By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
Reports have suggested Rs 400-650 as the possible IPO price
The biggest achievement of the Modi government in the past one year was it could bring positivity in the minds of people and industry, says V P Nandakumar, executive chairman of the Manappuram Finance Ltd, in an interview to Shobha Warrier/Rediff.com.
'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
A glance back at some important events that occurred in 2018.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
The Association of Mutual Funds in India (Amfi) has already taken up the matter with the market regulator and the finance ministry.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Nobody is clear what 'minimum government maximum governance' means.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Key relaxations traced in final regulations.
Changes in threshold not to have a significant revenue impact, say officials
But experts say downside limited, pockets of opportunities for investors
Modi is as divorced from reality as Manmohan Singh. He might want to sound expansive and visionary, but to be credible he must have his feet on the ground and know the reality around him. Instead of delivering irrelevant homilies to small and hence poor farmers, the prime minister should be thinking in terms of creating a huge demand for alternative employment, mainly in the construction sector, and his promised hundred new cities is a capital idea, says Mohan Guruswamy.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
SBI's gross NPA figures have shown a decline for three consecutive quarters.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
The proposals appeared so far apart that success seemed higly unlikely
The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.
Addressing bankers and economists at Bancon 2013, a flagship event of the Indian Banks' Association, Chidambaram told the lenders to deal firmly with wilful defaulters, but handhold those who are reeling under the impact of the economic slowdown.
The new economic affairs secretary believes that doing more of the same cannot help; you must do things differently.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
'Rajan brought in a healthy air of competition in the banking sector.'
Chinese govt has itself to blame for first trying to slow down the property market and later propping it up.
If allowed to go unchecked, this addiction can wreck you financially as well as emotionally.
The threshold limit for deduction of tax at source has been raised for unusual income such as winnings from horse race, commission
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
'We had a great product for the global market and we could sell it globally resulting in this amazing growth.' 'When customers come online and buy a product, they don't look at whether it is created in India or somewhere else.'
EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.
Firm terms lenders' move to appoint monitoring agency 'unwarranted'.
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
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