Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note.
'In states where all shops are allowed to function and pedestrians are allowed to move around, there is no reason to presume that vendors are not allowed to operate. But ambiguity surrounding the operation of street vendors de jure has led the police to harass them de facto,' say Bhuvana Anand, Jayana Bedi and Prashant Narang.
Global rating agency Standard & Poor's on Monday revised the outlook for the Indian banking system to 'stable' from 'negative,' but added that risks remain high relative to developed banking markets.\n\n\n\n
'The Indian economy has been subsidised by the poor.'
President Ram Nath Kovind on Friday strongly defended the three new agri laws saying their benefits have begun reaching 10 crore small farmers instantly, and condemned as 'very unfortunate' the Republic Day violence and 'dishonour' to the tricolour during the tractor parade by the protesting farm unions in New Delhi.
There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.
Vinod Mirani gives us his weekly box office verdict.
The worst may perhaps be over for these stocks, suggests Sanjay Kumar Singh.
India's biggest medal hope Jitu Rai got a wake-up call when he finished eighth in the finals as the much-fancied shooters drew a blank in the pistol events at the Olympics, in Rio de Janeiro, on Sunday.
Autos in the national capital, best known for fleecing commuters, may soon be taken off the roads with city government mulling a proposal to replace them with eco-friendly battery operated vehicles.
For the current fiscal which ends on March 31, it put the real GDP estimate at 5 per cent. It estimated a 7 per cent growth in 2022-23 and 2023-24 fiscal years. The inflation rate was seen moderating to 4.4 per cent in the next fiscal from 4.7 per cent in the current.
'The government is abdicating its responsibility on healthcare.' 'Just to start this scheme, it will take a minimum till October 2018 and elections are coming in 2019, so before that this can go into the dustbin.'
The 30-share BSE Sensex closed at 20,822 down 72 points after touching a high of 21142.85 while the broader 50-share Nifty index closed at 6,187 levels down 27 points; the index touched a high of 6,289 today.
Key indices ended weak for a third consecutive session after a stellar rally.
'Galwan has turned everything.' 'The casualties on both sides alerted the Chinese to the fact that Indians are not going to take it lying down.'
As the news of former Assam Chief Minister Tarun Gogoi's demise broke, leaders across the political spectrum paid tribute to the Assam leader.
Standard & Poor's Ratings Services on Wednesday affirmed its BB foreign currency and BB+ local currency, long-term sovereign credit ratings on India.
Mahendra Singh Dhoni's uncharacteristic outburst against a controversial umpiring decision led to the Chennai Super Kings captain being fined 50 percent of his match fee in Thursday night's Indian Premier League match in Jaipur.
Be brave to fail, learn, and lead, advises Abhilash R, founder and CEO, Bloombloom Dreambiz (P) Ltd and B-HUB Lifespaces.
Subir Gokarn, Executive Director and Chief Economist at Standard & Poor's Asia Pacific, is heading the shortlist of candidates for the Reserve Bank of India Deputy Governor's post. Gokarn is also a Business Standard columnist.
Moves follow government's reforms to contain fiscal deficit and promote growth.
Replying to the debate on the Finance Bill in Lok Sabha, the minister said he did not propose any change in the tax rate but only provided few rebates which will boost spending and help the economy.
The safest banks are those that have shown their strength in times of turbulence.
The central bank will come out with fresh set of guidelines for companies applying for on-tap bank licence
India captain Virat Kohli said that his team is not looking to strengthen its T20 World Cup preparations in the ODI series against New Zealand as he believes the upcoming Indian Premier League is the 'right platform' for it.
The challenges in a post COVID-19 world were new and unusual but unlike other Indian sports, cricket could partially redeem itself, thanks to the deep pockets of the BCCI
They (minorities) cannot be handed over to them (Opposition), who benefit because we keep quiet.
'It is a package for a new self-reliant India.'
Higher food prices can accelerate broader inflation by pushing up wages, while negatively impacting the government finances and reducing monetary policy flexibility, Moody's said in a report.
It feels govt may find it challenging to meet the revenue projections.
There were concerns that simply opening a bank account wouldn't constitute meaningful financial inclusion, as the poor would rarely use these accounts. However, recent data submitted to Parliament attests to increased account usage, says Ishan Bakshi.
Mayaram said the concerns over the pace of implementing economic reforms were "overstated".
Standard & Poor's, which has threatened to downgrade the country's sovereign rating to junk, sees economic growth improving.
Standard & Poor's, which has threatened to downgrade the country's sovereign rating to junk, sees economic growth improving.
When you are born with six toes on each foot like Indian heptathlete Swapna Barman, you cannot help being fussy about your footwear.
East European countries have better rating than India though their economies are not as stable as the latter.
The government said in a court filing it was seeking civil money penalties from S&P and McGraw Hill.
Import curbs on Chinese panels and modules may help, but low demand and capacity remain problem areas, says Shreya Jai.
But says govt finances the weakest aspect of the country's macroeconomic profile.
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