The first cycle starts with 1, then 2, then 4, 8, etc, until the infected population jumps to 16,384 at the 14th cycle, explains Devangshu Dutta.
CERC keeping an eye on movement of prices.
2014 sees slowest start to festival season in at least 7 years
Prassthanam is worth a one-time watch. Just don't go with high expectations, feels Karan Sanjay Shah.
RBI wants the lending rates to be determined by the market.
The category average return of mid-and-small-cap funds is 95 per cent.
Factories, shops closed for four days; list of dead now 38.
Even if some of those projects remain on paper, the potential for manufacturers and engineering firms is too big to ignore
While there is little one can do when the fund house restricts redemptions, it's best to exit even if it means some losses.
'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.
Commercial banks now prefer one-year certificate of deposit (CDs) to short-term paper (of three- to six-month duration) to raise money, as volatility in the money market in the three months through December has made them focus on stability and improving their balance sheet.
How investors can tweak their fixed income investments to earn more in the current environment.
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
'If we cannot handle an epidemic of that strata, (causing that kind) of excessive calamity, then we really have to prevent it.' 'If we become complacent in even preventing it, then we are in for a disaster.'
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Kaashi In Search Of Ganga is a treat for insomniacs, declares S Ramesh.
Shamsheer Ustaad refused to become collateral damage when his industry modernised, discovers Geetanjali Krishna.
A continued focus on low inflation will be important to keeping gold imports, IMF said.
The Jan-Dhan accounts are zero balance accounts, comes with a life cover of Rs 30,000 per person, and an accidental cover of Rs 100,000. An active user of the account can also get overdraft facility of Rs 5,000 from banks.
Be it loan waiver or DBT transfer, it only helps in creating a "feel good" factor and postpones the problem for some time if structural problems are not handled.
'Although the Election Commission remains convinced about the EVM's integrity, as a fair umpire of the game it was necessary to travel the last mile to convince political players that the entire process was not only fair but transparently so.' A fascinating excerpt from former Chief Election Commissioner Navin Chawla's new book, Excerpted from Every Vote Counts: The Story Of India's Elections.
Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.
In February, FPIs sold $421 mn in debt; in March they have sold $133 mn so far
Banks have played a critical role in infrastructure financing.
'Given the 50 per cent or thereabouts increase in borrowing that has been announced, it is a reasonable estimate to say that at this time, an increase of 1.7-1.8 per cent on the 3.5 per cent budgeted fiscal deficit target is being anticipated,' Chief Economic Adviser Krishnamurthy Subramanian said on Friday.
Experts hail 2014 as the worst year for banks.
'We are all in a tizzy about NBFCs in the aftermath of the IL&FS default.' 'We tend to jump to the notion that an NBFC is like a bank. But banks make a promise that deposits are liquid and have an assured return.' 'NBFCs make no such promises,' points out Ajay Shah.
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
High interest rates and lack of funds has hit non-banking finance companies. Though banks had extended loans to NBFCs at fixed rates, there is a reset clause which is now being exercised. Besides, the increase in interest rates is impacting companies that were borrowing directly from the market. What is also making life tough is the demand for longer-tenure loans by borrowers as they want to keep the equated monthly instalments under control despite a rise in interest rates.
The only concern for India is that the batting at the moment is slightly the Virat Kohli show.
'Mr Vajapyee felt that you could pray to any god or not pray at all, but the country comes first.'
Some pointers which will help an individual start her investment journey with confidence.
E-cigarettes pose a huge health risk to users, who more often than not are adolescents and young adults
The disease could go down several paths. One possibility, the least likely, is that it will just disappear. The most likely is that it will have seasonal impact, says Devangshu Datta.
The hike in the defence spending was announced as the Chinese legislature, the National People's Congress opened its annual session, which this year also marks the once-in-a-decade power transfer.
Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
In 2009, the UPA government, had announced a slew of measures to boost liquidity in NBFCs. These included a scheme for providing liquidity support to NBFCs having assets size of over Rs 100 crore through a SPV.
The report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised by their group companies to repay the existing debt obligations with IL&FS Financial Services Limited.