The Reserve Bank of India (RBI) will have to take far more pro-active steps to rebuild forex reserves, because if the status quo remains, rupee could touch 75 per US dollar by the end of 2014, Bank of America Merrill Lynch said in a report.
A day after Bharatiya Janata Party released a video attacking Congress president Sonia Gandhi's son-in-law Robert Vadra, Uttar Pradesh Chief Minister Akhilesh Yadav defended Vadra and accused the BJP of blowing the issue of the land deals out of proportion. He also slammed the BJP's prime ministerial candidate, saying Narendra Modi's name meant model of diving India.
Diplomatic channels activated to keep India eligible for soft loans from World Bank affiliate, though rules show it's probably time we made way for the needier others.
'Each of them is a setu (bridge) that links the government with the party, but their territories are different.'
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
'China would rather tie us down; and bleed us as much as it can so that we aren't able to lift our heads to face them.'
The share capital of the company is Rs 1 crore (Rs 10 million).
The Reserve Bank on Friday said the economy would grow by 5 to 5.5 per cent in the current fiscal, pinning its hopes on good farm output and improved exports.
NITI Aayog has a dual role of a monitor and advisor.
A 31-year-old Indian-American, caught in a Federal Bureau of Investigation sting operation, faces up to 15 years in prison after pleading guilty to providing thousands of dollars in material support to three terror groups operating under the Al Qaeda in war-torn Syria and Somalia.
A week after her hate speech that triggered widespread outrage, Union Minister Sadhvi Niranjan Jyoti on Monday addressed two rallies in the capital including one at Trilokpuri of East Delhi which had witnessed communal clashes last month.
Gains were led by index heavyweights with Reliance Industries contributing the most.
Modi isn't going to voters on his track record but on the fear of the terrorist across the border and the Muslims within. It's a battle on his terms, says Shekhar Gupta.
Vistara has expanded its network of agents.
The Reserve Bank is likely to continue buying dollars from market to add to its reserves in the coming months, which has crossed $300 billion, says a report.
A recent Salem event was perhaps the first time many in the crowd were seeing Jayalalithaa in person in the past five years. A brief stint in jail had made her more reclusive. But none of that seemed to matter.
Even Charlton Heston intervened on his behalf.
Attacking Prime Minister Manmohan Singh over the proposed Food Security Bill, Gujarat Chief Minister Narendra Modi said the bill, in its current form, will push the country toward "malnutrition".
Every day when Akhilesh returns after a joust with political adversaries to his Camelot, which is Lucknow's 5, Kalidas Marg, it is time to hold court with advisors and loyalists.
Education is not simply a private affair whereby we can say that good money buys good education and little money buys not-so-good education, says Shubhashis Gangopadhyay
The AAP has alleged that the ink attack on Chief Minister Arvind Kejriwal was part of a "big rehearsal" to possibly "physically harm" him in future.
Delhi's air is a desperate problem, but some of the solutions have been too desperate and unthinking.
Delhi CM Arvind Kejriwal apologises for not stopping the event and making a speech after the incident.
As Ashraf Ghani and Abdullah Abdullah form a joint government after contesting the presidential election against each other, Prakash Bhandari reports from Kabul on the problems facing the new, US-brokered arrangement.
Indian-American hotelier Sant Singh Chatwal avoided jail time and was sentenced to three years probation and a $500,000 fine on charges of illegally donating thousands of dollars to political campaigns.
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI.
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
Gupta began serving a two-year prison term on insider trading charges
Hockey India secretary general Narinder Batra confirmed that that they are in look out for a foreign expert to work with Indian goalkeepers on short-term basis.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
The patience, discipline, and resolve displayed by 125 crore Indians, will play a critical role in shaping the future of the nation for years to come, the PM said.
Vice President Hamid Ansari on Thursday visited Angkor Wat days after India allayed Cambodian concerns over reports of building of a replica of the world heritage site in Bihar.
To redevelop cities as 'smart', investment of at least $10 billion is required. For 100 cities, it works out to $1 trillion
Yogi Adityanath on Monday completed 100 days in office as Uttar Pradesh chief minister but it was a low-key anniversary with no big event to showcase the achievements of the government.
Here's what the national capital needs to do to ensure the residents stop breathing toxic fumes.
'One wonders why there is so much outrage about the alleged treatment of the Indian national accused of perpetrating these acts, but precious little outrage about the alleged treatment of the Indian victim and her spouse?' The statement issued by Preet Bharara, the US Attorney, whose office is prosecuting Devyani Khobragade, the Indian diplomat arrested in New York last week.
Debashis Basu lists various reasons why laundering through the stock market thrives.
Seeking to create a global-sized bank, the Cabinet on Wednesday gave the go-ahead to the merger plan of SBI and its five associates, a step aimed at strengthening the banking sector through consolidation of public banks.
News of all that's transpired on and off the football field
The linking of biometric UID/Aadhaar number to all public services makes "We, the People of India" worse than slaves, says Gopal Krishna.