Besides Shastri, Rahul Dravid has been appointed as the team's overseas batting consultant and Zaheer Khan as the bowling coach by the three-man CAC team.
Ravi Shastri formally applies for India head coach job.
Responding to what is widely felt by the political establishment in Europe to be the "destabilising" role played by credit ratings agencies in the ongoing euro zone crisis, the European Commission unveiled measures to curb their power.
Bank stability is an ever-more pressing concern for the world's corporations and investors says Global Finance, while announcing the half-yearly update of its ranking of the world's 50 safest banks.
Stating that COVID-19 has not yet been contained in India, the rating agency in a statement said the government stimulus package is low relative to countries with similar economic impacts from the pandemic. "The COVID-19 outbreak in India and two months of lockdown -- longer in some areas -- have led to a sudden stop in the economy. That means growth will contract sharply this fiscal year (April 2020 to March 2021)," it said. "Economic activity will face ongoing disruption over the next year as the country transitions to a post-COVID-19 world."
The announcement by Standard & Poor's (S&P) on Wednesday to cut its outlook for India from stable to negative should cause no surprise, even though it comes barely five days after a similar exercise by Moody's, which had retained its outlook on India as stable.
Method will be part of this year's Economic Survey; will help investors in relative comparison.
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
The Board of Control for Cricke in India decided to invite more applications for the post of Indian team's coach to give Cricket Advisory Committee (CAC) a wide range of options to pick a suitable candidate.
'The Indian economy is in slowdown and growth may stay slow,' notes Devangshu Datta.
Government asks banks to furnish capital, ratings and NPA details.
The banks were selected through a comparison of the long-term credit ratings and total assets of the region's largest banks. Ratings from Moody's, Standard & Poor's and Fitch Ratings were used.
132 Tests. 271 ODIs. 619 Test wickets. 337 ODI wickets.
Global Finance announced its 20th Annual Ranking of the World's 50 safest banks.
The finance ministry on Tuesday cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage. Stating that the agricultural sector remains the foundation of the Indian economy, the ministry said that a normal monsoon, as has been forecast, should support the rebooting of economy.
The overall breadth was extremely positive as 1,714 stocks advanced while 1,008 stocks declined
Former Australia fast bowler Craig McDermott has applied for the post of India head coach, which will become vacant after the ongoing Champions Trophy campaign.
All the banks mentioned here have balance sheet size greater than Rs 50,000 crore (Rs 500 billion).
The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency.
Amid rupee sliding below 64 to a dollar, global agency Standard & Poor's on Tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.
The deal, as well as some other strategic and financial investments in works, will help Ambani cut debt at RIL.
List of French Open women's singles champions
Get Ahead reader Daya Kudari lists out the highs and lows of Nokia Lumia 800. According to him this Nokia-Microsoft effort is a more than decent affair.
An Indian-origin former analyst has been accused of providing confidential company information in the Raj Rajaratnam-led insider trading scheme, has been fined $34 million for his role in the scheme.
India's growth outlook has weakened sharply this year, with a crunch that started with the non-banking finance institutions spreading to retail businesses, car-makers, home sales and heavy industries.
Modi said a separate rating agency would help the economies of the member countries as well as other developing nations.
RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.
Let all the stakeholders, especially the government, remember that if the Make in India lion needs to roar and rise again, it won't happen unless India Inc rises too, points out Shekaar Subramanian.
'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.
During a short halt at Tabriz airport in Iran on his way back home, Mukherjee gave Vrishti Beniwali a brief account of the summit, euro zone crisis and what it meant for India.
The market breadth in BSE ended extremely firm with 2,137 shares advancing and 671 shares declining.
Last year, the capital infusion budget was Rs 20,157 crore.
Seeking to downplay the impact of the downgrade by Moody's, the country's largest lender SBI on Wednesday admitted that the action will marginally increase medium term borrowing costs, and said it is a "reminder" to the government to urgently capitalise it.
More than one-third of this amount (Rs 6,000 crore or Rs 60 billion) is likely to go to the country's largest lender, State Bank of India, while the demand for most other banks is less than Rs 1,000 crore (Rs 10 billion) each.
India's stand at the FATF plenary and other related discussions have always been consistent regarding Pakistan.
Meet Bhumika Arora, 29, who made the cut!
A look into 10 positive aspects of the Indian economy.
Bad loans are turning nightmarish for Indian banks.
India's Test skipper Virat Kohli on Thursday welcomed new head coach Anil Kumble into the team saying he is looking forward towards work with the legendary leg-spinner.