BCCI won’t recognise recent ICC Board decisions: CoA to ICC

The Committee of Administrators (CoA) has conveyed to the ICC that BCCI will not be bound by decisions taken during world governing body’s Board meeting in Dubai since Amitabh Choudhary was not India’s authorised representative. Choudhary was barred by the CoA from attending ICC meeting but participated in the policy-decision voting on the invitation of […]

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Business Economy

‘Individual wealth in India rises 10% to ₹430 lakh crore in FY19’

Even as global wealth saw a decline in 2018-19, individual wealth in India rose almost 10% to ₹430 lakh crore primarily on account of higher domestic participation in capital markets, mutual funds and a rise in gold prices. According to a study by Karvy Private Wealth, individual investors continued moving their wealth from physical assets […]

Business Economy

FMCG industry sees worst rural growth in 7 years, reveals a study

For the first time in seven years, rural growth has fallen below that of urban for the fast-moving consumer goods (FMCG) industry, whose sales are often looked upon as a barometer of overall economic growth and consumption due to the range and reach of products across price points. According to a latest study by Nielsen, […]

Business Economy

No better place to invest than India: Finance Minister Nirmala Sitharaman

Investors can find no better place in the world than India that has a democracy- loving and a capitalist-respecting environment, Union Finance Minister Nirmala Sitharaman has said. She also assured international investors during an interaction session at the IMF’s headquarters that the government was continuously working towards bringing reforms. “It (India) is one of the […]