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The development comes after the National Democratic Alliance government this year broke a 92-year-old tradition of presenting a separate Railway Budget, according to suggestions made by the Debroy committee.
Regardless of how the stalemate ends, the government needs to learn that regardless of its parliamentary strength it cannot take people for granted. A little bit of humility would do it a lot of good, recommends Virendra Kapoor.
This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.
'We take allegations of bias incredibly seriously, and want to make it clear that we denounce hate and bigotry in any form'
For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.
Suspended FIFA President Sepp Blatter and European soccer boss Michel Platini were both banned for eight years on Monday by FIFA's Ethics Committee.
Urjit Patel panel wanted all members to be appointed by RBI
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
The concept of gold as an asset capable of getting anytime money is evaporating.
Here are the key decisions announced by the Reserve Bank of India on Thursday.
Kargil observed it as a 'black day' and leaders in Leh seeing it as an opportunity for development.
As the government plans to take sector-specific steps to tackle the slump, Finance minister Nirmala Sitharaman will soon hold talks with representatives from various sectors to get and take steps so that the confidence of those sectors can be restored.
'We need to confront such people else they will be encouraged to harass more women in the future,' notes HR guru Mayank Rautela.
Gokhale's visit for bilateral consultations is taking place amid renewed optimism that the vexed issue of listing of Pakistan-based Jaish-e-Muhammed chief Masood Azhar as a global terrorist by the United Nations, which has been stalled by China, is headed for a resolution in the coming weeks
'We will resist it.' 'Farmers will not let that happen.'
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
A round-up of all football-related news...
Under the new policy, external advice would be sought for related party transactions that are worth over Rs 2 crore and bidding process would be mandatory for any such contract.
Fed keeps rates unchanged, sets up possible December hike
Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd.
Backloading the government's borrowing programme suggests the finance ministry's confidence in better revenue numbers, says A K Bhattacharya.
The rupee weakened even as the dollar fell against major global currencies
Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.
'If we are terrorists and Pakistanis and Khalistanis, why did your home minister talk to our core committee leaders?'
Exchanges have twin roles: commercial and regulatory.
The Cabinet Committee on Economic Affairs will discuss the proposal to lift the ban on state-owned companies from investing in mutual funds in its weekly meeting on Thursday.
The court noted that Gupta made 'dishonest misrepresentation' before the then prime minister.
All these measures will revitalise the manufacturing sector, which has been in doldrums.
Congress vice-president Rahul Gandhi has called a meeting of chief ministers of party-ruled states to chalk out the party's strategy in the run-up to the general election. The leaders would focus on setting up of Lokayuktas in a time-bound manner in states and curbing food inflation.
The report of the committee could be taken up at the next meeting of Securities and Exchange Board of India.
India's merger and acquisition rules are all set for a makeover, with a panel set up by the market regulator virtually rewriting the Takeover Code. The new rules, experts said, were likely to make M&As expensive, while offering better terms to minority shareholders.
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
Every political party loves to use the bait of loan waiver to woo the electorate. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal Bandyopadhyay.
In the third of a six-part series, Business Standard travels through diamond and textile units in Surat to assess the impact of demonetisation.
The sugar industry clamouring for control and intervention should set the alarm bells ringing in the corridors of power.
2013 foreign currency non-resident deposits to mature in Sep-Nov
