Hong Kong withdraws visa-free facility for Indians

A notice on the Indian Consulate in Hong Kong said Indian passport holders without the Pre-Arrival Registration Slip, except those belonging to any of the exempted categories, would not be allowed to board a conveyance bound for Hong Kong.

President Donald Trump signs first order on Obamacare

Donald Trump signed an order on the Affordable Care Act that urged government departments to "waive, defer, grant exemptions from, or delay the implementation" of provisions that imposed fiscal burdens on states, companies or individuals.

RBI-promoted NPCI asks Flipkart to follow UPI norms

A day after asking ICICI Bank to give access to Flipkarts e-wallet PhonePe, the RBI-promoted National Payment Corporation (NPCI) did a volte-face today and said it is Flipkarts e-wallet that is in contravention of the interoperability norms under unified payment interface.

US President Trump pledges to put 'America First' in nationalist speech

Donald Trump took power as the 45th president of the United States on Friday and pledged to end what he called an "American carnage" of rusted factories and crime in an inaugural address that was a populist and nationalist rallying cry.

India pressed ahead with banknote ban despite RBI concerns

A copy of the private testimony to a parliament panel, seen by Reuters, showed the central bank had also warned the government of "possible inconvenience to the public for some time," among the potential consequences of the massive exercise.

Sat Jan 21 18:45:05 IST 2017
 
 
 

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Making Sense of 2016

The year 2016 was turbulent for the indian economy with hits and misses, surprises and disappointments galore.

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