Control over PSU banks is what is allowing the government to drive this scheme.
The next policy meeting will be in mid-June, when the panel will be joined by Stanley Fischer, the former Bank of Israel governor whose nomination to the Fed's board was confirmed on Wednesday by the US Senate.
Air India is awaiting the Union civil aviation ministry's nod to sell its properties in Mumbai and Chennai
A new book may help companies in getting corporate social responsibility right, notes Ajit Balakrishnan.
The former McKinsey India head is presently on board of many big Indian conglomerates.
'Indira Gandhi and P N Haksar did not want Pakistan to leave as an embittered foe hell-bent on taking revenge for being humiliated so comprehensively.'
FM says government policies aim to contain inflation, spur growth.
The truth is not that Chandrababu Naidu's centre-right policies led to his defeat but rather almost the reverse: his defeat, and for that matter that of the NDA at the Centre, was widely -- but falsely -- interpreted as a rejection of their economic policies, rather than put down to bad luck and conventional anti-incumbency., say Vivek Dehejia and Rupa Subramanya.
In our series on Super30 achievers, we find out how Aquibur Rahman has fared since he cleared his IIT-Joint Entrance Exam.
Tragic as it is, the submarine accident is more tactical in nature and it is the deeper strategic malaise across the board -- political, economic, security, judiciary, bureaucracy and even the media -- that has led to this dark mood of gloom and despondency, says Commodore (retd) C Uday Bhaskar.
The hyperlocal logistics company hires delivery boys to work for a diverse set of clients like Amazon, Bigbasket, Swiggy and McDonald's. Apurva Venkat finds out why clients and investors love it.
ONGC must tackle several issues first only then it can turnaround its fortunes.
Kejriwal believes in good governance and takes pride in his Hindu identity, points out Sudhir Bisht.
Even as Barack Obama administration officials believe that the India-US relationship has now "emerged at the world stage" and is no longer a "restricted to narrow" South Asia or subcontinental set of issues, they also concede that America's security partnership with Pakistan over the years still poses challenge to India-US relationship.
'A 180-days period -- for insolvency resolution -- is aggressive, but by no means inadequate.'
Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
India loses 333 acres of prime forest every day. Instead of working to conserve India's forests and water resources, the environment minister has set up a committee to 'dismantle' the five key laws that provide environmental protection.
India must develop structured multilateralism to its defence buys
As he was to take the bus, he set out early, walking a short distance from his office to the Krishi Bhawan bus stop from where he boarded bus number 781 to Race Course.
'A CEO is successful if he is able to retain the confidence of his shareholders. And the shareholders of India Inc have backed their prime minister-CEO to the hilt,' says Sudhir Bisht.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.
Sebi first began looking into the matter last month.
"This is part of our policy to empower minorities with dignity and without appeasement," Naqvi said.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
'In his eulogy at Sandy's memorial service, President Clinton recounted the unusually hot US Independence Day, July 4, 1999, when most of official Washington was more interested in watching fireworks than international diplomacy. Sandy insisted that Clinton confront Pakistan Prime Minister Nawaz Sharif in no uncertain terms.' Former US Assistant Secretary Raymond E Vickery, Jr salutes Sandy Berger, Clinton's National Security Adviser, as a true friend of India.
'100 Fayazs will bring a change in Kashmir, that's why they don't want a Fayaz.'
The evolving RBI-government relationship, a reversal in the interest rate cycle and return to profitability will dominate bankers' conversation this year, says Tamal Bandyopadhyay.
'Culture is our asset. Culture is our identity.' 'Wherever you go in India, every millimetre can be measured with culture.' 'There is so much to see that even one life is not enough.'
Govt depts, banks prone to information leakage.
The Centre has constituted a five-member expert committee to study various alternatives available to it to decide on a new capital for Andhra Pradesh.
Chances of a sudden collapse in the Shanghai Composite are remote.
The basics and history of India's tax policy suggests that increase in the number of taxpayers has occurred and so has compliance with a reduction of tax slabs and moderate rates of tax.
The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd sees little sign of a recovery in Asia's third-largest economy,
India's cities are bursting at the seams because poor people are migrating to them in search of work.
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
A reformed Planning Commission should reflect the diversity of Indian debate.
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