Kotak bank

In 2020, the second-time Kerala finance minister has also emerged as the vocal leader of the group of leaders from opposition states -- West Bengal’s Amit Mitra, Punjab’s Manpreet Singh Badal or TS Singh Deo of Chhattisgarh -- who are pressuring the Centre to pay the states long overdue compensation cess of Rs 2.35 trillion to meet shortfalls in tax revenues. … [Read more...] about The Kerala minister who’s fighting for states in GST Council

Washington: US President-elect Joe Biden has appointed Indian-American community and economic development expert Sameera Fazili to a key White House position. Fazili has been named as Deputy Director, National Economic Council at the White House, the Biden-Harris Transition announced on Friday. … [Read more...] about Joe Biden names this Indian-American woman as Deputy Director of National Economic Council

trade deficit along with chances of a populist budget might dampen rupee's prospects during the coming week.Nevertheless, the persistent interest of FIIs in India's equity market will arrest any sharp depreciation moves."The 25-month high trade deficit may put brakes for strong rupee appreciation. Equity markets also looks stretched and a cool-off looks imminent now. Eyes will be on the budget and the ballooning fiscal deficit, which can be a challenge for the local currency," said Sajal Gupta, Head, Forex and Rates, Edelweiss Securities.On the other hand, new IPOs and hopes of healthy Q3 earning results will retain FIIs' interest in equities."We have two IPO subscriptions next week, which can attract FII participation and keep the USDINR spot lower," said Rahul Gupta, Head of Research-Currency at Emkay Global Financial Services."However, RBI's intervention will be eyed. In spot 73 is acting as strong support, a break of which will push prices towards 72.70-72.75 and then the 72.50 … [Read more...] about Rising trade deficit to dampen rupee’s prospects against dollar: Analysts

Before her time in government, Fazili was a clinical lecturer at Yale Law School's community and economic development clinic, where she helped start a CDFI bank and a local anti-foreclosure initiative, and expanded the clinic's work to international microfinance. … [Read more...] about Biden picks Kashmiri-origin Sameera Fazili in WH team

The accused have been identified as Luo Sang and Carter Lee. Sang had come under the Income-Tax department’s scanner in August last year for running a ‘hawala’ racket using shell companies. He allegedly ran the racket and Lee, a pass-out from the Delhi University who also knows Hindi and English, worked as a translator for him. … [Read more...] about ED arrests two Chinese nationals on money laundering charge