'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
Nepal's macroeconomic performance has been held back by the earthquakes and the recent unrest and disruptions to transportation and trade routes following the promulgation of a new constitution, the IMF said has said.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
RBI data show one-fifth of all the infrastructure loans are stressed and the share of such loans in overall stressed assets is nearly a third.
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages from the budgeted targets, in 2017-18 and 2018-19, the former due to introduction of the GST, says Arup Roychoudhury.
'Instead of writing NAM's obituary, India should reinvent it,' suggests Dr Rup Narayan Das.
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
The central bank dashed hopes of any steep interest rate reduction.
RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
How Amul is changing the face of dairying in Jammu & Kashmir. Some 15,000 dairy farmers, many women, are participating in the initiative.
'Tata may have sensed that the suddenness of the decision to replace Mistry would become controversial and it was proper to keep the prime minister informed of the decision,' says A K Bhattacharya.
Let all the stakeholders, especially the government, remember that if the Make in India lion needs to roar and rise again, it won't happen unless India Inc rises too, points out Shekaar Subramanian.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
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
'Wipro's strength has been innovation and that will continue.'
'There appears to be no relation between a government with a majority and GDP growth as the stock market and its analysts seem to fear.'
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
Experts say the stock market correction in recent times increases the risk-reward in favour of large-cap stocks.
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.
Prime Minister Narendra Modi on Friday said his government has carried out major reforms -- including labour reforms and reforms in insurance and defence sectors -- 'in less than 100 days' and stopped reversals Indian economy had been facing.
Oil and Natural Gas Corporation has deployed the best-in-class technologies in its Improved Oil Recovery and Enhanced Oil Recovery schemes on these fields.
Unless you are a fresher, you should not circulate a generic CV for all openings, says Achin Bhattacharyya.
Informally things are already functioning where the team reports to Jason Kothari.
'The Indian version is that the two top diplomats merely exchanged pleasantries, while the Pakistani side characterised the encounter as an 'informal dialogue'.' 'The truth, as always in such piquant situations, is somewhere in between.' 'It stands to reason that ice has been broken,' says Ambassador M K Bhadrakumar.
GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says Rashesh Shah.
The Panama verdict will decide how Pakistan handles its leadership problems.
The final and most significant reset in the relations between the government and the RBI is the manner in which the process of appointing the governor and deputy governors of the central bank has been changed.
Indian Economy poised for growth, say experts.
We need a change in mindset, says the RBI Governor.
'I will be present for a few matches, but I won't be doing that on a daily basis like I used to do.' 'A lot of people ask me why I am not doing films. I say I can do only one thing well at a time.' 'Right now, I am back into the entertainment business because I truly wanted to return to it.'
About 53 million homes in the country are yet to get electricity and many industries depend on diesel generation sets to meet their requirements.
Airline says can't discuss dues publicly, denies grounding of planes
The recovery was led by pharma majors led by Dr Reddy's Labs.