Quarter

Mumbai: India’s economy grew a much slower-than-expected 5.7 percent in the three months through June from a year earlier, down from a provisional 6.1 percent in the previous quarter, government data showed on Thursday. Analysts polled by Reuters had forecast annual growth of 6.6 percent in the quarter. COMMENTS: ABHISHEK UPADHYAY, ECONOMIST, ICICI SECURITIES PRIMARY DEALERSHIP LTD, MUMBAI “The outturn ... Read More »

Justin MacDonald on African Leadership University: Using Marketing Automation to Change a Narrative at Scale

Earlier this year at InfusionSoft’s ICON 2017 conference, I had the opportunity to speak with Justin MacDonald, who at the time led the marketing effort for African Leadership University, dubbed by CNN as the Harvard of Africa. Using Marketing Automation to Scale Justin shares how ALU is using marketing automation to scale their marketing efforts to reach their goal of creating three million ... Read More »

Government to sell 5% in NTPC at Rs 168/share on tomorrow

The government will sell 5 per cent stake in the country’s largest power producer NTPC at Rs 168 per share to raise about Rs 7,000 crore. The share sale through an offer for sale (OFS) will happen over two days beginning on Tuesday, an official said here. NTPC shares closed 2.5 per cent higher on the BSE at Rs 173.55 apiece ... Read More »

Raghuram Rajan Pens Book On RBI Stint In ‘Turbulent Times’

New Delhi: Raghuram Rajan explains economic concepts and talks of issues like tolerance and connection between political freedom and prosperity in his new book, which is a collection of essays and speeches during his stint as RBI head. When Rajan took charge as governor of the Reserve Bank of India in September 2013, the rupee was in free fall, inflation ... Read More »