The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes
PM's announcement were focused on those most affected by the note ban.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
The report, 'Road Ahead Clears Up for Oil PSUs', says the decline in underrecoveries, or losses oil-marketing companies incur on selling petroleum products below market price, will have a significant positive impact on both upstream and downstream public-sector oil companies.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
EPFO manages a huge corpus of over Rs 6 lakh crore (Rs 6 trillion).
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.
'If an investor wants to clone an ace investor's portfolio, s/he will be better off cloning the entire portfolio rather than cherry picking stocks selectively.'
Growing trees means much more than strewing seeds around; it takes an understanding of local climatic conditions, indigenous strains and partnership with local communities.
For fast-moving consumer goods, growth is likely to be tepid.
Experts said the higher pay out will boost consumption demand.
Soft crude prices will cut fuel subsidy bill and help contain fiscal slippage this year.
Those looking to take advantage of current market conditions should buy only after conducting due-diligence.
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
Industry experts estimate that demand for loans from the sector outstrips supply by more than $80 billion.
Our focus around technology, cost efficiency, persistency and effective distribution channel will continue, says the ICICI Bank MD and CEO.
The highest domestic package, however, fell 10 per cent
As the Reserve Bank maintained a status quo on key policy rates, analysts said higher demand due to supply constraints will not allow inflation to ease as quickly as anticipated and the apex bank may be forced to increase rates once more by the year-end.
Banks have been patient and flexible in rescheduling loans.
The rupee's plunging to record level and a sharp fall in the equity market are knee-jerk investor reactions to the US Federal Reserve's saying the it will slow down bond-buying programme in view of improving American economy.
TCS tops the list of 100 wealth creators for the fourth time in a row
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
In 2010, ministry told its officers nominated on PSB boards to stay away from big-loan panels; central bank followed suit.
Power generation and distribution is the most indebted sector
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
Officials in the weather department said the monsoon is expected to be below normal because of the El-Nino effect.
Key macroeconomic indicators suggest softening industrial growth.
'The main reason people go to other countries is unemployment in Punjab'
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Bank has cited trend of global easing and weak growth
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
