A minor fix in tax laws can make start-ups bloom, says Ajit Balakrishnan.
'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.
This week's collection of stories that prove we live in a truly mad, mad world
HDFC, the pioneer, ICICI, the game-changer, and SBI, the original teaser, turned the market on its head.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
Indira Kannan picks Made in Bangladesh, Greed, Moothon.
'Our aim is not to earn money through the film.'
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
Now, registered projects must disclose a lot of accurate information.
In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.
Read the investor-developer agreement carefully before signing the cheque
The abolition of wealth tax is again a welcome step.
'Nature doesn't bother even if the Supreme Court says it is legal!' 'If something is in the wrong place, it will be damaged or destroyed by nature.'
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
'Breaking down silos and ensuring a more integrated governance process is just as important to performance.' 'It has been a major priority in the last six years, especially in national security,' External Affairs Minister Dr Subrahmanyam Jaishankar points out when delivering the Sardar Patel Memorial Lecture-2020: India and the Post-Covid World.
Fall of rupee is not necessarily a bad thing as it will support exports which will help bridge the gap in current account deficit, Chief Executive Officer of Nordea Asset Management Company Allan Polack said.
'Four times in Indian history, in 1992, 2000, 2007 and now, markets are at 25 times price-earnings.'
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
Consumer durables and electronics companies are putting the final touches to their festive period plans.
Seeking cooperation from the public to fight the pandemic, the Union health ministry officials said there was no need to panic. They also said not everyone needs to wear masks and that following social distancing is more important to prevent the spread of COVID-19.
Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist
'Goa is about community living, but blending in takes time.'
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
'Whenever you roll out: effectiveness is important, operational logistics are important, side effects are important and vaccine hesitancy is important.'
..reject the idea to give ACL slot to ISL; while Bhutia urges to Indian football stakeholders: Drop your egos, work together
White House said Trump strongly believed that protecting environment and 'promoting our economy are not mutually exclusive goals'.
If found with invalid one, the landlord will be in trouble and the tenant could face eviction
In true Karnataka political style, which cuts across parties and loyalties, any reinstatement of Yeddiyurappa, even with adequate legislative majority, could trigger rebellion from within, which could embarrass the Modi-Shah duo than any other development elsewhere in the country, says N Sathiya Moorthy.
At a time when others are cutting on development of commercial property, plans to add 50% more of IT space.
Here's what celebrities had to say about Arun Jaitley's Budget.
India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
'While high-level interventions may help smoothen inter-State relationships, they cannot fundamentally change the alchemy of such relationships, which are firmly rooted in mutual benefits and mutual interests,' points out Ambassador M K Bhadrakumar.
Market regulator also announces measures for mutual funds sector.
'What if Kim is alive as the latest reappearance suggests, but unable to rule?' 'Will his sister be installed as the leader to continue with the Kims's hereditary dynasty that began with the present ruler's grandfather?' asks Dr Rajaram Panda.
'If some measures are implemented quickly, they can help revive growth.'
Customised tailoring: How Raymond, Aditya Birla Group are luring customers with bespoke services to fit the bill.
'That Modi and the BJP can continue to treat the rising and expanding middle class this way shows that they have gamed its mind quite perfectly,' argues Shekhar Gupta.
