'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
However, the Indian capital markets regulator rejected the claim saying it neither received any such request, nor provided any such information to the concerned department in Antigua.
The four officials were asked questions related to the UPA government's '20:80' gold import scheme, which was cleared by Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election
The Rs 11,400 crore PNB fraud saga unfolded after a bribery complaint by the Hong Kong branch of an Indian bank.
Housing Development Finance Corporation (HDFC) Chairman Deepak Parekh on Tuesday said that interest rates may rise owing to higher inflation, but lending rates are unlikely to change in the next one month.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Reserve Bank of India also banned with immediate effect issuance of letters of comfort which, like LoUs, are used by importers to fund their overseas purchases.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government, on its part, is seeking to counter the opposition's offensive by bringing the Fugitive Economic Offenders Bill.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
.jpg)
A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Many from this small lender have made it to other bank boards over the past 5 years
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tuesday was the 12th day in a row that Parliament did not functioned and the current stalemate has entered the third week.
Deal with current owner Exide may be signed next week
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Surjewala alleged that Mehta and his family were allowed to leave India even when there were complaints pending against him with the CBI.
The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Investors booked profits at higher levels despite the growth oriented Budget.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Sensex in green in afternoon trade.
A dummy's guide to all you must know about before availing an education loan
Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.
Delayed project delivery and unrealistically high real estate prices, which developers are unwilling to lower despite piled up inventories, have adversely hit the sector.
Consumer durables and electronics companies are putting the final touches to their festive period plans.
Bharti will move FIPB soon for increasing Axa's stake to 49%
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Shyamvar Pinturam Rai and Pradeep Waghmare. Both erstwhile employees of Peter and Indrani Mukerjea. In the witness stand on Monday, Waghmare came across as a cheerful, straightforward man who is attempting to clamber his way towards prosperity. In the witness stand on Friday, Rai shed his customary jauntiness and broke down weeping, begging forgiveness from CBI Special Judge Jayendra Chandrasen Jagdale.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances