A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country ranging from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur and Madhya Pradesh's Mandasaur and state capital Bhopal.
Those people without the Aadhaar number have found a loophole in the system
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
USL is already contesting a Karnataka High Court order.
The law minister said 20 Muslim countries in the world, including Pakistan and Malaysia, have banned the triple talaq. "Why can't a secular India do it?" he asked.
Welcoming the passage of Lokpal Bill in the Rajya Sabha, India Inc said that once enacted it will help weed out corruption, boost investor confidence and expedite the decision making process.
Lt Governor Najeeb Jung, who is now administering Delhi after President's rule was imposed, on Tuesday made it clear that none of the decisions and initiatives taken by the Aam Aadmi Party government will be scrapped, including the 50 per cent subsidy on power tariff.
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
While Rajya Sabha Chairman M Venkaiah Naidu asked the protestors not to make the House a "clog in the wheel" of progress, Lok Sabha Speaker Sumitra Mahajan said they should keep in mind the larger interests of the nation.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The apex court also asked Sahara Group to provide it within two weeks the list of 'unencumbered properties' which can be put on public auction.
Market regulator is trying to build a large team of software experts for efficient monitoring and surveillance
Hospital authorities said of the deceased at the GTB, at least nine received gun shots. One of the deceased is also a woman, they said.
Two US Olympic swimmers flew home from Brazil on Thursday after a local crowd jeered them, calling them "liars" and "fakes", and police accused them of fabricating a story about being robbed at gunpoint during the Rio Games.
Both the government and RBI have to complement each other if the economy has to revive quickly.
Indigo, the largest player in the domestic aviation space, cannot afford to ignore new entrant Vistara.
The non-viability of green crackers may pave the way for e-crackers.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
We need a change in mindset, says the RBI Governor.
Administration is an evolving process, requiring the civil service to constantly re-invent itself to meet new challenges. The administration must become accountable to the law of the land and to the people.
Prime Minister Narendra Modi will hold discussions with public sector banks (PSBs) and financial institutions to draw up an action plan for banking reforms
The finance minister has said that United Bank has managed to reduce its non-performing assets.
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
The evolving RBI-government relationship, a reversal in the interest rate cycle and return to profitability will dominate bankers' conversation this year, says Tamal Bandyopadhyay.
High rates of such schemes deter banks from dropping borrowing rates - and thus lending rates
The scandal stemming from longtime USA Gymnastics doctor Larry Nassar's sexual abuse of young female athletes could take a financial toll on the sports federation for years, sponsorship executives said.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
RBI data show one-fifth of all the infrastructure loans are stressed and the share of such loans in overall stressed assets is nearly a third.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
The winter session of Parliament will commence on November 26.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.
Since January 2015, the central bank has lowered its policy rate.
The External Affairs Ministry on Thursday discarded the article titled 'India's embarrassing North Korean connection' by Nilanjana Bhowmick in Al Jazeera, a Doha-based broadcaster, saying the insinuation regarding New Delhi's assistance to North Korea in United Nations proscribed activities is 'baseless and without any merit.'
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
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