Yes Bank’s non-executive Chairman Ashok Chawla resigns

Yes Bank on Wednesday said that its non-executive independent part-time Chairman Ashok Chawla has resigned with immediate effect. “Yes Bank announces that Shri Ashok Chawla, non-executive independent part-time chairman, has tendered his... Read more »

Binny Bansal resigns as Flipkart CEO

Indian e-tail major Flipkart Group’s Chief Executive Officer (CEO) Binny Bansal resigned from the post on Tuesday, the company said in a statement. “Binny Bansal announced his resignation as the CEO of... Read more »

India emerges as leading seed hub in Asia: Study

India has emerged as a major seed hub in Asia, with four Indian seed companies featuring in top 10 of the first ever “Access to Seeds Index for South and Southeast Asia”,... Read more »

Banks need to be strengthened to drive economic growth: Finance Minister Arun Jaitley

Finance Minister Arun Jaitley on Sunday said that the banking system needed to be strengthened to meet the market’s liquidity requirements and drive economic growth. Jaitley was speaking via video-conference at an... Read more »

Cabinet okays inviting foreign national oil companies to fill Padur reserves

The Union Cabinet on Thursday approved filling of Padur Strategic Petroleum Reserves (SPR) at Padur, Karnataka by overseas national oil companies in order to strengthen the oil reserves in the country. “As... Read more »

RBI listens to government, but takes decisions only for national interest: Raghuram Rajan

Acknowledging that the Reserve Bank of India (RBI) listened and considered all proposals of the Central government, former RBI Governor Raghuram Rajan said the apex bank always took decisions based on national... Read more »

Time now to breathe life into the country’s languishing business environment

By Amit Kapoor In a refreshing change of pace for the government, which has been reeling under challenging economic circumstances of late, the release of the World Banks Doing Business report last... Read more »

Goa Minister advocates Hong Kong type casino strip

Offshore casinos parked in Goa’s Mandovi river should be disbanded and the Panaji coastline should be developed with an onshore casino strip as a hub, on the lines of the Hong Kong... Read more »

Bengal to add 100 acres to Silicon Valley Hub in Kolkata: Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee on Saturday said the state government would add another 100 acres to the Silicon Valley Hub in the city after getting an overwhelmed response from four... Read more »

India expected to get waiver from US sanctions against oil importers 

US President Donald Trump is expected to grant India an exemption from the sanctions against buying oil from Iran when the waivers will be announced on November 5. Secretary of State Mike... Read more »