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The Dollar Business

India's exports grow at 17.4% last month; imports surge 21.7% - 0 views

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    India's exports grew consecutively for the 6th month, as the month of February 2017 posted a 17.48% year on year growth in exports. Total exports for the month stood at $24.5 billion, when compared to $20.8 billion in January 2016. For the same month, trade deficit widened year on year from $6.5 billion in 2016 to $8.8 billion in 2017.
The Dollar Business

FIEO sets export target of $325 bn for this fiscal - 0 views

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    With India's exports witnessing a continuous growth, the exporters' body Federation of Indian Export Organisations (FIEO) expects that the merchandise shipments from the country would touch $325 billion in the current fiscal. "Indian exports have been on an upward trend in last few months with export of $275 billion in last fiscal and a target of $325 billion to achieve in 2017-18," the exporters' body said in a statement.
The Dollar Business

Textile exports falls 4.5% to $26 bn in Apr-Dec - 0 views

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    India's textiles exports fell about 4.5% to $26 billion during April- December of 2016-17. "The exports of textiles during 2016-17 (April-December) were $26 billion compared to $27.2 billion during 2015-16 (April-December)," Ajay Tamta, Minister of State for Textiles said on Friday in a written reply to the Rajya Sabha.
emilyemrate

Trump reportedly told the Pentagon to increase the defense budget to $750 billion after... - 1 views

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    President Donald Trump has reportedly told Defense Secretary Jim Mattis to prepare a $750 billion budget proposal for 2020, according to Politico's Wesley Morgan. This request comes just months after Trump asked every major cabinet agency to submit proposals cutting their budget by 5% next year, according to The Washington Post. Trump said he wanted…
emilyemrate

Trump could cost Europe $75 billion if he follows through with his threat to tax EU car... - 0 views

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    An escalation of the global trade conflict which saw US President Donald Trump levy increased tariffs on the European automotive sector could knock as much as $75 billion from growth in the eurozone next year, according to analysts at Barclays. Writing this week, a Barclays team led by Francois Cabau estimated that if Trump were…
arunaraayala

Microsoft to Invest Over $1 Billion a Year on Cyber-Security - Locality News - 0 views

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    Microsoft Corporation will continue to capitalize over $1 billion yearly on cyber-security research and development 
The Dollar Business

Coca-Cola targets Maaza to become $1 bn brand by 2020 - 0 views

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    Coca-Cola India, one of the leading beverages firm, is aiming to make its mango-based drink Maaza brand, a $1 billion by 2020. "We would love to see Maaza become a $1 billion brand coming out of India by 2020. The brand has potential to be there. All our consumer research show that Maaza is India's most trusted and loved brand," Venkatesh Kini, President, Coca-Cola India and South West Asia, told to PTI.
The Dollar Business

US Trade Policy agenda welcomes GST reform - 0 views

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    The Trade Policy Agenda released by Trump administration for the year 2017 highlights the fast paced growth in US-India trade since 1980, when the total trade between the two nations was merely $4.8 billion. The US-India trade in goods and services has expanded by over 9% year-on-year to attain a figure of $109 billion in 2015, according to the document.
The Dollar Business

Exports grow 8.32%, imports by 33% in May; trade deficit widens - 0 views

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    India's exports grew by 8.32% to $24 billion in May, registering an upward growth in the last eight months. However, the trade deficit also surged to $13.84 billion a 30-month high, majorly on account of higher gold imports.
emilyemrate

Lyft could be worth $5 billion more than its most recent private valuation - ... - 0 views

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    Lyft and Uber- two of the world's best-known private companies - both said last week that they had begun the process to go public, sparking a frenzy of speculation and excitement on Wall Street. There's no word on when Lyft, easily the smaller of the two ride-hailing rivals, will actually have its initial public offering,…
arunaraayala

Scarlett Johansson is the top-grossing actresses of 2016 | Locality News - 0 views

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    Scarlett Johansson has been named the Highest -grossing movie big name of 2016 by means of Forbes magazine after acting in films that accrued $1.2 Billion in worldwide price tag sales.
The Dollar Business

Indian foreign investors top UAE realty market - 0 views

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    Indians have emerged the top foreign property investors in Dubai, spending over $3.2 billion last year alone, according to the Dubai Land Department.
mehrreporter

Japan to spent $970 mn on nuclear soil store: report - 0 views

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    Japan is planning to earmark 100 billion yen ($970 million) for a storage facility for tens of thousands of tonnes of soil contaminated with radiation from the Fukushima disaster, a report said Wednesday.
Rashid KHalil

Oil Importing Companies Make Rs80 Bln Profit Illegally | Breaking News, 24 Hours Update - 0 views

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    ISLAMABAD: The Judicial Commission of Supreme Court headed by Justice Rana Bhagwan Das has shown in its interim report, irregularities of Rs80 billion committed
emilyemrate

GFG Alliance chief Sanjeev Gupta is driven by steely determination - 0 views

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    The Indian-born businessman had been on a winning streak in Britain as an unlikely saviour of industries that many had given up on. He'd spent $1 billion in the previous two years on ageing industrial businesses discarded by Caparo, Rio Tinto and India's Tata Steel. Gupta's Liberty House company and his father's SIMEC shipping, energy…
gnewstelugu

India is the world's sixth largest economy, pushes France to 7th position: World Bank R... - 0 views

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    According to the figures released by World Bank for the year 2017 India has emerged as the sixth largest economy by surpassing France. India's GDP worked out to be $2.597 trillion in comparison to France's $2.582 trillion. India's growth was stunted as a result of some of PM Modi's reforms such as demonetization and faulty implementation of new tax regime, Goods and Services Tax. Only last year the economy picked up and the recovery can be gauged by the increased GDP. The comparison with France is lopsided as the population of India is around 1.34 billion, almost twice as that of France's 67 million people. So the per capita income of Indians is 20 times lower than that of France. There is tremendous growth impetus in Manufacturing and Consumer spending that acted as main drivers of the economy in the latter half of the year 2017. India's GDP had doubled within the last decade propelling it as an economic power to reckon with in Asia. International Monetary Fund has projected that India will have a healthy 7.4% growth rate and it may well reach 7.8% by 2019 due to household spending and tax reform. This is far higher than the world's expected average 3.9% growth rate. According to London-based Centre for Economics and Business Research, a consultancy, India may even overtake both Britain and France in terms of GDP by the end of 2018. They predict that India may become the third largest economy by 2032.
The Dollar Business

Modi world's most important PM: Israeli daily - 0 views

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    The most important PM of the world is coming", is how Prime Minister Narendra Modi's forthcoming visit to Israel, the first by an Indian premier, is described in an article in one of the leading Israeli business daily. Business daily 'The Marker' in a feature story in its Hebrew edition discussing Indo-Israel ties says that Israelis had set up huge expectations from US President Donald Trump's visit to the Jewish state but "he didn't say much" while Modi, a leader of 1.25 billion people enjoying massive popularity and representing one of the fastest growing economies of the world deserves a lot of attention.
emilyemrate

Tom Brady and Gisele Bündchen have a combined net worth of $580 million. Here... - 0 views

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    Following is a transcript of the video. With a combined net worth of over half a billion dollars, Gisele Bündchen and Tom Brady are a true power couple. Bündchen was the highest earning model in the world for 10 consecutive years before she retired from the runway in 2015. She's on pace to make a…
The Dollar Business

FDI in services sector grew 77.6% during Apr-Dec 2016-17 - 0 views

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    Foreign direct investments (FDI) in India in the services sector has surged by 77.6% to $7.55 billion in the initial nine months of this fiscal, supported by government measures for improving the ease of doing business.
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