Markets end higher ahead of Fed outcome, China stimulus
The govt would also be coming out with more measures to deal with inflation.
Finance Commission has got new team who are committed to growth initiatives.
"The provisions of the said bill are nothing short of draconian and promote gross incompetence and mockery of professionals currently working day and night and sacrificing their youth for this broken system," said the protesting doctors.
Among the most deprived communities in India live and work under asbestos roofs. The National Institute for Health and Family Welfare estimates exposure to asbestos has resulted in higher incidence of cancer among those living under asbestos roofs, points out Gopal Krishna.
'It is at the root of all the reservation tussles, and the sharpening polarisation that we witness today, be it on Jat politics or the problems faced by Indians from the north-east in many places,' says Ambassador Kishan S Rana.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
The reason for the windfall: the soaring value of their stock awards.
A summary of sports events and persons who made news on Thursday.
A bandh to protest against the release of Cauvery waters to Tamil Nadu has brought Karnataka to a standstill on Friday
In the light of the efforts being made to forge electoral unity between scheduled castes and Muslims, Mohammad Sajjad examines what the architect of our Constitution, B R Ambedkar, had to say about the Muslim community.
Last year, the software giant launched a cloud adoption programme for SMBs.
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
Infosys, the nation's second largest software exporter, on Wednesday paid a record $34 million fine to settle a visa row in the US.
A summary of sports events and sports persons, who made news on Wednesday
Banks are in need of government support to manage the stressed assets
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
It is a wonder how pervasive and long-lasting the damage can be from a balance-sheet crisis, says Suman Bery.
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
The focus is now on having premium service to give passenger comfort and increasing train speeds.
Only three of India's 45 commercial banks have cut base lending rates since the Reserve Bank of India's surprise easing this month, hurting the government's drive to lift business investment.
Unsparing on the under-performing shooters but equally scathing on coaches and the national federation, the Abhinav Bindra-led National Rifle Association of India (NRAI) review committee hardly minced words as it chastised the Rio Olympics flop show while recommending a systematic overhaul.
Valuation-wise, the markets look more attractive now
Prime Minister Narendra Modi's idea of cooperative federalism is expected to be on display in the 2015-16 Budget.
India's good fortune, experts in the US feel, is not the result of a fundamentally strong economy, but because it is the best of a bad set of options.
News of all that transpired on and off the football field.
The country saw two straight years of deficient monsoons.
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
Kenneth Rogoff, professor of public policy and economics at the Harvard University, tells Dilasha Seth on the sidelines of the Delhi Economics Conclave that public sector banks will need to take a one-time haircut to address non-performing assets.
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'India is doing better than when we took office 17 months ago'.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
The festive season starts from August and last till December.
Modi govt says its economic score on all coutns is very good.
2013 foreign currency non-resident deposits to mature in Sep-Nov
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
Khan stressed on taking austerity measures, working on tax reforms instead of taking loans, rooting out corruption.
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