The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.
This is a third of Rs 33,992 crore debt that was to be passed on to the new owner during last year's failed divestment process.
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
Vedanta group chairman, Anil Agarwal, 69, is well known for his business journey from a scrap dealer from Bihar to a London-based globe-girdling metal and oil and gas conglomerate with revenues of $19 billion. Now his abilities to keep his group from over-leveraging itself will be put to the test. Over the years, Agarwal, now based in London, set up the conglomerate via acquiring iron ore producer Sesa Goa, Cairn's oil producing assets in India, and Electrosteel Steel.
The longer it takes for RBI and the government to stabilise monetary conditions in the economy, the more severe and long lasting will be the damage caused to various sectors of the economy, especially to the informal sector, says Rajeswari Sengupta. Rajeswari Sengupta discusses the impact of this move on money supply, output and prices, in the short- and medium-term.
'Both Hindus and Muslims should work together to construct both the masjid and mandir.'
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Fund managers will be given more flexibility to invest in corporate bonds.
Anshu Kumar, 21, son of government school teachers from a village in Bihar, won the President's Silver Medal at the NDA. He commanded the grand passing out parade and will go on to join the Indian Navy.
The central bank will auction Rs 220,00 crore (Rs 220 billion) of government cash management bills every Monday, it said in a statement, without specifying for how many weeks the sales would last.
'The desire to force others to act according to the way we want the world to be is strong in our parts. This is particularly so because we have not fully internalised the idea of individual liberties. The fact is that our moralism will get us into trouble,' says Aakar Patel.
The Sheikh Hasina-Narendra Modi summit put India-Bangladesh ties on a firmer pitch. Brigadier S K Chatterji (retd) takes stock.
You can make all the speeches you want, you cannot argue against 39 straight months of slowing, observes Aakar Patel.
Chief Justice of India Ranjan Gogoi on Monday said it was in "our best interest" to heed the advice of the Constitution as not doing so would result in a "sharp descent into chaos".
The ruling Dravida Munnetra Kazhagam (DMK) has submitted before the Supreme Court that it is discriminatory to exclude Tamil refugees from the purview of the Citizenship (Amendment) Act, 2019 and prayed that the legislation be declared null and void as it is unconstitutional and "destroys the basic fabric of secularism."
Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation on Wednesday.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
'The government is trying to kickstart the investment cycle in India and while the corporate investments are yet to gather momentum, there are early signs of the same.'
The central bank can directly print money and finance the government, but it should avoid doing so unless there is absolutely no alternative, former RBI governor D Subbarao on Wednesday said while pointing out that India is 'nowhere' near such a scenario. In an interview with PTI, Subbarao suggested that to deal with the second wave of COVID-19 induced slowdown in the economy, the government can consider Covid bonds as an option to raise borrowing, not in addition to budgeted borrowing, but as a part of that.
The beauty of the relationship between the two countries is that they agree to disagree and perhaps that is the strongest bond between the two governments and their relationships, notes Rup Narayan Das.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per cent in 2022 to 3.42 billion Swiss francs (nearly Rs 30,000 crore), annual data from Switzerland's central bank showed on Thursday.
The 52-year-old Congress leader reached Surat in the afternoon via a scheduled commercial flight along with sister Priyanka Gandhi Vadra and proceeded to the sessions court.
The entry of the 152-members three NDRF teams and six canines into the disaster zone was swift, and their exit "moving and emotional".
The maiden bilateral meeting between President Joe Biden and Prime Minister Narendra Modi on Friday will further strengthen the US-India strategic ties and allow the leaders to discuss the situation in Afghanistan and how the two countries can work together to fight terrorism, a senior White House official has said.
'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.
Take a look at photographs of the two prime ministers during PM Modi's five-day visit to Japan.
'Today, our hearts are with India. Jill and I send our deepest condolences to the families who lost loved ones during the bridge collapse and join the people of Gujarat in mourning the loss of too many lives cut short,' Biden said.
