'Clearly, the depositors of cooperative banks need the maximum protection.'
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
'Markets are likely to remain choppy for the next 6 months.'
'The probability of another negative year in 2019 is low.'
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
In the concluding part of the series, Y V Reddy, argues that the proposal strikes at the functioning of federalism and the basic structure of the Constitution, which has served us well so far.
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.
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.
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.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
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.
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.
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 should be driven more or less by earnings growth.'
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.
'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.
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.
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 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.
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 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.
Monetary policy stance to depend on inflation data
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
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.
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.
'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.
