The government is likely to name a successor to Rajan sometime this month
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
A 'chance meeting' with Pullela Gopichand near an auditorium lift was enough for Manasi Joshi to convince the national coach of her burning desire to become a world champion.
'The situation is quite terrifying as you have no job creation and there will be loss of jobs.'
'Today, political formations seem to adopt an 'us' versus 'them' approach which shows up even in their attitude towards civil servants.'
'This creates an added layer of fear.'
Stating that a weak fiscal position continues to constrain India's sovereign ratings, Fitch said the next government's medium-term fiscal policy will be of particular importance from a rating perspective.
The use of such robots can not only save lives but can also help road construction companies cut down on labour costs.
The ongoing corporate results and the Union budget are also making participants tread cautiously though the GST agreement provided some relief.
Businesses coming to terms with Ind-AS (Indian Accounting Standards) implementation, GST can do without further uncertainty and costs, say N Sundaresha Subramanian & Sudipto Dey.
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
The brokerage said the consolidated fiscal deficit, including that of the Union (3.6 per cent), the states (2.6 per cent) and the off-budget borrowings which are being resorted to increasingly is a worry.
'If a lawyer can talk about finances, if a TV actress can be the HRD minister and if a 'chaiwala' can be... then why I cannot talk about economy?'
'This is not like a one quarter hit; it will take time.'
'Day by day, the queues will shorten.'
'It will be only in fiscal year 2023 when the size of the Indian economy will be bigger than what it was in 2020, you will see demand and employment rising.'
At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.
Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms
The NSE Nifty, which again went past the 9,900-mark to touch a high of 9,903.95 intra-day, finally settled 103.15 points, or 1.05 per cent higher at 9,897.30.
India is not so worried about meeting fiscal deficit target.
This could be their last meeting as leaders of the two countries with Obama's second term as US President coming to an end in November.
The past eight months have seen vast improvement in the Indian economy, says Edelweiss Group chairman and chief executive Rashesh Shah, who feels domestic-oriented sectors are likely to do better.
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.
This is the ninth consecutive month that the manufacturing PMI remained above the 50-point-mark.
We asked you to tell us your reason for choosing not to vote. This is what our readers shared.
The sub-quota scheme may now lead to a ganging up of non-Vanniyars in individual constituencies against the Vanniyars just as in the past, such ganging up against SC-ST candidates was seen in the non-quota constituencies, says N Sathiya Moorthy.
'Our liquidity is strong for the next 15-20 days.' 'But if the situation worsens drastically, then we will have to think about laying off people.'
Most analysts as well as company executives say the rally in commodity prices is ill-timed coming just when firms were recovering from disruptions such as demonetisation & introduction of GST
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
'The economy is suffering (perhaps 'enjoying' is a better word) the lowest credit demand in decades; banks are struggling with stressed loans equivalent to near 10 per cent of GDP,' points out Devangshu Datta.
Indian economy was growing faster than the global average and all other major economies: FM
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
From the rollback of customs duty on key electronic components to fast tracking delivery of goods imported from China, players are looking for incentives on several counts.
After being cornered by Patanjali and macro-headwinds, ayurveda major Dabur is pulling up its socks. With better sales and improved margins, the firm is now looking to leverage the renewed popularity of ayurveda, mostly ignited by rival Patanjali. Sunil Duggal, bottom, left, chief executive officer, Dabur India, shares his plans and insights with Arnab Dutta.
In fuel and power segment, inflation saw a sharp surge to a near double digit inflation at 9.99 per cent, against 4.37 per cent in July.
Maruti, Honda and Tata Motors posted highest sales growth during the month
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
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