Month: December 2018
Vijay Mallya extradition: Stricter Indian rules, policies can change dynamics of economic frauds committed in broad daylight
India
December 11, 2018
Vijay Mallya extradition: Stricter Indian rules, policies can change dynamics of economic frauds committed in broad daylight
The law enforcement agencies in India breathed a huge sigh of relief on Monday as the London Westminster Magistrates Court…
‘Heather Nauert unqualified to be UN ambassador’: Rights groups ask Donald Trump admin to withdraw nomination
Economy
December 11, 2018
‘Heather Nauert unqualified to be UN ambassador’: Rights groups ask Donald Trump admin to withdraw nomination
New York: Some rights and advocacy groups have opposed President Donald Trump’s decision to nominate chief State Department spokeswoman Heather Nauert…
NITI Aayog, Heavy Industries Ministry differ over levy on two-wheelers to subsidise EVs
India
December 10, 2018
NITI Aayog, Heavy Industries Ministry differ over levy on two-wheelers to subsidise EVs
The ministry has flagged concerns to the Aayog over the introduction of a ‘Feebate’ especially on two-wheelers as it could…
RBI mulls live video KYC as alternative to biometric-based customer verification
Banking
December 10, 2018
RBI mulls live video KYC as alternative to biometric-based customer verification
Video-based KYC is a viable process and had been suggested by some technology startups. RBI wants live videos to be…
PFC not to make open offer to REC minority shareholders post acquisition
India
December 10, 2018
PFC not to make open offer to REC minority shareholders post acquisition
The Cabinet Committee on Economic Affairs on December 6 gave in-principle approval to the acquisition of the government stake in…
India’s tiger population rises, but shrinking forests raise chances of man-animal conflict manifold
India
December 7, 2018
India’s tiger population rises, but shrinking forests raise chances of man-animal conflict manifold
Asghar Ali Khan was on edge; the adrenalin-fuelled amplification of the senses that happens in the presence of a tiger…
India, Pakistan trade can increase from $2 billion to $37 billion, says World Bank
Economy
December 6, 2018
India, Pakistan trade can increase from $2 billion to $37 billion, says World Bank
The report recommends ending sensitive lists and para tariffs to enable real progress on the South Asia Free Trade Agreement.…
Facebook gave data on user’s friends to certain companies: documents
Corporate
December 6, 2018
Facebook gave data on user’s friends to certain companies: documents
The 223 pages of internal communication from 2012 to 2015 provide new evidence of previously aired contentions that Facebook has…
Indian telecom sector brutally challenging, yet offers ample opportunities, says senior govt official
India
December 6, 2018
Indian telecom sector brutally challenging, yet offers ample opportunities, says senior govt official
The “brutally challenging” Indian telecom market has only seen the beginning of many disruptions, yet it offers ample growth potential…
Believe it or not! The cost of making Re 1 coin is Rs 1.11
India
December 6, 2018
Believe it or not! The cost of making Re 1 coin is Rs 1.11
Indian Government Mint (IGM) Mumbai revealed that Rs 10, Rs 5, Rs 2 and Re 1 are currently minted by…
Farmer destroys brinjal plantation in despair after receiving 20 paisa per kg for produce
India
December 4, 2018
Farmer destroys brinjal plantation in despair after receiving 20 paisa per kg for produce
The cultivator said he now owes dues worth over Rs 35,000 to fertilisers and pesticides supplier. Driven to despair by…
Karnataka to set up a statutory body to remove legal hurdles for start-ups
Startup
December 3, 2018
Karnataka to set up a statutory body to remove legal hurdles for start-ups
With ‘Innovate Karnataka’ as the theme of this edition, the focus is around start-ups in blockchain, AI, ML & Robotics,…
Outlook on Indian banks stable as economic growth prospects remain healthy amid weak asset quality: Moody’s
Banking
December 3, 2018
Outlook on Indian banks stable as economic growth prospects remain healthy amid weak asset quality: Moody’s
Moody’s Investors Service Monday said it has a stable outlook on the Indian banking system for the next 12-18 months…