The Reserve Bank of India’s (RBI’s) proposal to allow large corporate houses to set up banks is a “bombshell”, former RBI governor Raghuram Rajan and ex-deputy governor Viral Acharya wrote in a joint article on Monday.
India
Netflix faces boycott calls in India over ‘A Suitable Boy’ kissing scene
Netflix (NFLX) is facing a backlash in India over a now-infamous kissing scene in one of its shows. The exchange takes place in the series, “A Suitable Boy,” an adaptation of the award-winning novel by Indian author Vikram Seth, which was released on the streaming service last month.
As India reopens, one state outnumbers China in coronavirus cases
As India begins to reopen more public spaces after a 10-week lockdown, its western state of Maharashtra has crossed a grim milestone by having more coronavirus cases than China.
Fresh Crisis Approaches for India Shadow Banks After Fund Shuts
India’s shadow lenders are facing fresh turmoil after asset manager Franklin Templeton shut funds late last month, prompting other large investors to dump the financiers’ debt. Mutual funds are big buyers of non-bank financial firms’ bonds and some are struggling to meet redemptions after… Read More ›
Dark Truth Behind India’s Post-Lockdown Liquor Lines
When some Indian cities eased the grinding lockdown last week to prevent the spread of the novel coronavirus, long queues were seen outside liquor shops across the country. In cities like Mumbai, a Covid-19 hotspot, booze-loving people made a mockery… Read More ›
Netflix reducing streaming quality for Indian users amid Covid-19 lockdown
Netflix has reduced streaming quality for Indian users after making a similar change for users in Europe. The change, however, doesn’t mean users won’t get access to HD or higher content. Netflix is reducing streaming quality in India in a… Read More ›
Work From Home Anxiety: How You Can Make It Happier
We all know that in meanwhile it is so difficult to manage with our daily life routine. We can not do more but follow the guidelines and maintain a social distance is the only way that can help us and… Read More ›
Kerala Leads To Control The Spread Of Coronavirus
The Kerala government has taken several measures spearheaded by the state Health Minister KK Shailaja Teacher to control the spread of COVID-19 in the state New Delhi: The total number of cases of a novel coronavirus in India on March 15, were… Read More ›
Kashmir Leader Farooq Abdullah Now Free After 7 Months
The three-time chief minister was detained along with about 1,000 others following revocation of Kashmir’s autonomy. Farooq Abdullah was on September 15 booked under the PSA, a law that has been termed ‘lawless’ by rights groups like Amnesty International… Read More ›
Bangalore-Based Bike Rental Startup Bounce $105 Million
Bounce, a Bangalore-based startup that operates over 20,000 electric and gasoline dockless bikes and scooters in nearly three dozen cities in India, said today it has raised $105 million in new funding round as it explores sustainable ways to expand… Read More ›