The GDP slumped to a three-year low lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid demonetisation effect.
The preference for digital banking now cuts across all customer segments.
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After RBI's missive on proxy lending to builders, it's time to reshuffle.
'If Modi wants to help the poor and get the credit for it as well, he must do what China does. He must openly adopt pro-capital policies.'
DLF was asked to file an affidavit in this matter by Monday, after which SAT would issue directions on Wednesday (November 5) on whether the interim relief can be given.
'It is a ticking time bomb if the authorities don't come forward to help these hapless people.'
A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries
'The biggest loser is Raj Thackeray's MNS. The MNS may inspire fear, but fear doesn't fetch votes.'
Reliance Industries chairman Mukesh Ambani continues to top India's richest list, according to the Hurun India Rich List 2014.
While foreign currency rating was retained at Baa2 -- the second-lowest investment grade score -- Moody's also projected a fiscal deficit of 3.7 per cent of gross domestic product in the year through March 2020, a breach of the government's target of 3.3 per cent.
Be a disciplined investor for attractive returns, says fund managers.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
Hitting back at Bharatiya Janata Party Chief Amit Shah after he needled her on desertions in the Bahujan Samaj Party, former chief minister Mayawati on Sunday said his "childish" remarks betrayed BJP's nervousness ahead of assembly polls in Uttar Pradesh.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
'A change of government will bring about a lot of changes because everything is frozen for the last two years. So, the frozen energies of India will be released.' Swadeshi Jagran Manch convenor Swaminathan Gurumurthy discusses the Modi phenomenon with Shobha Warrier/Rediff.com
Over the last decade, individual Muslims have started breaking from the tradition of sacrificing animals on Bakra Eid, motivated by the thought that the considerable amount spent on buying and sacrificing animals would be put to better use for the community's welfare, specially education.
'The BJP gets most of its contributions in cash.' 'Now they may show that donations are made in small amounts, less that Rs 20,000, but everyone knows this is just absurd.'
'For them life is very difficult since there has been no universalisation of PDS.' 'And let's understand that there are people who need ration instead of cooked meals.'
Companies will be offered incentives for employing more women.
'There is economic danger: Not inflation, but a slowdown that feeds an employment crisis,' says T N Ninan.
This is one of the rarest of the rare occasions that a political rally has been cancelled due to protests.
Donald Trump, the controversial Republican presidential front runner, again blamed India and China among other countries for taking away jobs from Americans.
'...are the deep ruts and fissures in the rotting fabric of our cities and the incompetence of elected leaders and administrators,' notes Sunil Sethi.
This is one of the rare orders by Sebi where it has barred a bluechip firm and its top promoter/executives.
The government on Wednesday came under a blistering attack in Rajya Sabha on the issue of black money, with Congress asking it to apologise before people for 'selling lies' or else fulfill the poll promise made to them.
The Biden administration should expect continuity in Iran's policies under Raisi. This may not necessarily mean that strengthening of ties with the West will be Raisi's top priority, observes Ambassador M K Bhadrakumar.
Mumbai's alternative business district of Bandra-Kurla Complex was at 18th position.
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
Marriott-Starwood, Carlson Rezidor and others are winning the tug-of-war for customers with local hotel chains as they add new properties at a breakneck speed.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
Launches and sales of house property have seen a continuous drop.
'While investors in Reliance have had to play a game of patience for long stretches, for Anil the challenge is to do what used to be his brother's forte -- generating cash by putting assets in the ground and making things,' says T N Ninan.
The PM said that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.
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In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
The money stashed away in tax havens is estimated at between $5.6 trillion and $32 trillion, numbers to make your eyes pop, asserts T N Ninan.
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
NBFCs are mainly dependent on funding their operation from their own cash flows.
The new national income numbers produced by the Central Statistics Office (CSO) have elicited two kinds of reaction.
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