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Exports rose by 2.29% in November, trade defict at two-year high at $13 billion

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Exports rose by 2.29% in November, trade defict at two-year high at $13 billion

NEW DELHI(PTI): Exports rose for the third straight month in November, recording a growth of 2.29%, though the trade deficit shot up to about two-year high of $13 billion mainly due to increase in gold imports. Exports of engineering products rose by 14.10%, petroleum by 5.73% and chemicals by 8.3% compared to the same month […]

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Govt announces two schemes to reward cashless payment adopters

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Govt announces two schemes to reward cashless payment adopters

The government has launched two schemes, one each for customers and merchants, to incentivise digital payments in the country. NITI Aayog Chairman Amitabh Kant, while making the announcement, said, “The government has initiated numerous steps to combat the scourge of corruption and black money in the last two and a half years. There has been […]

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RBI Chief Urjit Patel shown black flags by TMC supporters in Kolkata

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RBI Chief Urjit Patel shown black flags by TMC supporters in Kolkata

Kolkata(PTI):Reserve Bank of India (RBI) governor Urjit Patel, who was in Kolkata to conduct the central board meeting following demonetization, was shown black flags by Trinamool Congress supporters outside the regional RBI office in the city. TMC supporters sporting black flags and shouting slogans ‘Go back Urjit’ staged a demonstration outside the RBI office. Later, […]

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American Express Co. said it will offer 20 weeks of paid leave to any U.S. employee

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American Express Co. said it will offer 20 weeks of paid leave to any U.S. employee

Washington DC(AFP): In a move to boost recruitment and retention while keeping up with the corporate Joneses, American Express Co. said it will offer 20 weeks of paid leave to any U.S. employee of either gender who has a child through any means, including adoption and surrogacy. Birth mothers will get an additional six to […]

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IBM promises to hire around 25,000 Americans over 4 years

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IBM promises to hire around 25,000 Americans over 4 years

IBM Chief Executive Ginni Rometty pledged to hire and train workers in the United States as she and other technology executives prepared to meet on Wednesday with US President-elect Donald Trump. “We have thousands of open positions at any given moment, and we intend to hire about 25,000 professionals in the next four years in […]

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Old Rs 500 notes not acceptable for transaction from tomorrow mid-night: Govt

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Old Rs 500 notes not acceptable for transaction from tomorrow mid-night: Govt

NEW DELHI(PTI): People can use old Rs 500 notes for paying utility bills or buying medicines till tomorrow mid-night as the government has decided not to extend exemptions beyond December 15. At the same time, mobile recharge facility with old Rs 500 notes will not be available. However, people can deposit invalid Rs 500 currency […]

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Cyrus Mistry voted out as director of Tata Consultancy Services

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Cyrus Mistry voted out as director of Tata Consultancy Services

MUMBAI: Tata Sons crown jewel Tata Consultancy Services (TCS) on Tuesday announced the removal of Cyrus Mistry as the company director. 93.11% of the shareholders voted for his ouster. The extraordinary general meet (EFM) commenced at 3:30 pm in Mumbai’s Yashwantrao Chavan Pratishthan Auditorium, by independent director Aman Mehta who said that the removal of […]

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Why PM Modi’s December 30 deadline could cost BJP

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Why PM Modi’s December 30 deadline could cost BJP

NEW DELHI,ARGHYA ROY CHOWDHURY : “I have done my calculations. Your problems will be eased post December 30”, assured PM Modi at a rally in Gujarat. This deadline of things going back to normal is probably the only thing Modi has kept constant since the demonetization decision was announced on November 8. “Give me 50 […]

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LinkedIn professionals Top Voices of the 2016 around the world, PM Modi included as top writer

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LinkedIn professionals Top Voices of the 2016 around the world, PM Modi included as top writer

New York City, Daniel Roth: One of my favorite quotes about writing comes from Flannery O’Connor. Explaining why she doesn’t prepare outlines of her work, she said it’s because she can’t. “I don’t know what I think until I see what I say,” she said. Top writers: Narendra Modi, Anne-Sophie Pic and Sallie Krawcheck. (Photos: […]

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Cyrus Mistry removed as Director of Tata Industries at shareholders’ meet

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Cyrus Mistry removed as Director of Tata Industries at shareholders’ meet

Amid ongoing battle at India’s largest conglomerate, Cyrus P Mistry was on Monday removed as the Director of Tata Industries at shareholders’ meet, reported ANI. Mistry was voted out at the EGM or Extraordinary General Meeting of the Tata Industries. Tata Sons, on Sunday, charged Mistry with misleading the committee to get selected as Chairman, […]

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