Not only were Urjit and Rajan outsiders, they also hired laterally, bypassing the existing talent, especially in the field of economics
There isn't much Budget could do directly to help sectors.
The US Federal Reserve has decided to keep its stimulus programme intact and this in turn will lead to some respite for the battered emerging market economies, but it should also be borne in mind that tapering is inevitable in the medium term.
Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
The Indian government and RBI must keep foreign equity investors happy and avoid crushing growth expectations, notes Akash Prakash.
The Congress president alleged that the Bharatiya Janata Party deceived people and siphoned off hard-earned money of farmers, poor, small businessmen to fill the pockets of the country's 15-20 big industrialists.
Start 2017 with these five simple financial resolutions and you will put your family on solid ground financially, says D P Singh, executive director and chief marketing officer, SBI Mutual Fund.
The government has decided to construct cruise terminals at Mumbai, Goa, Mangalore, Kochi and Chennai.
'Kejriwal has read the Constitution, still he misused office to benefit his MLAs.' 'If the BJP and Congress are wrong, does that mean even you will do wrong things?' 'So how is Kejriwal different from the others?'
Rejecting Congress' charge that projects he has been inaugurating in recent months were all started during their time, he said, as prime minister, he would have been happy if the projects were completed 15 years back and led to creation of jobs.
The 'China model' will command less respect in India, which could help improve policy formulation.
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
The next edition of attachments will be carried out under sections of the Criminal Procedure Code
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
Privatisation or consolidation into half a dozen large banks might not rescue public sector banks from the crisis they find themselves in.
The Income Tax department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme ends it will be very tough for hoarders.
Former India footballer and hero of the 1956 Olympic team, Syed Abdus Salam is bed-ridden and facing a financial crisis.
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With uncertainty looming large over Indian markets, retail investors can increase their exposure to US funds.
The demonetisation move will force the Modi government to battle with a policy dichotomy, says N Sathiya Moorthy.
For the year as a whole the price is expected to average $1,270, which compares with the year-to-date average of $1,289.
Raju pleaded for leniency citing his philanthropic activities.
Rbi cut rates for teh third time to ease economic situation.
For fast-moving consumer goods, growth is likely to be tepid.
'China has reclaimed, after two years, its mantle as the world's fastest-growing large economy.' 'This, when its working age population is shrinking, while ours is growing.' 'And talking of jobs, China expects to create 11 million urban jobs this year; for India, don't ask,' says T N Ninan.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
'Never has this happened in the state's political history -- that every class of people is unhappy.'
According to Rahul Rege, business head (retail) at Emkay Global Financial Services, it is difficult to track more than 10 stocks.
Banks get bonds boost to raise funds for core sector; up to Rs 50 lakh of home loans in metros and Rs 40 lakh in other cities not to have CRR, SLR requirements
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
It observed that there is no record of the money meant for the welfare of construction workers.
Prime Minister Narendra Modi on Sunday made a strong pitch for India's self-reliance in defence production, saying it has to be ensured that the weaponry and equipment its soldiers carry should be "the best in the world".
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
Why should Reliance Digital position itself as an alternative to Chadhaji's store? It simply doesn't make good business sense, says Sudhir Bisht.
Eight franchises collectively spent Rs 91.15 crore to buy 66 players from a pool of 350 plus that went under the hammer.
An investor would pay much less when he invests through a registered investment advisor than a distributor.
