Bankers seem to be pleased with the government for keeping its promise of not interfering in operational matters, but are apprehensive about the intense scrutiny of their functioning.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
A mistake here can prove costly.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Of the 40 CEOs polled from across the country, 60 per cent identified a fractured electoral mandate as a bigger risk than trade wars, volatile oil prices, and inflation.
11th-hour debt restructuring programme offered no concessions to creditors
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Slowdown persists in China. India's GDP estimates for 2015-16 are liable to be pared; projections for 2016-17 are lacklustre.
Getting locked into instruments before the new regime kicks in would be a good strategy.
IMF believes it is mostly cyclical, not structural, but because of the financial sector issues, recovery will be not be quick. IMF said, it saw an opportunity with the strong mandate of the new government to reinvigorate the reform agenda to boost inclusive and sustainable growth.
Frozen mutual funds and shares worth Rs 86.72 crore belong to Choksi and his group, and the rest are owned by the Modi group.
The fiscal deficit in current fiscal has been estimated at 3.9%.
At a time when the asset quality of state-owned banks is deteriorating, the Reserve Bank of India is also planning harsher penalties for wealthy promoters of wilful defaulters.
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
'Make sure your public hospitals work.' 'Don't allow people to go shopping for expensive services; provide them yourself as the government and then charge them very little or nothing at all.'
The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth
Kerala Union of Working Journalists decided to boycott the press meets called by the BJP after saffron party workers attacked mediapersons.
The over Rs 15,000-crore Hyderabad project comprises 72 kilometre of elevated metro rail line and six million sft of transit-oriented development.
Startup may get some relation from Sebi for listing firms.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
If net forex outflows turn out to be relatively high in the next few years, the rupee could depreciate beyond Rs 80 to a dollar by 2022. The causal reasons could, for example, include unmet expectations of FPI and FDI investors about the performance of the Indian economy, sharp rise in prices of imported oil and decrease in FX remittances. The RBI has to ask itself whether guaranteeing future rupee-dollar exchange rates on FX forward contracts is a reasonable way to use its risk-bearing capacity, says Jaimini Bhagwati.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
Andhra Pradesh now comes third in ease of doing business.
'Modi wants to reverse everything Nehru did, but is shy of touching his daughter's most unwise policies.' 'There is no example of this more stark than bank nationalisation,' says Shekhar Gupta.
The meeting will be attended by all heads and EDs of public sector banks
The much-awaited offer is also seen as a test case for revival of big-ticket sales in the primary market.
The Street is never short of hope and events to look forward to
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
American Tower bulks up in India with $1.2 billion Viom stake buy
Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
The hype surrounding the Budget gives it undue importance.
Apple Watch is expected to be available for preview from April 10.
Dy Governor notes it's an era of job changes for better.
What Shekhar Gupta would have really liked to know from Pranabda: Why did Sonia prefer Dr Singh to him as PM? Why did he deny finance first, why did he accept it 5 years later, and why did he make such a mess of it? How did he force Sonia to nominate him for President and not Hamid Ansari? And how does he justify that most toxic legacy -- the Vodafone tax amendment?
'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.
The S&P BSE Sensex has gained 149 points to open at 25,802.
Economist Arvind Panagariya has also argued for loosening deficit targets to boost capital spending
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
There can't be a parallel inquiry and parallel monitoring by the courts, Attorney General K K Venugopal told the court.
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