'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
A summary of sports events and persons who made news on Saturday
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
A two-year extension at the helm of the RBI still looks a real possibility
The current process for selecting auditors could compromise their "independence".
The problem is so severe that multiple agencies have issued several precautionary measures.
Bharatiya Janata Party member of Parliament and former investment manager Jayant Sinha on Friday said the country has potential to become a $5 trillion economy.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
A report submitted by the consortium of seven Indian Institutes of Technology on way to rejuvenate the Ganga river is at heart of Prime Minister Narendra Modi's ambitious plan to restore the glory of the river.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
In a society where corruption is endemic and you want to get something done then it is all too tempting to offer a bribe, Swraj Paul said.
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
Why Dalit leaders cross over to the BJP
In the rights issue, the company is offering one share for every 15 shares held at Rs 1,257. The rights shares are expected to be listed on the BSE and NSE on or around June 12.
Two experts who took for the Common Admission Test this year, breaks down the paper for you.
A day after the first Ebola case was reported in India, Health Minister J P Nadda on Wednesday said arrangements similar to the one at Delhi airport, which helped detect the virus in a man returning from Liberia, have been put in place at 24 airports and stressed the situation was under "complete control".
Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.
State Health Minister K K Shailaja told reporters that the government has declared the epidemic as a 'state calamity' to take all necessary steps to ensure that the outbreak is effectively controlled. A medical bulletin issued by the government said the health status of all the three students, who tested positive for the virus, was 'satisfactory'.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Delhi Development Authority's land deal to Reliance Industries throws up larger issues of governance.
Recent statistics show that the situation is no different across the country with several hospitals lacking the infrastructure to manage a breakout of a blaze.
Even though the Health Ministry and Indian Council of Medical Research (ICMR) have been insisting that there is 'no solid evidence' of community transmission so far, the government has started scaling up health infrastructure to deal with any situation.
Shaken by Justice RM Lodha committee's recommended reforms of its governance structure, the Board of Control for Cricket in India has decided to call a Special General Meeting (SGM) within the next two weeks to discuss the implications of the report.
India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.
Orissa learnt its lessons from previous cyclones, particularly the 1999 super cyclone, whereas Uttarakhand has failed to do so from any of the previous natural calamities that hit the state, says Dinesh C Sharma.
India grew at 7.6% in 2015-16 and at 7.2% in 2014-15.
A recent survey done by indianboards.com suggests that around 283 directors will retire by October this year.
This was due to the fact that they had already won the Khel Ratna, the country's highest sporting honour.
Digital campaigns compared to billboards or even print ads not only have the power to reach wider audiences but also reduce the campaign costs. The focus on social media by political parties at election time, therefore, is hardly misplaced.
A summary of sports events and sports persons, who made news on Monday
The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.
As Unilever's COO, he is expected to take significant load off CEO Alan Jope, pushing growth across markets and driving go-to-market activities.
The State is trying to curb the students movements, therefore, there are suspicions against some of the Subramanian report on education's recommendations, says Mohammad Sajjad.
Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.
We can learn much from China with regards to making civil service recruitment more efficient, says former diplomat Kishan S Rana.
The Union cabinet on Wednesday approved the construction of National War Memorial and Museum near the famed India Gate in New Delhi.
Firms that should borrow abroad do not do so enough, and those that should not borrow abroad do.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
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