Rajan also said it's a problem of collective action and not a problem of industrial nations or emerging markets
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
In a society where corruption is endemic and you want to get something done then it is all too tempting to offer a bribe, Swraj Paul said.
In a disclosure to the markets, United Spirits has said it is awaiting information from UB Holdings for determining the treatment in the company's accounts of the loan together with applicable interest accrued until March 31, 2014.
The BSE Sensex jumped 70.42 points to end at 34,503.49, while the broader NSE Nifty finished at 10,651.20, up 19 points.
Banned for life from India's cricket establishment, a beleagured former IPL boss Lalit Modi is not ready to throw in the towel yet.
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
Tourists aged 18 and over would be forced to hand over 3,000 pounds for a six-month visit visa
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
A day after sports ministry made it clear that athletes who remain unavailable for national duty would not get financial aid from it, top tennis star Leander Paes said his commitment should not be questioned since he has given his all in the last 24 years while playing for India.
Investors remained cautious in the face of the expiry of November series contracts in the derivatives segment, which also dampened sentiment.
Images from the EPL matches played on Saturday
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Summary of sports events and persons who made news on Tuesday
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
US President Barack Obama's administration has faced extensive criticism for its failure to prosecute bankers criminally for behavior that led to the financial crisis.
Former IPL Commissioner Lalit Modi has hit out at the Board of Control for Cricket in India (BCCI) and it's Disciplinary Committee.
It's not just South Africa's Cape Town which is going dry. Here are 10 other cities that are most likely to run out of drinking water.
Tista Sengupta catches up with five emerging designers from North East India -- Daniel Syiem, Atsu Sekhose, Meghna Rai Medhi, Dhiraj Deka and Sanjukta Dutta -- who, in their own way, are fighting to keep their traditional art of weaving alive.
News of all that transpired on and off the football field.
'Our intentions were, and still are, to ensure the entire workforce is given as much protection as possible from redundancy and/or loss of earnings during this unprecedented period'
Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
Did men and women of redoubtable experience and public service, upholders of the country's steel frame and paragons of corporate governance, never smell a rat?
The shareholders will also get one redeemable preference share in Vedanta Ltd
News of all that's transpired on and off the football field
Buying Yahoo's assets would expand DailyMail.com's reach and improve its digital ad rev
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
'The "Hollandisation" of British policy may not bring the expected gains as the future may show,' says Claude Arpi.
It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.
Diageo, which had acquired Mallya's United Spirits nearly six years ago, is claiming $40 million paid to the liquor tycoon as part of an alleged breach of agreement.
'It is never a good idea to let the broad population determine policy that is the domain of experts and specialists,' notes Aakar Patel.
Local businesses are fretting over reform setbacks.
A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.
What makes Indian abstract art more valuable is its relative rarity. V S Gaitonde, S H Raza and J Swaminathan are the only major names in modern Indian art known for their abstracts.
Tata's Vistara has a very strong core team to look into daily operations.
News of all that's transpired on and off the football field
The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
Gupta has expressed an intent to buy Port Talbot, Britain's biggest steelworks
News of all that's transpired on and off the football field on Thursday
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
