'But the world would be much poorer without economics' contribution to understanding how societies function and without economists' suggestions as to how politicians might improve them. 'And economists themselves could do wonders by simply incorporating the country-specific factors in their econometric models rather than just applying them in toto," say Soumya Kanti Ghosh and Samir K Jha.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Markets snapped their 8-day winning streak.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
'If the new rate is lower than your current rate, ask your bank to shift you to it.' 'This can be done by paying a fee of Rs 5,000 to Rs 6,000.'
Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
Ganguly is one of the 11 members of the world cricket committee, chaired by Mike Brearley of MCC, which announced the new Laws of Cricket, to be incorporated in the ICC Playing Conditions.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
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Banking as we know it will stand on its head in the next 10 years.
There is no clearly defined right or wrong answer since both target different needs of a portfolio.
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
The Central Bureau of Investigation has arrested an Reserve Bank of India official and a JDS leader K C Veerendra, who is also a casino owner, in connection with separate cases relating to alleged illegal conversion of currency post-demonetisation.
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
NBFCs are allowed to include registration, stamp duty
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
Asian shares ended higher after a string of positive US economic data.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Sensex is trading firm; FMCG, real estate going strong.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
he reason behind the cut in policy rate seems to be a slowing economy
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Global liquidity expected to continue amid ECB stimulus
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
The rupee fell to a two-year low of 64.84 against the US dollar.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
Railway Budget has not discriminated against any state.
Subrata Roy turned up at a New Delhi stadium, best known for hosting the Commonwealth Games, last week as part of his country wide Abhaar Yatra.
Every evening when the lights glow in the huts of Gangapur village, the villagers thank two young men - Ajay Kumar and Somil Daga.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
