C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
'While the farmers are reeling under a huge debt burden, crop loss due to locust attacks and erratic rainfall, the state is also facing a COVID-19 challenge.' 'In this situation, you have Congress and BJP MLAs trying to outwit each other in a game of thrones'
The ruling DMK in Tamil Nadu had begun seeing Governor Ravi's decisions and actions as a part of the state BJP's non-stop criticism of its government and directed from Delhi, a view strengthened by the governor's decision to return the NEET exemption bill, points out N Sathiya Moorthy.
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
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.
'If you delay the diagnosis even by 24 hours, in that 24 hours individuals would have affected more people.' 'So, contact tracing, testing, isolation, quarantine needs to continue.'
Some believe the shift to mobile-based transactions will be seamless considering that the urban tele-density is 148%. In rural areas, it is touching 51%. But smartphone penetration in India is a mere 12%. Growth of mobile money has been extremely slow: It is currently 1%.
Sale of expensive sarees rose by 1,751 per cent while consumption of honey by 380 per cent.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
Fresh guidelines were issued by the government on Wednesday for enforcing the second phase of the coronavirus lockdown, with the Union home ministry barring all kinds of public transport and prohibiting opening of public places during this period.
Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
India must weave a quick-fix formula to ensure growth.
'It might get worse. We don't really know what is it that is resulting in the high value of R now.'
The IMD has said temperatures in most parts of the country from March to May would be 'above normal'.
If we are able to provide safe, hygienic toilets, and affordable sanitary napkins, we could stop girls from dropping out of schools and help women feel more confident.
Under KV Kamath's leadership, ICICI Bank's revenues grew multi-fold.
Mr Modi must now work to win over the governor as a friend and learn to influence people credibly.
Trump is the first nominee of a major party in over a century to have no experience whatsoever of any political, administrative or military office.
Times without count we have bought more complex procedures in the name of simplification, says Shreekant Sambrani.
During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.
No prime minister of India ever had greater experience of running a state than Narendra Modi.
We suffered worse political degradation during the Emergency. But we emerged resurgent and vigorous because the spirit was not broken. This time around, we face an imminent threat to it, says Shreekant Sambrani
DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray
After resorting to quirky measures like debarring party spokespersons from news channel debates, the opposition parties are now overhauling their organisational set-ups and purging respective executives, committees and wings to weed out non-performers and deadwood. Virendra Singh Rawat reports.
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
The National Bank for Agriculture and Rural Development, a premier institution for agriculture financing, would be giving 100 per cent tax exemption on capital gains if they were invested in capital gains bond issued by it.\n\n\n\n
Prime Minister Narendra Modi announced its imminent replacement in his Independence Day address, but the new name, structure and key personnel became known only a week ago.
A 'soft' approach must be nurtured to complement the hard-line of spending billions in physical conflict; that is the only way to 'degrade and destroy' ISIS.
Officials said the government had no option but to cut spending.
MF investors may not be able to support markets fall if selling intensifies
RBI governor Raghuram Rajan is clear about cleaning up the mess in the banking system.
Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central bank reduced the reverse repo rate -- the rate at which banks park their fund with the central bank -- by 25 basis points to 3.75 per cent.
Gujarat was among the earliest civilisations in the sub-continent, dating back four millennia.
'If some measures are implemented quickly, they can help revive growth.'
These banks are finding it hard to pick up seasoned bankers at the pay they are offering
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