The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
Wellness expert Roopashree Sharma answers your health queries.
Reddy has worked to reform the economy.
The 2-door vehicle may finds its way back in India with the launch of the all-new Thar by Mahindra and Mahindra, says Rajesh Karkera.
A V Rajwade wonders if the Modi sarkar is pursuing price stability at the cost of potential social instability in both rural and urban India.
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
The final and most significant reset in the relations between the government and the RBI is the manner in which the process of appointing the governor and deputy governors of the central bank has been changed.
The actor uploaded a video of her doing pranayama on Instagram on Yoga Day.
'I knew that since I would be designing for Sanjay Leela Bhansali's film, the aesthetics would have to be correct.' 'He doesn't show poverty in his films.' 'He won't show someone standing on the streets in phate hue kapde.'
Devaki Vijayaraman shares her inspiring journey from a homegrown baker to being the first winner of Masterchef India Tamil.
The RBI Governor brought down retail inflation to 3.8% in July.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
Ministries such as road transport and heavy industries are learnt to have objected to NITI Aayog's attempts to become an implementing body for the EV programme.
.jpg)
Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
'I'm following my heart and would like to go where the road leads me. I want to do things that will excite myself and people too,' says Tanushka D'Silva.
Chidambaram has been magnanimous in endorsing my book, says the former RBI Governor D Subbarao.
Governor Raghuram Rajan has asked his colleagues to ensure that the central bank is not seen as mere "paper tiger" and even rich and powerful wrong-doers are not spared.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
The Bajaj Super could not be called a pretty scooter, but it was sturdy and reliable, says Veenu Sandhu.
'The NDA has provided me a healing touch to survive'
What's the real reason behind ATMs running dry even in states that are not election-bound, wonders Nivedita Mookerji.
The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.
Take the poll given below!
A round of bold and quirky street styles from Lakme Fashion Week Summer/Resort 2016.
We need a change in mindset, says the RBI Governor.
With banks struggling to cope with rush to get alternative currency, the government has extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till November 24.
Did you know Justin Bieber will take a chopper to the DY Patil Stadium, where his concert will be held on May 10?
In March 2012, UP made Akhilesh Yadav the state's youngest CM. In March 2017, he finds himself in the opposition. At this turning point, we look back at the Samajwadi Party leader's political trajectory.
'We are not marketing (the) Modi name but the work and trust that it projects.'
Sushma Swaraj startled Modi when she said she would like to be defence minister. That set the PM thinking, says Rajeev Sharma.
Uber is battling serious backlash from the establishment in several countries.
Will voters in Ernakulam take to the Communist MP who asked 447 more questions and took part in 162 more debates than your average MP? Will Arun Jaitley's wish come true? Krishna Prasad, the renowned journalist and Outlook magazine's former editor-in-chief, reports from Kochi.
Nothing is going to dramatically open up on May 3. There will be too many ifs and buts and terms and conditions and guidelines in leading one's life in various zones, reveals Sheela Bhatt.
'Will the Statue of Unity and Tent City Narmada have as much of a transformational effect on the local economy as the salt desert/Tent City Dhordo did is something that only time can tell,' says Sanjeev Nayyar.
Honda has finally plunged into the fast growing urban crossover segment in India with the newly minted BR-V seven-seater SUV.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances