IMO 2020 effect: Maritime industry struggling in search of low-sulfur fuel

While foreign ships calling at India can refuel at hubs like Singapore and Fujairah, the deficit of IMO-compliant fuel is a threat to vessels plying India’s coast Ships hauling everything from coal to iron ore and consumer goods on domestic... Read more

Budget 2020 | Reduction in GST tops demands of auto industry

Reduction in the Goods & Services Tax (GST) tops the budget wish-list of the beleaguered automobile industry. Last year, the industry recorded its worst-ever sales decline in two decades as a variety of factors spooked the retail buyer despite manufacturers offering... Read more

Diamond industry preps for a rough, rocky 2020

London: The crisis afflicting the diamond industry won’t end anytime soon, according to Liberum Capital Markets. There has been little good news this year. An oversupply of rough diamonds, a surfeit of polished stone stocks and falling prices have piled pressure on both the companies that... Read more

Trai chief meets Voda Idea CEO, others industry officials to identify priority issues for 2020

New Delhi: Amid ongoing turbulence in the telecom sector, Trai chairman on Wednesday met heads of telcos, including Vodafone Idea CEO, to identify priority issues that will be taken up by the regulator in 2020. Sources said that floor price and redefining... Read more

China’s economic growth could fall below 6% in 2020, says the IMF

China’s economic growth could moderate further in 2020 — even though the global economy is likely to pick up pace, projected the International Monetary Fund. The fund, in its World Economic Outlook report, said the Chinese economy could grow at 5.8%... Read more

Indian economy expected to grow 7.5% in 2020, says G20 surveillance note

The Indian economy is expected to grow 7.3% in 2019 and 7.5% in 2020, a G20 surveillance note has said. Prepared by the International Monetary Fund (IMF) staff, the note comes ahead of the G20 finance minister and central bank... Read more

China will build massive green cover by 2020: A list of important eco-friendly steps taken by them

China has always been launching several initiatives to save the environment every other day. Days after building the first largest air purifies, the country has announced the largest green cover with as many as 20,000 national forest villages by 2020... Read more

Mobile Industry to Contribute 8.2 Percent of GDP by 2020, Says Government Report

HIGHLIGHTS Rs. 2,42,900 crores revenue generated by the telecom sector in 2014-15 Report said that the mobile industry will add 800,000 more jobs Vodafone lead the chart with investment of roughly Rs. 10,299 crores The contribution of mobile industry to... Read more

India to Have 1 Billion Mobile Users by 2020, Predicts GSMA

HIGHLIGHTS India is predicted to have 1 billion mobile users by 2020: GSMA Number of 4G connections in India is forecast to grow to 280 million GSMA released its report on Wednesday India will have almost one billion unique mobile... Read more

Nasscom: India will be home to 10,500 start-ups by 2020

Over 350 start-ups have been founded by young students this year, according to a Nasscom-ZINNOV report. Photo: Aniruddha Chowdhury/Mint Mumbai: India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach... Read more