Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
National carrier Air India is running in losses and needs government's attention.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
If companies manage to raise Rs 10,000 crore, this will be the best year for IPOs since FY11.
Subrata Roy is in jail since March last year.
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
The train with nine lightweight coaches will start its journey at 7.55 PM from New Delhi station and is expected to reach Mumbai at about 8.31 AM in the morning
The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax
'A law firm checked credentials of Karan Ajit Judge and Nouam'
The rally in index heavyweight ITC has boosted the sentiment across the board.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
The government has provided a long-term vision.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
The Indian government has simplified FDI policy inorder to attract global retail chains.
The two major railway unions have proposed to the government an unprecedented alternative to privatisation or inviting foreign investment, to help raise funds and improve revenue.
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.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
To redevelop cities as 'smart', investment of at least $10 billion is required. For 100 cities, it works out to $1 trillion
A reformed Planning Commission should reflect the diversity of Indian debate.
With a sole mandate of inflation targeting, RBI wears many hats.
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
The Survey shows fiscal consolidation despite slowdown in growth.
'The transmission sector is going to be the next sunrise industry.'
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'Demonetisation will push India onto a higher growth path after a temporary dip.'
It's time we remembered the fundamental: water cycle and life cycle are one.
Nivedita Mookerji finds out how Paytm CEO Vijay Shekhar Sharma is handling his soaring popularity after the note ban as well as the criticism that comes as a package deal.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
GSTN CEO Prakash Kumar tells Sudipto Dey how IT can improve service delivery of government departments.
The DGCA probe detected serious issues related to safety oversight.
Hyderabad-based Pi Datacenters wants to be the first destination of choice for enterprises in data and cloud services.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
The new Companies Bill will boost such spending by both public and private companies. Praful Patel, Union minister for heavy industries & public enterprises, speaks to Business Standard on the issue.
