It's five months after 8/11. But this is not the first time that India's currency of the time faced the axe. The Mughals, after invading a territory, would effect the demonetisation of the local currency with the aim to cripple the economy of the land.
Traders on Tuesday threatened to launch a nation-wide agitation to protest against imposition of service tax.
Retailers claim online firms' predatory pricing strategy disrupting business
On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities.
Precious ornaments are estimated to become 3% costlier under GST
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group
'In the last 4, 5 years, ever since online companies started online shopping in a big way with heavy discounts, our sales are affected badly.' 'As there is no control over the way the online companies operate, they were able to destroy the domestic retail market to a great extent.'
'People must watch the film to see what is it about.' 'This incident has impacted the families of hundreds of people, whose lives were lost in bomb blasts.'
The must read list of tools for a healthier home.
Sukanya Verma hails Bollywood's memorable bus moments.
Dena Bank is planning to raise Rs 250 crore (Rs 2.50 billion) in the next three months via a mixture of subordinate bonds and second public issue to fund its expansion programmes and increase the capital adequacy ratio.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
'The trading community will be a priority for Modi when he forms the next government.'
Only by slashing its current spending can the government hope to generate the rise in domestic savings of about 6% of GDP required to boost investment to the levels needed to achieve its growth goal of 8% a year.
The narrowing gap between petrol and diesel prices, an uncertainty around the future treatment of vehicles and low resale price of diesel cars are some of the apparent reasons for the strategy shift
Bank of Baroda is likely to merge its housing finance arm with itself in view of duplicating loan portfolio and increased cost of deposits and the need to maintain separate capital adequacy for BoB Housing Finance.
Bank of Baroda will complete 50 years of operations in African nations, Kenya and Uganda, in December, even as it plans to foray into China and Malaysia.
The total value of M&As involving Indian companies surged nearly 63 per cent to $7.8 billion in the first three months of 2016, primarily spurred by big-ticket divestment transactions.
Smaller Singapore- and US-based venture capital funds, retail associations and trader bodies such as the CAIT and SJM are all planning to approach the government to put pressure on the commerce ministry.
"Across the world Indian society is known as Hindu. All Bharatiya (Indians) are Hindus and we all are one entity," he said.
'It has been a phenomenal effort at all levels of the government.' 'People were working 15-16 hour shifts in the central government, in the state governments, in the districts....'
The Board of Control for Cricket in India has written to its affiliated units stating that their registered players should not participate in the unsanctioned Indian Junior Players League (IJPL), scheduled in Dubai from September 19-29.
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
'In Bastar, as in Delhi, being branded 'anti-national' in the eyes of the government now seems to have acquired new meaning,' says Aakar Patel.
The bid to purchase the chair on which Bharatiya Janata Party's prime ministerial nominee Narendra Modi sat during the Agra rally has gone up to Rs 4.21 lakh even as senior leaders said the practice was against party's culture.
Amruta Fadnavis, Raghu Ram and Abhishek Kapoor came together for an important cause.
The journey of getting used to a new way of life -- without domestic help, without the necessity of dressing up to step out and just staying cooped up indoors -- has been out of the ordinary, equal parts good, bad and ugly.
Many traders say that after demonetisation cash in the market has drastically reduced
Congress General Secretary Digvijay Singh's younger brother Laxman, who is the party nominee from Vidisha constituency in Madhya Pradesh for the upcoming Lok Sabha polls, said he was hopeful of a victory against Bharatiya Janata Party stalwart Sushma Swaraj.
'Walmart will source globally and more from China and will dump these cheap goods in India, making our country a dumping yard.'
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
Rediff readers tell us what their first salaries meant to them.
The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.
Now, you can own a two-wheeler for Rs 18.5 per day
