RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
Sapience offers an innovative solution to measure the productivity of office and mobile workers, with almost no manual inputs from managers or employees, says Romita Majumdar.
Migrants do many of the dirty and dangerous jobs in the region, from construction to the oil industry, transport and services
'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.
Of the 40 CEOs polled from across the country, 60 per cent identified a fractured electoral mandate as a bigger risk than trade wars, volatile oil prices, and inflation.
Sanjay Mookim, India equity strategist at Bank of America Merrill Lynch, tells Puneet Wadhwa that this is not a time for investors to dabble in relatively small and illiquid stocks.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'
Jaitley also dismissed criticism that lower taxes were aimed at helping corporates.
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.
National carrier Air India is running in losses and needs government's attention.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
'The debate is not whether the Indian defence apparatus is in a state of disrepair, but whether it is capable of securing the defence of the country if any envisaged threat becomes real.'
'Villages are much better prepared than towns as far as COVID-19 is concerned.'
The feasibility study of Delhi-Chennai corridor is being done in cooperation with Chinese Railways.
The awarding of in-principle licences for 10 small finance banks is likely to be a game changer in a way which may not be adequately realised right now.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
A PTI tally of figures announced by different states and union territories, as of 9.25 pm, showed a higher number of 1,76,792 confirmed cases and at least 5,100 deaths. It also showed nearly 86,000 recoveries and close to 85,700 active cases.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
Love Sherlock, Dr Who, and Downton Abbey? Vanita Kohli-Khandekar finds out how the UK became one the world's largest creators of television content.
These trips can be as short as a month to 45 days.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
'People have been flying for years on the basis of a police clearance and an airport entry pass.' 'Then they came out with a convoluted thing -- that your police clearance must be from your place of residence.' 'Now if a pilot is sitting in Delhi but is from Timbuktoo, the papers will have to come from there.' 'So at any point, you have a certain number of pilots sitting on the ground because his AEP has expired and the papers haven't come.' Revealed: India's bizarre processes to get pilots to fly planes.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Education remains one of the key focuses of the new government.
Microsoft India's chairman Bhaskar Pramanik tells Business Standard how India will be at the forefront of the company's 'mobile first, cloud first' strategy.
'Nobody expected the slowdown to go for these many days. Unfortunately, it is an unbelievably bad slow down.'
FM proposed rationalisation of various tax exemptions.
Current Account Deficit is projected at 1.2 per cent and 1 per cent of GDP in 2014-15 and 2015-16.
As of now, 12 million Indians join the workforce every year.
'Women were not allowed in the Territorial Army before January 5, 2018. Presently girls are not allowed in Sainik Schools and Rashtriya Military schools. Women are not allowed in the army education corps, in the engineering services (as permanent commission), they can't be religious preachers in the army. There's a need to change with the times.'
Unless supported by investment, any spark of a recovery could be temporary, hint economists.
He was the army commander who planned Operation Bluestar. As army chief he planned Operation Brasstacks which rattled the Pakistan army. General K Sundarji was brilliant, ambitious and controversial, remembers Rahul Bedi.
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