Parekh ensures that he never forgets the importance of correctness.
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
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2014 made a lot of promises; can the new year deliver?
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
There is a huge opportunity for foreign investment in India as the government focuses on rapid infrastructure development in the country, Finance Minister P Chidambaram said.
The central bank gave 11 entities licences to start payments banks.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
Markets now expect the Fed to normalise rates gradually.
Raising concern about over-dependence of Indian capital markets on foreign institutional investors, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.
Government sources say India could consider raising the policy repo rate if the rupee falls towards 61-62 to the dollar.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Experts say a turnaround may happen after the general elections.
The banking sector is set to move at a fast pace from hereon.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Intensifying competition and possibility of further legal action to test expectations of recovery.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
Dy Governor notes it's an era of job changes for better.
Thanks to Rajan we are an inflation-targeting country now
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Reliance, Birla Group, Airtel eye small finance banks.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
PE giants Apollo, Bain Capital and Advent International are keen to pick stake in Viom
Karvy Computershare Pvt Ltd engaged in fraudulent activities with respect to certain initial public offerings in 2005, market regulator Sebi said.
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
The transformer factory in Canada contributes about three per cent to the company's total sales.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
The scrutiny is expected to be over this month itself.
Buoyed by the success of secondary market, IPO market set to see high action
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
RBI is expected to discuss about the impact of GST in its monetary policy.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
The central bank has, so far, cut its repo rate by 125 bps.
The Survey shows fiscal consolidation despite slowdown in growth.
A revival in investment is likely to be a key near-term initiative.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Likely to seek FIPB approval to raise holding; deal could bring FDI of about $696 mn.
Measured by returns in 2013, the top 10 funds had only three from large houses; nimble strategy could be a factor.
DFS writes to departments that haven't responded to RBI's request for information.
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