Chanda Kochhar quits ICICI Bank
AMN Facing probe into the charges of nepotism and conflict of interest, ICICI Bank managing director and chief executive officer (CEO) Chanda Kochhar today resigned on Thursday quit the bank.…
Govt hikes MSP of Rabi crop
Our Correspondent / New Delhi Cabinet Committee on Economic Affairs, CCEA, has increased the Minimum Support Price (MSP) for all Rabi crops for the current financial year which will be…
Indian-origin Harvard Professor Gita Gopinath Appointed IMF Chief Economist
WEB DESK Indian-origin Harvard University professor Gita Gopinath has been appointed chief economist of the International Monetary Fund or IMF, the international organisation tweeted. She replaces outgoing chief economist Maury…
CAIT urges Govt to amend section 411 & 412 of IPC to protect traders from harassment
AMN / NEW DELHI The Confederation of All India Traders (CAIT) has urged Union Home Minister Shri Rajnath Singh to bring amendments in Section 411 & 412 of Indian Penal…
PM inaugurates chocolate plant of Amul dairy in Gujarat
AMN Prime Minister Narendra Modi today inaugurated the state-of-the-art chocolate plant of Amul dairy at Mogar village in Anand district of Gujarat. The plant has been set up with an…
Govt exempts 35 machine parts from basic customs duty to boost mobile industry
AMN / NEW DELHI Government has exempted 35 machine parts used for manufacturing mobile phone components from the basic customs duty to promote mobile handset production in the country. According…
India will continue to buy oil from Iran, says Iran foreign minister
WEB DESK Iran’s foreign affairs minister Mohammad Javad Zarif has said that India is committed to buy oil from his country and continue the economic cooperation between two countries, reports…
RBI eases cash reserve rules to ease liquidity condition of banks
AMN The Reserve Bank of India (RBI) today eased mandatory cash requirement rules for banks to provide “durable liquidity” to the economy. RBI in a statement said banks could ‘carve…
Govt increases customs duties on 19 items
WEB DESK The government has increased Custom Duty on 19 items, including jet fuel, ACs and refrigerators to curb imports of non-essential goods. It has become operational since midnight last.…
Cabinet clears proposal to convert GSTN into govt-owned company
AMN / NEW DELHI The Union Cabinet has cleared a proposal to convert Goods and Services Tax Network (GSTN) into a government-owned company. It approved increasing the Government ownership in…