'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
Retired banker P Balagopala Kurup says one of the reasons he favours inflation targeting is that its first priority is to insulate the lesser fortunate citizens from adversity and in the process to ensure that the economy retains its inherent vibrancy and strength.
'Success will require political skill, not just economic expertise'
BSE has brought in the new technology from Deutsche Bourse.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
But their reign has been tumultuous as the company has seen compelling battles for ownership.
Once a stock market darling, the jewellery chain heads for liquidation.
We are in this mess as the machinery of the government in a market economy is broken. We need technically sound banking regulation, so that capital is not misallocated, and the landscape does not get littered with zombie firms kept alive through evergreening, says Ajay Shah.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
The controversy over Sant Rampal and his army of followers taking the law into their hands has once again thrown the spotlight on the clout that India's godmen possess.
"Fitch Ratings has placed Punjab National Bank's (PNB) Viability Rating of 'bb' on Rating Watch Negative (RWN), following the large fraud reported by PNB," the US-based agency said in a statement.
.jpg)
While there are no definitive statistics available, the Tirupati Trust Foundation has well over 1,000 tonnes of gold.
A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.
2013 foreign currency non-resident deposits to mature in Sep-Nov
Cyrus Mistry, who was replaced as chairman of Tata Sons last Monday, October 24, still serves as the chairman of Tata Steel, Tata Motors, Tata Consultancy Services, Indian Hotels, Tata Global Beverages, Tata Chemicals, Tata Industries and Tata Teleservices.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
The government has provided a long-term vision.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Other London properties, aircraft & offshore accounts are yet to catch the attention of regulators.
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
Bribe for Goa project estimated at $976,630
Independent market analyst Ambareesh Baliga points out the red flags that retail investors should not have ignored and lists three scenarios -two of these scenarios offer a glimmer of hope to retail shareholders of Yes Bank - that could play out in the coming days.
The strong words came after the ASG said that the MCDs and the other agencies need to work together in an integrated and synergetic manner to handle the problem.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
It boosts confidence to investors sitting on the fence.
.jpg)
Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
The pre-dawn signals are on the balance negative.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
Nehru's faith in science and technology, his genuine respect for Bhabha, and their burning ambition worked synergistically to place India on the nuclear map of the world. Atomic energy developed and prospered because of Nehru's vision fulfilled by Bhabha's mission, recalls K S Parthasarathy, former secretary of the Atomic Energy Regulatory Board, on the occasion of India's first prime minister's 119th birthday today.
The 30-share Sensex ended up 140 points at 28,262 and the 50-share Nifty was up 37 points at 8,551.
'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances