Jan 7, 2016 - US official to hold talks with India on financial relations

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Sree Vijaykumar From the Editor's Desk Is the Internet a public good? It's a question worth asking. This article analyzes the factors involved in governments deciding what constitutes a public good and thus what deserves a subsidy. Studies show that a 10% increase in internet penetration in India can increase the GDP by 1.6%. While the article argues that one cannot just assume that providing free internet will lead to productive use of it, one should not underestimate the curiosity and intelligence of the common person. Case in point is this beautiful TED talk by Sugata Mitra where he talks about his Hole in the Wall project. Young kids in this project figured out how to use a PC on their own - and then taught other kids - Comment US official to hold talks with India on financial relations Sheets will hold meetings with his counterparts tomorrow at the Ministry of Finance in New Delhi Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Vodafone India appoints Rahul Bhagat as adviser for payments bank Vodafone India has appointed former HDFC Bank executive Rahul Bhagat as an adviser to conceptualise its payments bank. Mutual funds: the ugly duckling among savings instruments Mutual fund assets grew two-and-a-half times the pace of bank deposit growth in 2015, but they have a long way to go in being the savings instrument of choice Bitcoin wallet company Zebpay raises $1 million Zebpay raises funds in series-A round led by investor Arjun Handa, vice president of Claris Life Sciences Government approves conversion of MUDRA into bank Cabinet approved conversion of MUDRA Ltd, into MUDRA Bank and also setting up of a Credit Guarantee Fund for loans disbursed under MUDRA Yojana. Borrowing from debt markets at six-year low Domestic capex plans stayed on hold, chaos in global markets dragged down foreign currency borrowings in 2015 India goes postal in quest to open bank accounts for the masses India Post will start operations as a payments bank around December after receiving RBI approval last year, says M.S. Ramanujan, head of banking services It will be 'decade of entrepreneurs' in India, says Murthy I think all the stars are in place for entrepreneurs and therefore, this is going to be the decade of entrepreneurs," he said. CEOs, startup founders to join Modi for 'Startup India Movement' YourStory is proud to partner with the Government of India's 'Start-up India' movement, to be launched on 16 January 2016 in New Delhi.   The event is aime Global economy more responsible than rupee strength for India's export woes "Even if the RBI lets rupee fall from current level, it won't cause our exports to pick up. That is what has been the story of the last three years." Bank of India Allots Shares to LIC State-run Bank of India has allotted 2 crore shares to LIC valued at Rs 264.12 crore. Government takes first step to recognise India's informal workforce This would pace way for BJP-led NDA government to kick-start initiatives and policies that would help in smooth transition of informal workforce and economic units into formal workers. Uber partners Invest India to mentor entrepreneurs Uber will host a series of six leadership talks by senior executives on different challenges that entrepreneurs face when founding their own company Sebi seeks early hearing of plea against Sahara Supreme Court to hear the case on 2 February, potentially setting a timeline for the recovery process Paytm ties up with Industrybuying to simplify transaction process The tie-up is in step with Industrybuyings product and marketing strategy, which involves providing more options to B2B customers. Sensex plunges 300 points on China woes, Nifty50 tests 7,650 The S&P BSE Sensex plunged over 300 points in morning trade on Thursday, after trading in the Chinese markets halted for the second time this week. China slowdown: India still has no cause for despondency The key task is to get action going in the infrastructure sector, the only place, besides agriculture, that has plenty of room to absorb investment. Patanjali products get exclusive space at stores as sales soar Big Bazaar, Reliance Retail & Spencers Retail say Patanjali products among their top-selling brands. Flipkart's fundraising spree: Online retail giant starts talks with investors to raise $1.4 billion Flipkart has started talks with investors to raise about $1.4 billion (Rs 9,200 crore), four people aware of the development said, as it keeps up its fundraising spree. Amazon to enter the Rs 20 lakh crore Indian grocery jungle in February Having stolen a clear lead over its peers during the Diwali sales, Amazon is readying for an official launch of its grocery arm Kirana Now next month. This Nagpur-based startup is bringing a hybrid shopping experience to small towns The Indian retail sector will be a $1-trillion industry by 2020 with the e-commerce share being $60 billion. Yet, Indian retail remains an unorganised sect TCNS Clothing to open its outlets in Mauritius, Nepal and Srilanka Franchiseindia.com by end of ...Franchiseindia.comWe will open 60 'W' stores and 65 'Aurelia' outlets," Daga said. At present, there are 200 'W' and 90 'Aurelia' outlets. The company is also looking at opening three stores in Mauritius, Nepal and Sri Lanka by end of this month to tap Indian Diaspora ... Online furniture retailing finally comes home Online furniture retailers, buoyed by huge growth opportunities, are investing in technologies like augmented reality and hand-holding customers to design theme-based homes Logistics to be the game changer for e-commerce in 2016 How have e-commerce majors built a ground for advancement in logistics in 2016? How will this year pan out for Indian e-commerce in terms of logistics? RJio Sputters Into Lyf With 4G 'Launch' India's new entrant has taken the wraps off its 4G service, but only for employees of its parent company. Lack of infrastructure investment by telcos causing call drops: TRAI Lack of infrastructure investment by telcos causing call drops: TRAI - TRAI has said in its affidavit that the telcos have to compensate a consumer only when the call originates from its network and is dropped within its network. New-Age KPOs like Zeki help mobile and internet businesses resolve their operational hazards The virtual space of mobile and internet has shrunk all processes down to the smart screens of computers, tablets and iPhones. T-Mobile beats 2015 target for postpaid subscriber additions For the year ended December 31, T-Mobile on a net basis added 4.5 million branded postpaid customers, beating its forecast of 3.8-4.2 million. Facebook has a history of being non-transparent: Vishal Misra Facebook has a history of being non-transparent: Vishal Misra India Just Crossed 1 Billion Mobile Subscribers Milestone And The Excitement's Just Beginning Indian brides, sisters Rupal Desai and Rinku Desai, take a 'selfie' on a mobile phone before participating in a mass marriage at Gamdi village, some 20 kms from Ahmedabad on December 4, 2014.  (Image: Sam Panthaky, AFP/Getty Images)   India’s mobile phone subscriber base crested the 1 billion users mark, as per [...] 5.10M Mobile Number Portability requests in India in October 2015 Porting requests were submitted for 5.10 million connections in the month of October 2015, according to the Indian Telecom regulator TRAI. This is up 22.54% from 4.16 million porting requests reported in September 2015. For the month of October, the maximum number of requests in Zone-I (North and Telecom operators warn of increase in tariffs to make up for call drop fine Telecom operators are yet to begin compensating their customers, and had said they would wait for a Delhi High Court order on the issue. Will India win net neutrality battle? Snippy open letter to US giant over Free Basics in India Budget 2016: Nasscom asks for tax exemptions for startups in pre-budget recommendations The industry body also said there was an urgent need to remove angel tax that hurts startups that need angel investment when financing from banks and venture capital funds is unavailable. Zebpay, India's first mobile bitcoin company, receives about USD one million in series A funding Zebpay, India's first mobile bitcoin company, has received about USD one million in series A funding. Why India's TCS is better off losing bid for Dell's Perot Systems? Tata Consultancy Services, an India-based information technology consulting firm, has resumed negoti TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India