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Shah turned around the bank's fortune within a year; the following year, the bank registered a profit of ₹ 27 crores. By 2014, its profit had increased to around ₹ 250 crores. [12] Shah also ensured that 11 of the bank's 22 directors were BJP loyalists. [16] Modi and Shah also sought to reduce Congress' hold over sports bodies in the state ...
In July 2010 Arjun Modhwadia, an Indian National Congress politician alleged that Amit Shah who was a former director of the bank, had received ₹ 2.50 crore (US$290,000) in bribe from Ketan Parekh in exchange for help in the case. [26] During the 2014 Indian general election Digvijay Singh also made similar allegations. [31]
Shah is an accountant by profession, and worked at the Ahmedabad District Cooperative bank.He is not to be confused with the Gujarat Home Minister, also named Amit Shah , who was chairman of that bank, and who led the successful campaign to have his colleague and namesake chosen as mayor, over the other BJP contenders.
India's interior minister Amit Shah, accused by Canada of being behind plots to target Sikh separatists in that country, has been Prime Minister Narendra Modi's closest aide for decades and is ...
Bharatpol is an Indian crime monitoring portal under the Central Bureau of Investigation (CBI), formed to exchange information quickly and enable the Indian law enforcement agencies to communicate with other international law enforcement agencies.
The Bank of America economics team projects the US economy will grow at an annualized rate of 2.4% in 2025, also higher than Bloomberg consensus forecasts for 2.1% growth.
The World Bank Group is the globe's most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.
After a hot December jobs report pared back investor's hopes for interest rate cuts in 2025, two key inflation readings will add to the discussion in the week ahead.