economy
Demonetisation hitting hard on Indian microfinance sector
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.
Read MoreIndustrial workers in India to get cashless payments
December 13, 2016
As India is witnessing a spurt in digital payments after high-denomination currency notes were discontinued in early November this year, the government has now made it obligatory for contractors and employers to pay industrial workers through cheques or any other form of cashless...
Read MoreDramatic slowdown of Indian GDP expected post demonetisation
December 1, 2016
Post demonetisation, some are predicting adverse effects on the Indian economy while others believe it is only for the short term.
Read MoreDemonetisation: Soiled currency bills to the rescue!
November 25, 2016
When was the last time you tried to avoid a soiled currency note or made faces when somebody tried to short-change your money with soiled notes? When was the last time people refused soiled notes that you tried to desperately get rid of? You might want to rethink now.
Read MoreLeaked memo reveals lack of planning for Brexit
November 18, 2016
A leaked memo claims that Britian is substantially prepared to withdraw from the European Union just yet.
Read MoreIshaat Hussain takes over as TCS chairman
November 11, 2016
Cyrus Mistry has been removed from his position of chairman of Tata Consultancy Services (TCS) and replaced by Ishaat Hussain as the battle between Tata Sons’ former chairman and the company intensifies.
Read MoreDonald Trump – American votes decide world’s fate
November 10, 2016
Endless predictions and speculations about the US presidential elections came to a conclusion with Donald Trump emerging as a surprise winner and was elected as the 45th president of the United States of America yesterday. While the American voters have chosen their new leader, t...
Read MoreBRICS 2016 Summit sees modest results
October 18, 2016
The 8th BRICS (Brazil, Russia, India, China, South Africa) summit, organised this weekend in Goa, India, has not recorded any significant results in order to develop the political and economic cohesion of this group of countries that is still very disparate and often having diver...
Read MoreRBI Governor announces repo rate cut in India
October 7, 2016
In a surprising announcement, current RBI Governor Urjit Patel informed the country about RBI’s decision of slashing the repo rates. The announcement for a rate cut came as the first policy statement made by Urjit Patel since he took the position of the Governor of the R...
Read MoreUrjit Patel appointed India’s new Reserve Bank of India Governor
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.
Read MoreIndians in Saudi Arabia fall victims to drop in oil prices
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...
Read MoreIndian economy may escalate by 7.8 pc in 2017
July 21, 2016
According to a recent report by the Asian Development Bank (ADB), the Indian economy may grow by 7.4 pc in the current fiscal period and by 7.8 pc in 2017, despite the challenges.
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