'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
Group still far from coordinating monetary/forex policy
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.
According to experts, due to reduction in withholding tax, FIIs' investment in corporate bonds will pick up.
The central bank has been intervening in the foreign exchange market by buying dollars, and this is capping the rupee's gains.
Bank CFOs may meet next week to discuss minimum public shareholding and takeover rule issues.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
'The time has come to substitute the present Constitutional set-up with an alternative democratic framework,' argues B S Raghavan, the distinguished civil servant.
'If the situation escalates, then mini-scale firing might happen.'
Looking beyond the lesser penalty regime, in its 10th year of existence, the CCI needs more branches, according to experts
'This is a tragedy that must be stopped.'
'50% of students lose out because of lack of English language skills.' 'Only 15% to 20% have the functional skills companies are looking for.'
'It will take a long time for the effects of demonetisation to wear away, and I am not even sure that a year lost, can at all be even recovered.'
India and ASEAN have relations "free from contests and claims" and believe in sovereign equality of all nations irrespective of size, and support for free and open pathways of commerce and engagement, Prime Minister Narendra Modi wrote in his column.
Modi, in an op-ed published in the Wall Street Journal, wrote that the US and India are forging a deeper and stronger partnership that extends far beyond the Beltway and the Raisina Hill.
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
It was clear in Brunei at the 8th East Asia Summit that China doesn't want the South China Sea issue to even dominate the discussion, reports Sheela Bhatt, who is part of the prime minister's media contingent to the summit
The policy statement by the RBI governor is also expected to be upbeat.
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
'During his visit to Vietnam on September 3 -- the first visit by an Indian prime minister in 15 years -- Modi will notice the widespread anti-China sentiment in that country.'
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
BRICS countries may reach consensus at next month's G20 summit on creating a $100 billion currency reserve fund to help ease short-term liquidity pressure and safeguard financial stability of major emerging economies, a senior Chinese central bank official said.
Secretary of State John Kerry arrived in New Delhi onto participate in the fourth round of Indo-US strategic dialogue even as US announced to invest $100 million in India's burgeoning clean energy sector.
Young Indian entrepreneurs hope to share some of the limelight too at the Hyderabad event.
'China's growing nexus with Pakistan and the two countries' unresolved territorial disputes with India continue to pose a formidable national security threat to India,' says Brigadier Gurmeet Kanwal (retd).
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
Normal life has been paralysed due to curfew-like restrictions and separatists-sponsored strike since Saturday.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
The Union government has no 'Buy India' policy, but has a 'Buy Air India' policy.
'The execution has been 100 per cent faulty.' 'The scheme is also a stupid one, a real Tuglaq Darbar scheme.' 'This way of attacking black money is the most ineffective one.'
Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
Capital markets regulator Sebi Chairman U K Sinha advocated the listing of bourses and greater competition among exchanges.
Prime Minister Narendra Modi made a strong pitch for deeper ties in key areas of counter-terrorism, climate change and UN reforms.
Rates on tax-free bonds are linked to government securities.
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
Chinese observers believe the Sino-US relationship will be impacted by issues in North Korea, Japan, India, Ukraine and Iran and that conflicts with these 'third parties' will without exception ultimately become conflicts between China and the US, points out former RA&W officer Jayadeva Ranade.
Pipeline leanest since 2004; bankers said to be cautious due to fear of rejection by Sebi.
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