The RBI working group's proposal to allow corporate houses to set up banks is a "bombshell" and at this juncture, it is more important to stick to the tried and tested limits on involvement of business houses in the banking sector, according to an article jointly written by former RBI Governor Raghuram Rajan and ex-Deputy Governor Viral Acharya. They also said that the proposal is "best left on the shelf".
Following their passion paid off for Harsh Jain and Bhavit Sheth with their fantasy sports platform Dream11 entering the unicorn club with a valuation of over $1 billion.
India's growth presents a win-win partnership for the country and the US, and American companies have a great opportunity to contribute to that, Modi told the CEOs.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
The Surat diamond industry is likely to face a loss of around Rs 8,000 crores in next two months as Hong Kong, which is a major export destination, has declared a state of emergency due to the coronavirus outbreak in China, say experts. Hong Kong is a major business hub for the Surat diamond industry, but schools and colleges have been closed there till the first week of March and even businesses are seeing a dip in view of the outbreak of the novel coronavirus.
Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.
Though Nobel Prize nominations have been a secret for 50 years, speculation abounds over the contenders for this year's prize in economics.
UNICEF India has teamed up with social media influencers to raise awareness about menstrual hygiene.
Nomura Group Study found that in 2019, out of the fifty-six companies which shifted their production out of China, only three of these invested in India; while 26 went to Vietnam, 11 to Taiwan, and 08 to Thailand. In April 2020, Nikkei noted that out of the 1,000 firms which were planning to leave China and invest in Asian countries, only 300 of them were seriously thinking of investing in India.
Viren Rasquinha, who is the CEO of Olympic Gold Quest, stressed on the importance of sports psychologists for athletes in the run-up to the Tokyo Olympics, which has been postponed to next year.
What inspires Designer Amit Aggarwal and why is his flagship Mumbai store so special?
In an online chat with readers, Sri Akella, director of Dream Seekers Academy shared advice on how to pick the right international course and career.
Four enterprising women tell us how they tackled bias and criticism to create a niche for themselves and are now leading their businesses.
India's ranking is worst among the five BRICS countries
Dr Murthy, 43, a former United States Surgeon General, along with two other co-chairs -- Dr David Kessler and Dr Marcella Nunez-Smith -- would lead a team of leading public health experts who will advise Biden and Vice President-elect Kamala Harris on the deadly virus.
The Adhyayan Quality Standard engages schools in self-review to improve education standards, says Anjuli Bhargava.
Lancashire County Cricket Club are aiming to win the hearts of Indian fans as they look to build on a record-breaking financial year despite the impending impact of the coronavirus pandemic. Signing Indian players would be an obvious route to popularity and although the IPL Twenty20 league has restricted Indian players from playing in T20 competitions abroad, players can still play in first-class cricket in England.
India needs foreign exchange buffer reserves to insulate itself from exchange rate volatility as we have "no friends" for swap lines and Japan was the only country that helped during the taper tantrum in 2013, former RBI Governor Raghuram Rajan said on Tuesday. Participating in a virtual event organised by economic think tank NCAER, Rajan said during the taper tantrum in 2013, India asked for swap lines, and only country who helped was Japan. "We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends.
Rathika Ramaswamy's love affair with wildlife photography began in 2003, when she took pictures of birds at the Bharatpur bird sanctuary. That love affair -- captured in her lens -- bloomed! And how!
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
He was number three in 1999 when the company was founded.
Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.
'I consider myself a pilgrim who is here to shape tomorrow.'
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
He may make a comeback as co-chairman at India's second largest software exporter.
'Ideally, children should go to a university if they know what they want to gain from it, not because everyone else is going.'
Roshni, also a trained classical musician, came on the board of HCL Technologies in 2013 and was vice chairperson. Shiv Nadar would continue to be MD of the company with designation as chief strategy officer.
Not much is heard or read about Sun Pharma's media-shy owner.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
Tennis star Maria Sharapova said on Tuesday she is excited about her return to competition next month, feeling vindicated by the reduction of her doping suspension and empowered by her time away.
This 22-year-old from Bengaluru hopes to bring home the Miss Universe crown after 16 years! Do you think she will succeed?
The last thing the country needs in a globalising and technologically advancing international business environment is a poorly educated workforce.
Viswanathan Anand was to return to Chennai on Monday after competing in the Bundesliga Chess League but had to stay back near Frankfurt given the travel restrictions, his wife Aruna said. Anand, who is set to don the commentator's hat for the FIDE Candidates tournament that begins in Yekaterinburg, Russia to spot the challenger to world champion Magnus Carlsen, will handle the role from his present location.
An increasing number of b-school graduates are exploring tea-based services and products for businesses and some of them have tasted success too.
Restaurants with 50 per cent capacity, weekly markets and religious places will reopen in Delhi from June 14, Chief Minister Arvind Kejriwal announced on Sunday, saying the COVID-19 situation has significantly come under control in the city.
By picking all 10 wickets, Ajaz Patel joined Jim Laker and Anil Kumble.
'We look forward to providing great customer experiences in India.'
The Biden Administration on Monday said it was now focused on completing its evacuation mission from Afghanistan by August 31, the deadline for removing all American troops from the country.
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