British tourists returning from Egypt told to leave luggage behind as airport security is tightened in wake of disaster in Sinai
Chidambaram to meet revenue boards on how to get much more and quickly; special audits and notices among measures likely.
The lawsuit seeks an injunction to stop the entire rule from going into effect.
Simplifying the processes will lead to greater efficiencies. Bad processes will not help even if implemented well, says T N C Rajagopalan
Since January 2015, the central bank has lowered its policy rate.
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
The future is uncertain and the past painful. So, Abdul Samad chooses to focus on the present, taking one day at a time, seeking solace in a game of chess in a bustling city.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
The posts of Chairman and MD in the private sector are held separately.
Action has been taken according to a memorandum that requires 'periodic review of performance of government servants'.
This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.
Interoperability with other insurance companies - apart from banks, medical centres, among others - would be the eventual goal
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
This could be the first instance when a consumer goods company would move court against NAA. The confrontation began after the government cut tax rates on over 175 items like toothpaste, shampoo, shaving cream and washing powder to 18 per cent from 28 per cent.
'The two-word answer is: Proper oversight,' says T N Ninan.
States' demand of compensation from Centre for loss of tax revenue not on agenda.
'The simple truth is this: That we had come to assume that a second term was Modi's for the asking. But the fact is that Modi will have to win one, just like everybody else.' 'And so much has he invested in his strongman persona that even a loss of just 50 seats from his extraordinary 282 in 2014 will look to his potential allies and to his party like a defeat,' says Mihir S Sharma.
Here are highlights of the 68th Republic Day parade.
Central KYC not in sync with Sebi's KRA system; regulator writes to finance ministry
Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront.
We need a change in mindset, says the RBI Governor.
Several exemptions have been given to reduce the cost of raw materials.
Pharma shares extended losses after the government's ban on combination drugs.
The online world is driven by convenience, simplicity and speed.
How will the RBI announcement on loan moratorium work for those with home loans, auto loans, personal loans, consumer durables loan? Here's what experts have to say.
With a sole mandate of inflation targeting, RBI wears many hats.
A Hindu Mahasabha leader and two other lawyers, who were allegedly in an inebriated state, have been arrested on charges of harassing the crew and passengers of a Chennai-bound flight before it was to take off from Coimbatore on Wednesday night.
Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut
KYC done while opening a bank account can be used to open a mutual fund account.
'I would like to convey the message to your readers that the prime minister himself is directly seized of the situation on the ground. He periodically reviews the situation on the ground and how it is moving forward, taking inputs from economists, business leaders, chambers of commerce.'
Dana Majhi's walk home is a shrivelling indictment of our humanity and of our priorities.
The Centre's notification lifting ban on bull taming sport Jallikattu during the festival of Pongal in Tamil Nadu was on Monday challenged in the Supreme Court.
Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
The Central Bureau of Investigation has registered cases against six sitting and former members of Rajya Sabha in connection with the LTC scam in which travel reimbursement was allegedly claimed by them through purportedly forged bills.
Brands in India are finding newer, more innovative ways to engage with a wider audience during festivals. But they still have a long way to go before they match global campaigns.
"This court cannot say that less charges should not be levied by them. After all, the consumers should be benefited. Court cannot exercise this power," it said.
BK Modi-promoted group registers company 10 days before the deadline
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