The National Company Law Appellate Tribunal (NCLAT) declined to grant interim relief to Google that sought a stay on Competition Commission of India’s (CCI) penalty of Rs 936.44 crore on…
Category: Economy
‘Crisis is intensifying’: World Bank warns of a global recession in 2023
The World Bank on Tuesday warned of a recession in 2023 and said a sharp, long-lasting slowdown is expected to hit developing countries hard. It said global growth is slowing…
India better positioned to navigate global headwinds: World Bank
India’s economy has demonstrated resilience despite a challenging external environment, the World Bank said on Tuesday. The World Bank has revised its 2022-23 GDP forecast upward from 6.5 per cent in October…
Why is Joshimath sinking? Big projects, rampant construction, extreme weather worsened situation
The holy town of Joshimath has plunged into a full-blown crisis after houses and roads developed cracks due to land subsidence. So far 678 houses have developed cracks and 81…
ICICI-Videocon loan fraud case: Chanda Kochhar, husband Deepak released from jail
Former ICICI Bank MD and CEO Chanda Kochhar and her businessman-husband Deepak Kochhar were released from jail on Tuesday morning. This came after the Bombay High Court ordered their bail,…
Does writing anything on a bank note make it invalid? Govt responds to viral message
Does writing anything on a bank note make it invalid? The Government, through Press Bureau of India (PIB) Fact Check unit, on Sunday clarified that bank notes with scribbling are…
ICICI Bank-Videocon loan fraud: Bombay High Court grants bail to Chanda, Deepak Kochhar
The Bombay High Court has ordered the release of former ICICI Bank MD and CEO Chanda Kochhar and husband-businessman Deepak Kochhar, who were placed under judicial custody after CBI arrested…
‘Don’t study on Sundays…’: FM Sitharaman to young students in Kota
Finance minister Nirmala Sitharaman advised young students to concentrate on their current activities and take off on Sundays. “More jobs will be created, the concern is right, but it shouldn’t…
Growth in real GDP during FY23 estimated at 7%
The Central government released its first advance estimates of GDP to serve as essential inputs to the Budget exercise. According to the first advance estimates by the National statistical Office…
RBI to issue green bonds worth Rs 16,000 cr in two tranches in Jan, Feb
The Reserve Bank of India (RBI) has said that sovereign green bonds (SGrBs) worth Rs 16,000 crore will be auctioned in two tranches in January and February. The central bank…