Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
The successful implementation of the new Act will depend on a much bigger involvement of the state through a huge new superstructure of registration, certification and supervision
The suspected security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank
In its 59-page order, the capital markets regulator Sebi said that the 10-year restraint period for them would be calculated after taking into account the restraint already undergone by him vide an interim order dated June 17, 2010.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
Things are expected to change dramatically in a few years for urban consumers.
NDA government has shunned populism.
Overseas education consultant NNS Chandra shares advice on how to pick the right international education.
'This generation wants to try different things, are ready to take risks and experiment with their careers.'
Nandan Nilekani and his wife Rohini are trying to improve education across India.
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Rohan Murty was speaking at the 50th anniversary symposium of the computer science department at Cornell University.
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The latest macro-economic numbers confirm the economy trundles along in a low growth trajectory, while inflation climbs.
The government has provided a long-term vision.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
There is a link between objectives and commitments.
After a 25-year stint at ICICI Bank, Mor suddenly quit as he wanted to add more value in the bigger areas of health care and financial inclusion.
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Because of corrections in property prices and oversupply in the office segment, the rich are investing in hospitals, warehouses, ATMs and other alternatives to traditional investment options.
Modi government has to come up with a robust economic agenda to impress the masses.
Parth Gupta quit a good corporate job to work for the welfare of farmers in rural Madhya Pradesh.
Railways must pull back its share of freight traffic.
Modi government needs to focus more.
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
'The middle class stood by the BJP, especially after demonetisation, and they expected something in return.' 'Some section of the BJP believes the middle class is condemned to vote for the BJP as they have no other choice.' 'They think they can treat them any way, still the middle class will run to vote for it.' 'That's what the Budget seems to convey.'
Kidney scouts roam around the labour markets in the poorest districts of Bihar, West Bengal, Uttar Pradesh, Tamil Nadu and Delhi in search of potential donors.
While Raju and Brijesh Saroj have found help from the Uttar Pradesh government as well as the Ministry of Human Resource Development, Zahid Qureshi is struggling to make ends meet.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
'What should worry India and which needs to be expressed is Russia's simultaneous proximity to both China and Pakistan from a strategic angle. That hasn't happened ever before,' says Lieutenant General Syed Ata Hasnain (retd).
Indian economy about to take-off
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Darjeeling is on the boil over the demand for a separate Gorkhaland state. June and July are bad months to have a strike. Tea picking during its most valuable season has been affected. Those consequences will be felt all over the world and ultimately damage Darjeeling tea.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
India Inc has few leaders who are likely to grab headlines in 2015.
'The BJP has latched on to the idea of nationalism, but the nationalism they advocate is not nationalism as we have understood it since the time of the freedom movement.' 'This is not secular nationalism, it is Hindu nationalism.' 'It is a form of nationalism that is exclusionary and it tends to conflate national interest with the government.' 'So, if you disagree with the government, for example, on surgical strikes or demonetisation, you are anti-national or holder of black money.'
While the government has claimed significant increase in funds for farm credit, PMKSY and PKVY, facts show a different story.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
"A Meryl Streep or Jimmy Kimmel can speak their mind, and stay assured that they won't be harmed. That does not happen in India," say Manavi Kapur & Ranjita Ganesan.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
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