If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The department gets data of high-value transactions under the Annual Information Return.
Here are some mistakes taxpayers make and how to avoid them...
Venus Williams and CoCo Vandeweghe won the opening singles matches to give holders the United States a commanding 2-0 lead in their Fed Cup World Group opener against the Netherlands in Asheville, North Carolina on Saturday.
How many of us really read about the company ahead of a job interview?
If currency controls are maintained indefinitely, popular support for Narendra Modi's demonetisation will turn into dislike, warns Devangshu Datta.
Sunshine Schools are looking to attract interest from members of the urban 'aspirational' class -- vegetable vendors, security guards, drivers, etc -- who cannot afford the fees charged by budget private schools.
Despite the recovery to above $40 levels after hitting $28-29 in Jan, worries of over-supply in the face of weak demand remain.
Raamdeo's base argument is that India's stock market merely mirrors the national economy, which is poised for big things.
With RBI likely to make credit costlier and banks to follow, some ideas on switching money to be able to do this.
Kohli promoting Pandya ahead of Dhoni is an indication that the skipper is looking to use his former captain more as an accumulator -- in Javed Miandad mould who would rotate strike, frustrate bowlers and launch a furious counter-attack after getting his eye in.
Contrary to the popular belief that the IAS cadres manage the country - they are actually required to manage politicians, most of whom do not pass any sort of muster, says T C A Srinivasa-Raghavan.
While Sahara maintains it has already repaid more than 93 per cent of the outstanding dues directly to the concerned bondholders and the remaining amount was just about Rs 2,500 crore (Rs 25 billion), it deposited Rs 5,120 crore (Rs 51.2 billion) to Sebi in December 2012 towards the investor refunds as per Supreme Court orders.
From July 1, retail investors can offer stocks through exchanges for de-listing, buyback and open offers
Two people, one legally assisting the affected people because of their exclusion from the National Register of Citizens (NRC), and another whose relative has been declared a 'foreigner' by the quasi-judicial Foreigners' Tribunal (FT), talk to Rediff.com about the issues on the ground that people excluded from the NRC are facing and how it can turn into a long-drawn legal process.
Earnings spread for foreign investors down to 10-year low of 1.1 per cent, from 2 per cent at the beginning of the year and record high of nearly 5 per cent in 2013
Have you decided what will happen to your social networking accounts and your digital possessions when you are no more?
Industry experts on Friday called upon the new BJP-led NDA government to focus on attracting investments in key sectors, especially the infra space, to revive growth and investor confidence.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
The economy is projected to clock 7.4 per cent growth.
The decision comes hours after an A320 neo aircraft of IndiGo suffered engine failure mid-air and made an emergency landing at Ahmedabad airport.
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Analysts worry that without more fundamental reforms, India will struggle to contain its record high current account deficit and hence support the rupee.
On the individual front, housing loan rebate on self-occupied property was increased from Rs 1,50,000 to Rs 2,00,000.
Summary of sports events and persons who made news on Saturday
With big data analyses, your investments, spends and big purchases are being tracked more closely now by the income tax department.
After Infosys, hike in other IT companies also seen in 6-9% range.
The film makes an effort to add sparkle to the so-called 'new gen' formula, but ends up being a damp squib.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
The government must expand the farm insurance cover and advice banks and financial institutions to settle crop insurance claims in the drought-hit areas without delay.
'We, the audience, listen to stories that have nothing to do with us and we cry, just from the truth of those stories.' 'And Anvita is one of those people who makes this happen.'
Men's fashion essentials will incontestably vary in price and style according to a man's given age, income bracket, work environment, and personal style. Confused? Don't be. Here are some tips to keep you in the game.
Radhika Shastry left her job, moved to the Nilgiris and opened a cute caf -- and she's cooking quite a meal of it.
Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.
Prepare your replies with expert help, if necessary. Keep relevant documents ready to support your replies.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
When they returned to Chennai from the US, their plan was to set up a successful business. Which they did. Then, something tugged at their heartstrings.
May touch 64/$ due to foreign flows slowing down
The chief operating officer said that the carrier will surmount the present crisis very soon.
A minimum of 50 per cent tax may be levied on unexplained bank deposits made using the banned currency notes up to December 30 along with a 4-year lock in period for half of the remaining amount under the amendments to tax law the government plans to bring in Parliament shortly.
