India's ailing banks need immediate attention.
While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate objectives, says Suresh Surana.
Rahul Gandhi also attacks Modi and RSS in Bastar.
With this, Heineken's stake has risen from 39% to 42.2%.
State-owned ONGC and Oil India Ltd (OIL) are likely to buy a 10 per cent stake in Indian Oil Corp (IOC) from the government at Rs 220 per share, aggregating about Rs 5,300 crore (Rs 53 billion).
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
The obvious temptation for Mr Jaitley would be to achieve a better fiscal deficit figure than what he had promised in July.
Saikia was charged by CBI for allegedly violating OSA.
BKS and BMS leaders have told the BJP leadership that it is staring at a build-up of anti-government propaganda in the run-up to polls in five states.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
India Inc has an impressive report card to show for the first quarter of this financial year.
While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.
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The newly appointed CMD at Coal India has a tough road ahead.
Ahead of the Economic Survey, industry body Ficci today lowered its GDP growth forecast for the current fiscal, pegging India's economic expansion rate at 5.3 per cent compared to its 5.5 per cent previous estimate.
'How do we explain that on the economic, internal security and strategic fronts, India's unstable coalitions have acted more decisively and boldly than all our full-majority governments yet?' asks Shekhar Gupta.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
India's fiscal deficit touched Rs 4.57 lakh crore or 84.4 per cent of budget estimates in the first seven months of the current fiscal, reflecting signs of stress in government finances.
Lower reduction in fiscal deficit is to stimulate demand in a weak economic environment post demonetisation.
'One wishes that today's 'take no prisoners' brand of politics would give way to an understanding of the national interest that is shared by both government and Opposition.'
A cut in government spending would come at the cost of growth.
Without the handsome receipts from the sale of government equity in PSUs and sharp increases in excise revenues from oil, Mr Jaitley's fiscal consolidation drive would have become even more arduous, says A K Bhattacharya.
Firms to find alternative export routes or face increased trade barriers
Here are 15 things that would have made 2015 a great year.
The Analysis lists a number of steps taken by the government that have contributed to both positive short-term outcomes, such as lower food inflation, and the capacity for more equitable growth, through financial inclusion.
There has been no reboot of the private investment cycle.
In a first, Prime Minister Narendra Modi on Wednesday met the secretaries of all the government departments collectively and asked them to directly get in touch with him to resolve issues and expedite decision-making.
The ban has been in force since last Friday.
Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.
The Nifty and Sensex traded close to their respective all-time highs.
Amendments to RBI Act likely soon
The macroeconomic environment has changed dramatically for the better.
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.
Arun Jaitley had a tough fiscal hill to climb.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Credible fiscal consolidation has been a consistent pre-condition to easing the monetary policy stance as far as the RBI is concerned.
In 2007-08, companies had raised Rs 87,029 crore by selling shares to public.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
Air India has been in the red since the merger of then Air India and Indian Airlines in 2007.
