The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
'It's looking odds-on there won't be a data protection law before this edition of the Lok Sabha is dissolved.' 'This limbo has enabled all sorts of businesses that would be illegal in countries that do have data protection laws,' notes Devangshu Datta.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.
The global ratings agency, however, cautioned that high debt burden remains a constraint on the country's credit profile.
In this Budget, too, there were a number of measures aimed at plugging tax leakages and ensuring greater compliance, says Sanjay Kumar Singh.
Businesses that are engaged in both taxable and non-GST supply have re-structured themselves into separate entities to avoid elaborate compliance, says Sudipto Dey.
'We have promised to ensure reduced tax rates.'
The country has come a long way in the process of financial inclusion, Raghuram Rajan said, but "still has a way to go".
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
The first vaccine candidate will be an intra-muscular one, followed by intra-dermal and nasal ones, depending on test results.
FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.
A loss of revenue from liquor sales will have to be compensated through increased landing and parking charges on airlines, which, in turn, will pass on the cost to flyers.
Conversion into jewellery during redemption would entail 15-20% wastage and making charges, rendering the scheme inefficient
Activist Teesta Setalvad on Monday recorded her statement before the CBI in connection with a case against her firm for alleged violation of FCRA.
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
To unravel Khan's overseas business, one has to rewind to 10 years ago when Londoner Richard James Moore floated a real estate company called Winford Estates in Surrey.
The government is determined to stop generation of black money, he said.
With a sole mandate of inflation targeting, RBI wears many hats.
The Department of Commerce alleged that Huawei was engaged in activities that are contrary to US national security or foreign policy interest.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
FMCG has been behaving unlike a defensive category in recent quarters.
Let us look at this scheme a little more in detail.
It's too big to digest as one whole airline.'
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
Vodafone Idea, the promoter of Aditya Bira Idea Payments Bank, said in a notification to the exchanges late on Friday that the board of the bank approved winding up the business, subject to approval from the Reserve Bank of India.
A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA.
IOC ethics committee looks into Rio payment claims
Keep at least one family member in the know of all your investments
Watal panel had suggested an independent payments regulator be set up.
Report says gold being exported by persons of Indian origin and routed through Dubai
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
Michel, who was extradited from Dubai recently, was arrested by the Enforcement Directorate on December 22 and sent to a seven-day custody of the agency over money-laundering charges in the scam by a court.
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
EPFO has a subscriber base of around 6 crore (Rs 60 million).
India needs to spread irrigation and do so against a backdrop of rising water scarcity and depleting groundwater resources
A new formula for pricing natural gas in the domestic market was determined; the decontrol of diesel prices was announced; and the scheme that directly transferred subsidies to bank accounts of users of liquefied petroleum gas (LPG) cylinders was modified and relaunched.
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