As liquid tightening measures were likely to be temporary, any change in lending rates would depend on the length of these measures, according to bankers.
We invited you, our dear readers to share your 2 States stories. Samhita Chaudhuri shares her and her husband Sagar Malsane's tale.
The installation work is expected to begin in October.
Debasis Chaudhuri, 41-year-old professor of computer science at the University of Nebraska, Lincoln, sat in the courtroom before his name was called with his elbows on his knees and his head resting on cupped hands.
The National Highway number eight is a biker's dream come true says Ananjan Chaudhuri who rode with his friends from Mumbai to Dudhani in Silvassa. Here's his travelogue!
While the TMC was able to maintain its hold on the southern and coastal parts of the state, the BJP is doing well in the northern and western parts of the state, all predominantly tribal areas.
Finance ministry orders probe.
Indian funds did better than Asian ones in only four of the 10 months -- till October. Despite much market optimism, presumably around policy interventions and guided by buoyant flows, India's macro backdrop may be turning for the worse.
Supreme Court is saying that consumers should not be forced to pay higher prices just because it is chemically a new drug unless there is a therapeutic benefit involved.
Top bankers have hailed the contributions of the outgoing Reserve Bank Governor Duvuuri Subbarao saying he did his best during a tenure that was marked by difficult times for the economy.
As India faces increasing dissonance and even hostility from its neighbours, there is increasing recognition that only government efforts are far from adequate. Assertive people-to-people contacts are essential to supplement and even supplant government efforts to normalise some inter-state relations, says Nilova Roy Chaudhury.
The nation has the fifth largest defence budget in the world, at $52.5 billion in 2017 ($51.1 billion in 2016), overtaking the UK whose defence budget fell from $52.5 billion in 2016 to $50.7 billion in 2017.
Delays in crucial PSU appointments a reflection of poor governance and political vested interests
Any erosion in the TMC, may benefit the BJP, reports Ishita Ayan Dutt.
The Calcutta high court on Wednesday did not allow a Central Bureau of investigation probe into the multi-crore Saradha scam at the present stage and directed that the Special Investigation Team of the state police would continue with its inquiry which would be monitored by the court.
The removal of the terrorist state tag from official Pakistani entities and allowing Islamabad a free run in negotiations on Afghanistan's future has strained India-US relations, says Nilova Roy Chaudhury
The Amicus Curae in the PILs seeking a Central Bureau of Invstigation's probe into the chit fund scam on Tuesday told the Calcutta high court that there was no need for one at this stage and that the state investigation agency be allowed to continue its investigations.
Kingfisher lenders will soon decide on future course of action with regard to the grounded airline as they do not want the company to close down, State Bank of India (SBI) said.
Even as the Indian benchmarks, the BSE Sensex and Nifty 50, crumbled over three per cent today, experts are optimistic about the Indian economy and believe investors can still make 30 per cent plus returns in 2015
The consortium of 17 banks, led by SBI, has an outstanding of over Rs 7,000 crore (Rs 70 billion) from the carrier but has shares of listed entities like United Spirits as collaterals which should realise Rs 500 crore (Rs 5 billion).
SBI Chairman Pratip Chaudhuri feels a 0.50 per cent interest rate cut is needed.
Bankers said India's structural story from medium to long term was intact and they were optimistic about the future.
A city court restrained the All India Football Federation (AIFF) from preventing Mohun Bagan from participating in the I-League.
We're inviting you, dear readers, to share pictures of you and your mother.
The consortium of 17 banks, led by SBI, has an outstanding of over Rs 7,000 crore (Rs 70 billion) from the carrier.
A cut in the CRR will help banks release their funds stuck with the RBI on which they do not get any interest from the regulator.
Four days ahead of RBI's monetary policy review, SBI Chairman Pratip Chaudhuri says a cut of one percentage point in CRR will allow the bank to lower lending rates 20 basis points.
Voters are gearing up to exercise their franchise and elect new leaders within the next 12 months in all but one (Sri Lanka) of the SAARC nations. India needs to better understand the likely scenarios and challenges and chart a course on how best to deal with the changes, says Nilova Roy Chaudhury
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The rupee had earlier this month touched a life time low of 61.21 to a dollar.
Gold prices have dropped, but still they are above 70 per cent of the peak value.
A Kolkata-based scientist has come up with a concept of a 'solar summer shirt' which will come with with inbuilt solar cells and fans to keep the wearer cool during hot days.
Claims to have the lowest base rate in the market.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
On October 5, the Directorate General of Civil Aviation, or DGCA, finally wrote to the troubled Kingfisher Airlines, asking it to show cause why its licence should not be revoked.
The State Bank of India on Friday said Kingfisher lenders have decided to release funds to the debt-ridden airline on "humanitarian grounds" considering that its employees have not been paid for the past seven months.
But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.
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