Jane Fraser first woman to lead Citigroup

Fraser, the bank’s president and head of its global consumer banking business, will succeed Michael Corbat, who has served as chief executive since 2012. Fraser was teed up as the bank’s next leader last year, when she was promoted to her current role.

Nadda accuses Mamata govt of being anti-Hindu

Trinamool’s Rajya Sabha leader Derek O’Brien refuted Nadda’s allegations that the state government was hindering development in Bengal. He said the Trinamool government had launched Swasthya Sathi scheme in 2016, two years before the Centre’s Ayushman Bharat.

RIL offers Amazon 40% in retail unit for $20billion?

The deal would also trigger a three-way battle between Amazon-Reliance, Walmart-Flipkart and other players in the world’s second most populous country where the Covid-19 pandemic has accelerated a shift in consumer behaviour from brick-and-mortar retail to e-commerce.

Backwardness can’t justify 50% cap breach: SC

The Supreme Court has said that social, educational and economic backwardness or inadequate representation of a community in public services cannot be a ground to grant it reservation in breach of the 50% ceiling fixed by the court. The bench stayed the operation of the Maharashtra law to grant reservation to Marathas holding that the government failed to make a case.

‘Symptomatic but negative? Must retest’

Amid a record single-day surge of over 95,000 new cases of Covid-19 on Wednesday, the Centre has again urged all states and Union Territories to mandatorily retest all those found to be symptomatic negative in rapid antigen tests (RAT). The retests are to be done through the more reliable RT-PCR method. Around 60% of the total new cases were reported from just five states.