Since 2000, China has had the world's largest outflow of HNIs.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
There was fresh selling of the American currency by banks and exporters
Modi said there was a time when families would celebrate getting gas connections as if they have got home a Mercedes.
PS banks need to pull up their socks to improve cash flows.
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
India is witnessing its own tech tsunami, and is poised to become the second largest global startup hub by the end of the decade
Joveo is not like Monster or Naukri.com!
Manish Sabharwal tackles 5 criticisms of demonetisation.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Unless RBI temporarily relaxes the norms on recognising of bad loans, the pressure on this front could rise in the December quarter.
'Start Ups have to be really careful of the kind of talent they bring in, and the tone and culture they set.' 'It's absolutely crucial that the people we hire are motivated go-getters who can align with the company's long-term goals, culture and values.'
In a midnight operation in the high seas, a Pakistani fishing boat said to be carrying explosives was intercepted by the Indian Coast Guard off the coast of Gujarat, but the vessel exploded and caught fire before sinking along with 4 occupants.
If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
The protection of individual security and privacy is critical to building safe online systems, say Mitchell Baker and Ankit Gadgil.
Ajay Piramal bets highly on infrastructure, realty
The company's buy of Concur will strengthen its position in cloud computing
The Indian market is highly competitive, and tariffs here are amongst the lowest in the world.
Wipro has a good brand because of the trust and quality it enjoys globally.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
India Inc is shying away from investing in digital technologies.
Banking and telecom will see the highest impact of this transition.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
The Chinese billionaire and founder of Alibaba is said to be planning a significant investment in business to business e-tailing as well as payment services and logistics companies.
Fraudsters were luring gullible investors of daily returns up to Rs 75,000.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
'If I had to highlight one area that will do well, it is the financial assets -- that is the private sector banks, insurance and mutual funds.'
In the second of a six-part series, Sanjay Jog of Business Standard walks across the streets of Indore to find out how it has been hit by demonetisation.
Banking is first about trust and integrity and then about technology and the rest.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
Start-ups have begun looking at ways to conserve cash.
Ramping up globally, the Indian restaurant search service is going as local as possible in its markets to improve its brand's stickiness.
