Banks Indian Subcontinent Jobs Market

Pursuit HSBC Barclays Citi bank also Exit retail business from Indian soil

Citigroup on  Thursday exploded bomb in financial market after it said that it was exiting its retail business in India and 12 other countries across Asia and parts of Europe, to focus on wealth management business, as it lacked the scale to compete in the retail space.   The decision to exit retail businesses from Read More…

Banks BJP DMK Indian Subcontinent Industries Jobs Market

India inflation reaches 5.03% mounts pressure to Modi government for Fuel tax cut

India’s retail inflation surged to a three-month high of 5.03 per cent in February, as against 4.06 per cent in the previous month, as petrol and diesel prices rose sharply.  While the consumer price index-based fuel and light inflation rate stood at 3.53 per cent in the month compared to 3.82 per cent in January.  Read More…

BJP Corona Virus Indian Subcontinent Jobs Market Opinion

Indians Job Loss resulted 13 Lakhs Crores Rs income during Pandemic : UBS Securities

Economists at UBS Securities India led by Tanvee Gupta Jain said the economy could slow by mid-2021 as households that lost incomes during the pandemic could drag consumption with a lag   Households have lost a whopping Rs 13 lakh crore of their incomes from the pandemic-induced job losses, according to a report that also Read More…

BJP Indian Subcontinent Industries Market

Cooking Gas steep hike tantamount to zeroing of subsidise amount

BJP led Modi Government seems to be in no mood to subsidise the price of common man’s cooking gas which like the price of auto fuels petrol and diesel has maintained consistent increase for past few months   The price of domestic 14.2-kg LPG cylinder was increased by Rs 25 on Thursday, the third increase Read More…

Companies Industries Market Technology

UNPRECEDENTED – NSE Trading was halted at 11:40 am on 24 Feb 2021

India’s largest stock exchange, the National Stock Exchange (NSE), on Wednesday abruptly shut its cash and derivatives segment following a glitch which froze stock prices.   In an unprecedented move NSE Trading was halted at 11:40 am. Stock and index prices had stopped updating from 10:08 am, said market participants   “NSE has multiple telecom Read More…

Indian Subcontinent Industries Market

FM Nirmala admits she is in ” ‘Dharma Sankat’ over rising Fuel prices

Union Finance Minister Nirmala Sitharaman on Saturday admitted that she is in a ‘Dharma Sankat’ (dilemma) situation due to rising petrol and diesel prices.   Responding to a question, post discussion on the Union Budget at Chennai Citizen’s Forum, on whether the rise in petrol price will be brought under control, the Union Finance Minister Read More…

Market Women World

Okonjo Iweala First women to be Next Director General WTO

Okonjo Iweala, 66, is a global finance expert, an economist and an international development professional with over 30 years of experience working around the world.   Twice served as Nigeria’s finance minister and briefly acted as foreign minister, she has a 25-year career at the World Bank, including as Managing Director of Operations.   WTO Read More…