The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
Derivatives exchange DGCX started trading futures for the S&P BSE Sensex
Clouding the inflation outlook is the recommendation of the 7th pay panel for an average 24 per cent pay hike for millions of its employees, which would lift demand-driven price pressures.
The Hyderabad-born Nadella says it's not the AI engine, but the teams that build it as well as the algorithms to make it intelligent have to be diverse and inclusive, so that the solutions they build do not show up any sort of 'unconscious bias' that they may have.
Investors from across the globe are keen to invest in Gujarat.
Mallya will now be the Founder Emeritus of USL
In a noble move, a group of IT professionals has come together to raise funds for repaying loans of over 100 debt-ridden farmers in drought-hit Vidarbha region, notorious for farmer suicides.
The formula for success of farm economy is very simple -- farmers should be able to produce more from the same piece of land at reduced cost while minimising risk and be connected to market to get higher realisation for their produce, points out Siraj Chaudhry.
All eyes will be on 41-year-old Wasim Jaffer, who is only 853 runs shy of 20,000 first-class runs.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
An internal study by the Reserve Bank of India is understood to have found out that most of the foreign exchange inflows into India from non-resident Indians and portfolio investments are emanating from tax-haven countries.
The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
As of now, just about 10 lakh people, out of the total 40 lakh, who were excluded in the draft of the NRC have submitted applications for inclusion of their names in the list of Assam's citizens.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
The deal brings the two start-up stalwarts - Bansal and Ola co-founder and chief executive officer Bhavish Aggarwal - together in the backdrop of growing foreign control in this space.
The politicisation of ethnic sentiments in the state has coincided with the ascent of the BJP and increased activities of far right Hindu outfits, which organised rallies and other events on religious occasions such as Ram Navami a festival not very popular in West Bengal- unlike states in north India.
'My brave JCO managed to get to the gun, sit on top of the dead man and fired away at the attacking aircraft till they melted away into the darkness.'
'Dr Rajan is often preachy with commandments aimed at nobody in particular,' complains M S Sriram.
For 2017-18 and 2018-19, investors are better off focusing on the quality of measures announced in the Budget and outside it rather than on the Budget numbers themselves, says T T Ram Mohan.
Besides, less than 200 applications have been received by the authorities challenging the inclusion of the names of suspected illegal immigrants in the NRC, a list of Assam's residents, two months after a window was opened for claims and objections.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Research and ratings agencies like Icra and Moody's have said the CAD in 2018-19 would be much higher than 2017-18
A major criticism of the new law is that it can become an instrument of abuse as it confers the tax enforcement authorities with strong discretionary powers, says Paranjoy Guha Thakurta.
Replying to a debate on Motion of Thanks to the President's Address in Lok Sabha, Modi also attacked the Congress for its politics in the last seven decades, saying the party's politics of last 70 years has been such that no Congress leader can be self-sufficient.
India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.
Endorsement by celebrities such as Aishwarya Rai, Hrithik Roshan among others and increasing awareness among customers are helping stem cell firms grow the brand footprint
The government is also working on Euroclearing, the world's biggest bond settlement system, for Indian debt securities.
The judgment was reserved after a marathon hearing which went on for 38 days spanning four months.
Renowned realtors are shying away from the private equity (PE) route to raise funds.
'Modi was in as sweet a spot as is possible for an Indian prime minister in mid-term.' 'Why, then, did he plunge into this massive disruption?' 'The answer,' argues Ashok Malik, 'lies in a single word: Belief.'
Jack Ma is learnt to have discussed about e-commerce, mobile telephony
Finance Minister Arun Jaitley's decision to cut arbitrage may ensure that the standards of purity of the refined gold in the Indian market meet the global benchmark
The PM said that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.
The Finance Ministry has sought comments from stakeholders.
