Page 1025 - Business Finance
Magnani 1404 brings revolution in Indian premium paper market
Magnani 1404, a quintessential luxury paper, enters the Indian market with its exhibition at India Art Fair 2019 held recently in the national capital. Magnani 1404 is a six-hundred-year-old mill in Italy producing papers for the fine arts, which offers rich quality paper guaranteeing the highest standards. It is available in a versatile range of sizes and in unique square, round and landscape forms.The brand is stepping into the Indian market with a tie-up with Sona Papers, one of the biggest paper merchant in India. Being an Italian brand, the papers will be manufactured in Italy only whereas, it's distribution throughout India will be done by Sona Papers; the brand which is already known for its premium range of fine paper in India which merges with diverse creative needs.Speaking at the occasion, Mr. Raju Suneja, Director of Sona Papers and official spokesperson of Magnani 1404 in India said, "We are really excited about Magnani 1404's venture into the Indian market. As India is ..
Rajasthan Staff Selection Board postpones exams scheduled for February 10
The Rajasthan Staff Selection Board (RSSB) on Saturday postponed the Agricultural Supervisor Direct Recruitment-2018 examination which was scheduled to be held on February 10 in Jaipur and Kota.In a statement, RSSB said: "The examination dates were postponed due to unavoidable circumstances. Candidates are advised to keep checking the official website, that is, rsmssb.rajasthan.gov.in for any latest updates."The Board, however, is yet to give out clarification for its sudden decision to postpone the scheduled examinations. The RSSB has said that new dates for examinations would soon be announced.RSSB has also said the examination for the recruitment of Supervisor (Angandwadi workers) which was scheduled to be held in Ajmer on February 10 stands postponed.
Dutch government says in talks with 250 companies about Brexit move
AMSTERDAM (Reuters) - The Dutch government said on Saturday it was in talks with 250 companies about moving operations to the Netherlands from Britain ahead of Britain's exit from the European Union, scheduled for March 29.
Modi's farm income scheme a whimper, not a trump card: Chidambaram
Former Finance Minister P. Chidambaram calls the direct income support scheme in the Interim Budget a "whimper" instead of being a trump card that leaves out an overwhelming majority of the poor and benefits only the land-owner class.
IMF chief warns of high Arab public debt
Public debt has rapidly increased in many Arab countries since the 2008 global financial crisis, due to persistently high budget deficits, the International Monetary Fund warned Saturday. "Unfortunately, the region has yet to fully recover from the global financial crisis and other big economic dislocations over the past decade," IMF Managing Director Christine Lagarde said. "Among oil importers, (economic) growth has picked up, but it is still below pre-crisis levels," she told the Arab Fiscal Forum in Dubai. Lagarde said public debt among Arab oil importing nations had increased from 64 percent to 85 percent of Gross Domestic Product in the decade since 2008. Nearly half of these countries now have public debt of over 90 percent of GDP, she said. Public debt among oil exporters -- including the six-nation Gulf Cooperation Council -- rose from 13 percent of GDP to 33 percent of GDP, accelerated by the crash in oil prices around five years ago, Lagarde said. "The oil exporters have ..
KMC Speciality Hospitals (India) CFO resigns
With effect from 31 March 2019
Board of Kilburn Chemicals considers restructuring of debt and strategic investors
At meeting held on 09 February 2019
Pakistan cuts 2017/18 economic growth estimate to 5.2 percent
ISLAMABAD (Reuters) - Pakistan has revised its economic growth figures for the last financial year to 5.2 percent from a previously reported figure of 5.8 percent, after a sharp cut in the figure for large-scale manufacturing, the statistics office said.
IMF Lagarde says oil exporters have not fully recovered from oil shock, cautions against 'white elephant projects'
DUBAI (Reuters) - Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the IMF said on Saturday, and she cautioned against spending money on "white elephant projects".
China's Hebei province to offer financial incentives to firms seeking IPOs - paper
BEIJING (Reuters) - China's northern Hebei province will offer financial incentives to companies seeking to raise capital in equity markets, state media reported, in a move coinciding with a renewed push to kickstart financing for projects in the region.
WORKTECH Hosts its First Conference in India - WORKTECH19 Bengaluru
/ -- The conference was attended by 250 senior-level professionals from top brands across diverse sectors like CRE, IT and facilities, project management, architecture & design community, among others After a successful run across the world, WORKTECH concluded its maiden conference in India with WORKTECH19 Bengaluru. The conference brought together eminent leaders from across the world to explore and debate on the workplace of tomorrow and the new trends & technologies that are revolutionising the work culture. The event featured experts like Philip Ross, Futurologist & CEO, Cordless Group & UNWORK, Neil Salton, Managing Director, ChangeWorq, Geetha Adinarayan, Executive IT Architect, IBM Watson Internet of Things, IBM Labs; Ulrich Blum, Associate, Zaha Hadid Architects; Praveen Vasudeva , Director, Workplace Resources, CISCO, Anurag Mathur, CEO, SAVILLS, among others. The event discussed the changing face of work and workplace, the future of data-led workspace ...
Wall Street ends mixed amid trade worries
US stocks ended mixed as concerns over trade uncertainties and global economic slowdown lingered, capping market gains.
Fiscal performance of Odisha starts with growth note
Odisha's fiscal performance in last quarter of 2018-19 started with growth in both its major components of revenue generation and utilisation of budgeted allocation, informed officials on Friday.This was known from all secretaries meeting held under the chairmanship of Chief Secretary Aditya Prasad Padhi.Reviewing fiscal performances of various departments up to January 2019, Chief Secretary Padhi directed departments to focus on the accomplishment of sustainable development targets (SDGs).The Secretaries of different departments were advised to monitor the implementation of priority action points and update the respective portals accordingly. Principal Secretary Finance Ashok Kumar Meena appraised that the budget utilisation by end of January for current fiscal has grown around 19 per cent over the corresponding period of last fiscal year with actual spending of Rs. 79,058 crore.The expenditure in social sector has been around Rs. 36,021 crore marking more than 30 per cent growth ...
S&P, Nasdaq edge higher as earnings offset trade fears
NEW YORK (Reuters) - The benchmark S&P 500 index and the Nasdaq edged upward to snap a two-day losing streak on Friday as positive corporate results offset lingering scepticism over the United States and China reaching a trade deal before the March 1 deadline.
Trump official slams cartels as U.S. lawmakers push anti-OPEC bill
WASHINGTON (Reuters) - A senior administration official said on Friday that U.S. national security depends on affordable energy, and slammed cartels when asked if President Donald Trump would support a bill targeting the OPEC production group's oil supply cuts.
Global Markets: World stocks post weekly loss; dollar keeps strengthening
NEW YORK (Reuters) - A gauge of global stocks fell for a third consecutive day on Friday amid uncertainty about global economic growth and trade tensions, posting its first weekly drop this year, while the U.S. dollar tallied its strongest week since August.
Oil futures edge up, end the week lower on slowdown fears
NEW YORK (Reuters) - Oil futures edged higher on Friday but ended the week with a loss on renewed concerns about slowing global demand and after the dollar posted its best week in six months.
Exclusive: Brazil soy farmers say Bayer violating court ruling in patent dispute
SAO PAULO (Reuters) - Germany's Bayer AG is in violation of a Brazilian court order obliging it to deposit in escrow royalties paid by Mato Grosso state farmers for its Intacta RR2 Pro soy seed technology, farmers claimed on Friday.
Persisting trade worries send Wall Street lower
NEW YORK (Reuters) - The benchmark S&P 500 index fell for a third straight day on Friday as scepticism over the United States and China reaching a trade deal before a looming deadline added to concerns over slowing global growth.