During the dot-com bubble, it had touched a high of 1.9.
A new CBDT directive actively makes India-dedicated funds comparatively unattractive for institutional investors. It makes no sense, says Akash Prakash.
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
Ratnakar Bank to absorb RBS' employees involved in three businesses
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
PNB is fully committed to its clean banking policy. That is why we are the first one to detect and report this to the various law enforcement agencies," PNB's CMD Sunil Mehta said on Thursday.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
Pawan Hans could command a valuation of 8-10 times earnings.
RBI governor Raghuram Rajan says, laws must be tightened for freeloaders.
The Akash weapon system, which will be deployed facing the western borders, employs command to line of sight guidance and relies on sophisticated radars and control systems to guide the missile to its targets.
And, of course, create wealth over the long-term
Revenue rose 23.4 per cent to Rs 1,655 crore
In East Delhi the biggest challenge for BJP's Gautam Gambhir, barring his opponents, is one of perception, says Thirumoy Banerjee.
Senior bankers are trying to impress upon the central bank that the shift to external benchmark-linked lending be postponed to April 1, 2020.
Finance Minister Piyush Goyal said the instances of people running away and evading the legal process was increasing and this needed to be stopped, as the current laws do not allow fully dealing with the severity of the problem.
Include digital assets in a will, as e-mail and social networking websites don't provide account access to legal heirs.
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, tells Puneet Wadhwa that with Moody's upgrading India's sovereign rating and earnings growth coming back, the country will remain a hot destination for foreign investors.
Frankly, there is no reason not to open a PPF account and start investing in PPF
Loan rates will change at the next reset, while deposit rates will continue till maturity.
The NSEL chief said the exchange is also seeking the help of the Delhi government.
The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.
Mohnish Pabrai whose company handles funds to the tune of $464 mn spoke at length about his investment decisions in Mumbai
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
The SIT on black money on Tuesday sought update from multiple probe agencies on the role of Lalit Modi in alleged financial irregularities in the T-20 cricket tournament.
Swiss authorities are examining development grants made by FIFA around the world as part of their investigation.
India's foreign exchange reserves are at an all-time high.
Some of the players in the GST race are Payworld, Dell, Tally Solutions
Suspended Noida engineer-in-chief Yadav Singh faces a CBI probe into alleged corruption on a PIL accusing him of amassing huge property disproportionate to his known sources of income.
What are the personality characteristics and behaviours that lead to venture creation and success?
Nitin Gokhale reports on how quick decisions saved a repeat of a Mumbai-like carnage at the key Punjab air force base.
'The best way to make an impact in this market is by focusing on three things: Unmet customer need, unarticulated customer need, and emerging customer need,' Metro's Arvind Mediratta tells Sangeeta Tanwar and Alokananda Chakraborty.
The Budget sets out a comprehensive vision.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
The Modi government could steer through Parliament 59 out of 75 Bills.
The Ministry's decision comes more than a year after the payment scam at NSEL came into light in July 2013.
'Other countries go out on a limb to save even a single life.' 'What to talk of civilian accidents and disasters, even our military does not have a priority for Combat Search and Rescue,' says Group Captain P I Muralidharan (retd).
'A fund investor could pick, say, three of the top active funds in any given category.'
Deal to help RCom reduce debt, Sun gain subscribers in new markets
