Rajan tells RBI colleagues he will be returning to academics
LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.
Even if Modi had wanted Rajan out, the government could have done it with some finesse and tact.
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
'Against the backdrop of difficult administrative, political and economic problems, Imran's temperament and staying power will be the subject of intense expectation and public scrutiny,' says Rana Banerji, who headed the Pakistan Desk at the Research and Analysis Wing, India's external intelligence agency.
If banks won't lend, seek a loan from fintech lenders or P2P platforms to help you get out of a debt trap.
"Crores of Muslim women had always demanded that triple talaq should be banned, as it is also banned in Islamic countries," he said.
Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes were spoken of. Here's what happened in Parliament.
MCX has been struggling to raise funds with a rights issue, ending on Thursday.
Former RA&W chief A S Dulat, who served as Atalji's adviser on Kashmir, gives us an insider's glimpse of a prime minister he has hailed as the 'greatest after Nehru'.
Whichever way the verdict goes, it will be a win-win for Tamil Nadu Chief Minister J Jayalalithaa ahead of the assembly election next year. A favourable verdict, it will be a boost for her because she took the decision to release the convicts. She will once again try to usurp the Tamil card and use it to silence her political rivals. If the verdict goes against her, she can still claim the moral high ground. R Ramasubramanian explains.
Appraising Rediff.com about the meeting, a source close to Dr Singh said Modi sought Dr Singh's advice on the economy and foreign policy. Dr Singh told Modi that he concurs with the Reserve Bank of India's concerns about the Indian economy.
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
FM he did not come down hard on Rajan to cut rates
The apex court had on December 4 last year, reserved the verdict after hearing counsel for corporate honchos and the Central Bureau of Investigation.
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
The intial round of efforts did not achieve the objectives fully.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
The agency has registered a case against Roy, his wife Radhika and RRPR Holdings for allegedly causing losses of Rs 48 crore to ICICI Bank, CBI sources said.
A look into the state of Dalit entrepreneurship in the country.
A $28,500 deposit was made to the account of slain gunman Syed Farook, a media report has said.
The apex court's order came after the advocate appearing for the former chief minister's wife, Dangwimsai Pul, said Chief Justice of India J S Khehar should not have ordered this issue to be taken up in the judicial side as there are serious allegations.
'If ever there was a decisive moment in the history of the Supreme Court where it has been under attack by the Executive, and the judges have boldly stood up for independence of the Judiciary, that time was now.' 'These four judges did a brilliant thing, they set an example.' 'They showed that they were fulfilling their duty to the Constitution and to God.' 'Don't allow fear to dictate your actions was their message.'
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
As India rises, creating niche areas for itself in the Asian landscape, China and India are bound to step on each other's vital areas of importance, says Srikanth Kondapalli.
Bank claims it wasn't quizzed by CBI, only financial information was sought.
'India needs to adopt a more proactive policy of triggering exports to China.'
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.
The promoters, instead, raised it to 63.15 per cent, while reporting they'd brought it down to 28.6 per cent.
One of the urgent tasks ahead for the new government should be to improve public trust in the executive.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.
Chinese President Xi Jinping arrived in Ahmedabad on Wednesday on a three-day visit, which is expected to define the relationship between the two neighbours who have had a troubled past.
A combative Congress President Sonia Gandhi on Wednesday mounted a blistering attack on Prime Minister Narendra Modi, accusing him of running a government "of some people, by one person for a select few" and said he has not much to showcase even as the government completes one year.
Since the court had earlier questioned distribution of mining rights through the screening committee route, experts say the solution worked out would be weighed on the basis of legality.
Over 20 political parties, except the Biju Janata Dal and the Communist Party of India-Marxist-led Left Front, took part in the massive rally.
A heavy agenda including the ordinance on the Food Security Bill awaits the Monsoon session of Parliament beginning on Monday amid expectations that the short sitting will be more businesslike and smooth as compared to the din and dust in the last few sessions.
Your social media profile may soon be your ticket to a loan or a credit card, says Abhishek Agarwal
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