Benchmark indices gain 30% this year, buoyed by global liquidity, new government
Quarterly results of many of these banks show significant losses.
The prime minister and the Chinese president walked along the banks of East Lake and also took a boat ride together as they decided to step up their personal rapport.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
News of all that's transpired on and off the football field
But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years
Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank's base in Shanghai. If established in Mumbai, it may have employed a few Indian bankers and satisfied the national ego but there was little financial value to be drawn from it.
May be the strong United States growth will lead the world back to a period of growth and help us all put this painful recrimination behind us.
FTIL prepares to challenge the order in the Bombay high court
The BSE Mid-cap index gained 1.1% while the Small-cap index surged 1.3%, outperforming the benchmark indices
While auditors have come in for a lot of praise for their proactive stand against what they perceive to be dodgy practices followed by companies, there is still a long way to go, says Shyamal Majumdar.
Though some operators offer the facility of tag lanes, such tags can only be used at designated points.
There are unprecedented political implications of identification based on 'biological attributes of an individual', such as employed by Aadhaar, warns Gopal Krishna.
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.
Around 300 promoters serve their company boards for free.
'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.'
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Gearing up to ensure greater compliance by companies to listing agreement, NSE is planning to increase its headcount to bring in more efficacy in its oversight role as a front-line regulator of the securities market.
Does the Union government or the RBI see itself as Krishna beheading Shishupal and what will constitute the 101st or indeed the past many sins for which a Sudarshan Chakra will have to be used? More importantly, what are those sins?
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
Some believe the shift to mobile-based transactions will be seamless considering that the urban tele-density is 148%. In rural areas, it is touching 51%. But smartphone penetration in India is a mere 12%. Growth of mobile money has been extremely slow: It is currently 1%.
Weaker-than-expected growth in US jobs in recent months had already forced US central bankers to put off a rate hike at their meeting last week
Nitin Desai suggests some concrete measures to revive investment and boost growth.
US rate hike fear keeps Asian firms in check; India most upbeat.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
National carrier Air India is running in losses and needs government's attention.
'Modi's advent has made the mass of Indians realise that there was absolutely nothing wrong or objectionable in proclaiming nationalism as the masthead of the polity and Hinduism as its centerpiece,' says B S Raghavan, the distinguished civil servant.
Times without count we have bought more complex procedures in the name of simplification, says Shreekant Sambrani.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
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.
A few weeks ago, when Road Transport & Highways Minister Nitin Gadkari launched an electronic toll-collection system on the Delhi-Mumbai highway, television channels reported live from toll plazas showing vehicles with radio frequency identification (RFID) tags in dedicated lanes that did not have to stop for paying cash.
'Rahul is only making a pathetic public spectacle of his lack of judgment and good sense by hallucinating that somehow, the Congress, or whatever political combine is cobbled together, will displace the BJP at the coming Lok Sabha election by constantly harping on the Rafale deal,' argues retired civil servant B S Raghavan.
No one really knows what proportion of the nation's wealth and income are available for defence
Raghav tells Rediff.com's Shobha Warrier how he and his cousin Mukund co-founded Renew IT, which refurbishes discarded computers and makes them affordable for the poor in rural India.
'We have promised to ensure reduced tax rates.'
Indian economy about to take-off
MySmartPrice has been growing about 100 per cent a year and is profitable.
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