Bookmakers lengthened the odds that European soccer boss Michel Platini will succeed Sepp Blatter as head of global soccer body FIFA, after Swiss prosecutors said they were investigating Blatter over a payment to Platini.
Currently, the select committee is considering the Bill.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
'The idea behind the new rules is that slaughter markets must buy directly from the farms as is the case in the bloody world.' 'The cattle markets have become centres for the organised beef mafia.'
While Raghuram Rajan's departure under these circumstances is a pity, it would be wrong to conclude that the RBI or the economy cannot do without him.
The mechanism would also need to have necessary safeguards to protect whistle-blowers from victimisation, while checks would also be required against any misuse of this facility aimed at encouraging directors and employees to report genuine concerns and any wrongdoings at their company.
To cut interest rates, the central bank head has to open up a debate on inflation target revision.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
A former Maoist speaks to Shobha Warrier
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
The Supreme Court order has created a new legal framework for coal mining by ruling that only the Union government and its entities can do it.
Historically, Mumbai has been the cinema capital of India and for her to have a film museum of this kind was perhaps a natural happening.
Each scam that comes out in the open shows the regulators to be miles behind.
The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
Don't believe us? Then listen to the expert. Harish Rao dispels myths about Ola and Uber's dynamic pricing model and explains why government interference in it finally hurt us, the rider.
'The writer remains the most creative force in the process.' 'Producers need to be inventive in how they reward good writing.'
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
Chief Minister Edappadi K Palaniswami and Deputy Chief Minister O Panneerselvam led the strike against the Centre.
The Akali Dal, an ally of the BJP, has written to the parliamentary committee opposing certain clauses in the land acquisition bill. A Ganesh Nadar/Rediff.com speaks to Akali Dal MPs to find out why they oppose the controversial legislation.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Swiss police raided the headquarters of the European soccer body UEFA on Wednesday to gather information about a contract signed by Gianni Infantino, now head of the global soccer body FIFA, that was reported in the Panama Papers.
Slush fund allegedly used to buy votes for the World Cup, claims report
'We are learning from every patient who is admitted, treated and discharged.'
Contracts will be given for five years, in a transparent manner
Oil price have started rising as President Barack Obama's efforts to win backing for a military strike against Syria cleared its first hurdle.
Markets, banks, business establishments and educational institutions were closed and transport services were suspended.
Investors must withdraw funds, open a new trading account and transfer assets.
The ministry of defence has bought two regiments of the indigenous Pinaka multi-barrelled rocket launcher for Rs 3,230 crore.
The government plans to raise resources to finance capital spending beyond the Rs 3.10 lakh crore budgeted for 2017-18 through higher borrowing or divestment receipts.
New foreign trade policy to stress manufacturing exports.
The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.
The BSE and the NSE have also been asked to provide inputs.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
Summary of sports events and persons who made news on Thursday
Theft of gold from five packets had been reported to the police on January 16, 20, April 30.
The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
'If the RBI board forces the management's hand on all the key issues, it should be prepared for resignations by the governor and the key deputy governor, Viral Acharya,' warns T N Ninan.
