The meeting comes days after the finance minister told Parliament that he would discuss the possibility of further fiscal and monetary measures to revive economic growth, which is projected to fall to 7.1 per cent this year, as against 9 per cent or more in the last three years. The Central Statistical Organisation is due to release the third-quarter gross domestic product estimates by the end of the week. RBI is expected to announce more measures after the data is released.
PV Sindhu finally fetched India its first ever World Championships gold in the sport but spent rest of the year struggling for form.
The NSE Nifty has closed at 4,888, down 28 points.
Rafael Nadal is expected to be released from a clinic in Barcelona on Tuesday after undergoing a successful appendectomy, the world number three's spokesman said.
Liverpool are "100 percent" ready for the Europa League final against defending champions Sevilla on May 18, manager Juergen Klopp said on Friday.
Arsenal's young guns continued to shine as they dismantled Standard Liege 4-0 on a hectic night of Europa League action that produced a full house of Spanish victories on Thursday. A summary of the matches.
Reliance Industries has offered $13.5 billion to buy LyondellBasell Industries, 12.5 per cent more than its previous offer, and may sweeten it further to get control of the bankrupt petrochemicals firm.
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
RBI moves to restrict bank exposure to corporate loans.
Thinking of migrating to a more agreeable locale? Then perhaps you should consider moving to Vienna, which has been named the best city to live in for the tenth year in a row. However, the news isn't that great for Indians, with the list released by global consulting firm Mercer showing that Indian cities fared badly in the quality of living survey. The comprehensive survey is done with many factors being considered like housing, crime, political stability, leisure, air pollution, infrastructure, health system, education and economy.
"Earlier today...surrounded by a small group of close friends and family, Mirka and I got married," Federer said on his official website (www.rogerfederer.com).
On a good night for English clubs in the Europa League, Manchester United hammered AZ Alkmaar 4-0, while Wolverhampton Wanderers also thrashed Besiktas 4-0 in Group K, and Arsenal came from two goals down to draw 2-2 away to Standard Liege and finish first in their pool. The upset of the night came in Group J as Crivelli scored a 90th-minute winner against Borussia Moenchengladbach to send Basaksehir through and knock the Germans out, with AS Roma grabbing the runner-up spot thanks to a 2-2 home draw with Wolfsberger as the Europa League group stage concluded on Thursday.
Bobby Zamora and Bjorn Helge Riise twice combined to set Fulham on their way to a 3-2 win at snowy Basel on Wednesday, sealing the London club's berth in the final 32 of the Europa League. Hertha Berlin, in last place in the Bundesliga, scraped through thanks to a 1-0 win at home to Group D winners Sporting and Panathinaikos of Greece secured second place in Group F when Djibril Cisse scored two in a 3-0 win over Dinamo Bucharest.
Arsenal and Galatasaray are facing disciplinary action after supporters of the Turkish club lit red flares and threw them onto the pitch, briefly holding up play, in their Champions League group match on Wednesday.
Sevilla conjured up a dazzling comeback to clinch a record third successive Europa League title on Wednesday, flooring Liverpool with a 3-1 victory that showed why the Spanish side have become masters of Europe's second-tier competition.
Roger Federer's wife Mirka has given birth to twin girls, the world number one announced on his website on Friday.
Indian acquisitions have dropped to $27.3 billion in 2009.
Low cost of funds and low credit growth have meant unprecedented levels of capital adequacy ratios (CARs) for banks.
The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of "loan mela" to boost credit by directing banks to lend to people through public meetings.
'I am sure Dr Patra will get the fullest cooperation from the finance minister who needs workhorses, not prima donnas constantly looking to improve their CVs,' says T C A Srinivasa-Raghavan.
Jaitley said that the banks have to play an important role in achieving the higher growth rate.
Sindhu says the path to the Tokyo Olympic gold will be a tough one as now her opponents will look to exploit her weaknesses and she will need to add something new to her game to achieve success.
'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.
Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.
Reader Sharad Mehrotra sent us this picture from Switzerland.
Roger Federer is no longer chasing the top ranking and would rather be a contender at Grand Slams than battling Novak Djokovic and Rafa Nadal to be world number one, the Swiss tennis great said.
Group C leaders Barcelona should make it four wins from four matches against pointless Basel on Tuesday in the Champions League, while holders Manchester United can book their last 16 place with victory at Celtic.
State-owned ONGC is talking to world's leading chemical firms, including Itochu Corp of Japan and the two UK-based companies -- Ineos and Lyondell Basel -- for a strategic partnership in the Rs 12,440-crore (Rs 124.40 billion) petrochemical plant, which one of its units is building at Dahej in Gujarat.
The huge losses suffered by major banks recently, particularly in the United States and the United Kingdom, have brought to the fore the weaknesses of the architecture of the Basel II capital ratios, and have also raised questions pertaining to the wisdom of fair value accounting norms.
Praneeth said he needs to work on his fitness to trouble big players such as two-time world champion Kento Momota.
Government to infuse funds in cash-strapped banks.
Factfile on Switzerland's Roger Federer, who won a record 15th Grand Slam title after winning Wimbledon with a 5-7, 7-6(6), 7-6(5), 3-6, 16-14 defeat of American sixth seed Andy Roddick on Sunday.
Sindhu is now the joint highest medal-winner in women's singles in the World Championships history with former Olympic champion Zhang Ning of China, who won an identical 1 gold, 2 silver and 2 bronze between 2001 and 2007.
Two-time silver medallist P V Sindhu produced yet another commanding performance as she demolished Beiwen Zhang of United States in straight games to advance to the quarter-finals of the BWF Badminton World Championships.
The 31-year-old is still recovering from the knee injury which forced him to limp out of the Euro 2016 final against France in the first half, coach Fernando Santos said.
Striker Ibrahimovic and defender Rojo are back training with the first team after suffering serious knee ligament injuries last season while midfielder Pogba has shaken off a hamstring problem that has kept him out of the side since September.
Afghanistan President Ashraf Ghani has delayed his visit to India by a few hours.
The 23-year-old from Madhya Pradesh showed great anticipation and technique and added power to his smashes to bamboozle Jorgensen 21-15, 21-13 in a lop-sided contest.
The excitement is building in Germany which has about 2.7 million people of Turkish origin, more than in any other country in western Europe.
The sharp rise in the number of structured products rated caused the revenues of leading rating agencies to jump. The quality of these exercises is today reflected in the vastly devalued status of those products. Rating in India can come into its own when there is lot more of debt to be rated, creating enough volumes for the agencies.
