Chidambaram also said the government will take steps to curb imports of gold, silver, oil and luxury goods.
The film is a long, tedious and predictable film about friendship and revenge, set in the backdrop of the Mumbai underworld
Used prudently, plastic money is among the most useful, powerful and non-polluting kind of plastic invented. Be smart with it!
What's it like for two people of the same sex to be in love Mumbai? Anita Aikara/Rediff.com finds out.
It will take over large non-performing assets of banks and help in revive companies ridden with bad debts.
India builds up record FX after Fed hints rate hike in future.
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
Some lenders in talks with LIC for pvt placement
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
To provide similar extended time limit for payment of tax deducted from payments made to non-residents, it is proposed that the deductor shall be allowed to claim deduction for payments made to non-residents in the previous year of payment.
Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.
The RBI opened a forex swap window in August to meet the entire daily dollar requirements of three oil marketing companies as the rupee depreciated to an all-time low of 68.85 against the US currency.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
'The middle class you can hurt anytime. For revenues, politics, pleasure, anything,' notes Shekhar Gupta.
Connectivity is what SAARC needs the most but Pakistan is not interested, says Rajeev Sharma.
The govt has incentivised the worst of investment products.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
The Budget decides to take the lead in revving up infrastructure.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
'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.'
Aseem Chhabra picks the scenes that left him impressed this year.
India's banks rely on overnight borrowings to fund longer-term lending.
After hitting a record low of 68.85 to the dollar last week, a Reuters poll suggests the rupee will stabilise at 66 to the dollar by the end of September, while technical charts also point to a period of relative calm.
Rediff.com gives you a look at films in the past that have captured the lives of sporting icons, and their rise to glory, on the silver screen.
'Experience is important. But if you work hard, you can improve faster. There is a three-month gap now and we will look to train harder and improve our fitness for Olympics' 'I think we need to cut down simple errors on court and not give away easy points. We have got to work hard each day without thinking about the results, as giving our best is in our hands'
Kochadaiiyaan is a fundamentally flawed dud, one without anything to applaud besides grand (if self-glorifying) ambition, rants Raja Sen.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
After 800 days, is it a little clearer that Accused No 1 through 4 are responsible for her death?
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
Be prepared to bump into some special people at the pandal.
'Films will come and go, some will do really well and some will be okay, you have to learn from that and move on. But rest assured, you know one thing: they (audiences) love you, and that's the most important thing. And you love them back, probably twice as much.' Jimmy Sheirgill gets candid.
Euro-zone growth could improve because of (a) reduced pace of fiscal tightening and (b) stronger exports, but weak domestic demand and a fragile banking system could increase deflation risks that could force the European Central Bank to turn further accommodative.