We need a change in mindset, says the RBI Governor.
The Tata Sons controversy has raised governance concerns. Arun Duggal and Mohandas Pai on the role of independent directors in such conflict situations.
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.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
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2014 made a lot of promises; can the new year deliver?
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.
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.
Letter to corporate affairs ministry cites slowing economy, capital challenges.
'EPFO's investments this financial year should be Rs 1 lakh crore'
'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.'
The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
After a 25-year stint at ICICI Bank, Mor suddenly quit as he wanted to add more value in the bigger areas of health care and financial inclusion.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
The environment ministry till May 2014 (still under UPA) ordered that cases like Vedanta's expansion plans need to consult people. But in December 2014, the NDA government reversed this position and in March 2015 the environment ministry extended Vedanta's environmental clearance till December 2018. This it did even while the question of the need for public hearing by projects in different kinds of industrial parks was being contested in the courts. This allowed the company to carry out construction.
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
No one really knows what proportion of the nation's wealth and income are available for defence
What goes behind the scenes for an American President's visit?
India Inc has too much on its plate to ensure double digit growth in FY16.
Banks might not have realised the exact implication of risky projects under PPP projects, which were getting implemented under high leverage
The challenges before the IT industry are many and its response over the coming months will shape the future of what has been one of the most vibrant value-creating and livelihood-enabling sectors.
By removing Avinash Chander last week, the government has chosen to sacrifice the organisation's most potent symbol of success
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.'
Even as three Rafale fighters line up in Bengaluru for eye-popping aerobatics displays at the Aero India 2015 exhibition this week, senior ministry of defence sources say the proposal to buy the French fighter is "effectively dead".
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
Railways must pull back its share of freight traffic.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The IMG meeting will be convened shortly.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
The options include involving jewellers as collection centres, addressing of issues that banks have been facing and using domestically available gold for giving metal loans to jewellers for domestic sales.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
The banking sector is set to move at a fast pace from hereon.
States' demand for 5 years and Constitutional provision ruled out
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
The NCSS is ready with the 'schematics' that would help government block all porn websites
Global retail behemoths seem to have read the signals right.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
Analysts say it is a case of over-promise and under-delivery.
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