Finance minister tries to put house in order before reforms are unveiled in February.
It said New Delhi increased its purchase of foreign exchange over the first three quarters of 2017 which does not appear necessary.
'The spirit of cooperation between the Centre and states has been diluted in many ways.' 'The level of consultation which used to be there earlier has reduced significantly.'
Nine companies incubating at StartupVillage have made it to the second round of Nasscoms flagship programme to support 10,000 technology startups across India.
There are some advantages of a falling rupee.
One hopes that the government will act on the Kelkar panel recommendations.
Most companies often subsidise the sale and the delivery, making losses on their books.
'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.
India is witnessing its own tech tsunami, and is poised to become the second largest global startup hub by the end of the decade
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Levy in India one of the highest in the world; finance minister urges banks to tell customers not to invest in the metal.
'The attacks made clear to all the Gulf States that Pakistan was the nursery and sanctuary of extremist violence and that this violence threatened all the countries in the region.'
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
Ranju Sarkar finds out more about Nowfloats, the start-up that is used by 240,000 businesses that reach 13 million consumers.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
Focus to be on unbanked areas; initial capital is set at Rs 100 crore; India Post can apply.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
'It is important that employees are trained to acquire skills that would be needed in future, when the company sees disruption coming -- that is, much before the disruption occurs or the company plans to change the business model,' says Asish K Bhattacharyya.
Metal shares were the top gainers with Hindalco up over 5%.
About time the Tata companies that are owned by the public are freed from the clutches of Tata Sons, says Sudhir Bisht.
The new entrants are young, enterprising Chinese men and women who want to tap into the promising Indian market.
Finance firms in these SEZs likely to get tax breaks.
Projecting the mining operations as part of China's move to take over Arunachal Pradesh, the report said 'people familiar with the project say the mines are part of an ambitious plan by Beijing to reclaim South Tibet'.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
At least 40% of a product must be manufactured in India for it to qualify for the Indian Designed, Developed and Manufactured category.
Little attention is being paid to keep roads, bridges and flyovers in good shape
Parents should secure thier special child's future.
This is the first big move in the investigation of the British Virgin Islands list where the I-T department has found a significant amount of tax evasion.
Instead of targeting global imbalances per se, the narrative must change to the structure and direction of such asymmetries.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
In most cases, the payback on energy saving projects offered by GIBSS are between one and three years.
'Gwadar has the potential to facilitate PLAN's operations in the Arabian Sea and Indian Ocean.' 'Reports of China setting up electronic eavesdropping posts at Gwadar to monitor US and Indian naval activity and shipping traffic through the Straits of Hormuz and the Arabian Sea lend credence to this,' says former RA&W officer Jayadeva Ranade.
'I feel more like a chess player, thinking for long hours how to make the next move," Telecom Secretary Aruna Sundararajan tells Surajeet Das Gupta.
The hyperlocal logistics company hires delivery boys to work for a diverse set of clients like Amazon, Bigbasket, Swiggy and McDonald's. Apurva Venkat finds out why clients and investors love it.
If the government delivers its election promises, then activity in the industry should increase.
'Agriculture has been given the wrong kind of attention.' 'More innovations are needed for the sector to be successful,' says Devi Murthy of Kamal Kisan.
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.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
