Dalal Street is bullish on invest
'RBI is taking all steps to complete the process expeditiously so as to release firm figures at an early date.'
Financials emerged as the top gainers while auto shares rallied on robust September sales
The government's step to curtail fiscal deficit is helping the central bank's monetary policy, Rajan said.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
As a result, the forecast of eight per cent retail inflation by January next year looks achievable.
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
FinMin officials say an announcement could be made in the Budget.
Banks might hold on to lending rates for the time being.
'If you sit collar turned up and tell yourself, you are great, you will never evolve as an actor.'
RBI Governor has been under pressure from Finance Ministry.
The meeting will focus on how to make the crisis an opportunity for India.
'Some reckon his bitterness results from wanting to stay relevant despite a waning career.'
The NITI Aayog may want us to believe this is one of the easiest payment systems in the world, but Tinesh Bhasin decodes the many unanswered queries and concerns involving the United Payments Interface.
RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes
SBI's net profit for the quarter rose 30.3% to Rs 2,910 crore ($468.4 million), from Rs 2,234 crore a year earlier on the back of rise in net interest income, fees, and control on employee costs.
India Inc has few leaders who are likely to grab headlines in 2015.
The Confederation of Indian Industry will organise a round table on investment.
According to a National Crime Records Bureau report, a total of 356 cases of sedition -- as defined under section 124A of the IPC -- were registered and 548 people arrested between 2015 and 2020, out of which only six were convicted.
Generally, the central bank grants its approval by mid-March, or latest by March 31, but most banks have not received RBI approval on bonus packages this year.
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
Railway Budget has not discriminated against any state.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
A two-year extension at the helm of the RBI still looks a real possibility
The American, who moved from US Navy to the corporate world, is considered best suited for this role because of her understanding of both production and distribution. Arnab Dutta & Viveat Susan Pinto report.
Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth lobby has been wishing for a rate cut.
I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
'The real India lives in the villages where everyone is trying to improve the other.'
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
There is a sharp difference between the total remuneration paid at the public sector and private sector entities
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Vijay Mallya, who faces prosecution in India, is reportedly in London.
We tried our best to recover money from Vijay Mallya: Arundhati Bhattacharya
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
When it comes to key hands-on management positions, India Inc is still largely run by men.
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