Daily Archive: Thursday, February 2, 2017

2 Feb 2017

INSEAD world’s best B-School, ISB tops the list from India, says FT rankings

The Indian School of Business (ISB) took the first place among top B-schools securing the 27th position in global ranking. It shot past the Indian institute of Management (IIM) Ahmedabad which has toppled to the 29th position,
2 Feb 2017

Neeti Mohan to collaborate with UN for a music album

Neeti Mohan has become the first Indian female singer to collaborate with the United Nations on a project aimed at empowering women, ending human trafficking and promoting gender equality. The singer’s composition called ‘Udne de’, which was
2 Feb 2017

Govt to set up dairy development fund with corpus of Rs 8,000 cr

To augment income of farmers, budget has proposed setting-up of a Dairy Processing and Infrastructure Development Fund with a corpus of Rs 8,000 crores over three years. “Dairy is an important source of additional income for the
2 Feb 2017

Rs. 10,000 cr allocated in Union Budget for PSB recapitalisation

The Union Budget has allocated Rs 10,000 crore towards recapitalisation of public sector banks in FY2017-18. Finance Minister Arun Jaitley said additional allocation will be made as and when required. “As per the Indradhanush plan, the public
2 Feb 2017

Government proposes Payments Regulatory Board in RBI

Finance Minister Arun Jaitley today proposed creation of a six-member Payments Regulatory Board in the RBI, headed by its Governor, as part of bringing about structural reforms in the payment eco-system. For the purpose, necessary amendments are
2 Feb 2017

What’s Costly and What’s Cheap: Find out how Budget 2017 will affect your pocket?

Answering the expectations of the 1.2 billion Indians, Finance Minister Arun Jaitley presented the Union Budget 2017 in the Parliament today. While expert analysis and opinions are already underway with even PM lending his support by terming
2 Feb 2017

National carrier Air India to get Rs. 1,800 cr from govt in 2017-2018

National carrier Air India will receive Rs 1,800 crore as equity infusion in 2017-18 under the government’s ongoing financial assistance and the amount is slightly higher than the allocation for this fiscal. The allocation has been made
2 Feb 2017

Nik Khanna appointed as India Managing Director of BAE Systems

Nik Khanna was appointed as the Managing Director (MD) of BAE Systems’ India operations with effect from 1 February 2017. He is taking charge of the BAE Systems shortly after the company was awarded a contract from
2 Feb 2017

Government to launch TIES to fund export infrastructure

A new scheme will be launched in 2017-18 to create infrastructure for export, a move aimed at reducing transaction costs for traders.”A new and restructured central scheme with a focus on export infrastructure, namely, Trade Infrastructure for
2 Feb 2017

Kuwait suspends issuance of Visa for travellers from five major Muslim countries

Kuwait has suspended the process of issuing visas for travellers belonging to five major Muslim countries including Pakistan, Iraq, Iran, Syria and Afghanistan in order to prevent the entry of radical Islamic terrorists. This order closely follows
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