The goal of the Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households, a panel chaired by Nachiket Mor that submitted its report to the Reserve Bank of India last week, is truly a BHAG.
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
'AI will be bigger than the advent of the Internet or the harnessing of electricity.' 'India must embrace it with all its might,' says NITI Aayog CEO Amitabh Kant.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The S&P BSE Sensex plunged 128 points to end at 25,102.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
It's Sanjeev Chadha, named Pepsi's chief executive for Asia, W Asia & Africa, versus Coca-Cola's Atul Singh.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
There are many collateral advantages of taking the tough decision.
Teams of students and coders demonstrated in 24 hours diverse programmes impacting health and livelihood issues with use of a personal identity number.
Institutions will wait till there is more clarity on Budget.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
Centre and state governments are steadily increasing excise duties and value-added tax
Sensex falls at close; metals, banks perform well.
'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'
'Predictions are that numbers will continue to rise till May end and maybe in the first half of June will be our peak.'
You have to really bungle to produce 5.7 per cent growth under the conditions this government is currently facing, says Mihir S Sharma.
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The partially convertible rupee closed at 66.24/25 per dollar after hitting a record low of 66.30, and down 2.9 per cent from its close of 64.30/31 on Monday.
There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is however, hardly any reference to this asymmetry. Subhomoy Bhattacharjee reports
India's winning streak in elections to UN bodies demonstrates it is time for the country to become a permanent member of the Security Council and those who doubt this can no longer behave like "ostriches in sand", the Indian envoy to the world body has said.
India is the world's second-biggest sugar producer after Brazil and has been looking to offload a surplus in an already well-supplied world market.
ITC wasted no time in capitalising on its new acquisition.
The government has made its initial moves, good and not-so-good, while the roll-out in some cases has been slow.
'We have promised to ensure reduced tax rates.'
Its aim is to make computer programming accessible for everyone.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
In the first of a two-part series, Business Standard examines the impact of the upcoming summer on agriculture and drinking water supply.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Exemptions, and the fact that farm income is outside the tax net, ensure that India's tax-GDP ratio stays low.
The year 2014 has been one of the best for investors in the equity markets.
There is lack of scientific basis in computing the poverty line, says govt.
The inflow of cheap capital has also kept the rupee at a high level, making exports uncompetitive and broadening the current account deficit despite falling oil prices.
Kanika Datta explains why the Modi sarkar is gunning for non-profit organisations
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
'It affects our economy, it is very important in many ways.' 'So we have to be the foremost experts in the world on the monsoon.' 'But the best minds in India have not devoted their time to the study of monsoon and they have followed the fashions of the West.'
Indian CEOs might like to make some serious course correction.
'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'
The coming elections seem a tough battleground for the BJP in the wake of anti-incumbency, Patidar and Dalit agitations and implementation of the GST.
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
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