The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
67 companies with total debt of Rs 5.65 lakh cr were either loss-making or didn't generate enough profit to cover interest cost in FY15
'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'
The markets gained nearly 7 per cent in the 4 trading sessions of March.
The final agriculture GDP numbers for 2016-17 are expected to be revised up, as rabi production is looking really good.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
Though the summer is expected to be hotter, global and domestic forecasts point to good rains.
In the run-up to the Union Budget, expected to be presented on July 10, this paints a grim picture for Finance Minister Arun Jaitley.
The idea of the payment banks is to provide access to banking for people, especially in rural areas.
Electricity generation has outperformed the industrial production index for five months in a row this financial year, even as the broader economy is struggling to grow.
There are some advantages of a falling rupee.
The greatest disconnect lies in the estimates of industrial growth.
The gap between expenditure and receipts totalled Rs 3.98 crore (Rs 39 million) over the April 1-August 31 period against the Rs 5.31 lakh crore(Rs 5.31 trillion) pegged in the Budget for 2014-15.
A lower base could be part of the explanation but not all.
For PPP projects, clause on consent requirement could be abolished or brought down to 50% of land owners, against the current 70%
Some experts, however, see a silver lining in the fall and said the volatility has come down sharply and that bodes well for the Indian currency
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
During the UPA government's second term in office, rural India's consumption expenditure grew at a faster pace than urban India's - for the first time since 1991.
States need to create alternative marketing structures for farm produce since middlemen also provide vital services that are otherwise unavailable to the farmer.
Faces are important in India, because people connect with people, not concepts.
Print's credibility, and its power to give readers control of how much time they spend, makes it a strong medium.
