Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history.
Govt is keen to push reforms in the insurance sector.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
India needs to come up with new ideas to make the Pravasi Bharatiya Divas more appealing to overseas Indians. The Diasporas talents should be used for the country's development, says Thomas Abraham, founder of the Global Organisation of People of Indian Origin
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
The founder of the Republican Hindu Coalition first attracted attention in the US as the "Punjabi tycoon" who was a huge supporter of Narendra Modi in the US. 'He will be best for India. There is no better ally for the US than India in the region,' Shalabh Kumar tells Rediff.com's Vaihayasi Pande Daniel.
Sensex rises, Nifty ends at record high; RIL shares rally.
Amid a grim global scenario, India will have to labour hard to hold on to seven per cent growth in 2016-17.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
Sensex in green in afternoon trade.
Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Curbing the federal deficit is the government's absolute priority on February 28.
With wages rapidly rising in China, all is still not lost. Wage costs in India are significantly lower and this fact could still help us turn the tide in our favour.
We should be prepared for a phase of increased tensions in India-Pakistan relationship thanks to the evolving situation in Afghanistan, says Shyam Saran.
'India today has to fight many a battle, all of which cry out for innovation. This is where the experience of the Diaspora could be the most productive well-spring.'
She needs to find innovative ways to at least match the growth during Gehlot's rule.
But when organisations cushion the impact to make it less traumatic, it helps in the recovery process, Wayne F Cascio tells Abhilasha Ojha
A sensational interview on India-China ties, with the man most qualified to answer.
The government has provided a long-term vision.
'They don't always agree with our governments, their teachers or their parents, but it is the conviction of their ideas, and their determination to share them with the world that, I believe, is one of the greatest sources of hope for our planet.' 'The colonisation of space, understanding the very building blocks of matter and the universe, utilising our understanding of the human genome to conquer disease -- these are the tasks waiting for a fellowship of minds to realise new triumphs in our collective destiny.'
'We have a common way of looking at the world, a common way of thinking, and a common set of values that predispose us to be partners. And our interests overlap greatly,' Dr Ashton B Carter, America's next defence secretary, told Aziz Haniffa/Rediff.com in an exclusive interview.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
