BUSINESS AWAAZ

ADB to double lending for climate change adaptation

Asian Development Bank, ADB has decided to double its annual lending for climate change adaptation to 6 billion US Dollar by 2020. The initiative comes as world leaders adopted an ambitious set of 17 global goals, including combating climate change and its impacts on Friday. Under the 2020 lending plan, ADB is to dedicate 4 … Continue reading ADB to double lending for climate change adaptation

Top CEOs of US companies endorse ambitious ‘Digital India’ programme

AMN / Top CEOs of American companies, which have played a key role in IT revolution across the world have endorsed ambitious ‘Digital India’ programme. Speaking at a Digital India dinner interaction with Prime Minister Narendra Modi in San Jose, Paul Jacobs executive chairman of Qualcomm announced USD 150 million funds to fuel innovation in … Continue reading Top CEOs of US companies endorse ambitious ‘Digital India’ programme

Matthias Mueller named as Volkswagen CEO

Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect. This was decided by the Supervisory Board at its meeting in Wolfsburg today (Friday). Müller is currently Chairman of Porsche AG in Stuttgart. He will continue in this function until a successor has been found. The interim Chairman of the Supervisory Board … Continue reading Matthias Mueller named as Volkswagen CEO

Minister calls for better coordination among CPSUs

AMN / Union Minister for Heavy Industries Anant Geete has called for better coordination among Central Public Sector Undertakings (CPSUs) for the development of the nation. Speaking at an event in Mumbai Friday, Mr Geete said, there are 290 CPSUs which have a collective surplus of more than 2 lakh crores rupees over the past … Continue reading Minister calls for better coordination among CPSUs

FM launches credit campaign to help small scale entrepreneurs

AMN / Finance Minister Arun Jaitley today launched a week long credit campaign under Pradhan Mantri Mudra Yojana, PMMY with an aim to provide credit to small scale entrepreneurs. Addressing a gathering after inaugurating the Mudra Mega Credit Camp in New Delhi today, Mr Jaitley said, unorganised sector provides employment opportunities to 11 crore people … Continue reading FM launches credit campaign to help small scale entrepreneurs

PM Modi Meets top Fortune 500 CEOs in New York; Says reforms his top priority

AMN / Prime Minister Narendra Modi has said that reforms in governance are his top priority and the government wants simplified procedures, speedy decision-making, transparency and accountability. Mr Modi was addressing a group of 42 CEOs of Fortune 500 firms in New York today over dinner. External Affairs Ministry spokesperson Vikas Swarup said that these … Continue reading PM Modi Meets top Fortune 500 CEOs in New York; Says reforms his top priority

Iran offers gas to India at 2.95 dollar per mmBtu

Iran has offered gas to India at 2.95 dollar per mmBtu (Million British Thermal Units) for urea plant at Chabahar port and India is negotiating the price. Addressing a press conference in New Delhi this afternoon, Road Transport and Shipping Minister Nitin Gadkari said India will make big investment in Iran to manufacture urea. He … Continue reading Iran offers gas to India at 2.95 dollar per mmBtu

Despite deficit monsoon, No reduction in Agricultural production:Minister

AMN Agriculture Minister Radha Mohan Singh has assured that despite 14% deficit monsoon, there won’t be any reduction in Agricultural production. The Minister said, they are setting a target of 133 million tonnes of food grain production for this rabi season. He was speaking at the inaugural function of National Conference on Rabi Campaign on … Continue reading Despite deficit monsoon, No reduction in Agricultural production:Minister

Sushma calls upon business leaders of India, US to build new synergies

AMN / India’s External Affairs Minister Sushma Swaraj has called upon the business tycoons of India and US to build new synergies that would bring the governments of the two countries closer. Speaking at the 40th meeting of the US India Business council meeting in Washington today, she said that in the last one year … Continue reading Sushma calls upon business leaders of India, US to build new synergies

Govt extends order regulating trade of edible oils & pulses for 1 year

AMN / Union Cabinet today gave its nod to Extension of Order regulating trade of edible oils and pulses under Essential Commodities Act, for one year till 30 September next year. Briefing media after the Cabinet meeting, Union Minister Ravi Shankar Prasad said, the Extension of Order will help States in ensuring adequate availability of … Continue reading Govt extends order regulating trade of edible oils & pulses for 1 year

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