The non-viability of green crackers may pave the way for e-crackers.
Indigo, the largest player in the domestic aviation space, cannot afford to ignore new entrant Vistara.
Both the government and RBI have to complement each other if the economy has to revive quickly.
'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.'
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
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
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
The finance minister has said that United Bank has managed to reduce its non-performing assets.
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.
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.
High rates of such schemes deter banks from dropping borrowing rates - and thus lending rates
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.
'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.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
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 winter session of Parliament will commence on November 26.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Since January 2015, the central bank has lowered its policy rate.
Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.
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.
The new Insolvency and Bankruptcy Code has serious drawbacks, finds out Somasekhar Sundaresan.
He also underlined that activism has to be blended with restraint and there cannot be a compromise with other aspects of the basic structure in the name of judicial independence.
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
With the arrest of the film censor board's CEO on charges of demanding bribes to clear films, the regulatory role of the panel is in focus once again
Hundreds others were wounded many of whom received bullet and pellet injuries and are undergoing treatment in various hospitals.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
I-T department raises tax demand on them for unpaid tax deducted at source
'Before Shastri's induction, things were sketchy and it was not known who was responsible for taking cricketing decisions around the team. The selectors chose a squad of players, the captain ran the show on the field and the coaches helped draft plans, or sort of tried to. There needed to be one man who could coordinate all elements around the squad -- someone who had the backing of the Board, the respect of the players and that of the support staff.'
'Even though an India-China military conflict scenario seems unlikely, its possibility gets enhanced if our capabilities are seen to be inadequate by the adversary,' warns Vice Admiral Premvir Das (retd).
Prime Minister Narendra Modi convened a high-level meeting at his residence on Tuesday morning to review the situation in Jammu and Kashmir.
The country would see more economic progress if the private sector was left to run business without government interference, Infosys founder N R Narayana Murthy has said at the Jaipur Literature Festival.
That's all it takes to protect an institution -- just one person with no past and no greed for the future, says Shekhar Gupta.