The rules seem to show he could have kept it, despite its much-reported value
In Maharashtra, the oil industry had tenancy protection till 1999.
Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
'We have a plan to plough back a 'This year in the first half we had profits of more than Rs 31,000 crore.' significant amount of profits this financial year.' 'We have seen this organic plough back of profit is one of best ways to support the equity of the bank.'
The bond market is not in a mood to reason with the Reserve Bank of India (RBI) on keeping yields low. The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent. The yield was at 6 per cent a week ago. The RBI wants the yields to remain at 6 per cent, but bond dealers say the central bank will have to step up its bond-buying programme.
We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.
Tea estates across Assam and West Bengal, which were hitherto closed owing to the lockdown, opened in April.
Supreme Court judge Justice DY Chandrachud, who has been asking lawyers to adopt technological interventions, on Tuesday said that he saw someone recording the court's proceedings on a cell phone and wondered "how can he do so", but then he realised this was not a big deal as nothing is confidential in an open court hearing.
Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.
'I hope more shows highlight the unsung heroes of our rich history.' 'As for bringing the trophy home, a man can hope, but truly I am just excited to be there.'
A global association for regulated funds that is leading efforts to shorten the settlement cycle for US equities has reached out to the Securities and Exchange Board of India (Sebi) with a plea to extend the T+1 implementation timeline by 18 months. The short transition period of four months does not provide foreign portfolio investors (FPIs), their services providers, and broker dealers sufficient time to make the necessary operational and compliance changes to accommodate a shorter settlement cycle, ICI Global said in its letter addressed to Sebi chairman Ajay Tyagi written a few days back. ICI Global carries out the international work of the Investment Company Institute (ICI), a global association for regulated funds, whose members manage assets of more than $42 trillion.
Launching the auction of mines for commercial mining, that is expected to garner Rs 33,000 crore of capital investment in the country over next five to seven years, Modi said it not only marks the beginning of unlocking of the country's coal sector from the "lockdown of decades", but aims at making India the largest exporter of coal.
Not Out! is a brilliant analysis of the IPL that explains why it alternates between thrill and scandal, says Dhruv Munjal.
Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.
For now, the concerns over bad loans have taken a back seat; a bigger challenge for the banking community is credit growth, explains Tamal Bandyopadhyay.
The police in every state teems with officers like Sachin Vaze, observes Virendra Kapoor.
Probably 35 bps. There could be even an encore in February 2023 to take the policy rate to 6.5% before the financial year ends, predicts Tamal Bandyopadhyay.
Bharti Airtel, Reliance Jio, Vodafone Idea said the Railways should not be permitted to offer commercial services like Wi-fi and voice and video communication.
'...for at least 6 months and give them peace of mind to get back on their feet.' 'Entrepreneurs are suffocating and not able to run their companies peacefully.'
'The way he has been interacting with everybody, be it the masseur or the assistant manager or the driver of the bus, or the new players who have not been part of the IPL before, he is making an effort to reach out to them and give them confidence.' 'That speaks a lot about the man that he is.'
'There is a communication gap between the Modi government and the allies. During the last one year, the NDA has met only once and that was two hours before the land bill was introduced in the Lok Sabha.' 'When Vajpayee was prime minister if any NDA chief minister asked for time , he was given it the next day. Modi is not doing it.' 'If there is tension on the streets, if there is insecurity amongst the minorities, then Make in India will remain a pipe dream.'
Reliance Jio and Bharti Airtel have enough capacity to absorb over 113.9 million Vodafone Idea subscribers who are on 4G if Vodafone Idea has to shut operations.
A revenue court on Wednesday ordered return of the land sold to Rajiv Gandhi Charitable Trust by an industrial house to Uttar Pradesh State Industrial Development Corporation.
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
Liquidity continued to remain tight. The Reserve Bank of India had to infuse around Rs 15,000 crore (Rs 150 billion) into the system. The market however expects the tightness to ease during the week, with the onset of government expenditure and successive cuts in the amount to be absorbed through treasury bill auction.
In MP, farmers say sales under new 'Sauda Patrak' method below MSP; Haryana mustard farmers wait for their turn to sell. The annual purchases of major rabi crops in North India largely wheat, mustard and also chana to some extent have been delayed as most cereal mandis were closed in the aftermath of the nationwide coronavirus lockdown.
Central bank moves to infuse liquidity into bond market to help boost sentiment.
'We are notifying ticket holders, players and staff that there will be no fans onsite at the AO for five days'.
The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.
A bleak demand outlook for steel in the domestic as well as global market is also another reason Tata Steel may be looking to have additional liquidity as margins are expected to take a hit in the coming quarters.
Vagela could not have reached this position if Narendra Modi, who'd known him from his chief minister days, had not backed the choice.
'The government is unwilling or unable to provide the kind of relief that Vodafone India is asking for.'
'No one cares about fiscal deficit now. Or for that matter, inflation.' 'The focus is on growth and growth alone.' 'RBI needs to break the risk aversion of banks and infuse adrenaline in their veins', says Tamal Bandyopadhyay.
The two-acre office complex under construction on the outskirts of Delhi will be home to about eight hundred company executives. Special care is being given to air purification and the building will be equipped with a three-stage air filter system.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
40 must know nuggets about the legendary Mahendra Singh Dhoni.
The central bank is the money manager of the government, and not a guarantor of any debt.
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
