The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
Terming the state "pride" of the country, Modi said it is the gateway of the nation as it guards the frontier. It is the duty of the government to develop the state at any cost, he said.
Gold demand in India -- one of most avid purchasers -- is interwoven with culture, tradition, the desire for beauty and the desire for financial protection.
The apex court said it would pronounce its order on Tuesday whether such a plea was maintenable or not.
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.
Mahesh Londhe, son of a Pune bhel vendor cleared CA in first attempt. Londhe, who was sponsored by Thermax CEO MS Unnikrishnan, now wants to take up a corporate job in a manufacturing firm
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
RBI has taken a balanced approach in the credit policy considering various developments across the globe and their near term impact.
'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.'
India's indigenous paper manufacturers are forced to use a variety of raw materials.
Bajirao, an unorthodox leader, faced much opposition during his lifetime from the Brahmins of Pune. In the last hundred years or so, he has been ignored due to caste politics in Maharashtra where he has become a 'non person' for having been born a Brahmin, says Colonel Anil A Athale (retd).
Education sector has reasosn to cheer Budget.
Even if Mudra steps in to play its main role of refinancing at some stage, the responsibility for the bad loans remains with the banks.
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A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Half of the sharp rise in stocks in 2014 was driven by re-ratings - rise in price-to-earning ratios on hopes the new government would turn around the economy which will reflect in corporate earnings.
There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
E-vyapar.com to help small businesses manage inventory & accounts online.
The Sensex ended up 244 points at 28,504 on strong global cues.
Once again, tax demands on foreign investors cause worry.
Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
Anurag Singal, founder of cajobportal, a job site that caters exclusively to CAs and commerce graduates tells us how he aims to skill and enable satisfactory employment to aspiring professionals.
Compared to their Indian peers, MNCs have higher return ratios.
Brand Factory clocked in Rs 1,045 crores worth of sales in FY17, accounting for 27 per cent of the total revenues earned by Future Lifestyle Fashions Retail. But what about the future?
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
If the view is that rupee will depreciate, hedge your exposure by using forward cover
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Aaron Schock, who resigned as US Congressman on Tuesday night following media disclosures of his loose spending habits, met Narendra Modi thrice. These encounters were not free of controversy either.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
Javadekar, along with Piyush Goyal and Dharmendra Pradhan, is among the few ministers who have party as well as ministerial responsibilities.
Upcoming payment banks will lift lower income groups in distant villages.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
'Deep pockets have become a prerequisite for contesting elections on a major party symbol in most states.' 'Given the premium parties place on self-financing candidates, once you have accounted for the suspected criminals, dynasts, industrialists, and celebrities, there is not much room for anyone else.'
The overall debt servicing metrics of Indian corporates are weak.
Conversion into jewellery during redemption would entail 15-20% wastage and making charges, rendering the scheme inefficient
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
