'We will see a kind of disaster which the country has not seen in the last 100 years.'
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
India borrows ideas that we don't need, like the FRDI Bill, and ignores the ones we need, like rewarding whistleblowers such as the ones who want to save Bombay Mercantile Bank, says Debashis Basu.
India attracted an estimated $49 billion FDI in 2019, a 16 per cent increase from the $42 billion recorded in 2018.
It took a lockdown for us in India to even recognise that the plight of migrants needs to be addressed. They were faceless and unrecognised. They were unappreciated and even hounded. They were poorly paid and exploited, notes Ramesh Menon.
It's better to inform your new employer about income earned and deduction availed with the previous one.
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
Country's largest mutual fund UTI AMC on Friday became a private company with the four sponsors paying Rs 1,236.95 crore (Rs 12.369 billion) to the government.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
To begin with, there would be the immediate integration of various technology stacks. This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture and IBM, among others. Indian service providers - Infosys, Tata Consultancy Services (TCS), and Wipro, for instance - would also cash in.
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
'Around 15 crore poor people have lost their money.'
Higher disposable incomes, rural push and infra push to boost auto sector
If we don't want a Hindu version of our neighbour, we must keep open minds -- even when what we hear or see is not what we like.
Be extra careful while using credit cards because there is a risk of misuse
The provisions in the FRDI bill do not modify current protections for depositors adversely at all, the ministry held, maintaining that these rather provide additional protections in a more transparent manner.
If investors still have appetite to buy shares in one of the region's most expensive markets, Coal India might stack up.
N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
State-run National Thermal Power Corporation on Friday said it will borrow Rs 1,000 crore (Rs 10 billion) from Life Insurance Corporation during the fourth quarter of the current fiscal to fund its capital expenditure requirements.
Cash withdrawal limits likely to continue
'We are probably working with flawed data on household finance.'
Even as Microsoft has seen exponential growth for its cloud platform Azure in India, the firm has not yet set up local servers.
But increase in the statutory contribution will boost retirement corpus
The e-commerce marketplace is like an information intermediary these days.
If new goals have emerged, this is the time to make fresh investments.
Against National Democratic Alliance's 75 million target, United Progressive Alliance added 61 million in 2013-14.
From reiterating his commitment to build the border wall to protecting the American way of life from terrorist threats, President Donald Trump outlined his vision for the United States of America
Sensex falls at close; metals, banks perform well.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Note ban hits sales and registration of new cars; states work online payments model to deal with cash crunch. Ajay Modi and T E Narasimhan report.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
The Congress on Tuesday termed as rhetoric and hollow on specifics the prime minister's address to the nation, saying there was no mention of a financial package or concrete steps to revive the economy.
At 42, Dizezny D'Souza trained with teenagers at a school ground to get back into running. She won silver and bronze for India in China.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
At this point, it is crucial to think of solutions that will help flatten the curve and also generate income, says Pratyush Banerjee.
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
