At present, investors who can buy up to 15 per cent in a stock exchange include domestic banks and financial institutions, clearing corporations, depositories and stock exchanges.
From a national point of view, inflation is the biggest threat posed by finance ministers.
Central banks should be free to decide on monetary and credit policy.
The filing of online provident fund accounts transfer claims on changing jobs for subscribers of the retirement fund body EPFO has become a reality now.
Religious institutions and charitable trusts employing 20 workers or more will have to deposit employees' provident fund with the EPFO.
Reliance Infrastructure, part of the Anil Dhirubhai Ambani Group, has said the recent Supreme Court order on gas supply to sister firm Reliance Power (45 per cent owned by R-Infra) will not impact its projects.
The EPFO has about 5 crore (50 million) subscribers and the decision will have a bearing on their retirement fund.
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
P Chidambaram said that the fiscal deficit target for 2013-14 will be met and the current account deficit will be contained below $40 billion.
Banerjee supported 'Nyay' (poverty alleviation scheme of Congress) and people of India rejected his ideology, the BJP leader said.
Ram Jethmalani, Hema Malini, Dara Singh and four other nominated members of the Rajya Sabha will complete their term on August 26, enabling the United Progressive Alliance government to get own choice of persons of eminence nominated by President Pratibha Patil.
Otherwise, EPFO can freeze your account. But seek detailed calculation to verify the numbers
The luncheon at his residence was attended by Planning Commission Deputy Chairman Montek Ahluwalia, Chairman of PM's Economic Advisory Council C Rangarajan, former RBI Governor Bimal Jalan, Foreign Secretary Shiv Shanker Menon and officials of the Prime Minister's Office.
Shweta Jalan, director, Advent India, discusses her career, successs mantras and offers advice to young grads aspiring to make a career in private equity firms.
The Malegam committee on the RBI's capital adequacy had suggested that the RBI must move away from its methodology to calculate the foreign exchange gains to a weighted average cost-based valuation method. Central bank may done away with provisioning requirements, to enable higher transfer of surplus in the 2017-18 fiscal, analysts say.
The Reserve Bank on Wednesday said it plans to issue new bank licences around January, "consistent with the highest standards of transparency and diligence."
Lalit Jalan, the younger Ambani's Wharton classmate and CEO of R-Infra, tells Nevin John that the company will put in Rs 2,800 crore (Rs 28 billion) over the next three years as equity in various projects.
The government's subsidy bill towards oil, fertilisers runs into lakhs of crores of rupees.
This amount will include Rs 13,100 crore that Economic Affairs Secretary Subhash Garg has been publicly seeking from the central bank's contingency reserve fund since 2017-18 (FY18).
The bench said that there are reports coming that many areas doctors are not being paid. "We saw report that doctors went on strike. In Delhi, some doctors have not been paid for past three months. These are concerns that should have been taken care off. It should not require court intervention."
RBI's current Deputy Governor Urjit Patel got 3-year extension in January.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Reserve Bank of India will announce the Monetary and Credit Policy for 2003-04 on April 29.\n\n\n\n
The RBI has agreed to consider the application of India Post in consultation with the government.
A top Finance Ministry source, however, said no discussion has taken place in the government so far on whether to extend Rajan's tenure or not.
Bimal Jalan refuses to make a forecast on economic growth, this year or the next. But he does confess that a week or two ago, he might have expected 5 to 7 per cent growth this year.
"Danone is seeking majority stake, but we are not going to do that. Danone is one of the few international companies with whom we are negotiating to be our partner in the value added dairy project, but we have not yet finalised it," Keventer Group chairman M K Jalan told PTI. "We want a structure where Keventer and the international partner will hold 44.5 per cent each and Rajasthan government 11 per cent for offering the land for the project," he said.
Apparel Export Promotion Council has hired a South Africa-based trainer to apprise garment exporters of new ways to increase their productivity level by holding workshops in the country.
RBI is expected to cut policy rates by 50 basis points by 2016.
Bangalore-based specialised software solution provider Manthan Systems has launched two new analytical products primarily targeting retailers and consumer packaged goods industry in North America and Europe.
AIMA has taken several path-breaking initiatives some of which include strengthening its Advanced Management Programme with active involvement of faculty from the world's leading b-schools.
He speaking in New Delhi on the occasion of release of a copy of India's Rurural Infrastructure Report prepared by National Council for Applied Economic Research (NCAER).
Today, with growth having slowed and macro-economic challenges in every direction, would the government have benefited from the advice of 'Harvard' economists? asks T N Ninan.
India Post had applied for a bank licence under RBI guidelines issued on February 22, 2013.
The company had appointed a three-member committee of directors to implement the changes.
Refusing to link his seeking voluntary retirement, a year before his superannuation, to his transfer to the relatively low profile power ministry, he said that he had conveyed his decision to the Prime Minister's Office on July 18.
John Williamson, Senior Fellow in the Institute of International Economics, thinks that the rest of the world will be impacted much more than the US, while former RBI Governor Bimal Jalan says that there is no concrete data to prove the argument.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
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