The meeting will be attended by all heads and EDs of public sector banks
'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'
'While they claim to cherish Bapu's ideals, they cherish Godse as fervently.'
'Our honourable CM is so shameless that she will say the state is among the safest for women.'
'The clearest interpretation of the November 8 mandate is that the backwards, Dalits and minorities, and a huge proportion of women cutting across caste and class, displayed massive consolidation to the extent that despite chipping of votes by the Left Front, by the Third Front and by the BSP, Mahagathbandhan candidates won, and in many cases by huge margins,' says Mohammad Sajjad.
Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
The prime minister is aware that whatever be its consequences, a new taxation regime cannot be launched closer to the general elections in 2019. Thus, any date after April 2017 for the launch of GST is risky, says A K Bhattacharya.
For the CBI, crimes are likely to become more innovative, complex, driven increasingly by technology and transcending geographical boundaries, says Anil Kumar Sinha.
President Pranab Mukherjee addressed a joint session of Parliament ahead of the budget session which began on Tuesday. Here are the highlights of President Pranab Mukherjee's speech:
The Economic Survey called for improving business environment.
The Budget will indicate where the Modi government stands on reforms, growth and development.
The government is determined to stop generation of black money, he said.
The number of cyber crimes in India could touch 3,00,000 in 2015
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
In significant push towards a less-cash economy, Prime Minister Narendra Modi on Friday announced starting a biometric payment system using Aadhar platform within two weeks even as he exhorted citizens to adopt digital currency from the new year.
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
'This is a watershed election in Indian politics.' 'For the first time, we are moving away from identity politics to aspirational politics.'
Nilekani said new-age technology markets work on a winner-takes-all basis.
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%.
After the Bihar setback, these are the issues the PM must address to maintain the people's faith in him.
To write a criticism of the finance minister's performance without having included the PM's role is deliberate. It is not difficult to see why Jaitley interpreted it as being Sinha's way of sucking up to Modi.
Prime Minister Narendra Modi on Friday addressed the nation on the 68th Independence Day from the ramparts of the historic Red Fort for the first time.
India's rising GDP may have propelled the middle class to become richer, buy new cars, travel around the world and build assets, but it further pushed the economically disadvantaged and poor into poverty and drudgery, says Devanik Saha.
How much money the Modi government has already spent and is going to spend on all those foreign trips, muses Sunita Iyer
Bankers said the mammoth task of cleaning up the PSBs and improving their health will be a mammoth task for any chief executive.
P Chidambaram rejected Prime Minister Narendra Modi's veiled charge that Sonia Gandhi was an "unconstitutional authority."
Key questions remain about the operational and financial viability of a completely paperless bank such as India Post, says Mayank Jain.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'The government and the RBI have been playing a very good part in terms of inflation management.'
'Right now, politics is operating in a state of suspended animation. That works to Modi's advantage.'
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Chief ministers of states like Andhra Pradesh, Kerala and Karnataka were among those who raised the issue of loan waver scheme for farmers.
'Once you resume economic activities, life will be normal.' 'The younger people will tolerate the virus very well. So, life will become normal very soon.'
Prime Minister Narendra Modi's maiden speech from Red Fort last Independence Day outlined some grand programmes. Shehzad Poonawalla does a quick check on the progress made.
One can expect significant changes at India's banks in ensuing months.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
also made a case for the need to create a self-sufficiency fund for innovation, construction and manufacturing clusters to make use of the emerging opportunities in the wake of disruption in global supply chain.
P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.