These have always been pro-cyclical bets but new banks could erode RoEs.
Given the broken balance sheet and the limited fiscal room, the government has to kick off investment: Vikas Khemani & Stephen Gallagher.
On Wednesday, Minister of State (External Affairs) M J Akbar resigned from his post after facing a flurry of allegations of sexual harassment by women journalists. As the women journalists 'feel vindicated' following his resignation, here's a list of the women who came forward and shared their ordeal.
SpiceJet has cut costs to turnaround the carrier in a year's time.
Naik is passionate about protecting India's manufacturing sector from the onslaught of Chinese imports.
In the near term, the key driver will still be the government's fiscal spending.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
