RBI projects GDP growth in FY16 at 7.8 per cent, 30 bps higher than FY15. However, this comes with a downward bias.
Over the past few months, macro parameters have improved.
The action against the Lucknow passport officer was a hasty reckless decision taken by an establishment playing to the gallery to appease the pseudo-secular elite of the country, the Lutyens Delhi lobby intent on discrediting the Hindu identity, and an action that blatantly violated the basic tenets of justice, argues Vivek Gumaste.
Indian security agencies in possession of telephone bill, passport details that the underworld don lives in a upscale Karachi locality, reports The Hindustan Times
In the past two weeks China has cut interest rates.
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
India is devoting itself to promoting a strategy of diversifying its energy sources.
NIA officials told rediff.com that they have intimated both the Intelligence Bureau and the Research and Analysis Wing to seek more information from Bangladesh regarding the operational capabilities of an outfit named Hizbut Tahrir, which since the past three years has been working closely with the Indian Mujahideen.
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
RCap had proprietary investment book of Rs 2,000 crore (Rs 20 billion) as on end-March and owns stake in a host of companies.
Weak monsoon forecast rekindled fears of higher inflation.
Telegram, the new messaging app, is fast catching up on the popularity charts of many Indians. Himanshu Juneja lists top features of the Russian-made Telegram that beats WhatsApp hands down.
A dummy's guide to all you must know about before availing an education loan
India borrows ideas that we don't need, like the FRDI Bill, and ignores the ones we need, like rewarding whistleblowers such as the ones who want to save Bombay Mercantile Bank, says Debashis Basu.
Banks will introduce hybrid home loans with stiff penalty on prepayment and shifting.
Besides being young, one might also have to be a professional or self-employed.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Car makers are either tweaking their existing engines or developing new powertrains to attain maximum mileage numbers and attract more buyers.
Stop hiding information. Be communicative.
'In the hands of a majoritarian government, with utter contempt for the cultural plurality and diversity of our great nation, the pipe dream of making Hindi the sole official language takes on nightmarish proportions.'
Operational income not covering even their interest expenses, finds study; analysts say if economy turns around, new equity issuances an option
Green revolution and technology use should not be region-specific.
HFCs and banks expect a drop in demand for housing loans in the short-term.
'Chinese dominance reduces India's influence in South and Southeast Asia and erodes its status globally.' 'For a country striving to create a multipolar Asia, it would be a serious setback,' says Brigadier S K Chatterji (retd).
There's a certain amount of drama to the profession. Sample these taglines: 'We can see the unseen'; 'I can plant my detective in your guest bedroom.' One agency has even ensured that all its phone numbers end in '007'.
Over two dozen Muslims have been elected to the Lok Sabha. This shows that all is not lost for India's Muslims, suggests Mohammad Sajjad.
Nirmala Sitharaman has a God given opportunity to orchestrate a transformation in India's defence capabilities. One hopes she has her own counsel and does not overly let the PMO run her ship, says Group Captain Murli Menon (retd).
The initiative comes after the ATS recently arrested four suspected terrorists from the Islamic State Khorasan module.
Banks cannot shirk their responsibility in cases of frauds.
Some of the most common grounds on which card issuers reject credit card applications in India, along with tips on how to overcome these hurdles.
Lower interest rate, lower stamp duty and higher chances of loan application being accepted give women an edge over men when fulfilling purchase of their dream home
China's malfunctioning stock markets remained semi-frozen.
RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes
Gains were led by Tata Motors amid robust sales in June along with select financials.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
'Bhutto feared elements of the so-called establishment, including people linked to the intelligence services. She highly distrusted individuals like Hamid Gul who -- she was convinced -- maintained active ties with jihadists.' Heraldo Munoz, author of the sensational new book, Getting Away With Murder, tells Rediff.com's Vicky Nanjappa in an exclusive interview.
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
Colombo's enduring interests suggest the relationship between the Sri Lanka and China will only strengthen, says Nitin Pai.
Loan defaults and restructuring to limit profits.
