'We believe there will be a full shutdown for four weeks and a partial shutdown for eight weeks.' 'Hence, economic activity is unlikely to normalise before the end of May.'
Race for Asia's No. 1 MFI spot: Bandhan now closes in on Grameen Bank
India's plans to relax foreign direct investment (FDI) rules across a broad spectrum of industries have received the final approval from the Cabinet Committee of Economic Affairs (CCEA).
They have cited higher capital for bad-loan provisioning, pending legislative amendments, and delay in finalising rules by the Reserve Bank of India (RBI) as some of the reasons.
Prof B Ravishankar from Mylapore, Chennai shares his inspiring story.
If you don't, you are making yourself more vulnerable to hackers, stalkers and thieves.
A robo advisor may seem like the perfect solution for those with only a small investment capital who are just starting their investment journey, says Mrin Agarwal, founder, Finsafe India.
Advisors and agents known to you personally can also sell wrong policies.
Priya Nair tells you how you can use technology to invest better and maximise returns.
A total of 211 companies issued 763 offers to the students in the first phase which is the highest number of placement among any IITs across the country in this year.
The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.
As India logged a world record of over four lakh coronavirus infections on Saturday, Congress leader Rahul Gandhi said the entire world is shaken by what is happening here and accused Prime Minister Narendra Modi of "dropping the ball and throwing it to states" after prematurely taking credit for having "won against COVID-19" when the second wave was already underway. "Rely on yourself is the motto. No one will come to help you. Definitely, not the prime minister," Gandhi said, while alleging that the COVID-19 situation has gone completely out of control for the Modi government, and wondered whether it was their way of making the states and the citizens truly 'Aatmanirbhar'.
'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'
The government has the upper hand in the ongoing negotiations, and it is unclear if a real debate will happen, observes Tulika Narayan.
The CBI has shared its findings with the Enforcement Directorate.
The company and its sister concern, Forever Precious, owe close to Rs 5,500 crore.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
Street may be ignoring TCS headwinds as the stock's peak valuation doesn't seem justified by BFSI weakness, likely higher US tax rates and stronger rupee, reports Ram Prasad Sahu.
'As is mandatory in Bollywood these days, Blank too insists on painting a ferocious Muslim imagery of bushy beards, severe kohl-eyes and chequered scarfs spewing distorted religious ideology to impressionable young minds,' notes Sukanya Verma.
Top tier Indian software companies should see strong topline growth in FY04 due to the country's emergence as an attractive destination for outsourcing, according to credit rating agency ICRA's report on information technology.
The B-school also witnessed new roles in the domain.
India Ic has pulled up its socks to perform even better in FY16.
Spotlight likely on cement, metals, road cos
The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.
Airtel on Thursday launched a card that will enable subscribers to access internet through wireless medium in India and abroad.
Plan to lay off excess staff, trim salaries of top executives.
Sahara was to provide a bank guarantee from HSBC.
The modus operandi highlighted by CBI says that while the corporate strikes a deal for imports with a company in one country, the billing is done at inflated prices in other country by the group's front company.
It is only gradually dawning on us that some of the information we have trustingly shared with commercial service providers can be used against us when we apply for a job or when we apply to admission to a college, says Ajit Balakrishnan.
The Credit Rating Information Services of India Ltd (Crisil) has reaffirmed its ratings of three different fund raising programmes of Tata Iron and Steel Company Ltd (Tisco).
A bench headed by Chief Justice Ranjan Gogoi asked the parties to furnish 'forthwith' the details of electoral bonds received by a political party till date.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
Inter-governmental body FATF has come out with elaborate suggestions on ways to prevent misuse of corporate vehicles and on having a risk-based approach for the banking sector to help curb money laundering and terror funding activities.
The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.
These tips can save a lot of money for every car loan customer.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
They play a key role in managing rescue and liquidation processes envisaged under the Code
LinkedIn hopes to bring more first-time job seekers there, apart from technology talent from the smaller cities.
