‘Quick release of refunds will help’
The Indian rupee on Thursday strengthened marginally against the US dollar tracking gains in domestic equities and Asian currencies amid optimism that the US and China may reach a partial trade deal.
Some Indian conglomerates and foreign banks are among those under the scanner for allowing subsidiaries or Indian entities to use brand names and logos they own for free.
The Reserve Bank of India's (RBI) has cautioned that the rupee is likely to continue its weak trend against the dollar due to a probable rise in volatility in the international financial markets.
The Global Competitiveness Report 2019 showed India falling 10 positions, to the 68th rank, in the World Economic Forum's (WEF) Global Competitiveness Index.
To boost skill development at the district level, the Ministry of Skill Development and Entrepreneurship (MSDE) on Wednesday signed a contract with the Indian Institute of Management (IIM) Bangalore for introducing a two-year fellowship programme Mahatma Gandhi National Fellowship (MGNF) programme.