Chanda Kochhar (File Image/IANS)

Former ICICI Bank CEO Chanda Kochhar, husband arrested for loan fraud

New Delhi | Former ICICI Bank CEO Chanda Kochhar and her husband and businessman Deepak Kochhar were on Friday arrested by the CBI in connection with a loan fraud case involving bank officials and the Videocon Group. A senior Central Bureau of Investigation (CBI) official told IANS that the arrests were made from Delhi whereas […]

Jeff Bezos (File Image | IANS)

Jeff Bezos warns of recession, advises people to avoid expensive purchases

San Francisco | Amazon founder Jeff Bezos has warned consumers and businesses to postpone large purchases during the holiday season in anticipation of an economic recession. In an interview with CNN, he advised consumers to keep their cash safe and avoid unnecessary spending. Due to the recession fear, he advised Americans to avoid purchasing high-ticket items […]

The Supreme Court of India (File Photo/IANS)

How Modi government defended in Supreme Court its decision of demonetising currency?

New Delhi | The Centre has told the Supreme Court that the November 2016 decision to withdraw Rs 500 and 1,000 currency notes was “one of the critical steps in the series of transformational economic policy steps” and this decision was taken after extensive consultation with the RBI and advance preparations. The Ministry of Finance, in […]