'Tarique Rahman's refrain during the electoral campaign was that the minorities are safe under BNP. He has to honour that promise.'
Anupam Kher invited his friends and colleagues from the film industry for the special screening of his second directorial, Tanvi The Great, in Mumbai.
PV Sindhu cruised into the women's singles final with a dominating straight-game win over fellow Indian Unnati Hooda in the semis.
Chanting 'Justice for RG Kar' and 'Justice for our sister', hundreds of IT professionals took to the streets of Sector V in Salt Lake, the city's IT Hub, protesting against the rape and murder of a post-graduate trainee doctor at RG Kar Hospital.
Sonu Nigam turned 50 on July 30, and hosted a grand birthday bash in Mumbai on Saturday night.
'How many voices from that time have stood the test of time?' 'There have been RJs before him and after him, but no one has enjoyed his popularity and longevity.'
'Rather than experimenting with CBDCs, we must come up with a very simple and straight design.' 'Dematerialise your currency/cash and with that dematerialised rupee allow all the transactions digitally.'
How did Bollywood spend the long weekend? By travelling, of course!
Reserve Bank of India (RBI) deputy governor M Rajeshwar Rao on Wednesday defended the central bank's decision of not allowing industrial houses to float banks, and said more deliberations are needed before RBI changes its stance on this issue agreed back in 2001. An internal working group (IWG) of the RBI had recommended allowing industrial groups into banking, but late last month the RBI said it kept on hold the two recommendations of allowing industrial houses and large non-banks to float banks. However, RBI had accepted 21 of the 33 recommendations of the group that submitted its report a year ago.
The HT Most Stylish Awards were held on July 15, and Bollywood's swish set made the red carpet look very, very, glamorous.
The pilot of Vishal Bhardwaj's much-anticipated adaptation of Agatha Christie's The Sittaford Mystery is here. Aditya Roy Kapur's hotel manager takes on Anil Kapoor's all-powerful arms dealer. Idris Elba is back in action. Sukanya Verma shares her OTT recommendations this week.
If Reliance has to pay about one percentage point more for short-term money, the bond market could be out of bounds for many lower-rated firms after some time.
India imports 1.2 billion barrels of oil, and oil prices are falling, falling...
Stars dazzled on the red carpet at the Filmfare OTT awards.
Business activity contracted in Q2 FY20, the first contraction since 2013-14 and the second since the 2008 global financial crisis, report, Abhishek Waghmare and Anup Roy.
For willful defaulters, change in ownership accompanied by punitive action against the defaulting management is the way to go.
The international award-winning series Delhi Crime returns for a second season, and certainly called for a special screening that no one wanted to miss!
Chances of a rate cut in April improve if core inflation continues to ease, growth falling below the projected 7.2% for FY19 and if the global trade slowdown exacerbates.
Although such alerts are not compulsory for the banks, this may become the norm now if payments are missed even for a day.
This comes against the backdrop of instances of indicative ratings given by agencies, for which there are no written agreements.
A five-judge constitution bench headed by Justice KM Joseph is likely to give its verdict.
Theoretically, the currency with the public should expand in sync with the nominal income, which again moves in relation to the nominal growth rate of the economy. But the correlation breaks easily when other factors come into play, says Anup Roy.
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
With banks staying out of the bond market, and foreign investors exhausting their investment limit, the question is: Who will buy the Rs 4.6 trillion bonds that will be issued from April.
Will the Financial Resolution and Deposit Insurance Bill endanger our bank deposits?
The general nervousness because of the IL&FS default will prevail in the system for now.
'When the rupee was at 65 a dollar, we wanted to go to Thailand for a holiday.' 'Now at 72, we may find Goa much more attractive.' 'That's how correction happens.' 'If you don't let that correction happen, then it's a pressure cooker that bursts one day.'
'For the RBI, for a central bank, reputational risk is the worst risk.' 'Credibility is the worst risk,'
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
The distinguished actress Shaukat Kaifi, mother to Shabana and Baba Azmi, passed away on September 22.
While RBI may cut rates by 25 basis points in the February policy review, global monetary policies hold the key to much of the financial assets flow in 2017
'India's sizeable foreign exchange reserves should serve as a buffer.'
The Supreme Court on Wednesday asked the Centre to produce before it the file related to the appointment of Election Commissioner Arun Goel, who was appointed on November 19.
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.
People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
Analysts, however, said the timing of the infusion was good.
'In my 20 years, I have never seen such high rates.'
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
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