With trade deficit falling 24% in Apr-Dec and stable capital flows, FY14 may end with a balance-of-payments surplus.
Committee set up by state govt considering reduction in rates
While some equity analysts have raised target prices for public sector banks, others remain cautious
AAP is quite keen to repeat party chief Arvind Kejriwal's sterling victory against Delhi's former chief minister Sheila Dikshit by pitting Damania against Gadkari in the proposed high-profile contest.
Mega rally on December 22 to have special enclosure for 10,000 tea vendors, says Sanjay Jog.
Debacle in four states prompts party to step up efforts to fare well in general elections, reports Sanjay Jog.
The high court has directed the state government to file its response.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
The government and MMRDA are keen to develop the 22-km link, which will connect Sewri on the island city to Nhava Seva in Navi Mumbai, on an engineering, procurement and construction basis and not on the build-operate transfer model, considering past experience.
These have always been pro-cyclical bets but new banks could erode RoEs.
The CIDCO and the Maharashtra government have stepped up efforts to arrive at a consensus over compensation for PAPs, before a meeting called by the prime minister on November 13 to expedite the work. PAPs, who have dropped their earlier demand of Rs 20 crore (Rs 200 million) per acre, are demanding allocation of 35 per cent developed land against the offer of 22.5 per cent made by the state government and CIDCO.
The debate between the Congress and its ally Nationalist Congress Party on seat-sharing in Maharashtra for the Lok Sabha elections has taken a new turn. The NCP has told the Congress to go ahead on its own if it was sure of winning all the 48 Lok Sabha seats in the state.
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A section of the market believes RBI should hold rates as negative real rates will hurt savings and investment.
Other members include former Central Bank of India chairman and managing director Homai A Daruwala, former bureaucrat of the Madhya Pradesh cadre Prashant Mehta and RGPPL's managing director R K Srivastav.
The Raj Thackeray-led Maharashtra Navnirman Sena's much-awaited entry into the Shiv Sena-Bharatiya Janata Party-Republican Party of India combine to forge a grand alliance in Maharashtra won't be a reality.
The fallen bellwether of the technology sector has a strategy to reclaim its lost position.
However, the realty players will have to pursue their long-pending demands with the state government for abolition of the Urban Land Ceiling Act, speedy approvals to expedite redevelopment of Maharashtra Housing and Area Development Authority buildings, development of cluster development, rental and affordable housing.
High interest costs and a weak rupee may raise overall debt, even as refinancing may not be an issue.
The Economic Offences Wing (EOW) of the Mumbai city police is expected to file a First Information Report (FIR) against Jignesh Shah, promoter of Financial Technologies and vice-chairman of National Spot Exchange (NSEL), and former senior management officials in connection with the current payment crisis.
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