News – Biz@India

Urjit Patel appointed India’s new Reserve Bank of India Governor

Urjit Patel appointed India’s new Reserve Ba...

August 22, 2016

The current #Deputy Governor of the #Reserve Bank of India (RBI), Urjit Patel, will become the 24th Governor of the Indian central bank on 4th September this year. He succeeds #Raghuram Rajan. His appointment will end two months’ speculation about Raghuram Rajan’s successor.

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Indian Institute of Technology Kharagpur completes 65 years

Indian Institute of Technology Kharagpur completes...

August 21, 2016

Founded as Easter Higher Technical Institute, and later renamed as Indian Institute of Technology, India’s best technology institution began its journey in 1950. The first foundation stone was laid at Kharagpur in West Bengal, Eastern India, paving the way for many other IITs a...

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Kashmir remains the flash point between India and Pakistan

Kashmir remains the flash point between India and ...

August 17, 2016

Well embroidered carpets, fine pashmina shawls and fragrant saffron evoke sweet memories of Kashmir across the globe. Yet Jammu and Kashmir state (North India) is in news on account of terror attacks, protest by locals, and human right violations. Also, Kashmir has been the flash...

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FIR filed against Amnesty International in Bangalore

FIR filed against Amnesty International in Bangalo...

August 17, 2016

Amnesty International India, a prominent human rights advocacy group, has been booked by the Indian police for the alleged participation of some of its members in seditious activities at an event organised recently by the group in Bangalore (capital of the Indian South West state...

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Indian PM Modi speaks on Terrorism on Independence Day

Indian PM Modi speaks on Terrorism on Independence...

August 16, 2016

Indian Prime minister Narendra Modi gave a 90 plus minute long speech on Indian Independence Day that made clear the government’s stance on violence and terrorism with special relation to Pakistan, drawing reactions from within the country and outside.

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Facebook to launch Express Wi-Fi in India

Facebook to launch Express Wi-Fi in India

August 12, 2016

With the increasing number of smartphone users in India, the internet potential is also growing. After the failure of ‘Free Basics’, Facebook has yet another opportunity to bring internet access to all by aiming to launch express Wi-Fi in the country.

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Goods and Services Tax bill in India gets a go-ahead

Goods and Services Tax bill in India gets a go-ahe...

August 10, 2016

Ever since the first proposal of the Goods and Services Tax (GST) Bill in India in 2005, there has been a lot of delay and amendments. But after years of revisions, after the Bill was passed by Indian Parliament, it finally gives way to make all transactions liable to a unified t...

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Raghuram Rajan presents his last monetary policy

Raghuram Rajan presents his last monetary policy

August 8, 2016

Amidst the high expectations and a turbulent fiscal reaction in India in terms of rising inflation, Raghuram Rajan prepares to deliver his last monetary policy as the Governor of Reserve Bank of India (RBI) tomorrow. However, the government of India still manages to keep a secret...

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Indians in Saudi Arabia fall victims to drop in oil prices

Indians in Saudi Arabia fall victims to drop in oi...

August 3, 2016

Thousands of jobless Indians are grounded in Saudi Arabia after losing their jobs to the fall in oil prices that hit the Gulf region and its economic activities this year. The Indian government is working to evacuate its people who are being denied both their pays and passports b...

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Indemnity for small tea growers in India

Indemnity for small tea growers in India

August 2, 2016

The Group Personal Accident Insurance Scheme for small tea growers launched by the Tea Board of India followed by the Parliament speech by Nirmala Sitharaman, the Indian Minister of State for Commerce & Industry, received a welcoming response from small tea growers of various tea...

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