'Amendments in the past have created fear. This will take it further.'
Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4000 crore
'Ola in India makes money on every ride. Our focus over the past couple of years has been to keep growing the market and our share in the market and build up on sustainable business,' says co-founder and CEO Bhavish Aggarwal.
Trai chairman Rajiv Khullar says, India has to pull up its stocks in order to achieve financial inclusion.
A rejuvenated Indian side will aim to complete a hat-trick of victories when they take on Sri Lanka in the fourth match of the Commonwealth Bank Tri-Series, in Adelaide on Tuesday.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout.
'Make sure you provide enough support (income, nutrition, healthcare, and housing) to migrants stuck (and their households), so they are not compelled to seek work or migrate back.' 'Otherwise, the risk of contagion is extreme.'
Putin's visit comes at a time when Russia's economy is stalling as oil prices tumble
Leading private sector bank ICICI Bank has opened an office in South African city of Johannesburg with an aim to capitalise on India's growing ties with African countries.
India's ambassador to the United States, Harsh Vardhan Shringla, who was visiting The NYT editorial board, rejected Khan's criticism.
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
FMCG giant Unilever CEO Paul Polman and technology major Intel President Renee James on Tuesday met Prime Minister Narendra Modi as a slew of global corporatehonchos continue to line up to express their intention to invest in India.
Friends and colleagues pay rich tributes to the "charming, approachable, and very accessible" Indian Constitution scholar Granville 'Red' Austin.
Taking a dig at the system, Prime Minister Narendra Modi on Monday said things have started moving in India under him and the Jan Dhan scheme was being implemented at a rapid pace despite initial reluctance of RBI and bureaucracy.
The Indian side, led by former foreign ministry secretary Vivek Katju and included well-known educationist J S Rajput and other experts, met ex-Pakistan foreign secretary Inamul Haque.
'India's economic fundamentals are much too strong to be affected by his resignation,' says B S Raghavan.
Prime Minister Narendra Modi turned 70 on Thursday, and wishes poured in from top dignitaries, including the President and Vice President, Union ministers and leaders from across the political divide. The Bharatiya Janata Party is organising a number of events, mainly aimed at public service, across the country to celebrate Modi's birthday as 'Sewa Divas'.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
Officials said there had been no official word or indication from the top yet. The expectation from officials is to do what they can, but it is understood that all fiscal and budgetary targets don't matter anymore.
Given the current crisis in the financial markets, the Reserve Bank should not lower its signalling interest rate and should return to its inflation-targeted policy path, the former RBI Deputy Governor said. "There should be no question of any lowering of the RBI signalling interest rate," he said.
China also said it will continue to share the flood data with India.
"We believe in the coming months of September and October, the manufacturing growth is likely to remain flat and IIP growth may even continue to remain in the negative territory," SBI Research said in its Ecowrap Report.
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
Participants are keenly waiting for the January IIP.
The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
In the changed scenario of Indian private equity, where institutions and individuals are busy with fund raising, the fund houses are exploring untapped markets.
'Online teaching requires a new set of skills to be acquired by the teacher.' 'These skills are not like foot sizes or height which can't be improved, but are like muscles which can be developed with some practice.'
RBI has kept interest rate unchanged at 8 per cent since January
'These firms do not contravene provisions of Chartered Accountants Act, 1949, which bar members of the countries not allowing Indians to practice accountancy in their jurisdiction to become chartered accountants in India,' said the committee, headed by Anurag Agarwal, a joint secretary in the ministry of corporate affairs, and such Indian audit firms cannot be equated with multi-national corporations.
There will be pressure on the fiscal situation, especially at a time when the monsoon can also disappoint. More populist expenditure is on cards if the mandate is a hung Parliament or a coalition government.
Despite various challenges, the past year was a good one, says Bruce Cleaver, chief executive officer of the De Beers Group, the global corporation that has been the leading one in all aspects of the diamond trade for over a century.
In order to determine whether this would be sound strategy for them, one needs to look at two issues: One, on the alliances being built globally between telcos, on one hand, and cloud service firms, on the other, especially with the advent of 5G; and two, how their business strategies in India will blend into with such a deal.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
The growth in imports was led by product categories such as diagnostic items, ultra-sonogram machines, MRI and ECG apparatus, syringes with needles, suture needles, digital thermometers, malaria diagnostic kits, and hearing aids.
While for the consumers, there is some gain and some pain, for India Inc, it's all about compliance, consolidation and parity
In this Budget, too, there were a number of measures aimed at plugging tax leakages and ensuring greater compliance, says Sanjay Kumar Singh.
