RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
It refuted the allegations that its three-day mega event had damaged Yamuna floodplains and hinted that it may approach the Supreme Court against the NGT's order which asked it to pay Rs 5 crore as compensation.
The banking sector in India is reeling under Rs 8 lakh crore of non performing assets (NPAs) or bad loans, of which PSU banks alone account for over Rs 6 lakh crore.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
Four days ahead of the Delhi polls, the BJP released a 'Vision Document'.
Parliament on Wednesday saw a washout as the Opposition aggressively pressed for ouster of Sushma Swaraj, Vasundhara Raje and Shivraj Singh Chouhan, rejecting the government's offer for a debate.
For debt-laden companies, asset sales is an obvious solution.
'Most Indians know very little about Patel which is a great shame.'
There were many who had reposed faith in the Narendra Modi government for expeditious action but are today beginning to feel disillusioned, notes Jitender Bhargava.
Tillerson said he hoped that at some point the North Koreans will begin to understand that the US would like to sit and have a dialogue with them.
The trial court declined the plea of Kumar's lawyer that he be sent to high-security Tihar Jail.
To cut interest rates, the central bank head has to open up a debate on inflation target revision.
The White House said it has 'a large body' of evidence indicating that the Assad regime was responsible for the April 7 chemical attack in Duma.
'Nobody in our team had any idea that these things will come out.' 'We need to do a social audit of all the shelter homes across the country.'
Immediately after India launched its surgical strikes, sources said, it had informed the US of its action.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
'The CM seems to have forgotten that she is dealing with the Gorkhas, people known for their valour and loyalty to India.' 'It is shameful that Mamata Banerjee and her administration treated them like insurgents, choosing to use live bullets instead of other ways and means to control crowds.'
White House said Trump strongly believed that protecting environment and 'promoting our economy are not mutually exclusive goals'.
On the eve of the budget session of Parliament, the government on Sunday reached out to the opposition
Faced with a dilemma over handing tickets to leaders facing allegations of corruption, Congress on Wednesday gave indications that while former Railway Minister Pawan Kumar Bansal could be re-nominated from Chandigarh, Pune MP Suresh Kalmadi may not be fielded in the upcoming polls.
Delhi's Election Commission has detected instances of "paid news" relating to five candidates in the run-up to assembly election and added expenditure in this regard in their poll expenses.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
It emerges that not only does the CIDR project fails the test of fairness, justness and reasonableness besides the test of not being fanciful, oppressive or arbitrary; it also fails the test of Arthashastra, Hadith and the Bible.
Here's the full text of President Ram Nath Kovind's address on the eve of 70th Republic Day of India.
Following objection from petitioners who claimed conflict of interest.
Intelligence agencies believe attacks by militants during the Sochi Winter Olympics are highly likely, but will probably be aimed at "softer" targets elsewhere in Russia, such as public transportation or other civilian venues, US and European officials said.
After 4,764 party delegates formally backed her, the former US First Lady tweeted, "This moment is for every little girl who dreams big."
A source close to FIFA said that as Blatter has not been arrested, charged or indicted, it would probably be for him to decide whether he stays in his post until February, when he is due to step down.
Members in Rajya Sabha on Monday voiced concern over violence in Kishtwar area of Jammu and Kashmir with Opposition saying the country's "sovereignty and integrity" was at stake and the matter should not be dismissed as an inter-community clash.
'It is certain Jayalalithaa will be in no position to attend to official business.' 'Indeed, doctors would have forbidden anything that would aggravate her condition and lead to complications,' says B S Raghavan, the distinguished civil servant, advising how a Constitutional vacuum can be averted in Tamil Nadu.
IFFCO is reaching out to the young Indian urban professional.
Even as Sonia Gandhi was on Saturday re-elected chairperson of the Congress Parliamentary Party and asked party men not to bicker in public amid a fierce blame game in the party, the anger and anguish was visible after the meet was over. Anita katyal reports
The Deen Bachao, Desh Bachao conference in Patna on April 15 was attended by lakhs of Muslims. Will the electoral dividends from this rally be reaped by Nitish Kumar, the BJP (through Hindu consolidation), by both Nitish and the BJP or will it be reaped more by the anti-BJP forces, asks Mohammad Sajjad.
The twin announcements have virutally cleared the decks for the merger of the two factions.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.
A recent survey done by indianboards.com suggests that around 283 directors will retire by October this year.
'We think Pakistan has moved decisively against terrorists that threaten Pakistan internally, but still needs to devote attention to those that represent a threat to their neighbours.'
The United States is looking for a "limited narrow act" of military intervention in Syria that does not involve a "boots-on-the-ground approach", but has not made a final decision yet, President Barack Obama said.
The State Department last week issued a worldwide travel alert warning Americans that Al Qaeda may be planning attacks in August, particularly in the Middle East.
