Perhaps the way forward could be the introduction of uniform rating standards - on the lines of accounting standards for the accounting profession - with a separate regulating authority for enforcing those standards, says Sudipto Dey.
Multi-Commodity Exchange of India is the only listed bourse in the country
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
Rediff.com highlights the provisions of the controversial Andhra Pradesh Reorganisation Bill, which was introduced by Home Minister Sushilkumar Shinde in Lok Sabha on Thursday amidst pandemonium.
To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.
Reserve Bank has almost finalised the structure of Central Fraud Registry.
For India, pulling out of the tournament, to be staged in England and Wales in June, is a serious option if the revenue sharing talks break down.
J R D Tata and Air India... Mrigank Warrier explores one of India's eternal love stories.
The fate of former IPL commissioner Lalit Modi, who contested the Rajasthan Cricket Association polls, is likely to be known on January 17 after the Supreme Court said it would open the sealed enveloped containing the results on that day.
'The critics are getting carried away.' 'The challenge for the RBI is not any erosion of autonomy caused by demonetisation.' 'It's the whole attempt to reduce the RBI's stature and role that has been under way,' says T T Ram Mohan.
Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.
As per the revised contracts, the players in the A+ category will get Rs 7 crore, while ones in the A, B and C will get Rs 5 crore, Rs 3 crore and Rs 1 crore respectively.
The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.
'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.
Application deadline may be extended but no leeway on priority-sector targets.
While some say he went overboard in the Sheena Bora murder case, others feel Devendra Fadnavis is sending out a signal that the chief minister is in full command.
The BCCI challenged the Rajasthan Sports Act 2005 allowing the former Indian Premier League commissioner to contest the RCA presidential elections on December 19 despite being banned for life by the Board.
The BCCI secretary after requisition from 20 affiliated units had issued a circular to conduct a SGM in New Delhi, in order to discuss policy matters with regards to decisions taken by the Vinod Rai-led committee.
B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post
State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny.
Rajiv Bansal's severance payment was Rs 17.38 crore
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
We remain at the mercy of the global economic climate.
Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.
This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits
The CSI300 index of the largest listed companies in Shanghai and Shenzhen ended at 3,355.16 points and the Shanghai Composite Index at 3,116.35.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
In a major crackdown against chucking, a senior official revealed that Pakistan on Thursday suspended 16 domestic bowlers with suspect actions following the ban of ace off-spinner Saeed Ajmal.
Income tax officials have directed property dealers and registration authorities to prepare a list of top property deals that have taken place in the last three years.
The successful implementation of the new Act will depend on a much bigger involvement of the state through a huge new superstructure of registration, certification and supervision
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
Bankruptcy Code will consolidate existing laws related to liquidation and sick industries
Corporatisation of NHAI was one of the achievements of the NDA govt.
PS banks need to pull up their socks to improve cash flows.
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
The IT department has a designated official to execute these rare powers.
Lt Governor Najeeb Jung, who is now administering Delhi after President's rule was imposed, on Tuesday made it clear that none of the decisions and initiatives taken by the Aam Aadmi Party government will be scrapped, including the 50 per cent subsidy on power tariff.
DEA officials to push for this at a meeting with FM Jaitley.