'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.
In New York market, the dollar continued to weaken against its rivals yesterday on a day devoid of major data releases out of Europe and the US.
The rupee had lost 30 paise to close at 61.35 in the previous session on Friday on fresh demand for the US currency from banks and importers due to firm dollar overseas and sharp fall in local equities.
Companies shipping to Europe to see rupee revenues coming under pressure.
Rupee retreats from 3-week high against dollar ahead of Budget.
The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes
All in all, Cairn India shareholders are getting a 9.1 per cent premium based on closing prices of July 22
Describing information technology as a change-agent, Modi said IT has the power to transform the country in several ways.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
'It might get worse. We don't really know what is it that is resulting in the high value of R now.'
Ahead of the Kumbh Mela from January-March 2019 at Prayag, the tanneries have been asked to shut down to stop discharge of effluents into the Ganga.
Indeed, if you look at this hypothesis with sufficiently jaundiced eyes, you will find plenty in common in the way 'Team India' conducts its affairs and the way 'Team Modi' does, argues Krishna Prasad.
After the 2019 election, one thing is sure: GST will see a number of changes, explains Indivjal Dhasmana.
US gold futures slid over 1 per cent on Thursday, while silver futures dropped 2 per cent.
As a function head or a founder, it is your primary role to get good people excited to work for you or your firm, feels T N Hari, head of HR, BigBasket.
The domestic currency has gained 9 paise or 0.13 per cent in two days.
While the RBI can nudge things along, ultimately bank owners must recapitalise and review internal processes to ensure that a culture of irresponsible lending doesn't continue, says Devangshu Datta.
Despite the recovery to above $40 levels after hitting $28-29 in Jan, worries of over-supply in the face of weak demand remain.
Do the producers want us to see more of Nitibha and Manveer? Is that why the less popular contestant got to stay on
Food and fuel are two perennial areas of concern.
Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani in developing a 5 million tonnes a year import facility at Dhamra in Odisha. The two will also set up a joint venture to roll out a fuel retail network of 1,500 outlets, mostly on highways, in the next 10 years, Adani and Total said in a joint statement.
The price of ensuring no disruption after rolling out the GST seems to be an imperfect GST with many relaxations in its compliance norms, says A K Bhattacharya.
The rupee appreciated by 10 paise to close at a nearly six-week high of 60.29 against the US dollar in the previous session tracking a solid rally in local shares and continued dollar selling by exporters and some banks.
Modest growth projections hits IT sector.
Make In India and the reduction in barriers of trade will potentially create a growth environment.
The Mondelez portfolio in India also includes brands like Bournvita, 5-Star. Nikhat Hetavkar finds out how it stays relevant amid strong pushback from millennials over health effects of its products.
Chelsea manager Jose Mourinho watched his team suffer a 2-1 loss at table-topping Leicester City and then said he felt ashamed at their lowly Premier League position and betrayed by his players.
Monsoon is critical for the country's 263 million farmers and their rice, cane, corn, cotton and soybean crops because nearly half of its farmland lacks irrigation.
Carmelo Anthony came to Team USA's rescue with a record-breaking effort on Wednesday as the defending Olympic basketball champions beat Australia 98-88 in a thrilling encounter to extend their overall winning streak to 20 games.
Paloma Sharma -- the only non-middle aged, non-canine member of the home -- on a Sunday spent at the bank.
Launched this April, the FCG business will end the year with a turnover of Rs 500 crore
Economic growth in the last two years has stayed above seven per cent.
'In this chicks-rule-the-roost universe, the men are non-existent, untrustworthy or plain incompetent and it's the women who are providing for each other's fantasies.' Sreehari Nair applauds Ocean's 8.
Founders should have faith in themselves, their vision and their team, feels Infosys founder Narayana Murthy.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Surging value of dollar may be posing the biggest threat to US corporate earnings.
Take a moment to consider ways to improve your finances.
Kerala Tourism has drawn up God's Own Country 2.0 and the department is going all out to repair the state's image and infrastructure. Apart from being a damage control exercise, it is also an opportunity to reimagine the state as a tourism brand.
'In a country like ours, people talk about wanting to be like Singapore, but when it comes to paying taxes, they start criticising.' 'The medicine is bitter, but the long term effect is good,' Senthil Natarajan, who runs Kovai Pazamudhir Nilayam, a one of its kind fruit and vegetable chain in Tamil Nadu, tells Rediff.com's Archana Masih.
The predictions appear in the annual letter from the Bill & Melinda Gates Foundation, chaired by the Microsoft Corp co-founder and former chief executive and his wife.
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