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India’s Economic Slowdown ‘Temporary, An Aberration’, Says World Bank

admin7 years ago07 mins

World Bank President Jim Yong Kim also said that the Goods and Services Tax (GST) will have a huge positive impact on the Indian economy. WASHINGTON: The recent slowdown in India’s economic growth is an “aberration” and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said…

These jobs may go missing from banks in the next few years

admin7 years ago09 mins

Remember the good old bank clerk who used to update your pass book? The fact that he is hardly seen these days explains banking industry’s biggest predicament — Automation. On Wednesday, Vikram Pandit, who ran Citigroup during the financial crisis, endorsed this predicament with a disturbing figure. Pandit said developments in technology could see some 30 per cent of…

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