The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
According to sources, employees from marketing, ad-tech, category, digital marketing, engineering team, catalogues, have all been asked to leave.
Corruption, subsidies and infrastructure problems are still pockmarks on India's face.
The N Kiran Kumar Reddy-led government in Andhra Pradesh on Saturday indirectly proved its majority in the House when Congress nominee Nandendla Manohar was elected the Speaker. In a division of votes, sought by the main opposition Telugu Desam Party, Manohar got 158 votes in a House of 294 while TDP nominee K E Krishnamurthy got only 90 votes.
Although Walmart-Flipkart wholesale game-plan is to target about a $150 billion market out of a total pie of $700 billion in the country, the consolidation marks the end of the multi-brand dream of the American retail giant.
In an interview with rediff.com's Shobha Warrier, consumer rights activist S Pushpavanam talks about the spate of rail accidents in the last few days and what the civil society can do about this.
In an interview with rediff.com's Shobha Warrier, consumer rights activist S Pushpavanam talks about the spate of rail accidents in the last few days and what the civil society can do about this.
Sellers on platform listed products out-of-stock on Monday against increased commission, fees on returns.
India were already in semi-finals after winning their first three matches but didn't let the intensity down against the formidable 'Southern Stars' in an inconsequential last group league encounter.
Indian women's cricket team produced yet another clinical display to beat South Africa by 178 runs in the second ODI and clinch the three-match series in Kimberley on Wednesday.
The company said attrition of high performers had declined to 11.2 per cent during the quarter
Want to know about some weird stuff happening in your backyard? Read on...
Teenager Jemimah Rodrigues struck an unbeaten 77 to help Supernovas beat Velocity by 12 runs and enter the final of the Women's T20 Challenge.
The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity.
The rupee will largely remain stable but with a mild depreciating bias in the next one year
Prime Minister Manmohan Singh -- who is facing a plethora of problems including price rise, corrupt ministers and feuding allies -- could use some help in steering through the rocky terrains of governance. We had asked you, dear readers, to send in your suggestions about how Dr Singh can save UPA-II. Rediff.com received an overwhelming number of responses from readers. We present some of the best ideas, suggestions and tips to the PM right here...
Mithali Raj will lead the 14-member Indian squad in the next month's ICC Women's World Cup Qualifiers which brings together 10 sides in their quest to claim the remaining four places in the main event to be held in June next year. The tournament will run from February 7 to 21 at four Colombo venues and the sides finishing in the top four of the Super Six stage will join defending champion Australia, host England, former winner New Zealand and reigning ICC World Twenty20 champion West Indies in the ICC Women's World Cup 2017 from June 26 to July 23.
All that's transpired on and off the cricket pitch on Wednesday.
Unlucky to have lost the previous tie against Pakistan by just two runs via D/L method, the Indian women's cricket team will be fighting a survival battle when it takes on a strong England side at the ICC World Twenty20 in Dharamsala on Tuesday. A defeat would virtually throw the home team out of the competition and the Mithali Raj-led side would hope to put their best foot forward against the English eves. Unlike the previous edition, where India women were ousted in the group stages, they are a strong contender this time around, courtesy their recent good showing in the T20 format, including a historic 2-1 away series win over mighty Australia in January followed by the 3-0 whitewash of Sri Lanka in the run up to the ongoing World T20. In their last match also, India could have won the tie had rains not played spoilsport.
Two Indian Americans have been nominated for awards at the 53rd Annual Grammy Awards ceremony.
'It is almost certainly wrong in assuming that the Modi government will use its strong mandate to undertake some serious reform measures.' 'For it is fairly clear that the government's priorities lie elsewhere, in the powerful home minister's domain,' notes T N Ninan.
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
A look at the celebs on the red carpet.
Sanghrajka has spent 13 years in Infosys over two stints and has performed various leadership roles in the finance section.
It is time the government cast its net wide for seeking expert advice on managing the Indian economy and formed a group to help it navigate the difficult days ahead, advises A K Bhattacharya.
The 21-year-old Molineux, who plays for Melbourne Renegades in the Women's Big Bash League, has requested for a break and will not be travelling with the Renegades squad to Ballarat for their match against Melbourne Stars on Saturday.
Meg Lanning's Australia, long the benchmark in women's cricket, will bid for a record-extending fifth T20 World Cup title after a rocky ride to their sixth final. Harmanpreet Kaur-captained India arrive at the MCG undefeated and without having bowled a ball in the rained-out semi-final against England.
A desperate Indian women's team would aim to snap its five-match losing streak in the second T20 International against England, in Guwahati, on Thursday.
Leading brokerages and mutual fund houses are busy churning their portfolios, with the markets coming back to life. But they are also seeing churning at the top.
Images from the women's T20 World Cup match between India and New Zealand in Melbourne, on Thursday.
The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.
Two former CECs -- B B Tandon and T S Krishnamurthy -- were mandated to investigate the BSNL decision in the face of protest registered by Nokia-Siemens Network. The panel appointed by BSNL was duly approved by the chief vigilance commissioner. The complaint was referred to the panel after NSN, which was disqualified on technical grounds, alleged that the state-run telecom majors recent 93-million GSM lines tender was conducted in a non-transparent manner.
Nilanjan Roy spent 13 years with Bharti Airtel, prior to which he worked for 15 years with Unilever across their global operations.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
'All I can say is that there is a disparity between the removal procedures of the chief election commissioner and other election commissioners as may be seen from the provisions of the Constitution. Everybody is free to interpret it on the basis of what is already there in the Constitution. But how it is to be interpreted is a matter which can be decided only by a court, perhaps,' ex-CEC T S Krishnamurthy said.
With the new focus, the firm is doubling its advertising and marketing spending to Rs 100 crore this year on new campaigns for its products.
Extensive arrangements have been made due to the COVID-19 pandemic including personal protective equipment kits for election staff, more polling booths, thermal screening, sanitisers, masks and gloves for voters and markings to ensure social distancing, officials said.
The sets have been constructed to picturise an item song on Shradhdha Sharma for the Kannada film Jeeva. The film starring Prajwal is being directed by choreographer-turned-director Prahu Sreenivas.
'When the story of Elections 2019 is told by an independent writer, the BJP's role in lowering electoral standards will be etched in indelible ink,' says Saisuresh Sivaswamy.
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