Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.
Piyush Goyal is leading a delegation to deliberate with Australia.
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
'Anyone can string together a few alliterative words, but are they a substitute for serious thought?' 'And do they make for a strategy or plan for coherent action?' asks T N Ninan.
The Indian Army has not suffered any casualty in the month of July in these unprovoked ceasefire violations, the army spokesperson said.
Priyansh Tiwari, 20 shares his incredible weight loss journey.
'In India, we are paying a price for not managing water as we are not willing to pay the cost for it.'
'There is no holistic picture of our own goals and objectives.' 'For some inexplicable reason, the decision makers find it best to listen to their inner souls in dealing with these issues rather devising a carefully thought-out, structured plan,' says Vice Admiral Premvir Das (retd).
If India grows at 8 per cent, the Indian banks will grow much faster.
It's not as easy to know how the funds were deployed and gauge the impact.
Within two weeks of the speech, the prime minister flagged off the Pradhan Mantri Jan Dhan Yojana, and the day was marked by announcing its outcome on the very first day of its implementation.
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
This is the highest since May 2008, when the cumulative value of such investments stood at Rs 2,34,933 crore
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
According to the latest data released by the Securities and Exchange Board of India, the total assets under custody of foreign institutional investors in Indian equities declined by about Rs 44,000 crore (Rs 440 billion) to Rs 12.93 lakh crore as on July 31, 2013.
'We need to have the courage to take a rational look at known facts and act accordingly,' advises Mohan Guruswamy.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
The rise in India Inc's market value was led by asset-light firms.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Ayan Pramanik reports on former Infosys CFO V Balakrishnan's fintech firm, which aims to make borrowing easy for small firms and individuals.
American media has taken a critical view of his accomplishments, saying his flagship 'Make in India' drive is "so far mostly hype."
Education remains one of the key focuses of the new government.
The idea was that despite some defaults the high rates would assure good profits.
Any NGO critical of the government is unlikely to receive a green signal. The new amendment will leave NGOs vulnerable to harassment. It was the NGO sector that helped provide compassion and food to millions of people during the lockdown. The new Bill will render such cooperation and camaraderie impossible in future, observes Rashme Sehgal.
India Inc has too much on its plate to ensure double digit growth in FY16.
What stocks will gain from a normal monsoon?
Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
Prime Minister Narendra Modi on Thursday address Members of the British Parliament in London where he promised to open more doors of cooperation between the two countries and delved on issues like terrorism and United Nations reforms.
India Inc did not perform well during December quarter.
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
The move will to a large extent speed up the monetary transmission process--which is banks passing on the rate cuts that the Reserve Bank announces to their borrowers without much delays--something that has been missing all these while and something that the RBI has been unhappy with.
Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.
On all key issues, Congress is MIA, sighs Shekhar Gupta.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
Committing to more steps to boost economy, the Finance Ministry said initiatives taken by the government in the past one year will boost investment and revive the sagging growth.
Interacting with state chief ministers, Modi underscored the enormity of what he described as the world's biggest vaccination exercise, which begins from January 16, saying over 30 crore citizens will get the jabs in the next few months in India against only 2.5 crore people vaccinated so far in over 50 countries in around a month.
