The Bharat Chamber of Commerce organised a national seminar and an exhibition on the ‘Indian AviationSector: Opportunities and Challenges’ at the Park Hotel, Kolkata. The prospects of private participation in maintenance, overhaul, and repair were discussed.The aviation sector in India contribut...
The Indian tea industry has been facing several challenges. However, these challenges would have been bigger, if the government did not pull out of the Regional Comprehensive Economic Partnership (RCEP).The challenges in the Indian tea industry are numerous. Compared to global producers like Sri Lan...
The Micro, Small and Medium Enterprises (MSME) are the most important stakeholders of the Indian economy. According to the Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation (MOSPI), the share of MSME gross value added (GVA) in total GVA during the 2016-17 fiscal wa...
Curtain goes up on the Tata Steel Chess India - Rapid & Blitz 2019 editionTATA STEEL CHESS INDIA, RAPID & BLITZ 2019 puts India firmly on the world chess map and has become part of the Grand Chess Tour. The tournament brings eight of the world’s top fifteen Grandmasters and the top three I...
This December is historic for the Oil and Natural Gas Corporation (ONGC). A long due exploration is expected to start. This exploration field - located in the Bay of Bengal off the Godavari coast - has been termed the KG-DWN 98/2.Pallab Bhattacharya, Chief, Corporate Communication, ONGC, told BE, â€...
The Micro, Small and Medium Enterprises (MSME) Ministry is reportedly finalising the new definition of MSME based on annual turnover. In 2018, Prime Minister Narendra Modi had proposed this.Sudakshina Gupta, Professor, Department of Economics, University of Calcutta, told BE, “According to the gov...
Srei Equipment Finance Limited recently partnered with the United Bank of India to offer loans to MSME and retail customers under a co-lending arrangement. The NBFC and the bank jointly organised Loan Utsavs across 20 cities.The Loan Utsavs were held in Delhi, Mumbai, Hyderabad, Ahmedabad, Pune, Nag...
P. Vinod Kumar Reddy assumes charge as Zonal Head of Bank of BarodaP. Vinod Kumar Reddy has taken over as Zonal Head, Kolkata Zone of Bank of Baroda. Prior to this, Reddy was heading the Rural Agri Banking Dept. of the bank as General Manager. He brings with him 35years of vast experience in mainstr...
The Union Ministry of Petroleum and Natural Gas (MoP&NG) is initiating strategic disinvestment of its Central Public Sector Enterprises (CPSEs). They have zeroed in on Bharat Petroleum Corporation (BPCL). The MoP&NG, in a recent press release proposed “to divest its 100% shareholding in th...
UCO Bank recently launched new digital products & Current AccountUCO Bank recently announced the introduction of three new digital products and a new UCO Care Plus current account. The digital products are ‘UCASH’ (card less cash withdrawal from ATM), Digilocker facility, UCO MBanking Plus. ...