As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
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.
'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'
The Swiss lawyer heading up a committee charged with reforming the structure and management of world soccer body FIFA says major changes to the organization's voting structure and imposing term limits on executive committee members will be difficult to achieve in the short term.
Earlier, The Nitish Kumar government had banned sale and consumption of country and spiced liquor in rural areas from April 1 this year, but had allowed sale of foreign liquor in towns and cities.
The temples are concerned about the religious sentiments of the devotees who donate gold ornaments in the name of the deities
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
'There are reports of political dissent mounting on Xi Jinping's handling of the Wuhan fallout.'
Indian talent may soon be allowed to work in France without a degree from a French institute.
FM should avoid proposals such as to tax financial transactions and fringe benefits
The Budget has evoked mixed reactions from Silicon Valley investors.
While asserting that the growth of coronavirus cases in the country has been more or less linear and not exponential, it also said testing has been ramped up consistently.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
It's also important to understand the rationale behind choosing particular stocks and when to sell.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'Poverty-stricken and drought-affected families in Bundelkhand and Marathawada are selling their children for as little as a few hundred rupees.'
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
21st century may have witnessed expansion of higher educational institutions, but who can afford it? Sushree Panigrahi & Jeet Singh look at the numbers.
South Korean President Park Geun-hye's visit to India will enhance economic and military ties between the two countries and give the relationship a strategic dimension, says Jiye Kim.
Raghuram Rajan rejected the argument that inflation has come down largely because of "good luck" stemming from low oil prices.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
