New Development Bank plans to issue $300-500 mn worth masala bonds in rupee: K V Kamath.
The Assam cabinet had on December 13 approved a proposal to close down all Madrassas and Sanskrit Tols (schools) however, the legislation brought in the assembly during the day did not contain anything related to the Sanskrit tols and the education minister also did not mention anything about it.
Anjuli Bhargava discovers how the Buddha Fellowship is attracting India's brightest minds to solve its problems.
'You will never be able to do any work for society if you wait to make enough money.'
Meet a Mumbai couple whose hearts are so big that they emptied out their entire savings to help feed the poor and needy during the COVID-19 pandemic.
American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative.
'When I used to shoot my friends or cousins, I used to tell myself: I want to make them look a better version of themselves.' 'That's how I started: "I don't care who you are or who you think you are. When you are in front of my camera, I'll make you look better than what you think you are".'
Indian companies struggle to escape debt burden as profit slows.
Scheduled to be completed in 2016, the 4.94 km rail-cum-road bridge, India's longest bridge, will come up across the mighty Brahmaputra at Bogibeel in Assam. It is not only expected to be a lifeline for the Northeast, but will also strengthen the country's security.
Finance Minister Nirmala Sitharama on Thursday stated the government is planning to provide a relief package of Rs 1.7 lakh crore to the underprivileged, poor and migrant workers affected by the lockdown amid the coronavirus outbreak. The scheme has been named the Pradhan Mantri Garib Kalyan Scheme.
'Salman sir hears everyone out.' 'I felt Karan sir hears girls out more then the men.'
India is Asia's third-best performing equity market.
It is impossible for anyone to explain how markets are hitting record highs during an economic recession. It is both mysterious and surreal, notes Debashis Basu.
The Board of Control for Cricket in India secretary Anurag Thakur on Wednesday said that disbursement of financial grant even in cricket's global body International Cricket Council has always been performance based where the top Test playing nations got more share compared to the associate members.
Aseem Chhabra brings you the Best of the Berlinale.
Stock prices is due to valuation expansion
A summary of sports events and sports persons, who made news on Monday
Monsanto has taken the government to court over the royalty.
Google is going ahead with a policy revision mandating 30% charge on in-app purchases across all apps on Play Store. This has left developers' community worried about tighter squeeze on their earnings, says Yuvraj Malik.
According to nCore Games, FAU-G will be based on real scenarios encountered by the Indian security forces to deal with both domestic and foreign threats, with its first level set against the Galwan Valley backdrop. The start-up is planning to monetise the venture through in-game purchase where people will be able to buy better items in the game like better armour for an enhanced gaming experience.
Analysts expect earnings to become increasingly relevant given that the stocks have rallied on positive sentiment and the gush of liquidity. Macro factors, they suggest, have already led to a large re-rating in most counters
'We think FY18 will end with a 10 to 12 per cent earnings growth, but FY19 will see a recovery to over 15 per cent.'
India likely to overtake China on strong GDP growth.
The brokerage said the consolidated fiscal deficit, including that of the Union (3.6 per cent), the states (2.6 per cent) and the off-budget borrowings which are being resorted to increasingly is a worry.
'Where in the world you get 12.5 per cent return of interest?'
With an eye on the Olympics, the India hockey team skipper Sardar Singh said that the upcoming tournaments like Sultan Azlan Shah Cup and Champions Trophy will serve as important preparatory events in the run-up to the Rio Games. Sardar said while the immediate aim is to win a gold in Sultan Azlan Shah Cup at Ipoh from April 6-16, the larger goal is to come up with a medal-winning show in the Champions Trophy, to be played in London from June 10-17.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
If allowed to go unchecked, this addiction can wreck you financially as well as emotionally.
Bhagwati reminded Modi that the US system was driven by lobby groups and India needed to voice its concern over the anti-outsourcing sentiment in the US
There are very few people in the world who qualify to be called a living legend. Astad Deboo is one of them.
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
The government has spent a little less than one-third of the Budget estimate of capital expenditure, it can still spend about Rs 20,000 crore this year without disturbing its fiscal deficit target.
To make space for the extra row, Vistara has opted for the smartLav concept offered by Airbus
'Helicopter drop' was first proposed as an alternative to quantitative easing.
'The future looks quite bleak unless we ramp up testing and start vaccinating on a war footing.'
'You can't take money from Shaktikanta Das (the RBI governor) and give it to Nirmala Sitharaman (the Union finance minister). She will blow it away on Modi.'
'We wanted to explore the divisions in India -- be it class, caste, language, religion or gender.'
'If the government spends Rs 10 lakh crore this year then you would be looking at a GDP growth of minus 5 per cent.' 'If you do not do this, you will be looking at GDP growth between minus nine and minus 10 per cent.'
RBI Governor Shaktikanta Das said the central bank saw economic growth slowdown in February, prompting it to cut rates ahead of the curve and wondered why markets were surprised with the decision to pause rate reduction. Noting that there is a need for an "informed and objective discussion" on the country's economy, Das said the RBI would do "whatever is necessary" to address growth slowdown, spikes in inflation as well to ensure good health of banks and non-bank lenders. The apex bank went for five consecutive rate cuts starting in February this year, making it a cumulative reduction of 1.35 per cent.
'Where betting is legalised it is heavily regulated and they work in close conjunction with us, so it does assist us' 'Sometimes these corruptors are like paedophiles and what I mean by that analogy is that they are prepared to spend a long time particularly grooming young players'
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