Corporate Affairs Minister Sachin Pilot intoned, "Recent incidents will certainly dampen business confidence and investment sentiment, both domestic and foreign; and perhaps also negatively affect decision making by bureaucrats and policy makers."
While Sahara maintains it has already repaid more than 93 per cent of the outstanding dues directly to the concerned bondholders and the remaining amount was just about Rs 2,500 crore (Rs 25 billion), it deposited Rs 5,120 crore (Rs 51.2 billion) to Sebi in December 2012 towards the investor refunds as per Supreme Court orders.
Upcoming payment banks will lift lower income groups in distant villages.
Many things could play spoilsport for the Indian economy.
Finance minister tries to put house in order before reforms are unveiled in February.
The visit of Park Geun-Hye to India, though a symbolic one, will certainly give a further impetus to the strategic partnership between the two countries says Rup Narayan Das.
The futures of thousands of undocumented Indians who were taken to the US as children are in danger after Donald Trump's repeal of the DACA program.
Experts share their views on the steps that will help businesses become GST-ready.
With Jaitley preferring continuity over change, good days might take a little longer to arrive, says Shankar Acharya.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
