The HR challenge seems to be one of the most important issues that RBI Governor Shaktikanta Das will have to tackle.
The Indian economy appears to have slowed down in 2018-19 due to lower private consumption, tepid growth in fixed investment and muted exports, a finance ministry report has said.
The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.
The Reserve Bank on Friday said the agriculture growth will be muted this fiscal on account of the impact of poor monsoon on kharif crops.
The blaze broke out on the first floor of the Prospect Avenue apartment in the Bronx borough of the city and spread quickly, officials said, adding that the cause of the blaze is under investigation.
'As his close associate Som Pal told me, "Mandal was never V P Singh's brainchild. It was a Janata Party commitment he inherited".' 'He would have done it anyway at some point, but the specific timing of his decision was dictated entirely by political exigency -- his government was threatened.' 'It also turned out to be a game changer in Indian politics.'
The central bank raised statutory liquidity ratio, the portion of deposits that banks are required to keep in government securities, by 100 basis points to 25 per cent. Other key rates were unchanged.
Kamala succeeded as she identified herself with the larger minority groups rather than narrow ethnicity, prodded by her mother who did not want to return to India, observes Ambassador T P Sreenivasan, who has done multiple stints in India's embassy in Washington, DC.
Indian-American governor of Louisiana Bobby Jindal has been named as one of the '10 people who could change the world', according to British magazine New Statesman and Society.Hailing Jindal as the 'Saviour of the Republicans', the magazine describes him as, "Perhaps the best prospect for revitalising a Republican Party that has just started its tour of the wilderness, with little else to keep it going other than the sustenance provided by occasional caribou kills by Palin.
'In a party run by 'two-and-a half men', Kovind fits the bill perfectly because, unlike the BJP's previous choice for the Presidency, A P J Abdul Kalam, he is unlikely to return a bill as Kalam did with the office of profit legislation,' argues Amulya Ganguli.
As President Biden moves ahead with a new 'strategic concept' for China and Russia, the going is bound to get rough for the US and its G7 partners, notes Ambassador T P Sreenivasan.
To snatch a state government out of Congress hands is therefore a high-stakes game with national political implications, for it denies the party the essential fuel to run effective election campaigns, notes T N Ninan.
Rajan expressed concerns on pressures on the services front.
India's political infighting is denting business confidence.
The broad contours of their assignment are expected to be making independent assessment of recovery prospects, and estimating haircuts for restructuring cases.
The brewing discontentment in the party may adversely impact the TMC's prospects in the next assembly polls due in April-May next year.
Reserve Bank of India (RBI) Governor Raghuram Rajan's decision to cut rates last week surprised even top officials.
The reduction of tension on the Chinese border may have reduced the urgency of a Biden-Modi meeting, but the sooner Modi starts a bromance with Biden the better as he had done with Obama and Trump, suggests Ambassador T P Sreenivasan.
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand. The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity.
Investors will see that India story actually continues to be a good one, he said.
For 2015-16, IMF pegged India's growth rate at 7.5 per cent.
Regarding alliance with the Congress, the Sena's political rival till recently, Raut said leaders of the country's oldest party have contributed to freedom struggle as well as development of Maharashtra.
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
'Each of them is a setu (bridge) that links the government with the party, but their territories are different.'
Stating that all aspects of the 400-crore water tanker scam of the Delhi Jal Board are being analysed, the ACB on Monday said that it would question all accused very soon.
Current and former US intelligence officials told The Washington Post that Trump, in the month of January and February, had repeatedly ignored warnings conveyed in issues of the US president's Daily Brief, a sensitive report that is produced before dawn each day and designed to call the president's attention to the most significant global developments and security threats.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
In a recent article, Rajan has ridiculed critics of the exchange rate policy.
Indian American banker and politician Neel Kashkari, running for the post of California governor, spent a week posing as a penniless vagabond looking for a job, in an attempt to highlight the importance of jobs in the key US state's weak economy.
Reserve Bank Governor Bimal Jalan on Saturday asserted the economy would achieve higher growth rate this fiscal in the face of strong economic fundamentals and good monsoon.
The Tamil Nadu Assembly on Friday passed a bill providing internal reservation of 10.5 per cent for Vanniyars, a most backward community in government jobs and in admission to educational institutions.
RBI data show one-fifth of all the infrastructure loans are stressed and the share of such loans in overall stressed assets is nearly a third.
Reserve Bank of India Governor Y V Reddy has said the country needs to put in place 'special defences' to face the prospect of volatile capital flows.
the three investors that have submitted their final bids are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is that PMC may lose its cooperative bank characteristic after its reconstruction.
US dollar was firm against global currencies in overseas markets on rising prospects for a rate hike by US Federal Bank, which hit the rupee sentiment
The 56-year-old leader, daughter of PDP founder Mufti Mohammad Sayeed, will take oath of office at Raj Bhawan in Jammu on Monday at 11.00 am.
Speaking at the Delhi Economic Conclave in New Delhi, Reserve Bank of India Governor Raghuram Rajan said the central bank will come out with a discussion paper next week with regard to distressed borrowers and rising non-performing assets.
New Delhi was reluctant to spook investors by clipping the bank's wings
He said cheap valuations, improving sentiment and the ongoing reform momentum coupled with increased transparency due to the internet are driving investors to the Dalal Street.
'I could have joined the BJP in 2014, the doors were open.' 'I stayed on with the TMC, a party I was involved with since its very inception.' 'But today enough is enough.'
