The agency welcomed the Rs 1.70-lakh crore package announced by Finance Minister Nirmala Sitharaman earlier in the day but said more measures like loan forbearances for small businesses and households are necessary.
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
Indian companies struggle to escape debt burden as profit slows.
India is Asia's third-best performing equity market.
All laws have been modified to omit the domicile clause for property rights in the valley. This effectively means that anyone with enough money to spend can now technically buy property there, writes Sai Manish.
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.
Stock prices is due to valuation expansion
'During the lockdown if you terminate your employee, then you will face action under the NDMA.' 'This will be the first time something like this will happen in the history of India.'
Monsanto has taken the government to court over the royalty.
India likely to overtake China on strong GDP growth.
Anjuli Bhargava discovers how the Buddha Fellowship is attracting India's brightest minds to solve its problems.
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
1997: Sukanya Verma offers a recap of its memorable imagery.
If allowed to go unchecked, this addiction can wreck you financially as well as emotionally.
'We will see a kind of disaster which the country has not seen in the last 100 years.'
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
'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.
'In the real economy, the scars of the pandemic will continue to define 2021.' 'It is still hard to tell the effect on unemployment, migrant workers, poverty, and the informal sector of the lockdown and of the pandemic,' observes Mihir S Sharma.
A summary of sports events and sports persons, who made news on Monday
'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.'
'Helicopter drop' was first proposed as an alternative to quantitative easing.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
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.
After a two year long survey, which has been published under the title Beggars in Hyderabad, Hyderabad based sociologist Mohammed Rafiuddin that there were 73,00,000 beggars across India who earn as much as Rs 1.8 billion. The study put the number of beggars in Hyderabad at 11,000 with a total earning of Rs 150 million.
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.
American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative.
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.
'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'
We will find it difficult to exceed an average of 5 per cent growth in the medium term, warns Shankar Acharya, the former chief economic adviser.
Sanjay B Jumaani, India's leading astro-numerologist, makes his predictions.
'They asked me if I was a devout Muslim and if I could recite the Kalma.' Flying Officer Jawahar Lal Bhargava knew his game was up. 'They threatened me with dire consequences if I didn't tell the truth.'
India has more service companies, such as IT and healthcaresectors, which always trade at a premium to the overall market.
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.
To make space for the extra row, Vistara has opted for the smartLav concept offered by Airbus
This post is for those who think they can't travel with less money and for those who have money but want to travel on a shoestring budget for the sake of constraint and the adventure it brings with it.
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.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
Myntra expects to reach $100-million annual revenue.
In her weekly column, mental health guru Anu Krishna offers advice on how to take charge of your life.
