Peoples Democratic Party continued to play the guessing game on the issue of forming the new government with its ally Bharatiya Janata Party by saying on Friday that it cannot put a time frame for it.
Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.
Yunus, 84, was administered the oath of office by President Mohammed Shahabuddin at a ceremony at the presidential palace 'Bangabhaban'.
Against the Reserve Bank of India's (RBI's) projection of 7.1 per cent, India's first quarter (Q1) 2024-25 (FY25) gross domestic product (GDP) growth came in at 6.7 per cent. This is in line with market expectations and significantly lower than the 7.8 per cent recorded in the fourth quarter (Q4) 2023-24 (FY24) and 8.2 per cent in Q1FY24. The quarter witnessed decreased government consumption and investment spending due to the parliamentary election.
Four junior doctors are among those summoned by Kolkata police for questioning on Tuesday in connection with the murder and alleged sexual assault case of a second year postgraduate student at a government-run hospital in Kolkata last week.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
Another priority in the first 100 days could be the launch of an e-platform -- Trade Connect -- to help exporters connect with stakeholders of international trade.
