'The smartest businessmen are shopkeepers as their return on investment is better than anyone else.'
Hike would have led to higher cost of fertiliser, electricity and even CNG.
Foreign exchange reserves as a percentage of India's total external debt were 73 per cent at the end of December 2015.
Pushing a barrel of oil back to around $100 would require a reduction of production of about two million barrels a day - a cut that would fall predominantly on Saudi Arabia.
Jury finds that Samsung had infringed two Apple patents
The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.
The numbers in India may not be as big but the opportunity for serious growth is all there.
There are just 1,500 drug inspectors responsible for more than 10,000 factories in India
A fall in the rupee could boost exports. But the flip side of the equation is that a weaker rupee could stoke some inflation
Obama said that the country was starting to see a lot of the jobs that had left the shores in manufacturing, for example, now starting to come back, because "we put ourselves in a much more competitive position".
With Narendra Modi about to make his first Independence Day speech, there is a buzz in Delhi that Modi will make some big announcements to signal major reforms and directional shifts. But we have to wait and see if it happens, says Mohan Guruswamy.
Experts say poor city planning and inefficient administration turned an unusually high rainfall into a disaster.
Much of the tardy reaction to competition is the result of LIC's legacy.
Alnoor Peermohamed & Raghu Krishnan find out why the new CEO is said to be the perfect man for turning around Flipkart's fortunes.
When President Obama lands in New Delhi later this week, this spirit of accommodation must reignite a strategic economic relationship between the two countries.
According to a confidential government paper seen by Reuters, several states want to do away with obtaining landowners' consent altogether in some cases and to cut through red tape which they say holds up development.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Nirma detergent brand has shed its affordable tag for a more premium positioning against Surf, as rival Ghadi consolidates its position as a mass-market player.
As investors try to second-guess the US Fed, corporate and election results could have a bearing on market direction
Tehran plans to lift exports by 500,000 barrels per day
Amid a slowdown in car sales, Maruti Suzuki India on Saturday said it will foray into the light commercial vehicles segment, 30 years after an initial plan was shelved when the company started operations.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
Slow pace of reforms in India is disappointing: Faber
The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth
Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
The rally in index heavyweight ITC has boosted the sentiment across the board.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
Sadly, for hundreds of millions in India, that inequality from their birth and the utterly inadequate schooling and health care they receive thereafter mean that the lottery is stacked against them.
'What we need is right skilling, re-skilling and up-skilling.'
SBI had a tough journey in the last 40 years.
