PNB fraud raises host of questions on The Good, The Bad and The Ugly.

in #worldnews7 years ago

The Rs 11,400 crore fraud at Punjab National Bank raises a host of questions, the biggest of them is whether this will be restricted to Rs 11,400 crore or whether the 30 banks that PNB has written to about the fraud will actually discover a lot more while they investigate the modus operandi of the PNB fraud;

A Google India and Boston consulting group report has concluded that consumer spending online in India is going to double to $100 billion in next three years; India has over 400 million users of the net, however, only 1 out of every 5 user actually shops online; Women are projected to be biggest additions to shopping online in these three years, besides most of this growth is likely to come from non-metros;

The government has been bashed by economists, opposition as well as businesses for what they call jobless growth in the economy;

In its desperation to find some formal numbers of job creation, the government may have actually skirted a few rules.

Watch BusinessToday.in editor Rajeev Dubey as he takes you through the top stories of the day on The Good, The Bad and The Ugly.

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