None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.
Nultiple regulators are probing the nexus of scamsters with diamonds after a state-run bank got defrauded of $1.8 billion by designer jeweller Nirav Modi.
In October, OnePlus said, it recorded Rs 500 crore of revenue in only the first two days of the festive sale on Amazon.in. The firm is looking at going beyond the metro cities by scaling up its offline stores to over 5,000 and setting up more than 100 'experience centres' in the top 50 cities by next year.
Export of mango, especially alphonso, to European countries has been negligible this season; shipments to the Gulf fell 40-50 per cent.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Some 8.5 lakh chemists across the nation on Wednesday downed their shutters demanding action from the government against "illegal" online sale of medicines.
Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.
I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.
After six weeks into the second half, the faltering offline channel, which traditionally rakes in 60 per cent of sales for the market, has become the biggest hurdle towards the path of revival.
To beat its rivals, Nokia has done what most Chinese brands did soon after they entered the Indian market. Tied up with a well-known Bollywood actor as endorser, associated with cricket and established fan engagement initiatives, reports T E Narasimhan.
The World Health Organisation and the International Pharmaceutical Federation have joined hands with the Indian Pharmaceutical Association -- the national body of pharmacists in the country -- to upgrade the quality of services of 5.5 lakh pharmacies
Deficient rains in west, flooding in north play havoc with crop cycles.
Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery.
IndusInd Bank, has recently launched www.themorestore.com only for its credit card and debit card holders
23 Yards will include body wash, beard oil, shaving gel, deodorant and sanitizer.
Popular sweetmeats are costing a staggering 35% more on spike in sugar prices, veggies are up due to intermittent rainfall the past one week
The Advertising Standards Authority yesterday ruled that the company has shown an 'unfair' comparison in the advertisements to claim that a selection of goods sold at its stores are cheaper than those of rival retailers Asda and Wm Morrison. ASA said that 'ads must not appear again in their current form,' as it found that 'both ads were likely to mislead.'
The aim of the exercise was to further simplify GST forms and make the filing process more user-friendly, the finance ministry said in a tweet, reports Dilasha Seth.
Unless we control the coronavirus, we are going to struggle to get our economy and country back on track. The spectre of the virus haunts recovery, warns Naushad Forbes.
Some of the players in the GST race are Payworld, Dell, Tally Solutions
Arvind Ltd would pay $3.2 million to Ralph Lauren to settle a lawsuit the US-based luxury fashion house filed in 2013.
As part of the deal, Padukone will own equity in Drum Foods.
Gitanjali Gems and Firestar Diamonds together account for 5.8 per cent of the diamond and jewellery trade in India.
Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Here are some answers.
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Online retail is increasing market share rapidly.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
Trading for long around Rs 75 a kg in Himachal Pradesh, they have risen in a week to Rs 90 a kg. In Jammu & Kashmir, it has gone from Rs 45 a kg a week before to Rs 55 a kg
Experts attributed the inflows to sudden rally in gold prices, mainly due to uneasy trade negotiations between the US and China and lower than expected global GDP growth.
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
A customer wanting to buy a car would have to wait a long time for delivery.
According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
A board position requires one to hold at least 3 per cent of the outstanding shares. Binny holds around 5 per cent stake in Flipkart
From farm to kitchen: Nestle reveals Maggi's secret recipe.
India may not be prepared to meet US demands, say experts
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
Shutting of stores had not stopped alcohol sales. On the contrary, it had increased black market operations and peddling of illicit hooch, which could cause death/serious injury.
Since most banks have tightened lending to diamond merchants and others are about to do so, many medium and small diamond dealers are approaching large players for credit facility within the industry
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