The government has initiated substantial support to the PSBs through the recent Budget. In the last two years, the government has infused ` 2,10,000 crore to the PSBs. Aditionally, the government is going to spend huge money in infrastructure projects. This will increase economic growth. We already ...
The Public Sector Banks (PSBs) are in financial stress. Some serious measures have been taken to rescue these banks from the crisis. But those measures have only been partially successful. Ashok Kumar Pradhan, MD and CEO of United Bank India (UBI), spoke to BE’s Kishore Kumar Biswas.Q. How do you ...
Risk is an unavoidable fact of life on earth. When one steps out of his house in the morning, one doesn’t know what awaits him. Human beings may be risk lovers, risk averse or risk neutral, depending on the affinity one has towards risk as an element and yet most people find an uncertain misfortun...
Tajinder Mukherjee, Chairperson and Managing Director, National Insurance Company Ltd., spoke to BE’s Shinjini Mukherjee regarding the poor insurance penetration rate in India and a way out of this.Q. Why are penetration and density of insurance so low in India in spite of its decent level of econ...
Major players from the steel industry have approached the government to auction iron ore mining licences which are currently held by private miners. Licences for 334 mines, out of which 33 working iron ore mines with an annual production capacity of 55 million tonnes (MT), will expire in 2020 and ma...
“Entrepreneurship is the engine fuelling innovation, employment generation and economic growth. Only by creating an environment where entrepreneurship can prosper and where entrepreneurs can try new ideas and empower others can we ensure that many of the world’s issues will not go unaddressed”...
Dear Readers,Smt. Nirmala Sitharaman, Union Finance Minister of Bharat, presented the government’s budget for 2019-20 on July 5, 2019. The budget has emotionally charged the Bharatwasis who believe it would boost growth, employment, investment, exports, MSMEs, farmers’ income, infrastructure, so...