A 1988 batch Indian Administrative Service of Gujarat cadre, Arvind Sharma is set to be Prime Minister-designate Narendra Modi's personal secretary. Sharma was additional principal secretary to the Modi when he was chief minister of Gujarat, and has been with him since 2001.
In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
There is a large population standing outside the coverage of primary healthcare, says Praveen Gupta of Raheja QBE.
The growing interest in alternative sports is encouraging Ronnie Screwvala to extend the U Mumba brand from kabaddi to football and volleyball.
Lenders say settlements will cross over 100 accounts in the March quarter.
The two major railway unions have proposed to the government an unprecedented alternative to privatisation or inviting foreign investment, to help raise funds and improve revenue.
There would be a marginal 3% increase in freight rates.
Lower interest rates needed to boost manufacturing, officials say.
Investors have another reason to wrinkle their noses at emerging economies - fading labour productivity.
With this win, Australia have now gained a 12-2 lead in the series. The team had already secured the Ashes in the first T20I.
Modi said the push towards a gas-based economy where the share of environment-friendly fuel in the energy basket will be increased from 6.2 per cent to 15 per cent by 2030, will create lakhs of jobs and help meet India's COP-21 commitment of cutting emission intensity by 33-35 per cent.
'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
The bench of Chief Justice N V Ramana and Justice Pradeep Nandrajog issued notices to the Centre, Foreign Investment Promotion Board and Commerce and Civil Aviation ministries and sought their responses by October 30.
"The fact is that after 106 days of pre-trial incarceration there is not a single charge framed against me as I speak now," said Chidambaram, who is expected to attend the Rajya Sabha proceedings on Thursday.
'Our target is to award Rs 25 lakh crore worth of projects that would result in creating 25 million jobs'
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.
News of all that transpired on and off the football field.
On the lines of Shariah-compliant products, intermediaries ask exchanges to consider investment benchmark.
Foreign investment cap in insurance sector raised to 49 per cent.
Comptroller and Auditor General has pulled up the finance ministry for flaws in double taxation avoidance agreements
Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.
It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.
The problem of stressed assets needs to be addressed with effective recovery.
Bentonville-based Walmart has also raised apprehensions about the ongoing probe by investigating agency Enforcement Directorate, said an internal note of the Department of Industrial Policy and Promotion.
The company will spend Rs 10,141 crore to buy 15.5 per cent stake from minority investors.
'No Budget has so far has addressed the issue of the government's abysmal productivity of capital spending, improving which will be the big game changer. 'But, the government's tight lock on businesses, banks, education, and even essential services like transportation and large parts of infrastructure and healthcare is destroying capital year after year,' points out Debashis Basu.
Cheap milk prices, rising fodder cost and the difficulties in buying new cattle and selling old ones on account of cow vigilantism have cast a triple shadow on this sunshine sector in Indian agriculture, reports Sanjeeb Mukherjee.
'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
MCX said it has no exposure to crisis-hit NSEL, which has to settle dues worth Rs 5,600 crore to investors after it suspended trading.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
Setting aside the Delhi high court's September 30 verdict denying bail to Chidambaram, the apex court said he is neither a "flight risk" nor there is a possibility of "his abscondence from the trial". Chidambaram had moved the apex court challenging the high court verdict.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
The Civil Aviation Ministry has submitted replies to the CVC on a series of allegations raised by Nishikant Dubey against the deal and clarified all concerns raised by him, official sources said.
The lawsuit seeks an injunction to stop the entire rule from going into effect.
Such a move, Obama argued would attract larger foreign direct investment to the US.