The RBI will have to focus on constructive change to ensure growth.
The economy hasn't gathered even half the traction that some of us assumed it would just a year back.
The incidence of corruption cases can be checked to a large extent if the suggestions already available with RBI and the government are taken seriously, says Shyamal Majumdar.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Private banks are assumed to be more efficient at intermediating between depositors and investors.
Emerging markets and Asia may be first in the firing line
'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
'Women were not allowed in the Territorial Army before January 5, 2018. Presently girls are not allowed in Sainik Schools and Rashtriya Military schools. Women are not allowed in the army education corps, in the engineering services (as permanent commission), they can't be religious preachers in the army. There's a need to change with the times.'
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
Filing with inadequate disclosure of assets will be liable for prosecution
This Budget plans for an increase to 10.3% of GDP from 9.9%.
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
Emerging markets could be affected by a combination of lower liquidity and higher dollar interest rates caused by a hike in the US Fed funds rate.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
The govt would also be coming out with more measures to deal with inflation.
Economist Dale W Jorgenson declares that India is doing "very, very well" and forecasts that India might continue to outrun world economies, including China over the next many years.
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
'We should hope and pray that the PM's sentiment is not held ransom by machinations and craftiness of a few junior babus who throw in an imaginary impediment at every welfare measure and snigger and giggle at the sidelines every time a soldier is ill at ease,' says Major Navdeep Singh on the one rank one pension debate.
Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts
Current forms of economic growth are widening disparities, leaving hundreds of millions of people to live in poverty, says Rajni Bakshi.
'I have never seen anybody disliked more as prime minister than Modi.' 'What is interesting is in his prime ministership, no matter whatever happens in any corner of India, Modi is blamed for it.' 'Modi has not suspended any Constitutional liberties. No Opposition leader has been put in jail... Modi is not Hitler.'
India Inc is encouraged by a determined Budget.
Ramon Magsaysay winner Anshu Gupta, whose non-governmental organisation Goonj has been leading the relief efforts in Nepal which was ravaged by a devastating quake in April this year, speaks to Ankita Mishra.
Andhra Pradesh now comes third in ease of doing business.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
The Indian Army and more recently the Indian Navy have already set up dedicated intelligence branches. It is surprising indeed that the IAF, where real time and timely intelligence is most vital for effective and safe prosecution of the air war, has still not done so itself, says Group Capt (retd) P I Muralidharan.
So let's stop focusing the Modi agenda on India Inc and the capital markets, and let's start focusing on the Modi development agenda for the average Indian.
2014 was a year for downturn for most economies across the globe.
The Modi government's array of economic policy has been impressive.
'The Maharashtra government diktat is another meddling example in an industry where politics or language has no role to play.' 'Cinema has a universal language. Filmmakers are divided across regions, but united in their passion for films,' says director Suparn Verma.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
A summary of sports events and sports persons, who made news on Tuesday
The corporate sector does not care from where the money is coming.
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