The final guidelines should be there in 3-4 months.
Its time the RBI, govt pushes reforms to boost global investment
Union Railways Minister Suresh Prabhu on Wednesday said the Centre was seeking private capital investment in cash-strapped Railways to meet the resource crunch and it does not amount to privatisation as the Railways unions claim.
'It is clear that economic policy and reform under this administration will always be afterthoughts, something to be carried out only when no other political concern intervenes -- when, in other words, the government feels safe and comfortable enough to take a moderate risk,' argues Mihir S Sharma.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
Prime Minister Narendra Modi will undertake a day-long tour of his Lok Sabha constituency on Friday.
Arvind Kejriwal admitted that quitting was his biggest mistake and he would never repeat it.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
Ashish Chauhan is generous in his praise for his former bosses and doesn't flinch in pointing out the reasons why the BSE lost out in the initial years of the NSE.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
This week, as the I-T department scanned the deposits, reality hit them: Only a minuscule percentage of the Jan Dhan accounts had been used for money laundering.
India's Leander Paes and Rohan Bopanna crashed out of the Japan Open following a straight set defeat against Ivan Dodig and Marcelo Melo, in Tokyo on Thursday.
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
And when an inspector asked about the contents of unlabelled vials in the laboratory glassware washing area, a plant worker dumped them down a sink and said the contents could not be determined, according to a July 18 letter from the US Food and Drug Administration to Wockhardt, which makes sterile injectable drugs and various forms of insulin.
Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary
Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
