The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.
A new draft proposal circulated among Nuclear Suppliers Group member states early this month could pave the way for India to become a member of the elite club, but this is unlikely to happen before the end of the Barack Obama presidency next month.
The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.
Rebuffing petroleum ministry, Siddaramaiah launches Pradhan Mantri Ujjwala Yojana-like scheme months before state polls
Indian economy about to take-off
The railways may offer high-speed train corridors to global players.
Faced with a situation where the spouse's transferable job keeps taking the family to different locations, thus jeopardising their own careers, many women simply fall off their career track and resign themselves to relocation every time their husband gets transferred, says Sudha Menon.
If the presentation made by the Commission to the chief ministers is followed in letter and spirit, central sector and sponsored schemes will no longer be the domain of central ministries alone.
The success of the government will depend substantially on the quality of its team of key ministers, officials and advisors
Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.
'Modi underestimated Pawar.'
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
Jaitley's Budget has the potential to change the face of Modi's Bharat
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
'The finance minister has told the BJP's core voters we are hearing you and we are sensitive to your aspirations.'
Tax expert Anil Rego answers readers' questions about how Finance Minister Piyush Goyal's Budget affects you.
It observed that there is no record of the money meant for the welfare of construction workers.
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
RIL has denied knowingly producing any gas from the ONGC block
Modi said bribery was not possible as the money was transferred directly into accounts of the beneficiaries.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
The government, he said, has implemented 'bold reforms'.
Supreme Court allows more instruments to use the biometric card.
6 post offices have been identified for the pilot stage.
Mihir Bhat, fellow at the Harvard Humanitarian Initiative and Director of the All India Disaster Management Institute tells rediff.com's Vicky Nanjappa that the youth of the country will swing into action to see what gets done on the ground.
Close to a million small shareholders have stake in nine NCLT-bound companies
In several areas, the Indian government has put out a model law.
How investors can tweak their fixed income investments to earn more in the current environment.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
Striker Costa ends second spell at Atletico Madrid.
Insurers have eased the documentation process to file claims so that they can be settled faster
'Modi followed a prime minister whose second term was marked by such tragic passivity that Indians, it would seem, are willing to go to great pains to help this one realise his ambitions for them.'
Prez assent to Gujarat labour law with contentious provisions.
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
Budget might turn out to be neutral for the sector.
State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny.
Kumar accused Prasad of renouncing social justice agenda and making it a mere slogan for personal popularity.
SC refuses to extend the deadline for Sahara to deposit Rs 600 crore
