Six years after de-monetizing high-value currencies to stamp out circulating black money and curb the growth of the parallel economy, anecdotal evidence shows people are still paying or accepting black money in real estate transactions, a survey found. “People are
UAE-based bank Emirates NBD on Monday announced an additional $100 million investment in its India operations, adding two more branches in Chennai and Gurugram. The lender, which has the largest presence in the Middle East, has so far invested $300
Several experts believe that Britain’s exit from the European Union in 2016 is one of the reasons for the ongoing economic crisis. Businesses in the UK lost full access to European markets, resulting in huge losses. It also caused the
An investigation by a UK-based media outlet has uncovered India-based online hackers illegally targeting the email accounts of hundreds of high-profile government and private figures around the world, including in Pakistan. The Sunday Times report claimed that the list
There is no need to panic if India does not grow at a certain target growth rate to be classified as a developed country, the union’s finance secretary, TV Somanathan, said on Saturday. However, India has a demographic nanowindow to
Palghar Police on Saturday filed a First Information Report (FIR) against Mumbai-based gynecologist Anahita Pandole for rash and careless driving that led to the death of billionaire investor Cyrus Mistry. The police case was registered after testimony was taken by
Reliance Industries Ltd (RIL) has appointed veteran banker KV Kamath to its Board of Directors as an independent director for five years. Kamath, who was Chairman and previously MD & CEO of ICICI Bank, is currently Chairman of the National
Ajit Mohan, the head of Meta India, has resigned from the social media company, Meta announced on Thursday. He’s joining competitor Snap, the parent company of social media app Snapchat. “After almost 4 years at the helm of Meta (Facebook)
In India’s quest to make doing business easier, the country was ranked first out of a total of 85 nations for low manufacturing costs, even ahead of neighboring China and Vietnam. The country was ranked 31st in the overall ranking
The consolidated loss after tax of Vodafone Idea rose to Rs.7,595.5 crore in the three months ended September 2022 (Q2) from Rs.7,296.7 crore in the same period a year ago. The company announced that its subscriber base fell to 234.4