On the White House website, his staff post a variety of proposals ranging from an "American First Foreign Policy" to killing former President Obama's climate action plan with agenda largely echoing his campaign website.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
India's biggest jewellers' association has asked members to stop selling gold bars and coins.
The agreement on sharing of financial information is a distinct and welcome break from its trend.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
Elavenil Valarivan and Anish Bhanwala, two of India's finest young shooters, were on Friday named in a 34-member core group for the Tokyo Olympics. The National Rifle Association of India (NRAI) released the list of shooters who will be training separately for the quadrennial sporting extravaganza, scheduled to be held next summer after the COVID-19 pandemic pushed the Games back by a year.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.
Budget for 2022-2023 has returned to its agenda for protectionism in the name of creating a self-reliant India, points out A K Bhattacharya.
The FIH is planning an exhibition tournament of Hockey 5s next year but has ruled out the possibility of the format replacing the traditional 11-a-side contest in the Olympics.
'Markets should be driven more or less by earnings growth.'
'The challenge in India will be reviving consumption/investment.' 'If the negative surprise in earnings is very sharp or lasts longer than March, it can trigger a sharp sell-off.'
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
And why markets could give up 25 per cent of all these gains made since March 2020
'Tamil Nadu will never allow the Centre's three-language policy'
The Bharatiya Janata Party on Friday threw its weight behind the Women's Reservation Bill, saying the quota for women in Parliament and state assemblies is an idea whose time has come.
The RBI also looked into the effectiveness of systems and processes for implementation of KYC norms
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
The rise in US interest rates and associated change in the direction of capital flows, the fall in oil prices and the slowdown in China will dominate the markets, say Abheek Barua and Bidisha Ganguly
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
The disagreement over liability further complicates any early conclusion of the Rafale contract.
'We think FY18 will end with a 10 to 12 per cent earnings growth, but FY19 will see a recovery to over 15 per cent.'
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Sweden has the world's highest negative rate.
Byju Classes' founder Byju Raveendran, Zomato co-founder Gaurav Gupta, CEO of Antara Senior Living, Tara Singh Vachani, Vinati Organics' MD & CEO Vinati Mutreja and Swapan Mehra, CEO of Iora Ecological Solutions are among 115 young leaders.
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
Monetary policy stance to depend on inflation data
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
A strengthening dollar, rising interest rates, tightening liquidity and a surge in oil prices - all are combining to create a toxic atmosphere for EM assets, says Akash Prakash.
'India resembles not just the more turbulent bits of its own past, but other 'managed' democracies, where all institutional strength and independence have been hollowed out to serve political power,' notes Mihir S Sharma.
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
To facilitate such restrictions on entities found to have 'wilfully' defaulted on bank loans, the Reserve Bank is exploring ways to share details of these defaulters with Sebi on a real time basis.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Banks will also consider requests from MSMEs for restructuring their stressed standard assets. So far, only 25 per cent of the around 1 million eligible MSMEs have taken benefit of the RBI's special dispensation.
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
This is the BJP's first full-year Budget.
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
