Business

ISB professor Krishnamurthy Subramanian appointed as new Chief Economic Adviser

ISB Hyderabad professor Krishnamurthy Subramanian was on Friday appointed as new Chief Economic Adviser by the Central government.
Subramanian's appointment will be valid for a period of three years. The CEA post was lying vacant after Arvind Subramanaian left the finance ministry earlier this year. Arvind Subramanaian had decided to quit after  a four-year stint  as CEA."The Appointments Committee of the Cabinet (ACC) has approved for the appointment of Dr Krishnamurthy Subramanian, Associate Prof. and ED (CAF), ISB, Hyderabad, to the post of Chief Economic Adviser," said a government notification.
His appointment will be for a period of three years, it said.

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Non-Maintenance Of Minimum Balance: Penalty Charges By Top Banks

Banks have mandated regular saving bank account users to maintain a certain average monthly balance  in their accounts, failing which they have t...