Wintercroft’s 3D masks come as downloadable DIY kits that include templates and instructions that make construction and assembly of your mask a cinch. Using your own cardboard or cardstock material you simply cut out the template shapes, tape the pieces together and then decorate it however you want. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on […]
Even though it’s an SB, it’s clearly not a Nike skateboard shoe. The Lunar One Shot is part of Nike SB’s “Rest & Recuperation” line which means it’s perfect for all the non-skaters who want the cushy, lightweight feel of a Lunarlon midsole & a full mesh upper but don’t want the look of an off-duty jogger. This entry passed through the Full-Text RSS service – if […]
By G. Srinivasan The upcoming G-20 Heads of State meeting in Brisbane, Australia in mid-November is being convened when urgent policy actions from major economies, advanced and emerging, call for coordinated and focused approach to get the world economy out of the anemic recovery. Latest economic data from global financial institutions such as the World Bank, the IMF, OECD and the WTO do not inspire hope that […]
NEW DELHI: In order to make India a better place to do business, the government is working to cut down the time for registering a business from 27 days to a single day. Towards this end, it has readied a raft of measures, such as, single registration for all labour laws, overhaul of tax systems, reduction in the number of permits required, easing up property registration, quick […]
MUMBAI: Foreign funds are buying more Indian corporate bonds as there is no sign that the $25-billion limit on government securities — close to being exhausted — is going to be raised. Overseas portfolio investors have used up nearly half the overall investment limit in corporate bonds compared with 37 per cent four months ago. But foreign portfolio investors, or FPIs, can invest another Rs 1,23,580 crore […]
Persol has just released a new collection of their most iconic classic frames. The Icon collection includes the 649, the foldable 714, and the half wire-frame Cellor in new colors and updated versions including optical-lens options and thinner, lighter weight frames. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ […]
Mumbai: After years of regulatory dithering, foreign and domestic institutions might look forward to entry into the commodity derivatives market. The Reserve Bank of India (RBI) and the Forward Markets Commission (FMC) are meeting next week to consider the proposal, suggested by a sub-committee of the Financial Stability and Development Council. Allowing domestic financial institutions such as banks and mutual funds was made by the commodities markets […]
NEW DELHI: Eighty-eight infrastructure and industrial projects, involving investment of nearly Rs 3 lakh crore – which is more than the Centre’s budgeted income tax collections for the current financial year – have become operational over the past few months. This will help in adding jobs and easing pressure on banks, which had lent to the projects that got stuck due to lack of government clearances. […]
New Delhi: The government on Monday allowed private companies in the defence sector to sell equipment to state-run entities without prior approval of the defence ministry, a move that could attract investments in the sector. The decision came after the government opened the sector for higher foreign direct investments (FDI) and relaxed compulsory licensing for a number of equipment. “The licencee shall be allowed to sell […]
Saudi Arabian Airlines plans to raise at least 10 billion riyals ($2.7 billion) through the sale of shares in its ground-handling, cargo and maintenance units. An initial public offering of the ground-handling unit valued at 2 billion riyals will take place “in weeks,” Saudi Arabian Airlines’ Chief Financial Officer Muhammad Albakri told reporters in Dubai. The sale of shares in the cargo unit is planned for next […]
The founder of drinks maker PIPER says an IPO would help bank roll the firm’s international expansion strategy. Piper Dubai-based PIPER is considering an initial public offering of shares to help fuel the “feel good” drink maker’s global growth plans. “We are looking at ways to raise new capital to expand the brand globally,” said PIPER Founder Jeremy Miocevic. A share sale would help fund the production […]
By S. Sethuraman As the slow-grinding economy enters the second half of fiscal 2015, a tinge of optimism pervades policy-making circles in Modi Government that recovery would now begin to gather some steam to hit at least a minimum of 5.5 per cent GDP growth, in a distinctly improving macro-economic environment. Prime Minister Narendra Modi has now put in place a new economic team to […]
NEW DELHI: After announcing several labour reforms last week, the Narendra Modi government is considering allowing workers to participate in board decision of state-run firms such as Oil and Natural Gas Corporation, Coal India, NTPC, Indian Oil Corporation and BHEL. The policy proposal, an initiative of the labour ministry, is expected to be initially confined to state-run enterprises, but its scope could be enlarged later to include […]
New Delhi: The department of industrial policy and promotion (DIPP) has finalised proposed foreign investment policy reforms related to composite limits as part of efforts aimed at greater clarity and the plugging of loopholes. DIPP, the nodal agency for overseas investment policy, has readied a cabinet note incorporating suggestions from various government departments that had raised concerns over the stringent guidelines recommended for portfolio investment, especially in […]
NEW DELHI: Private power producers have raised several concerns over bidding norms for ultra mega power plants (UMPPs), particularly the design-build-finance-operate-transfer (DBFOT) model where lenders’ exposure to the project is not fully secured. Under the model, developers are required to transfer the power plant to the government at the end of the contract period, a provision that makes potential lenders jittery. Last week, Adani Power, […]
There were six in contention; four were dropped, and one became the Chosen One: The Rafale. In French, ‘Rafale’ poetically means a ‘sudden gust of wind.’ It was one of the six fighter aircraft in competition for the Medium Multi-Role Combat Aircraft, MMRCA, when the Indian Air Force wanted to acquire 126 polyvalent fighter planes. In April 2011, the IAF shortlisted two birds — […]
NEW DELHI: The Narendra Modi government made a volte face of sorts on Friday when it cited the same reasons that the previous Congress-led regime had given to keep secret the names of people who have allegedly stashed black money in overseas accounts. In an application to the Supreme Court, which had directed the government to reveal those names, the government said such a step would […]
MUMBAI: At one of the customary premonetary policy meetings with industry, former Reserve Bank of India governor Duvvuri Subbarao wanted to know how many of those present would benefit from an interest rate cut. Almost all hands went up. The next question was how many would pass on the lower cost to customers. Almost no one raised their hands. Subbarao kept interest rates unchanged. The voice of […]
NEW DELHI: India Friday called for building the SAARC power grid so that excess power produced in one region of South Asia can be used to meet deficits elsewhere. Addressing the fifth South Asian Association for Regional Cooperation energy ministers meet here, Power Minister Piyush Goyal said that with the implementation of such a grid, hydel power generated in India’s northeast, for instance, could be transported […]
NEW DELHI: India is likely to next month sign a deal to lay an oil pipeline to Nepal for supply of petrol, diesel and ATF, said Sunil Kumar Thapa, Commerce Minister of the Himalayan nation. Prime Minister Narendra Modi during his visit to Nepal in August had “assured that India will assist in putting up a pipeline,” he told reporters after meeting Oil Minister Dharmendra Pradhan […]
New Delhi: Shortly after 10 am on Friday, while the prime minister was exhorting an annual meeting of top military commanders from the Army, Navy and Air Force to be ready for any call to arms, India’s newest missile blasted off from a canister at the Chandipur test range on the coast of Odisha. This was the Nirbhay long-range cruise missile, which can hit a target […]
David Wolf, a fund manager at Fidelity Investments in Toronto, says equity spasms such as those that shook global stocks this week scare professionals as much as everyone else. “My dad has been quite panicky,” Wolf said of his father, Bernard, a retired economics professor from Canada’s Schulich School of Business. “He knows what markets are all about and he knows what the economy is all about, […]
Hong Kong police clashed with about 9,000 protesters in the Mong Kok district overnight after authorities cleared barricades, and student leaders asked the government to hold promised talks by Oct. 22. Police, some in full riot gear, battled with demonstrators for control of major roads in the busy shopping district north of the city’s harbor, less than 24 hours after authorities had cleared protest barricades and opened […]
[embedded content] The Prizm lens is Oakley’s latest contribution to snow goggle science that offers an enhanced, super-high contrast view in even the flattest light conditions. Available in a variety of colors, this new technology is also offered for nearly every goggle frame in the Oakley snow sports lineup. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it […]
