'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in trouble?' 'It means, what happened was match-fixing.'
Indian talent may soon be allowed to work in France without a degree from a French institute.
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
With Prime Minister Narendra Modi emphasising the need to kick-start investment in the country, the project monitoring group (PMG) under the Cabinet Secretariat has asked various government departments to start monitoring projects for which clearances have been facilitated through this mechanism.
DMRC-like SPV to be floated in a month for the Rs 98,000 crore Mumbai-Ahmedabad corridor.
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
However, flow of funds, would naturally rest on economic growth, reports Ajai Shukla.
Rs 200-cr burden likely for TV rating agencies.
Chief Economic Advisor Arvind Subramanian spoke on a wide range of issues -- from GDP growth and fiscal consolidation to job creation and GST.
Businesses coming to terms with Ind-AS (Indian Accounting Standards) implementation, GST can do without further uncertainty and costs, say N Sundaresha Subramanian & Sudipto Dey.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
News of all that's transpired on and off the football field.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
It will now take at least two more years to get a clarity on the priorities and policies of the leadership of the new state of Telangana.
Limited IT staff may compel them to focus on big fish than small depositors.
India will finish their home series against Sri Lanka on December 24 before leaving for South Africa on December 28. They are scheduled to play a two-day warm-up tie starting on December 30 before taking on South Africa in the first Test on January 5.
Education, jobs, health and more: Experts share their wishlist.
The approvals would be handled independently by administrative ministries of different sectors.
Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.
Rules for mining, roads, power and irrigation projects relaxed.
Samples of Mother Dairy milk last week were found to be contaminated.
After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.
The Tata Sons controversy has raised governance concerns. Arun Duggal and Mohandas Pai on the role of independent directors in such conflict situations.
We need a change in mindset, says the RBI Governor.
While three operational mines in Chhattisgarh had a capacity of 12 million tonnes (mt), six were yet to start production.
The leadership styles of the two Gandhis being different, the party appears to be pulling in different ways. While Sonia Gandhi, the longest-serving Congress president, seems more predisposed to holding the government accountable on issues of probity, the younger Gandhi is more keen on taking up battles that ensure immediate victories.
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2014 made a lot of promises; can the new year deliver?
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Ginni Rometty, who is on Donald Trump's advisory committee, discusses the importance of an open workforce, work visas, and why India is a microcosm of all of IBM.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
What goes behind the scenes for an American President's visit?
'What is bank recapitalisation? When the rich take loans and do not return and the government returns that money to the banks.' 'What is restructuring 5:25 scheme? The government says don't return now, just tell us you will return after five years.' 'Why don't we apply these schemes to farmers?' 'I want to increase the power of farmers to blackmail the government as everyone in the country has the power to blackmail.'
Letter to corporate affairs ministry cites slowing economy, capital challenges.
For 'a person who has dedicated his life to teaching students, guiding them to restoring monuments and preserving our built heritage, I never dreamt that my home will one day be demolished.'
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