While the CEO of a public sector bank earns an average of Rs 18 lakh per annum, his counterpart in the private sector earns an average of Rs 3.5 crore.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
Even the well heeled in metros find it difficult to go completely digital. Cash withdrawals from ATMs are back at the same level as they were before demonetisation
In all, RBI has cut interest rates by 110 bps this year. But this has not yet led to a boost in economic activity. While the growth rate has slowed to a five-year low, consumer confidence is waning and foreign direct investment has plateaued.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Finalises blueprint to become pan-Indian dairy player; to set up plants in 6 states.
All major sectors -- real estate, e-commerce, IT, retail and consumer products, healthcare -- saw new all-time highs in value invested.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
'Event management can distract from, but not permanently mask, execution failures,' points out Rathin Roy, director, National Institute of Public Finance and Policy.
ITC has provided retailers with leaflets to assure customers of Yippee noodle's quality and safety standards
Globally, just 8 billionaires have same amount of wealth as the poorest 50% of the world population.
The Budget provides a reassuring message about Prime Minister Narendra Modi staying the course.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
In all the noise surrounding the Dok La confrontation, Claude Arpi focuses on a crucial issue that has hardly been covered -- the construction of roads for the armed forces and the local population to reach the most remote border posts.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Milan Talkies cannot decide what kind of a movie it wants to be, feels Sukanya Verma.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
The post-crisis debate on capital account management focuses on matching instruments with vulnerabilities.
The report said in the recent months policy makers as well as the private sector have made some efforts to improve productivity.
Messaging is going to become the highway for the people coming on to the Internet, says Kavin Bharti Mittal.
Kotak Mahindra Bank to have a 19.9% stake in the proposed banking venture.
India is only on the starting block.
"If telecom changed the game for how business was done in India, then we need 20 more of those systemic game-changers to take us to the next level," Ronnie Screwvala tells Pavan Lall.
Deutsche Bank could be the next to trim its retail operations.
'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.
Both Obama and Modi have taken bold steps towards laying the groundwork to give a big push to Indo-US trade, and now it's time to execute, says Bikash Mohapatra.
Today no big militant can dream of committing terror acts, the MoD said.
Tailored luxury experiences with the most minute of details charted out for discerning travellers is the way forward, says Nikita Puri.
Of the existing set of potential leaders, Bakhshi was clearly the only choice as he beat out other high-level candidates that included executive directors Anup Bagchi, Vishakha Mulye, NS Kannan, and Vijay Chandok who were lacking the all-round game that Bakhshi has.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A long crisis with a lack of sound short-term, long-term actions can result in sluggish growth in India, similar to that in Japan.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
The big story is that IntraSoft is a remarkable proxy of the American e-commerce market.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Private lenders were among the top losers along with RIL.
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
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