“I recently bought a book at a 32% discount from Amazon. I am convinced that no book store will give me this kind of discount. Since it is an expensive book, the discount really matters,” said Anwesha Ray, a postgraduate in English. She added, “When I was frantically searching for Fatima Bhutt...
On October 23, SREI Foundation organised an interactive session to commemorate the ‘World Values Week’ at Shivananda Hall, Ramakrishna Mission Institute of Culture, Golpark. Swami Suparnananda Maharaj, Secretary, Ramakrishna Mission Institute of Culture, Kolkata; Dr. H.P. Kanoria, Chairman SREI ...
India has jumped 14 ranks in the World Bank's ease of doing business index to 63rd place in 2019 from 77th last year. The news could not have come at a better time; Indian economy is going through a prolonged slowdown and the sharp rise in ease of doing business index is expected to improve the conf...
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 recent visit of Xi Jinping, the President of China, to Nepal can be a game-changer for the small Himalayan nation. Before this, Jiang Zemin was the last Chinese President to visit Nepal in 1996. The two countries signed several agreements on infrastructure projects. The present government in Nep...
Abhijit Banerjee (58), Esther Duflo (46), and Michael Kremer (54) have won the 2019 Nobel Memorial Prize in Economic Sciences. Banerjee and Duflo hail from Massachusetts Institute of Technology (MIT) and Kremer is associated with Harvard University. The prize was conferred on them for their path-bre...
A merger of banks may not merely be an arithmetic sum of the strengths of both banks. In some cases, it may be the opposite due to the coming together of entities with different cultures.Dr. Y.V. Reddy, former Governor of Reserve Bank of India, said: “Mergers are successful only if there are syner...
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...
Business models based on data and analytics have facilitated companies like Google, Uber, Airbnb, and Facebook to enter the S&P 500 index in less than 10 years compared to business houses like Microsoft and HP, which made it to the index in two and three decades, respectively.Between 1955 (the S...
The insurance sector in India is in transition. The sector, which till 2000, was controlled by public sector companies, now has several private players. Insurance contracts that do not come under the ambit of life insurance are called general insurance. Its prominent forms are health, fire, marine, ...