Stay Connected. Stay Informed.
The Rupee settled flat at 82.98 against the dollar on February 2, a day after rising six paise on the day of the Union Interim Budget. | Photo Credit: The Hindu The Rupee depreciated four paise to 83.02 against the U.S. dollar in early trade on February 5, tracking a strong American currency and rising…
Read More “Rupee falls four paise to 83.02 against U.S. dollar in early trade” »
Chief Economic Advisor to the Government of India, Dr. V Anantha Nageswara. | Photo Credit: SRINATH M With the economy regaining momentum, it is time for fiscal policy to step back, Chief Economic Adviser V. Anantha Nageswaran told The Hindu, explaining the interim Budget for 2024-25. Identifying some of the next generation reforms needed in…
Read More “States to play a critical role in next generation reforms: CEA Anantha Nageswaran” »
Ashish Saraf, vice-president and country director, Thales India. French electronics major Thales is significantly expanding its investments as well as sourcing from India. A joint venture, Thales Reliance Defence Systems Ltd., in Nagpur is now the Group’s global production centre for airport navigational aids, while Bharat Electronics Limited-Thales Systems in Bangalore manufactures high-tech products such…
Mr. Arvind Jadhav, former CMD of Air India. File. | Photo Credit: PAUL NORONHA The CBI has filed a charge sheet against the then CMD of Air India, SAP India and IBM in connection with alleged irregularities in procurement of software worth ₹225 crore by the national carrier in 2011, officials said on Sunday. The…
Read More “CBI charge sheets former Air India CMD, IBM & SAP in software purchase irregularities” »
Recognizing the significance of preparedness, this article delves into the necessity of having a crisis management plan to protect and future-proof your brand. It’s not just about averting potential disasters; it’s about strategically navigating through them to maintain trust and integrity with your audience. The article aims to unfold the layers of crisis management, from…
Read More “Why Your Business Needs A Crisis Management Plan: Safeguarding Your Brand’s Future” »
Exporters are worried that high freight cost could impact exports. Representational | Photo Credit: PTI There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are taking a long route. “There is…
Son of a schoolteacher from Aligarh district in Uttar Pradesh, Vijay Shekhar Sharma was enamoured by Jack Ma-run Alibaba’s focus on smartphones rather than desktop computers, when he built a digital payments company that would let Indians pay for vegetables, pay utility bills or buy cinema tickets using their mobile phones. Mr. Sharma, the poster…
Read More “Paytm Payments Bank meltdown, its meaning | Explained” »
Paytm app is seen on a smartphone in this illustration image. File | Photo Credit: Reuters Traders’ body CAIT on February 4 issued a cautionary advisory to traders to switch from Paytm to other payment options for business-related transactions following RBI curbs on Paytm wallet and bank operations. “The Reserve Bank of India has imposed…
The Danish photographer Søren Solkær released his photographic monograph Starling on December 26, 2023. It is an exploration of starlings, which are passerine (perching) birds belonging to the family Sturnidae. A starling is a fairly unremarkable bird in isolation, but when starlings swarm, thousands of them come together to form a swirling, undulating cloud –…
Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha on February 2, 2024. Photo: Sansad TV via ANI The story so far: Union Finance Minister Nirmala Sitharaman announced during her Budget speech that the Centre would reduce its fiscal deficit to 5.1% of gross domestic product (GDP) in 2024-25. She further added that the fiscal…
Read More “Why is fiscal consolidation so important? | Explained” »