The prime minister sought to allay slowdown concerns saying the fundamentals of the economy are strong, with low inflation and a potential to boost exports.
The dollar has fallen not just against commodity-linked assets but against other asset prices.
Be it for the organisation they work for, or for their own venture, if they believe in an idea, they work relentlessly towards it.
While the acceptance of cards, mobile wallets and banking apps is increasing, only 10 per cent of transactions take place through them.
'It is not simply demonetisation or GST, it is this government's failure to manage the financial sector crisis.'
Indian govt is trying hard to get global investors to invest in the country.
A day after the party's rout in Delhi elections, the knives are out in the Congress with leaders blaming each other and raising questions on whether the party has outsourced the task of defeating the Bharatiya Janata Party to others.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.
If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.
Arora started off his career at Wipro.
'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
'We are training people to learn AI, machine learning, robotics; it is just new programmes that teach them new things and the raw material, the people, are eager to learn.'
'Rahul Gandhi has personally paid a heavy price for this character assassination and remorseless ridiculing and the Congress, of course, has been demolished politically.'
'Trust a fund manager, buy some small-cap funds and stay invested.'
Around 60,000 people are expected to attend the free Global Poverty Project Global Citizens festival in Central Park on September 26. One of them will be Prime Minister Narendra Modi.
This week was the first time Peter and Indrani appeared in court no longer married, footloose and fancy free once again, even if in jail.
Are hacker collectives like Anonymous and Legion black hats or white hats, or do they lurk in the space between the two? Dhruv Munjal reports.
From PhonePe to Jio, everyone wants to be a Super App but it is still unclear if they will actually work in India.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
This picturesque city is a fascinating mix of Swiss quaintness and modern flourishes.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.
'The government has used the current macro situation to its advantage.'
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
The 'DPD' indicates how many days a payment on a respective account has been delayed. Simply put, it's trouble for the borrower
'Tarun Gogoi is incompetent to be chief minister. We heard Intelligence had warned him about possible aggression. Why did Gogoi fail to react?' 'Modi and his men have been spreading separatist messages across Assam for years. There is no way the BJP can shake off its responsibility now.' Former Assam minister Rameswar Dhanowar, who demanded Assam Chief Minister Tarun Gogoi's resignation for his failure to prevent the recent violence in Bodoland Territorial Areas District, speaks to Indrani Roy/Rediff.com
'I am not optimistic about the global economy for the next couple of years.'
'I don't think Siddhartha has done anything wrong. He has not managed his debt well. In any case, he is not the best example of the system going wrong or the system pushing him hard. I think on that particular day, he was depressed and took an impulsive decision. It will be unfair to blame the system.'
'The central and Assamese governments want to get 35 lakh to 40 lakh Bangladeshis (Hindus) to come to Assam and make the Assamese people a minority.' 'They want to make Assam a Bengali state.' 'Bengalis by nature are BJP supporters whereas Assamese people don't support the BJP.'
Money is being released and the government knows it will have to front-run private investment.
Minister Babul Supriyo wants Pakistani singer Rahat Fateh Ali Khan's song form upcoming film Welcome To New York to be removed.
Is it a good way to create wealth? Joseph Samson has the answers
'Rajan brought in a healthy air of competition in the banking sector.'
What is it about the charm of the Northeast and its mountains that it takes prisoners?
History would indicate that a recession is not that far off.
'Dev for me embodied all that kind of charm, optimism, energy, vulnerability, awkwardness and yet strength.' 'He's in every scene for two hours.' 'He has to play drama, melodrama, romance, pathos, comedy.' 'It was a relief when he said yes.'
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