Special Investigation Team to unearth black money
The Government of India has decided to constitute a Special Investigation Team, SIT, to unearth black money stashed in banks in the foreign countries. Briefing
Business
New airline AirAsia India gets licence to fly
AirAsia India, the joint venture between AirAsia and Tata Group, has got license to start their operations in India. The DGCA today issued air operator
No penalties on customers not maintaining minimum balance in banks in India
The Reserve Bank of India today asked banks not to levy penalties on customers who don’t maintain a minimum balance in any inoperative account, as
Financial decisions are made on an emotional basis
The willingness of decision makers to take risks increases when they play games of chance with money won earlier. Risk taking also rises when they
India second among world tea producers – Dubai Tea Forum
More than three billion cups of tea are served every day around the world and a large share comes from the developing world and the
India is a difficult place to do business, says Jim Young Kim
The World Bank President Jim Young Kim said in Washington that the private sector strongly feels that India is a difficult place to do business
Remittances & money transfer to India up
The UAE Exchange, one of the global money transfer brands has said its total remittances business into India witnessed a growth of 6.44 per cent
Indian government to raise 3,000 crore rupees for its disinvestment plan
The Indian government has launched an exchange-traded fund of central public sector enterprises, to raise 3,000 crore rupees for its disinvestment plan. This is an
India & China hold 3rd round of Strategic Economic Dialogue in Beijing
India and China held their third round of the Strategic Economic Dialogue in Beijing. Officials said, focused discussions on collaboration in a number of areas,
Bharatiya Mahila Bank opens in Shimla
The first branch of Bharatiya Mahila Bank was opened in Shimla. It was inaugurated by Mrs. Usha Anantha Subramaniam, the Chairperson and Managing Director of