We bring you an excerpt from Arzee the Dwarf by Mumbai-based blogger and book critic Chandrahas Choudhury.
The finance ministry is racing to prevent a situation in which a second vote-on-account would be required. This is why it has announced it will present its Budget on July 6, and aim to get it passed in Parliament by July 31.
RBI's current Deputy Governor Urjit Patel got 3-year extension in January.
Amit Varma, who publishes the popular India Uncut blog, speaks to rediff.com about his debut novel, My Friend Sancho.
The friction with the political class is not only about interest rates and monetary policy. While the government often spoke freely about its discomfiture, the RBI had to be careful even in its response to the government as any loose statement would affect the markets.
Investment expert Mark Faber says he's bearish on the world economy.
Finance Minister P Chidambaram held informal consultations on Wednesday on possible candidates for the Reserve Bank deputy governor's post.
He said that if there are issues that need to be talked about, it is between India and Pakistan.
Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said the inability to get quality talent may be hurting policy making.
Following demonetisation, the Reserve Bank had also introduced new Rs 500 and Rs 2,000 notes.
Spotted newly-minted Man Booker Prize winner Aravind Adiga outside the rediff.com office in Mahim, central Mumbai
Chitra R shares this special Christmas recipe from her hometown Kanyakumari.
FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent
Two decades ago when someone said, "I am on a diet," you assumed they would be eating less of everything. Today, those few words lead to a whole new discourse, says Ambi Parameswaran.
An award-winning Indian chef, whose Kerala-style fish curry has wowed many food buffs in London, has won the overall winner title in the prestigious South Wales Echo Food and Drink Awards. Kerala-origin Anand George, whose Cardiff-based Mint and Mustard restaurant won the House of Commons Tiffin Cup for 2008, scooped the overall prize for the Best Indian Restaurant in South Wales.
In the second of a four-part series, Business Standard checks out the currency press in Dewas to find target-based allowances have increased the monthly salary of employees from Rs 10,000 to Rs 30,000, at a time when notes are being printed 24x7.
Factbox on major ball-tampering incidents in cricket
Be careful about the mails you get, no matter how genuine they appear. A lot of people, including highly educated professionals have fallen prey to these scams and lost tons of money.
When asked if he sees himself back in Chicago, he said, "Yeah, Chicago has been kind to me over my history".
Chef Anand George's Mint and Mustard restaurant polled the maximum votes among lawmakers for the annual award for south Asian cuisine instituted in 2005.
Bailout dollars have different effects on the fortunes of the richest people in the world.
Reserve Bank of India Governor D Subbarao describes his first 50 days on Mint Road as 'tough'. He spoke to Business Standard after his first monetary policy statement.
Have you ever considered a home auction that is periodically conducted by several banks? You actually can get a house which is lesser by nearly 20 per cent of the current market value. Let us help you get started on some research for you to build the plan for your steal.
While Dostana's music is nice and peppy for most part, it's nothing extraordinary. It's certainly not the best from Dharma Productions.
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.
L&T is trying to aggressively diversify again into a field where it does not have much experience.
Even if our weight yo-yos, our overall health will keep getting better.
Multinational snack maker FritoLay has Indianised its potato chips brand Lay's in the wake of competition by new entrants like ITC's Bingo. As part of its rebranding exercise, FritoLay has introduced Lay's Chaat street, India's Mint Mischief and Wafer Style based on consumer insights.
She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan
Ann Lata Kalayil, one of the founders of the Chicago-based Indo- American Democratic Organisation, and a close friend and supporter of United States Presidential candidate Senator Barack Obama for several years, has been appointed co-chair of the newly minted Asian American and Pacific Islander National Leadership Council of the Obama for America campaign.
Here are some tongue tickling raw mango recipes for you to indulge in. You can share yours too!
Take a look at the star arrivals at Ramesh Taurani's pre-Diwali bash.
Onion prices have increased 150% over the last few months
This has been facilitated by the launch of StarReferral by Global Talent Metrics, a talent research company with offices in Bangalore and Chennai, in association with i-mint, the consumer rewards programme pioneered by Loyalty Solutions and Research Ltd. StarReferral, an online employee referral programme, is a Web 2.0-based service that combines the power of social networks and the reward point system to help employers source better candidates to fill the vacancies.
Noah Lyles always wanted to be the next great sprinter after Usain Bolt retired and the 20-year-old American took a big step toward that goal with the year's fastest 100 metres at the US Championships in Iowa on Friday.
Piyush Goyal, who held the post of finance minister when Arun Jaitley was undergoing treatment, told the Confederation of Indian Industry's annual session: "All stakeholders, including the RBI, should introspect on their respective roles (on low economic growth)."
In a move aimed at checking the revenue loss stemming from Indian shoppers purchasing luxury brands abroad, the government on Friday said it could rationalise import duties."India has high tariffs and we recognise that if you go abroad and buy, then it is a revenue loss for India. So we are working on both duties and countervailing duties," Union Commerce Minister Kamal Nath said.
The good, bad and ugly looks from the celebrity circus.
The three years at the Reserve Bank have mostly been a string of success stories for Rajan, gaining him common man's adulation even as the free-thinker in him made a few foes who matter more in the corridors of power
