Last year, the government had announced to infuse Rs 70,000 crore in PSU banks.
They are marching towards Delhi as part of the Bharatiya Kisan Union's protest call over demands ranging from farm loan waiver to cut in fuel prices
US Fed rate rise raises risk of further drying up of FII flows.
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
Lenders taking up incubator-style roles with small investments in start-ups
NBFCs are mainly dependent on funding their operation from their own cash flows.
NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
Infrastructure bonds were launched by the RBI last year in a bid to help the government fulfill its plan to provide affordable housing to all by 2022
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
The Supreme Court on Thursday said the authorities were "not interested" and the people have been "left to suffer".
'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.
A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.
After years of losing money on two of the group's biggest bets - global steel business and domestic passenger cars - there are strong signs of a revival in both businesses.
'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).
The decision to do away with Rs 500 and Rs 1,000 notes accelerated the slowdown in economic activity with growth averaging 6.8 per cent in the seven quarters after it, as against an average of 8 per cent in the six quarters preceding it, says former chief economic advisor Arvind Subramanian.
The Tata Steel Group has extended substantial financial support to the UK business and suffered asset impairment of more than 2 billion pounds in the last 5 years.
Opposition leader Imran Khan's political party on Monday decided to withdraw its lawmakers from the National Assembly and all provincial assemblies except Khyber Pakhtunkhwa, piling pressure on beleaguered Prime Minister Nawaz Sharif to quit, even as efforts by the ruling PML-N to reach out to anti-government protesters failed.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
Given the broken balance sheet and the limited fiscal room, the government has to kick off investment: Vikas Khemani & Stephen Gallagher.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
Burjis Godrej, 25, son of Nadir Godrej will join Godrej Agrovet in July
'Should the new ISIS leadership opt for a consolidation, the Afghan-Pakistan border would be an attractive place,' warns Brigadier S K Chatterji (retd).
In his nearly 80-minute long speech on the first day of the three-day conclave, Bhagwat also asserted that RSS is "most democratic" and not dictatorial, insisting that it neither imposes its ideology nor remote-controls its various affiliates, apparently rejecting criticism that the Bharatiya Janata Party is controlled by it.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Take calculated, not blind risks, suggests Ramalingam K.
Barcelona, Las Palmas match postponed over Catalan referendum
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
A realistic assessment will tell us that not much has changed between India and Pakistan; the relationship remains as fraught as before with little prospect of reconciliation, notes Ajai Shukla.
The taxi-hailing company said it will challenge the decision, which shows the world that "far from being open, London is closed to innovative companies".
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
The government has also built in mechanism to protect investors from price fluctuation.
This route accounts for Rs 2.75 lakh crore of FPI holdings.
'Those leading the current political dispensation, whether at the central or the state level, must recognise the enormous risks that their divisive policies are creating for the national security and wellbeing of the country,' cautions former foreign secretary Shyam Saran.
Though EPS has sworn peace for now, or so it seems, his camp is said to be considering the possibility of calling an early meeting of the party's general council, to get a mandate in his favour before things went out of control. Ground-level indications are that OPS had lost his limited base, which alone had forced him to patch up with the other, reportedly at the instance of the BJP ally at the Centre, says N Sathiya Moorthy.
But he politely asked the Israeli head of the government to 'hold back' on settlements in territory claimed by the Palestinians for their future state: 'for a little bit'.
A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.
A look at Reuters Photojournalist of the Year Damir Sagolj's photographs.
OVL, the overseas investment arm of state-run explorer Oil and Natural Gas Corporation, holds 40 per cent stake in the San Cristobal oil project in Venezuela.