WEF rates India below Pak & China in development

THE ECONOMIC TIMES Daily Newsletter

Hours before Modi's big Davos pitch, WEF rates India below Pak & China in development The index takes into account "living standards, environmental sustainability and protection of future generations from further indebtedness".

Modi's tweak to a 49-year-old law has China in a tense huddle China fears India can confiscate assets of its companies, such as Xiaomi and Lenovo, if the two countries enter a military conflict.

Axis Bank reports 25% jump in Q3 profit at Rs 726 crore; asset quality improves The lender had reported a profit of Rs 580 crore in the corresponding quarter last year.

Worried about falling fixed deposit rates? Here are 8 good options to consider  While it is better to have liquidity, it cuts both ways. Some long-term products like EPF are made deliberately less liquid to control the urge to spend.

How to open a Sukanya Samriddhi Account Generally, all banks that provide the facility to open a Public Provident Fund account offer one for Sukanya Samriddhi Yojana too.

India's richest 1% corner 73% of wealth generation: Survey The situation appears even more grim globally, where 82% of the wealth generated last year worldwide went to the 1%, said an Oxfam survey.

7 mutual fund investment mistakes that could prove costly in current stock market boom When the market is on a bull run, investors are prone to making rash investment decisions. Mutual fund investors too need to be cautious.

Here's how Modi plans to hardsell India at Davos Modi's business & investment pitch will be largely in bilateral meetings & dinner, while his keynote address will be mostly on creating a shared future.

From our Partners Making your first mutual fund investment Investors should also read the scheme related documents and understand the investment objective of the mutual fund scheme, know the securities in the scheme where money will be invested.

Modi govt's tax googly makes Flipkart edgy If the I-T dept has its way, cos like Flipkart & Amazon that incur substantial marketing costs could be deemed as being profitable and therefore liable to pay 30% tax. How fraudsters are trapping investors with SMS tips Fraudsters send bulk messages to rig up penny stocks and even use specialised software to spoof mobile numbers and defraud small investors.

Defence Budget tip: More allocation, fewer troops In the last year's Budget, defence spending received the smallest chunk of 12.22 per cent out of total budget outlay in the last two decades.

From our Partners Six smart things to know about bonus in insurance plans Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus.

India least attractive emerging market for 2018: Here's why Asian countries look relatively expensive as they have been bought amid strong fundamentals.

I support linking Aadhaar to voters' identity:CEC I support linking Aadhaar to the voters' identity. Biometrics should establish the identity before a voter enters into a polling booth and gets access to an EVM.

SpiceJet launches 'Great Republic Day Sale' The four-day sale launched on Monday would be open till January 25 while the travel period covered would be till December 12.

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