Three Final Offers Received for PMC Bank Resolution, Says RBI Governor Shaktikanta Das

Dixit, in his letter to customers and shareholders dated January 18, 2021, wrote that initially, four investors had shown their interest but three went ahead with the further process. Sanjhi Soch buero :Three investors have...

Foreign Exchange Reserves Jump $ 4.85 Billion to Record $ 590.18 Billion

In the previous week ended January 22, the reserves rose by $ 1.09 billion to $ 585.33 billion. Sanjhi Soch buero :The country's foreign exchange reserves rose $ 4.85 billion to touch a record high...

Govt May Announce Formulation of Policy for Toys Sector in Budget 2021

The govt said the policy will help in creating a strong ecosystem for the industry in the country and also attract startups. Sanjhi Soch Beauro –The government may in the Budget next week announce the...

Exports Slide In Dec 2020, Trade Deficit Widens By 25%

The commerce ministry data also revealed in December that trade deficit widened by 25.78% at $15.71 billion, as compared to the trade deficit of $12.49 billion. Sanjhi Soch Beauro –The country's exports have declined marginally...

Trump Extends Freeze On H-1B, Other Work Visa Till March; Indian IT-Professionals To Be...

The freeze on various categories of work visas was ordered by Trump through two proclamations on April 22 and June 22 last year. Sanjhi Soch Beauro –The United States President Donald Trump has extended the...

Economic Survey 2021 To Be Unveiled Today: Budget Session Set For A Rocky Start...

The budget session will begin with the President's address followed by the presentation of the Economic Survey, however, several opposition parties have already  announced that they will be boycotting the address. Sanjhi Soch Beauro –Economic...

Edutech Startup Byju’s To Buy Aakash Educational Services In $1 Billion Mega Deal

Byju's, which is currently valued at $12 billion, is one of India's leading edutech startups backed by global names including Mark Zuckerberg, Mary Meeker and various investing giants. Sanjhi Soch Beauro –Online education startup Byju's...