'Expectations were being built up about radical moves and the action plan did not disappoint.'
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.
Woody Allen, I salute you for taking a position against the anti-smoking messages in theatres, writes Aseem Chhabra.
The panel will be asked to give report by March-April next year.
Even if they score administratively, state governments ruled by the party suffer from an inability to communicate positively, say observers.
A new CBDT directive actively makes India-dedicated funds comparatively unattractive for institutional investors. It makes no sense, says Akash Prakash.
About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
Amid growing demand for revoking the suspension of Indian Administrative Service officer Durga Shakti Nagpal, the Centre on Wednesday said it is awaiting a report from the Uttar Pradesh government based on which it will decide the future course of action.
Instead of condemning all businessmen, the PM may like to listen to some of them.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
This Haryana village believes it has 'found' the Saraswati river of the Vedas.
FIR says that the officials by virtue of influence exercised over them by Karti, not only ignored the serious illegality on the part of INX Media on both the counts but also deliberately showed undue favours to INX Group.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
The Nobel laureate filed an application before the High Court.
How could India@75 improve law and order, courts, social, physical and soft infrastructure, efficient cities, e-governance, ease of doing business and other essential state functions by 2022, asks Shailesh Pathak.
DFS writes to departments that haven't responded to RBI's request for information.
If it goes ahead, the combination would create the world's biggest exchange by revenue.
Even Delhi does not have a full-time registrar of chits.
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.
Jaydeep Barman and Kallol Banerjee reveal how they built the company from scratch.
The man who owns close to 94 per cent of the shares of Patanjali Ayurved, an unlisted company, does not, however, take a salary or receive dividends.
Kabaddi may now be behind only cricket in the popularity stakes.
After razing his ancestral bungalow, housed in an expansive 4.5-acres of prime location in the central business district of Bangalore, Mallya's attempt to unlock value in the land by building the luxury KingfisherTowers has been stalled.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
Chief Economic Advisor Arvind Subramanian's interview.
Not many people know that today's BPM industry gives specialists great career options.
Several exemptions have been given to reduce the cost of raw materials.
We remain at the mercy of the global economic climate.
Currently, foreign lenders are present in India only through branches or representative offices.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
Ellison and the two new co-CEOs each stressed that nothing would change under the new management structure, with Ellison staying on as executive chairman and chief technology officer.
Indian economy about to take-off
Revenue dept says changes in I-T Act require Parliament nod; new regime to wait till Budget in June-July 2014.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
CSK is reinventing itself to get rid of the controversies and improve brand value
Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.
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