Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
The United States, he said, 'desires a new age of ambition' in its relationship with India. Asserting that the US has never been more supportive of India's security, he said New Delhi too, is an important partner and a key pillar of President Trump's foreign policy.
Highly placed sources, who are closely monitoring the US situation, admitted that passing of the 123 Agreement by the US Congress could be hampered by the financial crisis or alternatively, it could lead to the process being passed with ease. Senior officials, however, made it clear that even if the 123 agreement was passed, it would not be signed by the prime minister during his Washington meeting with President Bush.
Even after five decades of use, the telescope at Ooty that Dr Govind Swarup designed and built continues to be the largest single frequency radio telescope in the world.
'There is no shortage of material for the Opposition to develop and deploy a campaign against the government.' 'Are we seeing signs that it exists? I confess that I do not see it,' says Aakar Patel.
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Prime Minister Narendra Modi and United States President Barack Obama will meet on Sunday, January 25, at Hyderabad House a few hours after the American leader's arrival in New Delhi.
Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay.
Five-time World champion Viswanthan Anand believes chess has adapted quite well to the coronavirus-forced shutdowns across the globe by simply going online just as he has been doing to stay in touch with family while being stuck in Germany for a couple of months now. Anand had gone to Germany in February to compete for SC Baden OOO in the Bundesliga Chess. However, travel restrictions caused by the COVID-19 pandemic have ensured that he has been unable to return home.
India and Germany signed a deal on Monday to fast-track business approvals.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
If the FATF lets Pakistan off the hook, which is to be expected, it would signify a big boost to Pakistan's standing in the fight against terrorism. Delhi, on the other hand, loses the propaganda advantage, states Ambassador M K Bhadrakumar.
'Open conflict would be a disaster for both China and India.'
In the last financial year, GDP growth was 7.3 per cent.
'For around five hours the storm, reportedly the strongest one ever recorded in the Bay of Bengal, that mother of many a deathly vortex, shook Kolkata like a toddler playing with a rattling toy,' observes Debashish Chatterjee.
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
'Usually, customers who don't get loans from banks approach NBFCs.' 'This is one reason NBFCs price their loans costlier than PSBs or private banks.' 'NBFCs will have higher delinquencies levels than private banks for most products.'
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
Our country needs massive investment in access of Rs 50 lakh crore in infrastructure to increase growth of GDP and integrate the nation with a network of roads, airports, railways, inland water and to provide good quality services to the people: FM
The HSBC Manufacturing Purchasing Managers' Index fell to 51.3 in April from March's 52.1
Whether the rupee can regain that momentum will largely depend on foreign investors, who have been net buyers of more than $2 billion in shares over the previous 20 sessions and of $2.3 billion in bonds in March.
Is it sustainable?' 'Or is it like an overdose of a medicine that saves your life in the short run but kills you through long-lasting side-effects?' asks Shekhar Gupta.
'No private project will take off at such high interest rates'
Ringing Bells has said the manufacturing cost of the phone is about Rs 2,500.
The government propagandists should refrain from premature celebrations and misplaced euphoria: Congress.
The apex court said its two-judge bench in its July 4 2011 order for setting up of SIT felt that 'no effort was made to bring back the money stashed in foreign banks' which could have been accounted and pumped into the 'mainstream of the Indian economy'.
'I believe Modi mentioned Balochistan only to embarrass Pakistan and also divert attention toward the situation in Kashmir.' 'I think from now on, India intends to raise Balochistan whenever Pakistan brings up Kashmir or upsets them on the issue of terrorism.' 'Balochistan is the least developed of Pakistan's four provinces. It is the least educated and least economically developed. People are agitated that a region so rich in mineral resources and a sea-port is still so poor.' Baloch political analyst Malik Siraj Akbar on why the province wants freedom from Pakistan.
'The first two months of monsoon are not looking good.' 'In case both the halves fail, it is going to be misery.'
'It is not due to my effort that I am sitting out of the team, it is due to the supply and demand that the team requires.' Ravichandran Ashwin tries to figure out why he is not being considered for the Indian team in ODIs and T20Is.
Questions on the efficacy of the government's drive towards filing of more returns by individuals and on whether raising tax exemption levels has led to reduced compliance in filing of returns by those who go out of the tax net, says A K Bhattacharya.
The rupee resumed higher at 60.13 per dollar as against the last closing level of 60.20 at the Interbank Foreign Exchange market, and hovered in a range of 60.07 and 60.18 per dollar before quoting at 60.08 at 1000 hours.
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
Prithviraj Hegde explains the first results of the demonetisation exercise in layman terms.
Prithviraj Hegde explains the first results of the demonetisation exercise in layman terms.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
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