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Madhusudan Sahoo
About the AuthorMadhusudan Sahoo
With over 25 years of experience, I've extensively covered policy-related business developments and stories in the finance and economy domains, with a focus on corporates. His career has seen him working with various mainstream media organizations at different levels in Mumbai, Chandigarh, and Delhi.
    The government, however, wants any critical data to be mandatorily stored in India while sensitive data can be processed abroad with the explicit consent of the data owner.Nation
    Data Protection Bill gets approval

    For minor violations, the penalty will only Rs 5 crore or two percent of global turnover.

    5 Dec 2019 1:16 AM IST

    According to the data released by the National Statistics Office (NSO), the GDP was at the previous low of 4.3 per cent in the January-March period of 2012-13, while it grew seven per cent in the corresponding quarter of 2018-19.Business
    GDP growth at 6-year low: Economy grows at slowest pace since...

    The Narendra Modi government recently took several measures to boost investments and bolster economic growth.

    30 Nov 2019 1:00 AM IST

    Consumer Affairs Ministry data says onion is selling at Rs 76 per kg in Delhi, Rs 92 in Mumbai, Rs 100 in Kolkata and Rs 80 per kg in Chennai.Business
    Onion 2.0: Price surges to Rs 120/kg; Centre gives up

    As part of measure to arrest rising prices of the kitchen staple, the government is learnt to have extended the ban on...

    29 Nov 2019 1:18 AM IST

    The government said on Tuesday that due to the fall in production in kharif and late-kharif seasons, the onion prices may go up from the all-India average retail price of Rs 60.38 per kg on November 15.Business
    Onion to remain a tear-jerker, govt sees 26 per cent fall in output

    Onion production in kharif and late-kharif seasons of 2019-20 is estimated to fall 26 per cent to 52.06 lakh tonne.

    20 Nov 2019 12:58 AM IST

    The family claimed that he was facing difficulty in procuring money for his treatment owing to the curb on withdrawals from the bank mired in a Rs 4,355.46 crore scam.Business
    Dearth of risk management professionals raises concern

    In a competitive world where businesses are rewarded for high growth, the risk management often takes the back seat.

    19 Nov 2019 12:59 AM IST

    Moodys Investors Service.Business
    Moody’s cuts GDP growth forecast to 5.6 per cent for this fiscal

    Moody’s had on October 10 cut India’s economic growth forecast for 2019-20 fiscal to 5.8 per cent from an earlier...

    15 Nov 2019 12:49 AM IST

    However, it added, the growth rate in 2019-20 should be looked through the prism of synchronised global slowdown.Business
    SBI lowers GDP growth forecast

    Countries have witnessed 22 to 716 basis point decline between June 2018 and June 2019, and India cannot be isolated.

    13 Nov 2019 1:09 AM IST

    The government countered the Moodys statement, saying the IMF in its latest World Economic Outlook has stated that Indian economy is set to grow at 6.1 per cent in 2019, picking up to 7 per cent in 2020.Business
    Moody’s cuts India credit rating outlook to negative

    Govt slams rater, says growth rate stays unchanged.

    9 Nov 2019 1:30 AM IST

    Onion prices have gone up to Rs 70-100, up by 40-50 per cent per kg in several mandis.Business
    Govt relaxes rules as onion hits Rs 80 a kg

    Even after assurance from the Centre on the supply issue, many cities have been witnessing sky-rocking prices of the...

    7 Nov 2019 1:26 AM IST

    Finance minister Nirmala Sitharaman said that besides implementation of Insolvency and Bankruptcy Code, efforts would be made to simplify Goods and Services Tax for further improving Indias ranking in the index.Business
    India jumps 14 places in ease of doing business

    The improved rankings are expected to facilitate higher foreign investment into the country to pace up growth at a time...

    25 Oct 2019 1:45 AM IST

    Nobel economist tells PM: Divest PSU banksNation
    Nobel economist tells PM: Divest PSU banks

    Fear of vigilance making PSU banks take fewer risks.

    23 Oct 2019 12:41 AM IST

    Centre plans new FRDI Bill, hike in deposit insuranceBusiness
    Centre plans new FRDI Bill, hike in deposit insurance

    The government wants to hike the insurance cover of customers of a failed financial institution from Rs 1 lakh per...

    18 Oct 2019 12:45 AM IST

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