Economic News
Grasim appoints Pavan Jain as new Chief Financial Officer
Jain’s appointment as the new CFO comes on the basis of his exceptional track record and recommendations from the Nomination and Remuneration Committee and Audit Committee of the company. He will be replacing Ashish Adukia in the coming months.
Government rejects criticism against Agnipath amidst raging protests in several states; issues clarification
Apart from issuing a 'Myth vs Facts' document to address the concerns raised on the scheme, the government's information dissemination arm issued a series of social media posts, saying in the coming years, recruitment of Agniveers will be around triple the current recruitment in armed forces and ruled out any change to the regimental system.
Indian-origin doctor gets four years in jail for raping woman he met on Tinder
Manesh Gill, a doctor of Indian roots from the UK, was sentenced to four years for raping a woman he met on a dating app three years ago. Gill says that the sex was consensual.
Congress seeks action against ED officials over ‘selective leaks’; serves notices on home minister, finance minister
In the notice to Home Minister Amit Shah, Finance Minister Nirmala Sitharaman and Law Minister Kiren Rijiju, the Congress MP and legal cell head Vivek Tankha has asked them to stop using the ED as a tool to settle political scores, and desist from "spreading false narratives" about the former Congress chief.
Fed’s aggressive rate hikes raise likelihood of a recession
Not since 1994 has the central bank raised its key rate by that much all at once. And until Friday's nasty inflation report, traders and economists had expected a rate hike of just half a percentage point on Wednesday. What's more, several more hikes are coming.
How to invest during a bear market
If you can handle it, a falling stock market can be a good opportunity for people with long horizons. Broadly diversified, low-cost index funds are a good way to invest in the total stock market. That approach eliminates the risk of holding the wrong specific...
PM to discuss sustained eco growth, common devpt agenda with chief secretaries during HP conference
Spread over three days, from June 15 to June 17, the conference will focus on the rapid and sustained economic growth in partnership with the states, it said.Spread over three days, from June 15 to June 17, the conference will focus on the rapid and sustained...
Prophet row: Rally in support of Nupur Sharma sparks tension in Hyderabad’s Bowenpally
The incident occurred in Hasmathpet locality late on Monday night when some persons took out candle light rally to express solidarity with Sharma, who was suspended by the BJP on June 5 after her blasphemous remarks triggered an outrage from Muslim nations.The...