Budget has laid emphasis on enhancing expenditure in farm & rural, and social sector including healthcare, education, skill development, job creation and infrastructure
The central bank and Indian government has reached a "broad consensus" on the composition of a rate-setting panel.
The Reserve Bank in its first mid-quarter policy review on Monday kept the key interest rates unchanged because of elevated food inflation, rupee depreciation and uncertainty over foreign fund inflows.
Addressing the plenary session of the 11th Asia-Europe Meeting Summit here in the Mongolian capital, Vice President Hamid Ansari said, "all our societies today face unprecedented levels of threat from terrorism in all its manifestations. The most recent example is what has happened, most unfortunately in France."
Muslims need to get out of their Isolation Syndrome, argues Mohammad Sajjad.
Manish Sisodia's elevation as Delhi CM would set Arvind Kejriwal free to take up a significant role in national politics, or he could return to activism, says Sudhir Bisht.
Bigger than ever, the European Championship kicks off in Paris on Friday with a four-week feast of football that promises to elevate the game above the corruption scandals and security fears that have overshadowed its build-up. All eyes will be on hosts France when they get the ball rolling against Romania in the Stade de France -- 210 days after suicide bombers at the same venue triggered a night of horror across the capital which killed 130 people.
A survey by industry body Ficci has lowered the country's economic growth forecast for 2013-14 fiscal to 5 per cent, from 6 per cent projected in July, indicating tough times ahead.
For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.
Banks and realty among the most hit on account of high borrowing costs.
We have only rationalised the freight rates, says the minister.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
'The stage is set for increasing tensions in a highly volatile region as crucial as ever from a geopolitical standpoint,' predicts Claude Smadja.
Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
In February 2013, the airline under the then chairman Rohit Nandan decided to shift its base to New Delhi.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
T S Sudhir, who was present at the occasion, reports
A homoeopathic state of mind pervades our thinking in governance and infrastructure-building. Do it in small, harmless doses, but nothing bitter, sharp, or bloody, says Shekhar Gupta.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
Prime Minister Narendra Modi's visit is an attempt to move the Indo-Singapore relationship to the 'next level'. Singapore has been one of the top investors in India. India-Singapore bilateral trade has already crossed the $15 billion mark. As per the official records, Singapore has emerged as the second largest source of Foreign Direct Investment in India, says Dr Rahul Mishra.
It should be clear to all that flyovers don't solve urban traffic problems, says Subir Gokarn.
With Pirojsha Godrej at the helm, Godrej Properties posted a fourfold jump in profit in the third quarter of the current financial year, probably the only real estate company that did so well in that quarter.
'Sergey and I have been super excited about his progress and dedication to the company. And it is clear to us and our board that it is time for Sundar to be CEO of Google,' Lary Page said.
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The agency also warned the government of overshooting the fiscal deficit target at 4.8 per cent due to poor revenue growth and pegged it at 5.2 per cent this fiscal.
From being someone who feared travelling by Mumbai's suburban trains to heading the project that may change the way the city commutes, Ashwini Bhide has come a long way.
Finance minister tries to put house in order before reforms are unveiled in February.
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
Obama said that the country was starting to see a lot of the jobs that had left the shores in manufacturing, for example, now starting to come back, because "we put ourselves in a much more competitive position".
King Salman and Narendra Modi will find common ground to intensify cooperation against jihadi terrorism, says Tarun Vijay, MP.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
Burjis Godrej, 25, son of Nadir Godrej will join Godrej Agrovet in July
That's all it takes to protect an institution -- just one person with no past and no greed for the future, says Shekhar Gupta.
'The toughest challenge is not to satisfy the luxury customer.' 'The toughest challenge is to satisfy the budget customer.'
Under Sharma Axis Bank has also taken the lead in focusing on technology, which has now become core to almost every other lender's strategy.
'The greatness of Indian democracy is that it never lets any political pundit master the pulse of the electorate. Sometimes people vote for change and sometimes they vote for the status quo.'
