Reduce the government stake in public sector banks to 33 per cent, recommends A K Bhattacharya
Not all change is good, but this one is, applauds Shekhar Gupta.
'Sholay wallah kahani hai: 'Gabbar Singh aayega, Gabbar Singh aayega.' 'But what is inside Gabbar Singh nobody knows.'
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
Seeking to allay citizenship concerns of a large number of people, government sources said on Thursday that one can prove Indian nationality by submitting any document related to his date of birth and its place, and there will be "absolutely no compulsion" to submit any document by his parents during any such exercise. An explainer shared by official sources said no document will be required for anybody's pre-1971 genealogy as such a condition was specific to the NRC exercise in Assam and asserted that it will be sufficient to provide one's details of birth like date and place in any future nationwide NRC.
The government must send out a clear signal that leadership positions at regulatory bodies are not a preserve of retired government officials, argues A K Bhattacharya.
Rajya Sabha will sit for late hours in last week of the first half of the budget session from Monday to clear the pending legislative and other businesses.
Nippon Life's plan to buy a stake in Reliance Life may be delayed as the deal requires special permission from the government.
The legendary investor never fails to amaze. Here's Buffett as you have never seen before.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
The cornerstone of any efficient financial market is certainty and coherence in its regulatory framework.
But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.
The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
The PM said that a lie is being spread that this govt had brought the law to snatch people's rights. He dared rivals to find anything discriminatory in his work.
'Is baar vote jati par nahi, kaam par milega.'
The programme has been criticised by not only the opposition Republican Party, but also the strong healthcare lobby.
Bank, bankruptcy reforms, Nabard Bill amendment on agenda.
All efforts of Trump's party to repeal the healthcare of his predecessor has failed so far, mainly due to the opposition of some of his own Senators.
The National Digital Health Mission seeks to provide a unique health ID to each citizen who wishes to have one and also on-board the healthcare service provides - hospitals, pharmacies and diagnostic labs, among others. It will have an online database of doctors and personal health records.
The Indian market regulator had revamped the FPI regulations in 2014 giving custodians the mandate to collect and verify the KYC documentation of offshore investors
'There was already a cash crunch and this (lockdown) has created more trouble.'
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
Some of the violations that will lead to community service include failure to pay social security contribution of workers, maintain records, furnish information to inspectors, pay gratuity to workers, provide crche facility and medical pay, and retrenching women workers during maternity leave.
A day after the Patna high court slammed the Bihar government for its poor handling of the second wave of the pandemic and sought to know whether it was enforcing lockdown or not, the administration on Tuesday announced imposition of lockdown from May 5 to May 15.
Indian tax laws offer start-ups ways to save taxes.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Ten central trade unions except Bharatiya Mazdoor Sangh are observing one-day general strike on Thursday to protest against various government policies.
'The two-word answer is: Proper oversight,' says T N Ninan.
Himanshu and Twinkle Kalia spend their days ferrying the ill to hospital, fetching medicines, arranging funerals and sometimes stepping in to perform last rites too.
'We are rolling out a vaccine when we don't even have the phase 2 trial results; forget about phase 3 trial results.' 'Why are we playing with people's lives?'
Pakistan would want to take full advantage of the situation to direct Taliban trained terrorists into the Kashmir Valley, alert Lieutenant General Ashok Joshi (retd) and Colonel Anil A Athale (retd).
This was the one Budget that required radical departures on all these fronts, when it had none, asserts, Shreekant Sambrani.
'The smartest businessmen are shopkeepers as their return on investment is better than anyone else.'
'It is time to think up a policy of incentivising farmers in the states around Delhi.' 'Let's say a farmer is given an incentive for not burning his crop stubble and instead handing over the task of incinerating the crop stubble to a State-run-or-funded community initiative.' 'The incentive can take the form of, say, fertilisers, or even direct cash transfers,' recommends Somasekhar Sundaresan.
'More than 114 cases have been registered for spreading fake messages, rumours and fake news on WhatsApp.' 'People on various groups are reporting such crimes.' 'The most heartening development is people are now not tolerating such things.'
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
