Category Archives: Economy

Arijit Basu takes over as State Bank of India MD

Banking professional Arijit Basu has taken over as a new Managing Director of State Bank of India (SBI), an official said on Monday. A deputy MD of the SBI and a former MD and CEO of SBI Life Insurance Co, Basu will be in the

Farmers’ income increasing

The PM on Wednesday said the income of farmers in the country increased, and also doubled in many cases, due to various initiatives taken by the Central government. During his interaction with select farmers from the various parts of the country through “Narendra Modi App”,

Redefining India’s Identity

Prime Minister Narendra Modi’s favourite Smart Cities Mission, which aims at upgrading the standard of infrastructure of growth in various cities to world class level, is also about making inhabitants of any city joyful through a highly upgraded administrative system and services. A cursory glance

Railways’ first waste-to-energy plant faces GST hurdles

Indian Railways’ long-awaited and ambitious project to set up a waste-to-energy plant at Jaipur railway station has run into Goods and Services Tax (GST) hurdles, causing a delay in the commissioning of the first such municipal solid waste management centre on the rail network. Though

General V.K Singh (retd) inaugurates 16 projects in Ghaziabad

Minister of State for External Affairs Gen. V K Singh (retd), who is the Ghaziabad MP, on Thursday inaugurated 16 projects of the Ghaziabad Development Authority (GDA) worth Rs 47.46 crore. The projects included the opening of wide u-turn at Raj Nagar Extension crossing after

Caution over macro-data, global cues subdue equity indices

Caution ahead of macro-economic industrial production and inflation data points subdued the key indices of the Indian equity market to trade on a flat-to-positive note during the early morning session on Tuesday. According to market observers, “event risks” associated with the meeting between US President

Economists React to Strong Jobs Report: United State

DOMESTIC JOB GROWTH rebounded last month after a lackluster April, as the unemployment rate ticked down to its lowest level in more than 18 years, according to a report published Friday by the Bureau of Labor Statistics. At 3.8 percent, the national unemployment rate is