Progress on several parameters creates a tipping point situation.
22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.
The RBI has also been asked to consider displaying this information on its website.
Low oil prices also means effectively transfer of wealth from the producing nations to the consuming nations
Market regulator also announces measures for mutual funds sector.
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.
'India has benefited from lower oil prices and remains the fastest-growing large economy in the world.'
The view is that the attention on the national team is fleeting, incidental and dependent on the results they produce.
The major beneficiaries have been the ministries of roads and highways, railways and power
Income from renting of properties is taxed at a flat rate of 10%.
The minister plans to reinstate the Railways as the backbone of the economy
He is the man behind Blackstone's India strategy
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
The business council aims to give impetus to trade.
The total earnings in Q1 rose 14.54 per cent, while working expenses grew at a measly 4.22 per cent.
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
In 2011, India's share in global nanotechnology research publications had reached six per cent from a mere two per cent in the year 2000, the study found.
All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, says Financial Services Secretary Debasish Panda.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
Post office savings deposit, recurring deposit accounts and the senior citizen savings scheme account have shown the highest growth in the current financial year.
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
energy is India's binding supply-side constraint for inclusive growth.
IMF MD Christine Lagarde hailed the government's latest Budget.
'Any future course of action towards active participation in the alliance when formed would need a lot of deliberation, long term vision and should be in our best national interests,' notes Commodore Vengalil Venugopal (retd).
Budget for women and children welfare increased from Rs 1,56,528 crores to Rs 1,84,632 crores for 2017-18
'If you look at this Budget, except for the Rs 2 increase in petrol and diesel, there is no positive or negative impact from the Budget for the common man.'
The Bharatiya Janata Party lined up several promises, including a legislation to protect traditions of the Ayyappa temple at Sabarimala and a law against "love jihad", while assuring employment for at least one person from each family and free laptops to high school students, in its manifesto for the assembly polls unveiled in Thiruvananthapuram on Wednesday.
Japanese Prime Minister Shinzo Abe's $12-billion loan at an incredibly low interest rate may have trumped China's aim to enter the enormous Indian Railways market, notes A K Bhattacharya.
The NDB will have an initial authorised capital of $100 billion.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
Apart from key bilateral issues, the two leaders also discussed situation in the region, particularly in wake of the increasing threat of terrorism and extremism from various sources including the Islamic State militant group.
Indian economy about to take-off
'Revival is happening slowly.' 'But that is, if the pandemic is controlled.'
However, the budget arithmetic is slightly optimistic.
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
Banks are in need of government support to manage the stressed assets
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
The one-size-fits-all approach adopted by the AICTE is not suitable for regulating business schools in India, argues Asish K Bhattacharyya.
