'And who sold this belief?' 'Public-spirited individuals' like Subramanian Swamy.' 'Independent public servants' like Vinod Rai. 'Anti-corruption activists' like Kiran Bedi. And 'outspoken television anchors' like Arnab Goswami,' says Mihir S Sharma.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
The Kolkata-based firm already has a presence in 22 states with over 2,000 branches and 5.9 million borrowers.
Is the demoralised party trying to open its account as an Opposition party?
Corporates understand that the PMO drives all key decisions in this government.
This is the BJP's first full-year Budget.
Though Indians were no strangers to scams, spectrum loss was beyond their wildest imagination.
DoCoMo said it is uncertain whether Tata Sons will pay the awarded damages.
Watal panel had suggested an independent payments regulator be set up.
Focus to be on unbanked areas; initial capital is set at Rs 100 crore; India Post can apply.
The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.
Portfolios of more than half-a-dozen ministers are expected to be changed.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
All you need to know about the case and the man behind the drama that has ensued.
As many as 75 million households that do not have access to banking services will be covered and at least one bank account opened for each household, against the earlier proposal of two.
The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
The company moved the income-tax appellate tribunal and its appeal is pending there.
To check fiscal deficit, government needs to drastically cut Plan expenditure.
India Post may be keen to apply for payment bank licence.
Political compulsions have led to a change of narrative. But, in the ministry of finance, senior management ought to be looking at more serious issues than 'digitally cashless' India, says Rahul Khullar.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
Govt wants to up investment in Railways
A Priority Foreign Country is a status reserved for those nations that are the most egregious violators of intellectual property rights and have the most negative impact on US competitiveness abroad.
Modi has the ideas for a new, hopeful India, and an idiom in which to sell optimism to voters. But he doesn't yet have the team for it, and soon enough, questions will begin to be asked by an impatient, non-ideological, I-don't-owe-anybody-anything generation of Indian voters, says Shekar Gupta.
The government has hiked foreign investment caps.
Mr Modi, it came across, did not want to be seen as favouring any one business group.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
LS MPs are paid Rs 2.8 lakh per month plus travel and other perks which works out to nearly Rs 177 crore for 545 MPs during the last financial year. Add another Rs 78 crore for the Rajya Sabha MPs, according to data.
If this Budget was not packaged and sold as a Budget for the poor and for farmers, Narendra Modi would have lost the next election.
Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore
A tussle between the Delhi government and the Lt Governor has left bureaucrats vulnerable to sudden transfers.
APAs are part of govt's aim to move to a non-adversarial tax regime.
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The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
Regulators in the US and some other countries have often used tapped phone conversations to prove insider trading and other charges, including in the famous Rajat Gupta case.
'Life will not improve overnight; it will happen in a gradual manner.'
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.
Despite Uber facing a ban across many states, including Karnataka and Maharashtra, for Lingaraju, a driver employed by the company in Bengaluru, it is business as usual.
Here's everything you need to know about the Goods and Services Tax Bill.
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