The ministry seeks to make lending requirements flexible for banks financing key stalled projects.
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
Authorities faced double-barrel challenge -- strengthening its check and prevention mechanism, and addressing public panic, leading to hoarding of essential items.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
'There was never really a doubt, but now it can be conclusively stated that the prime minister has unusual mental and physical stamina,' says Sheela Bhatt/Rediff.com who is covering Narendra Modi's visit to the United States.
The US is not in a forgiving mood for being humiliated in such a manner by an insurgent force and made to look 'loser' internationally, predicts Ambassador M K Bhadrakumar.
The central government said the railways and civil aviation ministry must suspend all concessional travel on trains and flights, except for students, patients and disabled people.
Among the bank groups, under the baseline scenario, public sector banks' gross NPA ratios may increase to 13.2 per cent by September 2020 from 12.7 per cent in September 2019.
"As an organisation committed to the rule of law, our operations in India have always conformed with our national regulations. The principles of transparency and accountability are at the heart of our work.".
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
NGO rebuts Enforcement Directorate's charges.
'None of these three countries -- Turkey, Iran or Malaysia -- ever made a hostile move against India to support the Pakistan-based terrorist elements,' notes Ambassador M K Bhadrakumar.
Morgan Stanley removed banking stocks from its model portfolio when it slashed its weighting on the sector by 500 basis points. Several foreign brokerages, such as UBS, JP Morgan, and Credit Suisse, of late, have also become less optimistic about banking stocks.
In his book Arun Bhatnagar, a retired IAS officer, makes a dig at Hardeep Singh Puri, former diplomat, Union minister and BJP nominee from Amritsar Lok Sabha seat, for Rajiv's faulty Sri Lankan policy, writes Rasheed Kidwai.
International air travel of passengers has been permitted in a limited manner under the Vande Bharat mission. Further opening-up will take place in a calibrated manner.
The total wealth of top 100 real estate barons accounted for Rs 2.37 trillion ($32.7 billion) in 2018, up 27 per cent against 2017's cumulative wealth of Rs 1.87 trillion ($28.6 billion).
Scotland Yard's War Crimes Team, which is part of its Counter-Terrorism Command, has launched an investigation into the role of British mercenaries in fighting the Liberation Tigers of Tamil Eelam (LTTE) rebels in Sri Lanka during the 1980s.
India's economic reforms and its efforts to attract foreign investment put it in the "limelight", but it must do more to attract foreign investors, John Peters, the minister counsellor for commercial affairs, embassy of the United States of America,
Corporates' forex borrowings have grown at a CAGR of 15.6% since 2008.
Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs.
India's second-biggest commercial vehicle maker Ashok Leyland plans to tap foreign markets to raise upto $100 million, a top company official said on Wednesday.
While sale of residential properties increased only marginally despite plethora of steps taken by the government through the year, office space leasing rose 40 per cent to touch an all-time high of 46.5 million sq ft -- a trend that drew investors to lap up India's first Real Estate Investment Trust at an issue size of nearly Rs 5,000 crore.
The government is looking to plug loopholes in the Indian customs law provision that allows tax exemptions for gifts up to Rs 5,000 and trade samples up to Rs 10,000 sent to India from abroad.
India's balance of payments in negative territory.
RIL is also set to file its tariff plans, which will mark the company's intent to commercialise Jio's operations, with the regulator this week
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
The Indian Space Research Organisation has resolved to alight its lander on the lunar surface with Chandrayaan-3 in addition to a maiden solar expedition in 2020.
The government has decided to ban Indian women from being surrogate mothers to foreigners to stop 'commercial surrogacy'. How will this decision affect surrogacy in India?
By 2023, Vistara's hangars will house a total of 70 aircraft, up from the current 42.
Vistara CEO Phee Teik Yeoh discusses the airline's expansion plans and challenges with Alnoor Peermohamed.
A high-level Nigerian government delegation was present at the launching ceremony, which was telecast live in Nigeria.
Stock to watch: Shipping Corporation and Great Eastern Shipping
COVID-19 has emerged as an important form of diplomatic currency around the world as nations try to showcase their soft power gains. In this race, India has an edge as India is already a pharmaceutical giant having produced some 60 per cent of global vaccines and now justly seeking to strengthen ties and expand its influence in its neighbourhood and beyond, observes Dr Rajaram Panda.
The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.
Production at every automotive facility, offices of information technology firms and retail establishments in the state remained shut on Tuesday as a mark of respect to the late chief minister.
Budget carrier SpiceJet has accepted the resignation of its chief Executive Niel Raymond Mills, 18 months before his service contract was to expire.
Nawaz Sharif was the last Pakistani prime minister to visit the US on an official trip in October 2015.
The current account deficit widened to $10.1 billion or 2.1 per cent of GDP for the September quarter as against 1.2 per cent in the year-ago period.
BWith a distracted president brooding in the White House, Pompeo seems to think his day has come. He seems to be pushing a personal agenda before a target audience in America, observes Ambassador M K Bhadrakumar.
RBI had received 72 applications for small finance bank licences.
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