Contrary to expectations, 90 percent of the demonetised money found its way to banks. Of the Rs 15.4 lakh crore worth of Rs 500 and Rs 1,000 notes that were scrapped as a result of PM Narendra Modi’s November 8 declaration, as much as Rs 14 lakh crore has been deposited in banks. That means only Rs 1.4 lakh crore worth […]

Viral Acharya, a professor at the Stern Business School of the New York University, has been named as a deputy governor of RBI today. He is also an academic from the US like the previous RBI Governor Raghuram Rajan. A 1995 graduate from the Indian Institute of Technology (IIT) in Mumbai, Acharya also earned a Ph.D in finance from NYU-Stern […]

Was Chief Minister Chandrababu Naidu cut up with the Centre because Andhra Pradesh got less currency than Telangana in the aftermath of demonetization? Was that why he had expressed dissatisfaction yesterday over the notes ban issue as being a vexatious one? According to a Times of India report, the bigger AP state got quite less than cash than the smaller […]

Even as the Chandrababu Naidu Government is planning to take over the management of Sakshi media under a new legislation, the Enforcement Directorate on Wednesday attached properties worth Rs 749.10 crore, as part of the investigation into money laundering. According to unconfirmed information, Jagan’s palatial Lotus Pond residence in Hyderabad, his swanky palace located on 15 acres expanse in Bangaluru and also […]

Telangana IT Minister K T Rama Rao is on a tour to the USA to promote the state as the best destination for new project in the information industry. KTR has already made a mark as an effective and articulate speaker in promoting the state. His public speeches including the recent one during Apple’s Tim Cook event got him many […]

Hyderabad, December 28,2015: Satya Nadella, the CEO of Microsoft visited Catalyst – A T-Hub building, early Monday morning. Satya Nadella was welcomed by Kalvakuntla Taraka Rama Rao, Minister of IT and Panchayat Raj, Jayesh Ranjan, IT Secretary, Jay Krishnan, CEO, T-Hub, Srinivas Kollipara, Founder and COO, T-Hub, amongst other dignitaries. As he walked around Catalyst, Satya took a moment to […]

A scientific study is essential for restructuring and strengthening of the Andhra Pradesh Pollution Control Board, Chief Secretary said. A detailed review meeting was held in the chambers of the Chief Secretary Sri I.Y.R. Krishna Rao, today at Secretariat, with the officials of the Pollution Control Board (PCB). Member Secretary of PCB, Sri B.S.S. Prasad has given a power point presentation on the activities of […]

Mathew Cyriac of Blackstone, Padmanabha Sinha of Tata Capital, Satish Mandana of IDFC Mutual Funds, Anu of Brookfield Asset Management, Sandeep Kothari of Fidelity Worldwide Investment, Krishna Gotety of GIC Real Estate were some of the heads of companies who met the Chief Minister Chandrababu Naidu in Mumbai. Naidu delivered a keynote speech and made a powerpoint presentation on Monday at the […]

Human Resources Minister Ganta Srinivasa Rao said that Vizag will have a Hitec City that will be bigger and better than the one in Hyderabad. Named ‘Signature Towers’, this IT facility will become a new landmark in the port city. A convention center with a capacity of 10,000 also will come up in the city, he said. Botanical Gardens will […]

Andhra Pradesh Chief Minister Sri N. Chandrababu Naidu has appointed industrialist Grandhi Mallikarjuna Rao as the chairman for AP Skill Development Corporation. During the meeting, the Chief Minister was given a presentation on skill development plan in the state. The Chief Minister said that Mr Rao has the capability of changing the face of the state in skill upgradation. The […]