Generally, the central bank grants its approval by mid-March, or latest by March 31, but most banks have not received RBI approval on bonus packages this year.
The trip was more about understanding the Indian market, but was also about signaling to the world that Apple has arrived in India
Biju Janata Dal members had staged a walk-out while NDA ally Shiv Sena did not participate in the voting.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
The 112-year old hotel chain has readied a three-pronged turnaround plan
Despite difficult working conditions, Indians are still seeking jobs in Gulf countries
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
He said the NDA's work culture was different from that of the previous governments.
Modi said Nepal and India can benefit if they cooperate and work together for the promotion of five Ts: Tradition, Trade, Tourism, Technology and Transport.
Former Secretary of State Hillary Clinton announced her United States presidential bid, emerging as one of the top contenders for the Democratic Party nomination as she once again seeks to become America's first woman president.
Ordering more Akash systems is essential for the Indian defence industry.
India must first improve working condition, then it can concentrate on Make in India concept.
Whether India can create labour-intensive factory jobs instead that it needs to put millions to work in the next few years looks very unlikely.
The high court verdict on AIADMK chief J Jayalalithaa's disproportionate assets conviction appeal just got delayed, says N Sathiya Moorthy
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
Kapil Sharma, the anchor of Comedy Nights with Kapil, is the hottest property on Indian television today
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
'We keep climbing one step and slipping three. In 2004, our relay team was 7th in the world. Then we slipped from there. Otherwise, today our 4x400 metres relay team would have been gearing for a medal at the Rio Games.' 'If we need to compete at the world level, our thinking needs to be at world level. You can't have akhada thinking.'
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Muzzling NGOs is unbecoming of a democracy. Self-confident democracies encourage, indeed applaud, the involvement of citizens' associations, including NGOs, in social and political decision-making and development planning. Instead, our paranoid government bullies and terrorises them, says Praful Bidwai.
A glance back at some of the important ups and down Indian Inc faced in 2018.
'Sasikala, already determined to keep both the party and CM's post for herself, might not be able to do it, if she were to wait any longer,' says N Sathiya Moorthy.
A number of countries allow you to become citizens by investing in government-approved projects or real estate or by buying bonds.
The San Francisco-based giant has acquired a Delhi-based company.
With EU, it is part of the FTA that we will need to negotiate.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
About 17 lakh investors, mostly in West Bengal, who have lost crores of rupees in the Saradha chit fund scam are fast losing hope. The scandal continues to roil West Bengal political circles with several ruling Trinamool Congress leaders being implicated and some arrested. Even West Bengal Chief Minister Mamata Banerjee's name has been dragged into the sordid mess. Indrani Roy presents a FAQ on what the scam is about and the main players behind it.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
Expecting an annual CSR spending of Rs 15,000-20,000 crore (Rs 150-200 billion) by India Inc, Corporate Affairs Minister Sachin Pilot has asked companies to see the new law as an investment opportunity to create a better work environment, rather than a forced expenditure.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Few readers will remember the socialist utopia of Indira Gandhi when food queues were the norm even for the middle class and tankers supplied water at odd hours of the night twice a week. Is that what you are trying to return us to, dear Congress, asks Jaideep Prabhu
The public-private partnership model is a compulsion, says the minister.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
Besides a great idea, it takes pluck, and some luck, to get going.
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