India needs to create buffers for future economic downturns.
"A very easy solution to suggest is tax-payers must pay because the private sector has defaulted," Jaitley said, adding that bank recapitalisation, where the government puts in more capital in public sector banks to shore up their books, effectively amounted to that. "Therefore, I think let's try and make the private sector pay for their debts or allow somebody else to step in."
Experts suggest six ways to play stocks that tank suddenly and make money as Sanjay Kumar Singh listens in
Third of faculty positions vacant. One per cent seats empty. New institutes lag in infrastructure, research.
US country head, key departmental heads leave; more likely to follow.
In February 2012, Laundry Project opened its first factory in Chennai. Initially, it catered to hotels - Taj, Oberoi, Marriot, Ascot and Radisson.
Nearly two decades ago, then defence minister George Fernandes said: 'China has built roads up to the border, while there has been negligence on India's part.' Since Fernandes uttered these brave words, what has been done on the Indian side? The Modi Sarkar is apparently trying, but little has been achieved so far, says Claude Arpi.
Marking the end of strict banking secrecy practices, Switzerland earlier this month agreed to automatic exchange of information and mutual administrative assistance in tax matters with overseas authorities.
News of all that's transpired on and off the football field
Ganguly had said India will lock horns with England, Australia and one other top cricketing side in an annual ODI series starting 2021.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
Investors in international funds should have a horizon of more than five years. Not only will this help them overcome equity and currency volatility, it will also help them enjoy better tax treatment, says Sanjay Kumar Singh.
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
The challenge of merging Ranbaxy into the company has not been factored in.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
The power of judicial review is being stretched to breaking point.
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
Indian companies seem to be trailing behind. They will have to catch up by reskilling the workforce and ramping up investments.
Move is aimed at bringing private operators to run airports.
Schools adopt international curriculum, that requires increased number of non-classroom experiences.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
The much-awaited soft launch of Reliance Jio's next-generation mobile services has been delayed by another month.
Avoid fresh investments, as there might be more opportunities in the coming months, market experts tell Joydeep Ghosh
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
Users send a message on the app and a virtual assistant responds.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
Akash Banerjee is posing tough questions to the establishment -- and getting away with them.
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
Various domestic companies such as Ranbaxy, Wockhardt and Agila Specialities recently came under the US FDA scanner for lapse in manufacturing practices.
Radio taxi service provider Meru Cabs is planning to put in place the next level of driver verification, one liked to biometric identification tool Aadhaar.
Over the last decade the Indian film industry has reinvented itself. Do film critics need to do that too?
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
The Tata-SIA airline Vistara is gearing up to station an indigenously developed robot, RADA, at its signature lounge at Delhi airport's Terminal 3. Powered by AI, the robot is programmed to scan boarding passes, provide information on the terminal, departure gates, real-time flight status and weather conditions of destination city etc. And RADA can also entertain people by playing games and multimedia content, says Sangeeta Tanwar.
Saudi Arabia is insisting on 'In Kingdom' total value-addition requirements
The Qatari-owned PSG paid 222 million euros ($263 million) to take the Brazil striker from Barcelona to the French capital in a move that also appears to make little sense for the player from a footballing perspective.
Sensex closed 63.82 points higher at 26,851.05 in Muhurat trading; Nifty rises 18.65 points to end at 8,014.55.
It see modest improvements such as a fingerprint sensor.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances