If you are running a sweetmeat shop, will you manage a dairy for milk supply or buy milk from the market? Banks are running a dairy (which has its cost for processing milk), while NBFCs are buying milk from the market, observes Tamal Bandyopadhyay.
Centre plans to acquire land and then give it on lease to miners.
India has received the preliminary report of investigation into the disappearance of the shipping vessel M V Rezzak with 25 Indian sailors onboard, conducted by the Marine Casualty Investigation branch of the Panama Maritime Authority.
Arun Jaitley will aim for jumps in other revenue streams for the government.
JSW Steel chairman Sajjan Jindal confirmed that his group is acquiring an IPL side.
Claiming to be saddled with faulty equipment from China, the Indian Weightlifting Federation (IWLF) on Monday called for a boycott of sports apparatus made in that country after the violent face-off in eastern Ladakh killed 20 Army personnel last week. The IWLF ordered four weightlifting sets, comprising barbells and weight plates, from Chinese company ZKC last year. The body said that the equipment turned out to be faulty and the weightlifters are no longer using them.
In the atmosphere created by the reaction to the PNB fraud and RBI's resolution framework, "don't lend, don't resolve" is bound to become the bankers' new mantra, says T T Ram Mohan.
The Nikkei India Manufacturing Purchasing Managers Index (PMI), fell from 52.1 in February to a five-month low of 51.0 in March, indicating the slowest improvement in operating conditions recorded by the survey since last October.
A memorandum of understanding was signed by the AAI and the Jharkhand government for establishing airports in both the cities in the presence of AAI Chairman and Jharkhand Chief Minister Arjun Munda.
'For Mallya, it seems 'the night is dark and full of terrors' and if you believe his lawyers, he's only looking for some sunshine,' says Veer Arjun Singh.
Officials say a fall in global oil prices will reduce the government's subsidy burden, giving it a greater chance of hitting its ambitious fiscal deficit target of 4.1 percent of gross domestic product in the fiscal year to March.
Former Pakistan fast bowler Shoaib Akhtar proposed a made-for-television three-match ODI series against arch-rivals India to raise funds for the fight against the coronavirus pandemic in both the countries. In these extraordinary times, Akhtar believes both countries should help each other.
Four Chinese soldiers were killed in the fierce clash with the Indian Army in the Galwan Valley in eastern Ladakh in June last year, the People's Liberation Army (PLA) acknowledged for the first time on Friday.
Russi Mody could cut across hierarchy to communicate what he wanted.
These bloggers are adding fresh flavours to India's vibrant street-food scene.
'Is standing in a queue any bigger sacrifice than that of a soldier's family?'
This is the 14th consecutive month that the manufacturing PMI remained above the 50-point mark. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
Land acquisition for the South Korean steel major Posco's proposed steel plant near Paradip was completed on Thursday with the Odisha government demolishing 25 more betel vines at Gobindpur village, official sources said.
There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.
Modi is keen to restart big projects which are stuck for various reasons.
On July 7, the Delhi Development Authority 'brutally' demolished a structure that acted as a school for children from a juggi jhonpri cluster nearby, leaving 180 kids without a place to study.
India's breakthrough in countering a 'dirty bomb'.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
'Should the government be in the business of running banks?' 'Particularly when it does not have the fiscal strength to continuously infuse capital into such banks?'
Girls in the Kashmir valley hurling defiance at the security forces will detract from the legitimacy of India's response and its standing in the world, says Ajai Shukla.
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
Amid a grim global scenario, India will have to labour hard to hold on to seven per cent growth in 2016-17.
The amount is around a fifth of the cumulative investment in fixed assets by these companies.
The elections held in April-May 2019 will be an important determinant of future growth and investment.
'As China rises and India grows to reclaim their earlier positions on the world stage as two of the largest economies and most important countries, there will indeed be some contention between these two powers.' 'There will also be plenty of space and room for cooperation amongst the two of us.' 'As our economic size increases to match the fact that we are the two most populous nations on earth, it will be all the more important for us to keep the interests of our peoples as well as those of the rest of the world in mind.' 'We shall have to grow together rather than as separate and disparate entities,' points out Ambassador Gautam Bambawale -- who served as India's ambassador to China -- in the 7th annual lecture of the Indian Association of Foreign Affairs Correspondents on March 1, 2019.
Top gainers in the Sensex pack included Bharti Airtel, Tata Motors, IndusInd Bank, Kotak Bank, Hero MotoCorp, Asian Paints and PowerGrid, which rose up to 2.53 per cent.
100-day agenda: Commerce ministry pushes for separate logistics department
Net sales growth for the quarter ended December (Q3FY20) was 4.5 per cent on a year-on-year (YoY) basis for companies that have declared their results so far, compared to an 8.4 per cent rise in the first half of the financial year. This indicates that there could be a further rise in days' sales of inventory.
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
Tata Motors has acquired Ford's British marquees Jaguar and Land Rover for $2.30 billion in an all cash deal, sealing a deal that it pursued for nine months. Under the deal, Tata would continue to source engine from Ford, which would be paying about $600 million toward the pension liabilities of Jaguar-Land Rover employees.
The Coal Regulatory Authority Bill, 2013, needs Parliamentary approval and is to be introduced in the next session, P Chidambaram told reporters.
