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.
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.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
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.
What's it like for two people of the same sex to be in love Mumbai? Anita Aikara/Rediff.com finds out.
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 govt has incentivised the worst of investment products.
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.
Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.
The Budget decides to take the lead in revving up infrastructure.
Connectivity is what SAARC needs the most but Pakistan is not interested, says Rajeev Sharma.
'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 middle class you can hurt anytime. For revenues, politics, pleasure, anything,' notes Shekhar Gupta.
'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.'
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.
India's banks rely on overnight borrowings to fund longer-term lending.
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.
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.
Aseem Chhabra picks the scenes that left him impressed this year.
'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'
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
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.
Hoard cash. There will be plenty of time and opportunity at far lower levels, warns Sonali Ranade in her weekly Market Notes
'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.
Be prepared to bump into some special people at the pandal.
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.
Could this reluctance be tied to the family's projection of themselves as the last bastion of the aam-aadmi's interests? Do they fear that a full disclosure of their not-inconsiderable assets would go against their carefully-cultivated pro-poor image, wonders Saisuresh Sivaswamy.
If the people of Tamil Nadu stop deifying their leaders and start evaluating them more objectively, the political masters too may change their wayward behaviour, argues Sudhir Bisht.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
After 800 days, is it a little clearer that Accused No 1 through 4 are responsible for her death?
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Raghuram Rajan explains the rationale for his policy stance and other issues.
