The focus will definitely shift towards more meaningful trips than the kind of micro trips we were into before, says Varun Arora.
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution and announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles, even as it shrunk the budgetary allocation for the environment ministry from the last fiscal by nearly eight percent. Union Finance Minister Nirmala Sitharaman, in her budget speech for 2021-22, announced a total of Rs 2869.93 crore for the ministry, Rs 230 crore less than the last fiscal. Officials said the outlay has been lesser this time as the economy is recovering from the COVID-19 pandemic.
Monetary incentives under Skill India to small entrepreneurs, capital infusion into technology fund to help businesses expand operations
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
The feeling to always be in control can hinder progress and cause serious trust issues among other stakeholders, say Nitesh Jain, CEO, co-founder, BeSingular.
What is the 'Return on Equity' ratio? We discuss this ratio that deals with book-value or 'equity'. It and is used to measure the 'efficiency with which a company utilises the equity capital.'
According to research by IHS Markit, for an ecosystem still grappling with infrastructure issues -- the high cost of EVs and a greater OEM (original equipment manufacturer) focus on electrifying two-wheelers and commercial vehicles first -- the share of such vehicles is expected to be 4 per cent by 2030, reports Pavan Lall.
Smart Cities can be a success depending on the basic amenities it manages to provide citizens.
Rather, they are ideal investment vehicles for those who want debt exposure, get the tax-break of an equity investment and skip the volatility of the equity market
'At this moment, the Trinamool has an edge.'
Infosys Technologies Ltd announced on Tuesday its selection as Best Outsourcing Partner by readers of Waters, a leading publication covering the needs of chief information officers in the global capital market firms.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
Governments that do not respect central banks' independence will sooner or later incur the wrath of the financial markets, ignite economic fires, and come to rue the day they undermined an important regulatory institution; their wiser counterparts who invest in central bank independence will enjoy lower costs of borrowing, the love of international investors, and longer life spans, said Acharya, who will return to the New York University's Stern Business School in August.
The five-acre facility, set up by M&M through a joint venture with government owned company MSTC, went on stream in April this year
Returns on capital harder to sustain as debt levels rise; responsibility for this invariably of firms themselves
Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.
Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.
Change will have to begin with Mr Modi, who by all accounts has shown little active interest in macro-economic issues, preferring instead to focus on the effective implementation of projects and programmes, points out T N Ninan.
'The announcement has come too late. This should have been done years ago.'
'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.
Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal.
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Addressing a Ficci-organised banking summit in Mumbai, he at the same time said that it will take several years for the country's banks to achieve the status of a large global bank.
BSE needs to shift focus from trading to capital raisin
History shows that confidence is at its highest just before a fundamental change occurs.
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According to the survey which drew responses from existing banks, NBFCs, corporate and industrial houses and other stakeholders, the setting up of new banks is considered significant in view of the fact that only 35 per cent of the country's population have formal bank accounts as compared to an average of 41 per cent in other developing economies.
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
This is despite the private sector companies outperforming their public sector counterparts, reports Sachin P Mampatta.
Anup Roy and Krishna Kant on the challenges the public sector banks face in revitalising themselves
The government's austerity drive announced on Thursday , would lead to a saving of up to Rs 40,000 crore (Rs 400 billion) or 0.3 per cent of the Gross Domestic Product (GDP) but poses risks to growth, Japanese brokerage Nomura has said.
The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
Sunil Sethi caught the coronavirus. This is what happened next.
Vodafone has rejected a restructuring call by an activist investor lobby that would have unlocked up to $75 billion to shareholders, saying such business strategies could have prevented it from recent acquisitions such as Hutch-Essar in India.
In the policy banks, the government can have 100 per cent stake, McKinsey said.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
From a modest beginning, Voguestock has established its various divisions and branches to provide high quality of integrated services in the field of Capital Market. The basic strength of any service organisation is its work force.
Ritesh Agarwal, founder of Oyo Hotels and Homes, seems to be making all the right moves. In a quick chat with Karan Choudhury and Neha Alawadhi, Agarwal explains the moves he has made in the past 12 months to make his operations global.
