The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Minister of State for Shipping Pon Radhakrishnan said the vessel had more than 32,000 tonne of oil and has been emptied.
MCX Stock Exchange, set up by crisis-hit NSEL's promoters, on Friday appointed Saurabh Sarkar as CEO and announced plans for fresh capital infusion by its existing shareholders among measures to boost business.
'The policy is to consolidate farming into the hands of a few and to take away the food security of the country.' 'Once food is in the hands of 15 chosen corporate houses, you will get food, but at a price that they determine.'
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).
The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
Significantly, about half of the CEOs who took part in the survey indicated that they propose to increase their investments in near future, 45 per cent cited no change in investment levels, while only 5 per cent expected a fall.
Nurses in government hospitals across the country on Saturday called off their indefinite strike after reaching a compromise with the Centre, in a major relief for Delhi and some other cities battling rising cases of dengue and chikungunya.
Capital markets regulator Sebi Chairman U K Sinha advocated the listing of bourses and greater competition among exchanges.
In an order, Union Home Secretary Ajay Bhalla said buses shall be used for transport of such groups of stranded people and these vehicles will be sanitised and will have to follow safe social distancing norms in seating.
Volkswagen did not name a successor, but said proposals on management appointments would be made to a full board meeting on Friday.
Lok Sabha elections result of 2019 tells us the Modi wave has only consolidated, instead of waning.
The former PM attack on the Modi government for its "disastrous policies" and "economic mismanagement".
'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.
Experts question Nestle's silence over Maggi controversy.
The Supreme Court-appointed Lodha Committee on Monday recommended sweeping reforms for the controversy-ridden Board of Control for Cricket in India, suggesting a bar on ministers from occupying positions, putting a cap on the age and tenure of the office-bearers and legalising betting.
'The handling of the pandemic, under this totally constitutional and legal three-level dictatorship, has begun to show its downside,' observes Shekhar Gupta.
Tickets for matches in Brasilia have already been on sale for months and it remains unclear how fans, many of whom may have bought flights and booked hotels, would be reimbursed
Governments that do not respect central banks' independence will sooner or later incur the wrath of the financial markets, ignite economic fires, and come to rue the day they undermined an important regulatory institution; their wiser counterparts who invest in central bank independence will enjoy lower costs of borrowing, the love of international investors, and longer life spans, said Acharya, who will return to the New York University's Stern Business School in August.
Or a brief stop on the way to better times, asks Ajit Balakrishnan.
Experts trace the reasons for the 26/11 attacks to the Pakistan's military interest in three key areas: Kashmir, Afghanistan and nuclear armaments.
At the same time, however, officials at the central bank lowered their projections for the long-run target interest rate, evidence of slightly diminished expectations for a nation climbing out of a severe crisis and struggling with demographic headwinds like declining labor force participation.
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.
The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
'If some measures are implemented quickly, they can help revive growth.'
With a sole mandate of inflation targeting, RBI wears many hats.
Apart from taking stock of the political situation in the country, the CWC discussed the upcoming presidential and vice presidential elections.
PS banks need to pull up their socks to improve cash flows.
On Thursday, the Business Advisory Committee of the Lok Sabha, which allocates time for the Bills and discussions to be taken up for the forthcoming week, met, but the government strategists didn't ask the members to allocate time for the GST Bills for the next week.
Even though the Health Ministry and Indian Council of Medical Research (ICMR) have been insisting that there is 'no solid evidence' of community transmission so far, the government has started scaling up health infrastructure to deal with any situation.
Shaken by Justice RM Lodha committee's recommended reforms of its governance structure, the Board of Control for Cricket in India has decided to call a Special General Meeting (SGM) within the next two weeks to discuss the implications of the report.
The cut-off date the RBI chose was March 1, 2018. This meant that by the end of August if these accounts were not resolved, then they would have to proceed through insolvency.
Rediff.com takes a look at some personalities who are likely to win the prize this year.
Lionel Messi announced on Friday that he wants to return to play for the national team, reversing his decision to retire earlier this year. Messi said in June that he would not play for Argentina again after the team lost to Chile in the final of the Copa America.
