In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Compared to their Indian peers, MNCs have higher return ratios.
While auditors have come in for a lot of praise for their proactive stand against what they perceive to be dodgy practices followed by companies, there is still a long way to go, says Shyamal Majumdar.
The government has provided a long-term vision.
The money was paid to Mallya in two tranches in his offshore accounts.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
The television channel is in hot water for not having made a public announcement in 2009 of a 'change of control' of the company.
Economic growth in the last two years has stayed above seven per cent.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
With months to go for the Karnataka assembly elections, the man in the hot seat, Chief Minister Siddaramaiah says he'll make billionaire jeweller Nirav Modi and the Punjab National Bank scam an issue in the upcoming Karnataka elections . In an interview to CNN-News18's Deepa Balakrishnan, the CM also says that Hindutva is not a campaign issue in the state.
'Given that 95 per cent of rapes are committed by adults and only 5 per cent by juveniles, these 95 per cent of rapes will continue to take place, so what women's safety are we talking about?'
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Promoter entity RRPR - owned by Prannoy and Radhika Roy - says allegations baseless; replies to queries by Sebi.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
The collapse of an under-construction 11-storey building in Chennai which claimed 11 lives should serve as a wake-up call for the housing sector to have a regulatory mechanism for the construction industry, says N Sathiya Moorthy
Indian economy about to take-off
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