The lawsuit seeks an injunction to stop the entire rule from going into effect.
Colonel Anil Athale (retd) recalls how the Battle of Panipat, 258 years ago, changed the history of India for the next century and half.
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
An empowered group of ministers headed by Defence Minister A K Antony is to consider an Oil Ministry proposal of abolishing the priority ranking according to which natural gas is first given to urea manufacturing fertiliser plants, then to LPG units, followed by power plants, city gas, steel and refineries.
If you take the minimum wage to Rs 15,000 tomorrow, the choice may not be between Rs 8,000 and Rs 15,000; it might be Rs 15,000 or nothing, says T N Ninan.
To attract capital into infrastructure projects, the ratings system needs a fresh look.
Participants are keenly waiting for the January IIP.
Sun Pharma's market capitalisation stood at Rs 100,050 crore on December 5, with its share price closing at Rs 417 a piece - lowest since March 2013.
Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
The negative aspect about the Budget is that the capital expenditure has been marginally cut to achieve the fiscal deficit target assumptions, and the onus of sustaining investment demand till private capex revives continues to vest with the public sector enterprises, notes Jyotivardhan Jaipuria.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Most Asian stock markets steadied on Wednesday.
RIL, ICICI Bank, Tata Motors and ONGC alone contributed to a 100 point cut seen on Sensex.
Currently, only three have completed more than six months of operation in the space - Fino Payments Bank, Airtel Payments Bank and Paytm
'Restrict the amount of time you spend on social media.' 'We have people who are glued to it from morning to night, which is certainly not what we recommend.' 'And do not take the stuff that you read on WhatsApp as sacrosanct.' 'A lot of it is absolutely nonsense.'
Other income stood at about a quarter of PBIDT in the first 9 months of 2013-14
Oil imports are a third of India's total import bill.
'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
India has been ranked at 142 among 189 countries in the latest World Bank's "Ease of Doing Business" report, a drop by two places from the last year's ranking.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
A senate panel has approved a legislation which blocks $300 million United States military aid to Pakistan.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Its 'failure not just affects the military's effectiveness but could also be politically vulnerable for the BJP,' observes Ajai Shukla.
Technical rallies and short covering may arise only if the markets break this 500 point band
'Once the military starts to draw up plans for using nuclear weapons, then nuclear weapons could be used earlier in a crisis than otherwise.'
The concept of gold as an asset capable of getting anytime money is evaporating.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
