As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India.
'The announcement has come too late. This should have been done years ago.'
Addressing the 74th Annual General Meeting of the Indian Banks' Association (IBA), she said the industry needs to imagine how Indian banking has to be in the immediate and long-term future. As far as the long-term future is concerned, she said it is going to be largely driven by digitised processes and there is a need for seamless and interconnected digital systems for a sustainable future for the Indian banking industry.
The Bharatiya Nyaya Sanhita (BNS) Bill which is proposed to replace the British-era Indian Penal Code (IPC) does away with two contentious provisions on unnatural sex and adultery that were diluted and struck down respectively by the Supreme Court in 2018.
Data on the new series given by a panel on real sector statistics shows that GDP grew by 10.23 per cent in 2007-08 and 10.78 per cent in 2010-11. There are some years for which the new figures show a deceleration in growth as well. The new series has 2011-12 as the base year while the earlier series had 2004-05 and 1993-94.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
'Who would think of making a bank of poor women? She had vision and boldness.'
... Are far-reaching social changes coming with it, asks Ajit Balakrishnan.
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
The only real solution to the jobs crisis, whether in India or abroad, is to direct tech innovation towards job enhancing sectors, and disincentivising job-replacing ones, observes R Jagannathan.
'We have to plan for whatever the new normal is.'
The US foreign and security policy establishment, says Ambassador M K Bhadrakumar, apprehends that Trump may compel them to exorcise the 'unipolar predicament', and bring foreign and security policies to reflect the desires and priorities of the American public.
The Gupta brothers are accused in South Africa of using their relationship with former president Zuma to profit financially and influence senior appointments, charges that they have vehemently denied.
Unfortunately, in India, infrastructure projects are lost in a miasma of political and personal vanity, observes Shyam G Menon.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Kamaljeet, who is now back in her native place Barkandi village in Bathinda, and her father Sikandar Singh, explained their week-long ordeal and how travel and placement agents in Punjab are bleeding poor families financially with a promise of a better future.
In a country that is often focused on the ways in which it falls short, the start of a year is a good time to remind oneself of such positives, observes T N Ninan.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
With over 1.7 million vacant cloud computing jobs, the future is bright for candidates with the right skills and experience, says Bhavesh Goswami, founder and CEO, CloudThat Technologies.
General Pande said the northern border region has been peaceful and steps have been taken to maintain peace through established protocol and existing mechanism.
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'
India has welcomed the UAE's announcement to confer the top civilian award on Modi.
Employees across segments, including those involved in specialised jobs such as technology, compliance and risk management, have started leaving the bank fold in hordes, observes Tamal Bandyopadhyay.
With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.
The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.
The government must send out a clear signal that leadership positions at regulatory bodies are not a preserve of retired government officials, argues A K Bhattacharya.
India has not only been decked in tricolour hues in the lead up to the 76th Independence Day celebrations, but also put under a heavy security blanket, right from Delhi, the epicentre of the mega celebrations, to Jammu and Kashmir.
'We don't need to hinge India-UK relations on shared hostility toward China,' observes Ambassador M K Bhadrakumar.
A hallmark of some new businesses today is that they seek to use the brute force of capital, combined with smart technology and operations, to create new needs that you didn't even know existed, the chairman of Aditya Birla group said in a blog post on the trends for the new year.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
Ajit Balakrishnan on mapping the Business Serengeti.
Startups in India need low-cost debt for working capital, which is impossible to get.
The government scheme has a long way to go before its ultimate goals of universal financial inclusion and financial literacy are achieved.
Spanish La Liga champions Barcelona were in turmoil on Friday after six board directors resigned criticising the clubs's handling of a social media scandal and the financial implications of the coronavirus crisis. Two of the club's four vice presidents, Emili Rousaud and Enrique Tombas, were among those to quit, joined by directors Silvio Elias, Josep Pont, Jordi Calsamiglia and Maria Texidor.
The Taliban's main challenge comes on the financial and economic front and there Pakistan doesn't have the capacity to be of any meaningful help, observes Ambassador M K Bhadrakumar.
The assessment of PMJDY should be done within the context of the programme.
Given the sheer size of the state, achieving a similar turnaround in Punjab as promised could be a different ball game altogether, reports Sai Manish.
The company has raised its revenue outlook for FY2019-20 in constant currency to 10-10.5 per cent, from its topline guidance of 9-10 per cent given in October.
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
