The RBI closes some, but many others still exist.
How did not-for-profit firm owned 76 per cent by Congress chief Sonia Gandi and her son Rahul possess real estate worth hundreds of crores? N Sundaresha Subramanian and Kavita Chowdhury report
The US election results were in line with expectations and the markets were not surprised.
Reserve Bank's recent policy stance has earned for it praise as well as brickbats.
Reserve Bank of India Governor D Subbarao on Tuesday said the central bank needed more powers before it could firm up the final guidelines on new bank licences.
RBI Also advises imposing a limit on these, beside mandating a system within two months to share information in this regard.
The profitability of industry is under stress and needs to be addressed by encouraging investments in the supply side infrastructure.
The Reserve Bank of India has now said failure to report such cases might lead to penal action.
Are short-term compulsions increasing long-term instability?
It will help to control the subsidy bill.
Though it will tackle the tangled web of permissions required for a project, a bottom-up approach would be more effective.
Since the privatisation of power distribution in Delhi about a decade ago, the overall electricity situation has improved.
Four years on, too little has changed
The government should step up its efforts to improve rural sanitation, for the sake of the children who die as a consequence of cultural apathy.
On sarkaritel.com, a private initiative that serves as a gateway to the government, the council of ministers does not include the finance portfolio at all.
The governor had just made an elaborate presentation in defence of the central bank's decision to not to succumb to industry's demand for rate cuts in the mid-quarter policy.
The governor had just made an elaborate presentation in defence of the central bank's decision to not to succumb to industry's demand for rate cuts in the mid-quarter policy.
With 1.36 million employees, the railways are one of the country's biggest employers, constituting 28 per cent of the total central government employees.
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