Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.
India country funds saw an outflow of $700 million
The improvement, coupled with the positive findings of Monday's survey on Indian manufacturing, augurs well for Asia's third-largest economy, which grew at a higher-than-expected 4.8 per cent annual rate in the three months through September.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Factory growth picked up in May.
The Indian Met Department has predicted a below normal monsoon.
India's booming outsourcing sector has been hit by a fraud again.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Some of Modi's biggest reforms have met with fierce political opposition.
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
List of international sports events affected by the coronavirus that has killed over 900 people and infected more than 40,000 in China
HSBC Electronic Data Processing India Private Limited is recruiting Customer Service Executives.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
The bank remains on high alert to intervene if markets freeze.
Although the country's manufacturing growth rate fell to its lowest in over four years last month, the export orders picked up and both input and output inflation eased, as per a monthly Purchasing Manager survey conducted by HSBC India and financial information provider Markit.
This is the lowest amount of funds held by Indians in the Swiss banks ever since the Alpine nation began making the data public in 1997.
The Wimbledon Championship runner-up is expected to be a top draw at the ATP 250 event to be played at the Mhalunge Balewadi Stadium in Pune.
Industrial output fell 3.2 per cent in November.
The 30- Share BSE Sensex ended 19924 up 22 points or 0.11 per cent, while the broader 50-share NSE Nifty closed down by 2 points or 0.01 pct at 5907.
Broader markets outperformed the benchmark indices marginally; BSE Small-cap ended 0.5% higher while mid-caps were up 0.2%.
Although the survey pointed to the softness in demand leveling off, a complete recovery is still some way off.
Finance Minister Arun Jaitley on Friday said Switzerland has agreed to share information on Indians having illicit money in Swiss banks on independent evidence provided in each case to the Alpine nation.
Weakness seen in software shares, auto stocks gain on good sales growth.
India has pipped China to drive the volume growth of smartphones in the world on the back of falling prices of high-end devices.
It indicates that the economy has remained frail at the start of the new fiscal year.
Global equity and bond markets, especially in Japan, were spooked on Thursday post the US Federal Reserve's comments on the third round of bond buying programme, commonly known as quantitative easing (QE3).
Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-per cent stake divestment in state-owned Coal India.
Days after RBI tightened liquidity to check rupee fall, HSBC country head and Ficci president Naina Lal Kidwai said the move was bad for industry as it would eventually lead to hike in interest rate.
The price range and size are yet to be determined, according to the term sheet, which also did not specify the timeframe.
Plastic counterfeiting and frauds have increased at an alarming rate. So how do you protect yours from being misused?
The latest PMI showed inflation pressures ebbed further last month with both costs of raw material and prices charged rising at a slower pace than March.
A major criticism of the new law is that it can become an instrument of abuse as it confers the tax enforcement authorities with strong discretionary powers, says Paranjoy Guha Thakurta.
They are sceptical about execution of recent reforms govt has announced.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.