India has a long way to go before it develops a culture of professional boards accountable to institutional investors. There is, therefore, no realistic alternative to reforming and strengthening PSBs under government ownership, says T T Ram Mohan.
Mr Modi, it came across, did not want to be seen as favouring any one business group.
On February 22, 2013, the Reserve Bank of India issued guidelines on 'Licensing of New Banks in the Private Sector'.
Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings
Soon after the BJP lost the 2004 election, the stockmarkets went into unprecedented free fall. Then SEBI Chairman G N Bajpai reveals how his firm handling of the situation restored confidence and soon the markets were back to doing what they do best -- make money. A revealing excerpt from his book, A Game Changer's Memoir.
The main issue has been that of a higher Asset Management Ratio as has been prescribed by the Monetary Authority of Singapore for qualifying full banks from India.
The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
More companies with unconventional business models to get into messy legal hassles in India.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
The Budget will obviously be crucial. But US President Donald Trump may have even more of an influence than Finance Minister Arun Jaitley when it comes to sentiment, argues Devangshu Datta.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
A glance back at some of the important ups and down Indian Inc faced in 2018.
There will be higher charges for bank account-holders.
Finance Minister Arun Jaitley presented the Union Budget.
Retired banker P Balagopala Kurup says one of the reasons he favours inflation targeting is that its first priority is to insulate the lesser fortunate citizens from adversity and in the process to ensure that the economy retains its inherent vibrancy and strength.
Slow pace of reforms in India is disappointing: Faber
Economist Dale W Jorgenson declares that India is doing "very, very well" and forecasts that India might continue to outrun world economies, including China over the next many years.
Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.
The government has provided a long-term vision.
NDA government has shunned populism.
With EU, it is part of the FTA that we will need to negotiate.
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
Indian economy about to take-off
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