Only by slashing its current spending can the government hope to generate the rise in domestic savings of about 6% of GDP required to boost investment to the levels needed to achieve its growth goal of 8% a year.
The Board of Control for Cricket in India has written to its affiliated units stating that their registered players should not participate in the unsanctioned Indian Junior Players League (IJPL), scheduled in Dubai from September 19-29.
Bank of Baroda is likely to merge its housing finance arm with itself in view of duplicating loan portfolio and increased cost of deposits and the need to maintain separate capital adequacy for BoB Housing Finance.
Bank of Baroda will complete 50 years of operations in African nations, Kenya and Uganda, in December, even as it plans to foray into China and Malaysia.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
'In Bastar, as in Delhi, being branded 'anti-national' in the eyes of the government now seems to have acquired new meaning,' says Aakar Patel.
Rediff readers tell us what their first salaries meant to them.
Amruta Fadnavis, Raghu Ram and Abhishek Kapoor came together for an important cause.
'Walmart will source globally and more from China and will dump these cheap goods in India, making our country a dumping yard.'
Many traders say that after demonetisation cash in the market has drastically reduced
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
Now, you can own a two-wheeler for Rs 18.5 per day
The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.
The bid to purchase the chair on which Bharatiya Janata Party's prime ministerial nominee Narendra Modi sat during the Agra rally has gone up to Rs 4.21 lakh even as senior leaders said the practice was against party's culture.
Gold sales were reported at 40 tonnes last year; this might have been surpassed this year.
Congress General Secretary Digvijay Singh's younger brother Laxman, who is the party nominee from Vidisha constituency in Madhya Pradesh for the upcoming Lok Sabha polls, said he was hopeful of a victory against Bharatiya Janata Party stalwart Sushma Swaraj.
The report states air quality in Indian households, especially in the rural areas, is lethal due to use of wood or cow dung as cooking fuel coupled with poor ventilation.
The air quality in Delhi is turning worse, Deputy Chief Minister Manish Sisodia said.
Bollywood pays homage to one of India's finest actors.
'No country or society ever prospered or remained secure by marginalising more than one-sixth of its own,' warns Shekhar Gupta.
Opposing a government-panel proposal to hike FDI limit in multi-brand retail, the Confederation of All India Traders (CAIT) on Wednesday said such a move will hurt interest of small traders and mostly benefit large corporates.
In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator
To run 24/7 establishments require infrastructure such as public transport.
EY Foundation India and India Paryavaran Sahayak Foundation have come up with a cost-efficient and scalable solution. The project involves spreading awareness and driving usage of in-field straw management practices among farmers, to reduce the air pollution caused due to crop residue burning.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
Trade analyst Vinod Mirani gives us the weekly box office verdict.
Here's a glimpse of all that happened around the world last month, in 20 images.
Channel partners have started adding more value in marketing and sales. They are increasingly acting as advisors -- sales professionals than brokers.
However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19
A committee on digitalisation headed by Andhra Pradesh Chief Minister Chandrababu Naidu had in an interim report recommended taxing cash transactions of at least Rs 50,000 to promote digital payments.
With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.
India has emerged as a favoured location for captive technology units of Walmart, Lowes and Daimler.
While the Supreme Court has cleared the decks for the release of the Sanjay Leela Bhansali movie, there is uncertainty over whether it would be screened in the three states, as some multiplexes and single-screen cinemas fear the repercussions.
What does the box office of Akshay Kumar and Hrithik Roshan's film have to say?
In terms of disability adjusted life years, an average person in Delhi lost a healthy week of their life in 2017, and almost all of it due to outdoor air pollution.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
A handful of online retailers have started offering alcoholic beverages through the e-commerce route since then. Letsbuydrink.com caters to Delhi, Gurgaon, Faridabad and Mumbai and offers imported alcoholic beverages for sale.
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