FTIL prepares to challenge the order in the Bombay high court
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
Key relaxations traced in final regulations.
Many of the industrialists profiled in the book are no longer riding the wave of success.
Data used for the graph and cited elsewhere in the column were obtained from various publications of the RBI.
After 2015, all re-structured assets will be treated on a par with non-performing assets, requiring the same level of provisioning.
Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Some of the key proposals of the agenda relate to transforming the banking sector, addressing agrarian distress, countering hate crimes and discrimination, and spurring employment generation.
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
Once again, tax demands on foreign investors cause worry.
'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
Kirti Azad, a known detractor of Jaitley, egged on the Congress to seek a time-bound SIT probe.
The government has hiked foreign investment caps.
India is committed to getting back to a sustainable growth path of 8 to 9 per cent, Prime Minister Manmohan Singh has said, adding that such a target is achievable because the fundamentals of the Indian economy remain strong.
Only when the RBI inspection started on September 19 did they realise that their game was up and one of them had sent a letter to the central bank, leading to the RBI crackdown, report Anup Roy and Subrata Panda.
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
The rupee is being driven into a vicious circle.
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
Parekh said divestment can unlock huge funds.
'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'
Finance Minister Arun Jaitley presented the Union Budget.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
'On the tax front, most of the Budget proposals are sensible'.
Demand among several pre-Budget representation by BSE Brokers' forum
Higher rural incomes, pay commission benefits, and lower interest rates are key positives: Analysts
It is time to take a few macroeconomic risks to kick start the growth.
The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.
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.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
India's good fortune, experts in the US feel, is not the result of a fundamentally strong economy, but because it is the best of a bad set of options.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.
Indian economy about to take-off
Govt keen to revive business sentiment in india.
Perhaps the way forward could be the introduction of uniform rating standards - on the lines of accounting standards for the accounting profession - with a separate regulating authority for enforcing those standards, says Sudipto Dey.
EduBridge is emerging as a strong player in training unemployed youth.
'In the Mahabharat, when faced by an enemy, Yudhishtir, the eldest Pandav, had quipped that 'When it comes to external enemies, we are 105, (100 Kauravs and 5 Pandavs)'.' 'It is time modern politicians heed this ancient wisdom,' says Colonel Anil A Athale (retd).
