M V Subramanian says there is an imperative need for collective responsibility to tackle inflation, prices and availability of essential commodities, and not rely on inflation targeting alone.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
Tata, Adani, Lanco to be hit as Indonesia may ban export of low-grade coal
Tax evasion needs to be made a serious 'criminal offence' to force foreign countries to reveal names and account details of Indians stashing illicit wealth abroad, the Special Investigation Team on black money has said.
The finance ministry and RBI must get less conservative and improve co-ordination.
China's domestic debt is a major concern.
The world economy's growth engine is slowing, but not collapsing.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Given the current global cues, if the next six months do not turn out to be the way we would want it to, we are definitely looking at a very gloomy start to 2016.
This is the BJP's first full-year Budget.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
A customer wanting to buy a car would have to wait a long time for delivery.
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
Over the past two decades, India has evolved economically as well as from the market's perspective.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
While it's not difficult to fall prey to card fraud, individuals can protect themselves against losses.
As an entrepreneur the most important quality you have to have is that all consuming passion to become an entrepreneur.
Payment banks may not be viable option to attain financial inclusion.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
Need for much more investment; sector would like govt help
The question being silently telegraphed around the court room was: When did this happen? Wasn't this trial about Indrani murdering her daughter to prevent her from marrying Rahul Mukerjea, her husband Peter Mukerjea's son from his first marriage?
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
CSK is reinventing itself to get rid of the controversies and improve brand value
