Prime Minister Narendra Modi is addressing the nation for the seventh time from the ramparts of the Red Fort on Independence Day on Saturday and it will be his second speech of the second term in office.
Toll collection at some 65 road projects have already stopped.
The National Bank for Agriculture and Rural Development, a premier institution for agriculture financing, would be giving 100 per cent tax exemption on capital gains if they were invested in capital gains bond issued by it.\n\n\n\n
In the rights issue, the company is offering one share for every 15 shares held at Rs 1,257. The rights shares are expected to be listed on the BSE and NSE on or around June 12.
The finance minister chided the central bank on Tuesday over its focus on fighting inflation, saying the Reserve Bank of India (RBI) also needed to abide by the government policy to promote economic growth.
One Raj Shah has been the top Indian American in the Obama administration; the other Raj Shah is poised to play a key role in the Trump administration.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
Higher education policy may be at the core of the Tamil Nadu assembly polls next May, with a potential to break the ties between the ruling AIADMK in the state and the BJP counterpart at the national level, says N Sathiya Moorthy.
The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"
These institutes, while expensive, are a viable alternative to studying abroad.
'The ground reality is that Banglar manush Didir shonge aachhe (The people of Bengal are with Didi).' 'Even as the BJP is still looking for a CM candidate, the elections will be over and we will form government with a two-thirds majority.'
The interface allows you to add multiple banks and transfer money, even between payment wallets, for a fraction of existing costs
The Centre is likely to cut budgetary support to the railways by around Rs 5,000-10,000 crore for 2018-19, out of the total budgeted GBS of Rs 53,060 crore. Due to this cut in GBS, the railways is likely to depend more on borrowings, asset monetisation, and internal generation to meet the capex target of Rs 1.465 trillion for the current year.
Govt reconstitutes body, says will not interfere in senior PSB appointments
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Union Minister Kiren Rijiju on Saturday said funds meant for Central projects would be under BJP's scanner to ensure judicious utilisation in Arunachal Pradesh.
The Biden administration should expect continuity in Iran's policies under Raisi. This may not necessarily mean that strengthening of ties with the West will be Raisi's top priority, observes Ambassador M K Bhadrakumar.
'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.
Kamath also said that the new bank, set up by India and four other members of the BRICS grouping, will strive to approve its first loan before end of the current fiscal.
7 million jobs will be created in formal sector in FY18
The ripples from November 8 may be seen in next year's state budgets.
UTI's legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium
Fairfax Financial Holdings made three investments in a month
Banks cannot shirk their responsibility in cases of frauds.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Asian shares ended higher after a string of positive US economic data.
Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.
Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".
'Somewhere along the way, elected office-bearers appeared to have lost sight of the interest of cricket and begun to pursue their own interpretation of what the game should be.' 'Families made it a tradition to have their representatives occupy, if not usurp, positions in state associations,' points out Vinod Rai, who will step down as head of the BCCI's Committee of Administrators on Wednesday, October 23.
Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
Ajay Piramal bets highly on infrastructure, realty
In his new role, Subbarao will take part in various activities at NUS Business School, the Institute of South Asian Studies and the Monetary Authority of Singapore.
'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
Besides foreign flows, corporate earnings and US Federal Reserve chief Janet Yellen's testimony to the nation's legislature are also likely to impact investor sentiment.
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
For the second straight week, the Sensex rose, notching up a significant gain of 528.34 points, or 1.59 per cent. The Nifty was up 129.45 points, or 1.25 per cent, during the week.
The implication of a slowdown in the financial services sector are very different (eg, likely to affect fewer people directly, and even that affecting those at the top of the income distribution) from that of a slowdown in construction, one of the most employment intensive sectors in the Indian economy (that will affect aggregate demand much more).'
The Budget sets out a comprehensive vision.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances