In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
'We have promised to ensure reduced tax rates.'
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.
India needs to come up with new ideas to make the Pravasi Bharatiya Divas more appealing to overseas Indians. The Diasporas talents should be used for the country's development, says Thomas Abraham, founder of the Global Organisation of People of Indian Origin
This Budget plans for an increase to 10.3% of GDP from 9.9%.
The prime minister made the reference about the functioning of the Parliament against the backdrop of the virtual washout of its Monsoon session over various issues.
British India Corporation employs about 1,800 people
The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.
One Raj Shah has been the top Indian American in the Obama administration; the other Raj Shah is poised to play a key role in the Trump administration.
Sebi first began looking into the matter last month.
If the government seriously keeps out of business, the business world will know about it at a lightning speed; there would be no need for rock show-like events.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
India Inc has too much on its plate to ensure double digit growth in FY16.
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
With facts and figures, the CAG report has highlighted how Gujarat was far from a role model for states across India, and that the progress made in this province in western India in improving agriculture, education, healthcare and empowerment of women and children, was not exactly creditable, says Paranjoy Guha Thakurta.
Lack of literacy is compromising the ability of farmers in India and China, two of the world's most populous countries with the smallest farm size, to raise productivity without losing soil fertility, says Kunal Bose.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
investors will look to the new governor to continue the banking sector clean-up with the same urgency as Mr Rajan, who was targeting fully cleaned-up and provisioned balance sheets by March 2017
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
ADB has often expressed its interest in promoting sub-regional integration in South Asia and perhaps could be involved as a facilitator.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
As all regulators are part of it, individuals don't need to worry about approaching the right authority
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
A new book may help companies in getting corporate social responsibility right, notes Ajit Balakrishnan.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
Natarajan said she had an unpopular job but she never did anything wrong
Volkswagen mess costs Germany its strongest nation brand position.
The NPA of the public sector banks rose to 6.03% as of June 2015.
Budget proposals have set four goals to transform Indian Railways.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
'You can disagree with Dr Ilaiah's analyses of how the caste-based economy works, or with his prescriptions on how to fix it.' 'But a disagreement that is couched in terms of 'offence' given and received shuts down the debate that is essential to build a more just and modern India,' argues Mihir Sharma.
His answer to every question was, "I am politically victimised", the CBI said.
The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).
Reliance had been trying to bring the brand back to the forefront recently, after years of lull, through new ad campaigns highlighting a youthful range, called Unformal, in workwear.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
If China's behaviour in the past on ticklish issues is any indication then China could eventually support India's NSG application, says Rup Narayan Das.
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