There are very few people in the world who qualify to be called a living legend. Astad Deboo is one of them.
'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.'
'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'
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.
'We wanted to explore the divisions in India -- be it class, caste, language, religion or gender.'
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.
'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.
'The future looks quite bleak unless we ramp up testing and start vaccinating on a war footing.'
India has more service companies, such as IT and healthcaresectors, which always trade at a premium to the overall market.
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.
Rediff readers share their interesting stories about the first salary and what it taught them.
'We will be voting keeping in mind the brunt we bore because of demonetisation and high GST rate'
With the lockdown extended till May 3 to stem the spread of the coronavirus, the little money daily wagers had is mostly gone and so is hope.
The figure is based on the base price of spectrum for the upcoming auction fixed by the TRAI and on the assumption that there will be no bidding war.
With telecom disruptor Reliance Jio not raising tariffs, incumbents Bharti Airtel and Vodafone Idea are focusing on the minimum monthly recharge and higher first recharge offers to ensure they retain only loyal and revenue-incremental subscribers, reports Romita Majumdar.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
You were one of the millions who made Ed Sheeran the most streamed artist of 2017.
They are not only coming up with whacky names to grab attention but are also stretching the definition of e-commerce.
Myntra expects to reach $100-million annual revenue.
'Focus on companies with healthy balance sheets and return ratios.'
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
Good growth in BFSI segment, favourable currency to aid the company in Dec quarter
Tips from the likes of India batting legends Sunil Gavaskar and Rahul Dravid during the just-concluded 'A' teams' tri-series, says Mayank Agarwal, will go a long way in shaping his fledgling career.
It is welcome that the government tried to make its intentions clear last week - especially as risk concerns return to global markets.
Check out some of the stocks that will react on the basis of their numbers in the near term.
Index heavyweights continue to be top losers with ICICI bank.
'When fund managers talk of being bullish for the long term, they assume strong economic growth.' 'That is what they have assumed every year, naively believing the pronouncements and promises of ministers.' 'Unfortunately, they have been wrong year after year,' observes Debashis Basu, editor, www.moneylife.in.
Rediff readers tell us what they did with their first salary.
Before participating in such a scheme, do a detailed background check of the company's credentials, especially if the promised returns are unrealistic.
'Why did your generals try to grab a few square kilometres of Indian territory in Ladakh?' 'And what happened to the hard work that you and Prime Minister Modi put into the Wuhan and Mamallapuram meets?' Claude Arpi writes a letter to Xi Jinping, China's self-styled supreme leader, who turns 68 today, June 15.
In the near term, the key driver will still be the government's fiscal spending.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
Can you help this Indian achieve aviation history?
Indian states are preparing for a Rs 1.9 lakh crore (Rs 1.9 trillion) tax windfall this fiscal year.
'Trust a fund manager, buy some small-cap funds and stay invested.'
Netflix plans local studio in India push. Move comes as rival Amazon Prime Video lines up as many as 18 original shows for India.
Why do I want to bring corporate tax from 30 per cent to 25 per cent? I have to attract investment in this country -- not just international but domestic.
With India poised to become the largest economy in the world by 2030, it cannot afford to leave half of its workforce behind.
For 2020, 13 brands are said to be on board already and advertising rates have been fixed at a premium of 10-15 per cent over 2019.
