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.
The fiscal deficit in current fiscal has been estimated at 3.9%.
The over Rs 15,000-crore Hyderabad project comprises 72 kilometre of elevated metro rail line and six million sft of transit-oriented development.
'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.'
IThe fiscal deficit target for 2020-2021 was originally set at 3.5 per cent of GDP. But the government's revenues have collapsed and its expenditure burden will only increase over the Budget estimates.' With the government having already planned for an additional borrowing of over Rs 4 trillion, the fiscal deficit for the current year would be much higher than the Budget estimate, notes A K Bhattacharya.
Startup may get some relation from Sebi for listing firms.
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.
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 crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth
Andhra Pradesh now comes third in ease of doing business.
The meeting will be attended by all heads and EDs of public sector banks
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
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
Kerala Union of Working Journalists decided to boycott the press meets called by the BJP after saffron party workers attacked mediapersons.
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.
American Tower bulks up in India with $1.2 billion Viom stake buy
'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 hype surrounding the Budget gives it undue importance.
Apple Watch is expected to be available for preview from April 10.
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
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.
Dy Governor notes it's an era of job changes for better.
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.
Economist Arvind Panagariya has also argued for loosening deficit targets to boost capital spending
The S&P BSE Sensex has gained 149 points to open at 25,802.
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?
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya's ailing Kingfisher Airlines against the run of play, e-mails and letters claiming this and accessed by CNN-News18 indicate.
Keep regular track of financials, including cash flow and management changes
India Inc has too much on its plate to ensure double digit growth in FY16.
Kiran Kumar Grandhi, 38, was earlier in charge of the urban infrastructure and highways business, which contributes five per cent of the Rs 10,000-crore revenue of GMR Infra.
There can't be a parallel inquiry and parallel monitoring by the courts, Attorney General K K Venugopal told the court.
She needs to find innovative ways to at least match the growth during Gehlot's rule.
What's a job got to do with your CIBIL score? Surprised? Well, here's the connection
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.
