HERE are news in brief related to Indian economy and business for Monday, September 4, 2023: E-commerce giant Amazon on Monday announced it will make an initial investment of $3 million (£2.37 million) in nature-based projects in India. The allocation is part of the company's $15 million (£11.8 million) fund…
A REAL-ESTATE agent in the western Australian city of Perth has been stripped of her license after she allegedly sent a racist email to tenants slamming Indian culture and living conditions in that country. According to a report by The Australia Today, the Western Australia State Administrative Tribunal heard the…
A GROUP of doctors have raised concerns over the issue of nutrition and mental health of people who are living in relief camps in the violence-torn north-eastern state of Manipur. According to the PTI, the doctors from Indian Doctors For Peace and Development visited a relief camp each in areas…
LABOUR leader Sir Keir Starmer on Monday (4) undertook a wide reshuffle of his shadow cabinet in preparation for a general election expected next year, with Indian-origin shadow ministers Lisa Nandy and Preet Kaur Gill among those being demoted. Nandy was shunted out of a plum role as shadow levelling…
UDAY KOTAK, who founded India's Kotak Mahindra Bank, has stepped down as its managing director (MD) and chief executive four months ahead of the completion of his term, the lender said in a stock exchange filing on Saturday (2). The early exit of the 64-year-old Kotak from the country's fourth-largest…
SINGAPORE'S Indian-origin central banker Ravi Menon will retire next year on January 1 after serving 36 years in the public service and reforming the island nation's financial regulatory framework and strengthening the enforcement regime against money laundering. The 59-year-old started his career at the Monetary Authority of Singapore (MAS), the…
A 24-YEAR-OLD woman flight attendant was on Sunday (3) evening found dead with her throat slit in an apartment in the western Indian city of Mumbai following which police have arrested the residential society's housekeeping staffer on the charge of murder, an official said on Monday (4). The deceased, identified…
WHILE the Indian leadership is looking forward to hosting the first-ever G20 summit in the country on September 9 and 10 and hoping that the event will boost its stature in global affairs, deep divisions over Russia's military adventurism in Ukraine threaten issues such as food security, debt distress and…
COMING off a washout, India would hope they only have greenhorns Nepal to tackle and not rain as the heavyweights eye a berth in the Super Four of the Asia Cup in Pallekele in Sri Lanka on Monday (4). From Group A, Pakistan have already qualified to the Super Four…
WHILE cricket fans are excited over the Asia Cup tournament that kicked off in Multan in Pakistan on August 30, not all is well yet with the high-profile one-day tournament. Pakistan is the official host to the tournament -- the 16th edition -- but it is actually organising only four…