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.
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
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.
'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.'
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.
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.
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.
Infra sector is neglected by the Modi govt.
Retirees and labour officials acknowledged that the city's finances were in a shambles and they would have to share in the sacrifice to help Detroit recover.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
At present, the Mactan Cebu International Airport can handle seven million passengers a year
As soon as the House met, AIADMK MPs trooped into the Well shouting slogans and demanded action from the government.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
India must change approach and have better access to networks to fulfil its digitisation dream.
This marked an increase from 2,63,000 at the end of 2013
Single window clearances for realty must.
The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.
'The India-Canada relationship has suffered benign neglect. Its full potential has not yet been realised,' says Rup Narayan Das.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
The previous government set up a cabinet task force to clear the backlog of projects but failed to make much of an impact.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles.
Indeed, this is one policy area where the Modi-led government is different from the one that was headed by Atal Bihari Vajpayee.
It is domestic policy distortions and inaction to correct them that lie behind the large CADs.
Money is being released and the government knows it will have to front-run private investment.
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
A glance back at some of the important ups and down Indian Inc faced in 2018.
'The Chennai floods in particular clearly show there is a nexus between corruption, disaster, destruction and death.' 'Urban development in India is the source of all corruption.'
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
Modi government has to come up with a robust economic agenda to impress the masses.
