As Unilever's COO, he is expected to take significant load off CEO Alan Jope, pushing growth across markets and driving go-to-market activities.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Sale of expensive sarees rose by 1,751 per cent while consumption of honey by 380 per cent.
Some believe the shift to mobile-based transactions will be seamless considering that the urban tele-density is 148%. In rural areas, it is touching 51%. But smartphone penetration in India is a mere 12%. Growth of mobile money has been extremely slow: It is currently 1%.
Fresh guidelines were issued by the government on Wednesday for enforcing the second phase of the coronavirus lockdown, with the Union home ministry barring all kinds of public transport and prohibiting opening of public places during this period.
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
'It might get worse. We don't really know what is it that is resulting in the high value of R now.'
India must weave a quick-fix formula to ensure growth.
The IMD has said temperatures in most parts of the country from March to May would be 'above normal'.
If we are able to provide safe, hygienic toilets, and affordable sanitary napkins, we could stop girls from dropping out of schools and help women feel more confident.
Under KV Kamath's leadership, ICICI Bank's revenues grew multi-fold.
Mr Modi must now work to win over the governor as a friend and learn to influence people credibly.
Trump is the first nominee of a major party in over a century to have no experience whatsoever of any political, administrative or military office.
During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.
Times without count we have bought more complex procedures in the name of simplification, says Shreekant Sambrani.
No prime minister of India ever had greater experience of running a state than Narendra Modi.
DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray
We suffered worse political degradation during the Emergency. But we emerged resurgent and vigorous because the spirit was not broken. This time around, we face an imminent threat to it, says Shreekant Sambrani
After resorting to quirky measures like debarring party spokespersons from news channel debates, the opposition parties are now overhauling their organisational set-ups and purging respective executives, committees and wings to weed out non-performers and deadwood. Virendra Singh Rawat reports.
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
Prime Minister Narendra Modi announced its imminent replacement in his Independence Day address, but the new name, structure and key personnel became known only a week ago.
The National Bank for Agriculture and Rural Development, a premier institution for agriculture financing, would be giving 100 per cent tax exemption on capital gains if they were invested in capital gains bond issued by it.\n\n\n\n
A 'soft' approach must be nurtured to complement the hard-line of spending billions in physical conflict; that is the only way to 'degrade and destroy' ISIS.
Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central bank reduced the reverse repo rate -- the rate at which banks park their fund with the central bank -- by 25 basis points to 3.75 per cent.
MF investors may not be able to support markets fall if selling intensifies
Officials said the government had no option but to cut spending.
It took a lockdown for us in India to even recognise that the plight of migrants needs to be addressed. They were faceless and unrecognised. They were unappreciated and even hounded. They were poorly paid and exploited, notes Ramesh Menon.
'If some measures are implemented quickly, they can help revive growth.'
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
RBI governor Raghuram Rajan is clear about cleaning up the mess in the banking system.
Gujarat was among the earliest civilisations in the sub-continent, dating back four millennia.
These banks are finding it hard to pick up seasoned bankers at the pay they are offering
'Agriculture has been given the wrong kind of attention.' 'More innovations are needed for the sector to be successful,' says Devi Murthy of Kamal Kisan.
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
'The genetic thing is not in your control. The virulence is not known.' 'The only thing is if you can avoid it.' 'Once you get COVID-19, none of it is in your control.'
The government had no option but to cut spending to meet its borrowing targets.
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