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News – Biz@India

Further monetary reforms in the offing in India

December 26, 2016

If it was not enough to stand and sweat in long, serpentine queues for exchanging and withdrawing your money post-demonetisation, the government of India is planning further moves to turn the economy cashless. Execution remains the key.

Demonetisation hitting hard on Indian microfinance...

December 23, 2016

Demonetisation has affected the debit-credit culture of the entire nation. Urban and rural poor of India are both suffering the heat, but in their own ways.

Indian economy overtakes British: Another Take

December 22, 2016

Forbes magazine has caused a frenzy by reporting that the Indian economy has grown a notch, leaving the United Kingdom behind in its wake. While the Indian press has vivaciously welcomed the report, it might be a tad early to reach conclusions.

Income Tax Dept raids top Tamil Nadu bureaucrat

December 22, 2016

Income tax raids on Tamil Nadu’s senior-most bureaucrat, Chief Secretary, P Ram Mohan Rao, conducted on December 21, shook the power centres in the state. Raids were conducted at his Anna Nagar residence in Chennai and other properties in Tamil Nadu, Andhra Pradesh and Karnatak...

Election Commission advocates monetary reforms for...

December 21, 2016

While a lot has gone on since discontinuing the high currency bills in India, the government is yet to take any measure on anonymous donations to political parties. Election Commission has now suggested a way forward by introducing cashless party funding.

Brexit presents jeopardy for Goans in Britain

December 21, 2016

Goa, in western India, is associated with beaches, fun and revelry round the year. Goan residents of the former Portuguese colony had extended their parties first to Portugal and later the European Union.

India to benefit as global airline industry gears ...

December 20, 2016

While the global airline industry is poised to witness the all-time highest absolute profit in 2016, India with its new civil aviation policies emerges to be a wealth of opportunities over the next year.

Indians now the largest international migrant grou...

December 19, 2016

With globalisation and technology bridging the gap between diverse ends of the world, more and more people are now migrating, possibly with the idea of self-development. A recent research has shown that Indians are leading the line of international migrants, leaving behind Mexica...

Maharashtra receives highest foreign investment in...

December 17, 2016

Maharashtra has acquired the highest Foreign Direct Investment (FDI) in India as of this financial year, with almost half of country’s share, reveals Industries Minister, Subhash Desai.