Economy : Articles

Newsclick Report
Forensic Audit Unearths Loopholes in IL&FS Books: Report
18 May 2019
Grant Thornton found numerous instances of loan evergreening and loan disbursal without securities among others.
PTI
India to Import Oil From US, Saudi to Make up For Iran Shortfall
17 May 2019
India will buy 3 mt crude from Norwegian firm Equinor and 1.6 mt from Algerian national oil company Sonatrach, both which produce crude oil in the US.
Sumedha Pal
Aviva Insurance Allegedly Bribed Punjab & Sind Bank Officials to Sell Off Insurance Products
17 May 2019
Following the bancassurance policy, the Punjab & Sind Bank allegedly became the corporate agent of Aviva for a fee or a commission which was supposed to be a part of the “non fund income” of the…
PTI
Export Growth Plunges to 4-Month Low in April
15 May 2019
Trade deficit at 5-month high, imports increase by 4.5% at 6-month high.
Sachin C S
Pinarayi Vijayan Reveals Kerala Model of Inclusive Policies in Reconstruction.
15 May 2019
The Kerala CM was an invitee to the World Reconstruction Conference held at Geneva which focussed on identifying effective ways to ensure inclusive recovery and reconstruction process in the…
PTI
Shut Since Kumbh, Kanpur Tannery Owners Still Await Orders to Reopen
15 May 2019
The tannery industry says the uncertainty has led to importers moving to other markets in Pakistan, Bangladesh and Vietnam.
M.K. Bhadrakumar
India’s Betrayal of Iran is Only the Beginning
15 May 2019
The running theme is that India’s strategic ties with Iran, Russia and China are challenged by Washington. Are the ruling elites so thoroughly compromised with the Americans?
AFP
Saudi Arabia Shuts Main Oil Pipeline After ‘Huthi Drone Attacks’
14 May 2019
The 1,200-km pipeline reportedly hit Tuesday serves as an alternative for Saudi crude exports if the strategically vital Strait of Hormuz were to be closed.
Newsclick Report
IBM sacks 300 Employees From Services Division: Report
14 May 2019
Global IT major says it is “reinventing” itself, even as a probe last year found a trend of ‘senior’ staff firings and ‘re-hiring at lower pay and no benefits’.
Abdul Rahman
With Fresh Round of Tariffs, US-China Trade War Intensifies
14 May 2019
After the Donald Trump administration imposed tariffs on USD 200 billion dollars worth of goods, China retaliated by imposing tariffs on USD 60 billion worth of US goods.