The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
A fall presents an opportunity to buy rate-sensitive stocks.
Banks will need more funds, as they have to provide more capital.
States are now gearing up to implement the scheme, integrating it with their own public health insurance plans and tying up the loose ends.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
British India Corporation employs about 1,800 people
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.
In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.
An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.
He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
Private sector firms need to be re-engaged for better infra planning.
The fiscal deficit in current fiscal has been estimated at 3.9%.
Technology, which was responsible for creating the new-age digital consumer issue for enterprises, also acts as a solution to the problem, says Karthick Viswanathan.
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
Beyond announcements and optics, key projects have hardly moved under the Yogi government, reports Virendra Singh Rawat.
Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.
With time the start-up action plan will need to be tweaked and will need to move in the direction of removing both hurdles and privileges.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
'If you do quick back-of-the-envelope calculation, someone earning Rs 10 lakh can get a benefit of anywhere between Rs 35,000 and Rs 45,000, even if s/he is availing exemptions.' 'A large proportion of people do not avail full exemptions as they don't have money to invest in those schemes.'
'The government lights lamps for nurses but when we demand what's due for us, they don't listen at all.'
However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19
IMF believes it is mostly cyclical, not structural, but because of the financial sector issues, recovery will be not be quick. IMF said, it saw an opportunity with the strong mandate of the new government to reinvigorate the reform agenda to boost inclusive and sustainable growth.
Hackers believed to be working for the Chinese military breached the United States government computers, possibly compromising the personal data of 4 million current and former federal employees.
While the first three parts of the operation, codenamed 'Red Spider', dealt with Indian banks (both private and state-run), the fourth part targeted a couple of foreign banks.
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
She needs to find innovative ways to at least match the growth during Gehlot's rule.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
Infra sector is neglected by the Modi govt.
As soon as the House met, AIADMK MPs trooped into the Well shouting slogans and demanded action from the government.
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