'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.' 'And this is precisely the cause for the mess,' says J N Gupta.
The hoopla surrounding Sachin Tendulkar's farewell, says Bikash Mohapatra, has completely camouflaged what could be a mismatch series, as the West Indies team neither has the pedigree nor players to get past M S Dhon's side.
The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.
The Congress vice president made a political speech to the mandarins of corporate India. He charmed them with his good intentions but left them unsure with his ability to get things done. Sheela Bhatt analyses the Congress scion's address at the CII.
'We have promised to ensure reduced tax rates.'
This is for the first time in a Lok Sabha election that results of voting machines will be matched with slips generated by paper trail machines.
The unfortunate thing is that the film will leave a poor impression of the IAF's and indeed of the armed forces's ability to handle sensitive social matters within their professional space, observes Lieutenant General Syed Ata Hasnain (retd).
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Novak Djokovic took a first unsteady step toward completing the calendar-year Grand Slam on Tuesday as the Serb laboured into the second round of the US Open with a 6-1, 6-7(5), 6-2, 6-1 win over dashing Danish teenager Holger Rune.
Earlier, taxpayers were required to fill in complete details.
Jet Airways -- which has been flying for 25 years - on Friday described reports that the airline cannot fly beyond 60 days as "incorrect and malicious" as well as denied any talks of stake sale.
Jet is the largest player in the Mumbai airport, with over 110 domestic slots and 30 international slots from the city.
Air India's plans to lease its headquarters in Nariman Point has been hit.
In the era of e-filing, small mistakes lead either to delayed or complete denial of income tax refunds. So, avoid these 5 common mistakes that could lead to delay in refunds.
Many firms have even wrongly disclosed pledged share information.
The 17-year-old alliance between Nitish Kumar's Janata Dal-United and the Bharatiya Janaya Party is over. Here is how political parties reacted to the break up.
While taking gold out of the closet to borrow money is no longer taboo in Indian households, the sharp drop in gold prices is hitting the newest loan product on the banking turf hard, explains Tamal Bandyopadhyay.
For development finance institution to succeed now, the government must stand like a rock behind it and be patient.
Campus recruits can also aim to double the existing entry level package by proving their skills through the TCS national qualifier tests.
Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.
Parliament has approved a gross borrowing for Rs 7.1 lakh crore for the entire 2019-20 fiscal.
Experts believe that under-reporting is likely to cause an underestimation of the spread of the disease.
It shows that states would require a compensation to the tune of at least Rs 1.67 trillion in 2024-25, as none of them would be able to achieve a 14 per cent growth every year.
Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.
If Dwyane Wade had to pick a game to sit out with a bruised right knee, this was the one.
With the Rs 1.45 lakh crore tax dole threatening to upset budgeted numbers, Economic Affairs Secretary Atanu Chakraborty sought to allay concerns saying the government is sticking to the glide path of keeping fiscal deficit at 3.3 per cent of the GDP in the current fiscal.
Vagela could not have reached this position if Narendra Modi, who'd known him from his chief minister days, had not backed the choice.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
The financial services sector, including NBFCs and housing finance companies (HFCs), have historically been the largest borrowers from MFs.
26 out of 80 operational projects are in no position to service debt.
Youth Inc magazine lists out the most common fashion blunders men commit.
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'
It's a mismatch of sorts. One team is attempting to win its 40th title, the other its first! Yet, the final of the Ranji Trophy between Mumbai and Saurashtra, starting Saturday at the Wankhede stadium, promises a lot more.
Subir Gokarn says credit-deposit growth mismatch for a longer period could put pressure on liquidity.
The ED's line of questioning, officials said, is revolving around Rhea's income, investments, business and professional deals, and links.
Even with more power against the individual than any other modern democratic nation, the Indian government seeks more. Such laws do not exist elsewhere in the civilised world, observes Aakar Patel.
For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.
It had asked govt banks to reduce these and certificates of deposits to a combined 15% of total deposits
The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.
