RBI has cut the rates thrice so far in 2015 by 25 bps each.
To the question on what comes first, clean up or growth, Rajan said the answer is unambiguously 'Clean up!'
The earlier government was blamed for non-performance, the current one will be rightfully blamed for mismanagement
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
Samples of Mother Dairy milk last week were found to be contaminated.
Here's why a career in digital marketing in 2015 will be very lucrative.
Global buyers are putting pressure on exporters to offer discounts between 10 per cent and 15 per cent.
The consumer durables segment declined by 23.4 per cent in June, as against a dip of 10.1 per cent a year ago.
'GST will bring in much needed transparency and higher investments in the coming years and we hope that a few percentage points to India's GDP.'
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
Several CII defence committee members confirm this is now the official CII position, which conforms to that of industry bodies, Ficci and Assocham.
Expressing serious concern over contraction in industrial output in November, India Inc called for immediate policy interventions, including a rate cut by RBI, to prevent job losses and boost demand.
Measures are also on the anvil to develop the remaining five districts of the state.
At least half a dozen are in the works with increasing brand awareness and growing purchasing power in upper classes.
The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.
Companies might have to shell out a fourth of the industry's annual net revenue to clear the obligation
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
The big breakthrough in e-commerce came in October when the big three of Flipkart, Amazon and Snapdeal went into an overdrive to win customers and offered pre-Diwali sales with eye-popping discounts.
Online shopping is the new buzzword amongst masses.
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Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures, including further liberalisation of FDI norms to improve economic condition.
Lack of consumer confidence remains a key issue, but these brands are addressing the challenge in their own unique ways.
India Inc on Wednesday said the Reserve Bank's move to cut interest rate by 0.50 per cent is "pro-growth" and exhorted banks to transmit the lower interest rate to borrowers to revive demand and kick-start the investment cycle.
A nearly two-fold hike in natural gas prices will incentivise investment in the hydrocarbon sector and help reduce the energy import bill, India Inc said.
Expressing serious concerns over the current account deficit touching a record 4.8 per cent in 2012-13, India Inc on Thursday asked the government to take all policy measures, including boosting exports and foreign exchange inflows to bring down CAD.
The Finance Ministry on Thursday said the growth rate in the current financial year will accelerate to 5.8 per cent, better than previous estimates, saying the green shoots of economic recovery are now visible.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
These firms offer job security and lucrative salries.
Whether it is the virtual world or the physical one using your credit card with a few precautions go a long way in keeping it safe. Be cautious and do not become a statistic in the growing credit card fraud!
'2017-2018 will be one of the best years for the country.' 'The wheel has finally started moving in the right direction. It should pick up momentum in the next 8 to 9 months to have a positive impact on the economy'
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
More lucrative routinely prescribed drugs are at higher risk of failing quality standards
Most companies often subsidise the sale and the delivery, making losses on their books.
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The Reserve Bank on Monday warned lenders against outsourcing their credit processing activities to third-party entities.
The number of cyber crimes in India could touch 3,00,000 in 2015
Thailand's importance to India's Act East policy is too significant to be overlooked.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
India may be hit if stalemate in Washington persists over two weeks.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Sanjeev Vashishta, chief executive officer at SRL Diagnostics, talks to Deepak Patel about expansion plans and regulations for the sector.
Notwithstanding the hype created by Bharatiya Janata Party about Narendra Modi, its ally Shiv Sena on Friday did not appear to be enthused about projecting him as National Democratic Alliance's prime ministerial candidate in the next Lok Sabha polls.
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