Noting that Lok Sabha elections are around the corner and only one session of Parliament remains, he asked the government to bring an ordinance.
Here's why consumers are shifting to large brands.
In the April-June period, bond yields rose by 30 bps.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
'We are all in a tizzy about NBFCs in the aftermath of the IL&FS default.' 'We tend to jump to the notion that an NBFC is like a bank. But banks make a promise that deposits are liquid and have an assured return.' 'NBFCs make no such promises,' points out Ajay Shah.
The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.
'The government is in no hurry to talk to the separatists and would like to approach the Kashmiri people directly through various other organisations.' 'Officials in charge of J&K affairs at the Centre are clear that there would be no let up in the operations against terrorists,' reveals BharatShakti.in founder Nitin A Gokhale.
The regulator will now call Chanda and ICICI Bank's representatives for a personal hearing as part of adjudication proceedings launched against them.
What stocks will gain from a normal monsoon?
Stocks such as ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected to help stabilise their net interest margins
While KKR suffered their heaviest defeat of the season against Sunrisers Hyderabad in their last game, Pune looked to have found their mojo in the business end of the tournament having registered consecutive wins in their last two matches.
Efficient use of data and a great sense of timing are two things that stand out in the Sebi whole-time member's order in the matter of Reliance Petroleum
Infrastructure stocks are once again gaining traction.
Fraudsters duplicate SIM cards to hack into bank accounts.
As markets enter the new financial year and the long-term capital gains tax on the sale of stock investments kicks in, Abhinav Khanna, head of equities, Citi India, tells Puneet Wadhwa that he remains optimistic on the medium-to-long term growth of India, led by consumption recovery and the green shoots visible in the capex cycle.
Bala creates a world so mad yet meticulous and unlike no other in Mard Ko Dard Nahi Hota, raves Sukanya Verma.
What if you could have an option apart from personal loan in times of crisis?
Much of the pre-2014 peace in our hotspots is diminished. Kashmir is on the boil and the Northeast is anarchic, observes Shekhar Gupta.
Despite its love for feel-good, Tumhari Sulu isn't stuck in a fool's paradise and confronts the conflicts thrown in its path, feels Sukanya Verma.
'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
A 2008-style bank run seems unlikely, but if it did happen, the sector is much better prepared.
The meeting will be attended by all heads and EDs of public sector banks
More than 1,500 shares listed in Shanghai and Shenzhen dived by the daily limit.
On Monday, Reserve Bank hiked the lending rates to banks by 2 per cent to 10.25 per cent.
Banks are likely to cut rates even further, say finance minister Arun Jaitley.
A section of analysts feel now may not be a bad time to buy select PSBs.
Race 3 doesn't merely demand you to leave your brains behind but guarantees you won't find them anywhere even after the ordeal is over, feels Sukanya Verma.
Gold loans are a quick, easy and low-cost way to meet your immediate and emergency financing needs, but do ensure that you entrust your gold in safe hands after thorough due diligence, suggests Gaurav Gupta, founder and CEO, MyLoanCare.in.
'Does Deepika not have the right to raise her voice in a democratic and peaceful manner on an issue she considers important?' 'Why should one view her only as an actor and not appreciate her role as a concerned citizen of the country?' ask Aftab Alam and Mohammad Asim Siddiqui.
'Happily,' says Ambassador B S Prakash, 'BRICS displayed new-found energy and built something real, a bank. Between needless nihilism and as yet unjustified euphoria, there are many stations for the BRICS train and we can watch its progress with renewed interest.'
This is the index's biggest single-day fall in almost a month
While for the consumers, there is some gain and some pain, for India Inc, it's all about compliance, consolidation and parity
Banks and realty among the most hit on account of high borrowing costs.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
The close-onto four years (since November 2015) Peter has spent in Arthur Road jail, central Mumbai, in judicial custody, have taken their toll, lending him a bit of a melancholy stoop, a laborious gait and a tired face, turning him prematurely into a much older man than his nearly 64 years. Vaihayasi Pande Daniel/Rediff.com reports from the Sheena Bora murder trial.
'The Dalai Lama is in a tearing hurry.' 'The 'reincarnation' card remains unplayed, and time is running out.' 'Is something big being planned for the event of Tibetan Buddhist leaders in Leh in November?' asks Ambassador M K Bhadrakumar.
The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
