Several nuclear power projects held up for the lack of such an insurance pool can now be expected to move forward.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
The government is by far the largest employer; job security is guaranteed for government employees, and their wages are set through once-in-10-year Pay Commission.
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
Corporate Social Responsibility can become a serious tool for improving the lives of millions in any structural and long term way, writes Rajni Bakshi.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
Hindalco is currently one of the frontrunners in the coal auction
Surendra Hiranandani -- chairman and managing director, House of Hiranandani -- explains what ails India's housing sector and indicates the way forward.
'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
'Even though an India-China military conflict scenario seems unlikely, its possibility gets enhanced if our capabilities are seen to be inadequate by the adversary,' warns Vice Admiral Premvir Das (retd).
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.
Full liberalisation of the defence industry is necessary for both combat-readiness and security of long-term supplies, says Nitin Pai.
Public general insurance companies to collaborate for speedy settlement of claims
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
Parliamentary Affairs Minister Ananth Kumar said the government is ready for a discussion on the issue of alleged financial irregularities in the banking sector and Finance Minister Arun Jaitley will reply to the debate.
The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.
All these measures will revitalise the manufacturing sector, which has been in doldrums.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
The finance ministry has put out a revised draft in public domain.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
Non-mineral-rich states will benefit from tariff concessions.
Today, Suzuki depends on Maruti for its place in the world
The Modi government has not lived up to the muscularity the prime minister promised while campaigning, says Ajai Shukla
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
Dr Mitra called the Pandara Road crowd a 'cheerful collective of young dreamers,' united in its 'love and pride for the newly Independent India,' despite 'sharp disparities in background, temperament and attitude.' Dr Shreekant Sambrani recalls his encounters with the legendary economist who passed into the ages.
From India's fight against COVID-19 to China face-off, Kovind spoke on several issues during the televised address.
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
Meanwhile, Congress president Rahul Gandhi took a swipe at the Modi government and Anil Ambani over the Rafale issue, saying that in order to bag India's biggest defence contracts one has to be a "defaulter of Rs 45,000 crore" and have "no relevant experience".
Modi, who was elected in May with a mandate to provide jobs and economic growth, has seen his reform agenda stymied by controversial statements by lawmakers in his party
'What proportion of the people require the vaccine for us to manage this entire COVID-19 situation?'
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
Officials said there had been no official word or indication from the top yet. The expectation from officials is to do what they can, but it is understood that all fiscal and budgetary targets don't matter anymore.
'I don't see people standing up against what is happening in Kashmir. I feel this clampdown can exist as long as the government wants it to.'
The more one thinks about it, the more difficult it is to see how India will be able to reap the benefits of a demographic dividend, says Aakar Patel.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
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