Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
Senior bankers are trying to impress upon the central bank that the shift to external benchmark-linked lending be postponed to April 1, 2020.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
Kammatipaadam is a gangster movie with a difference and a must watch, for sure.
The local markets are expected to react to global triggers until the government announces the Union Budget.
'Breaking down silos and ensuring a more integrated governance process is just as important to performance.' 'It has been a major priority in the last six years, especially in national security,' External Affairs Minister Dr Subrahmanyam Jaishankar points out when delivering the Sardar Patel Memorial Lecture-2020: India and the Post-Covid World.
'The EC seems to have killed the joy of elections by stretching it interminably.' 'Imagine watching Andhadhun in a six-hour format and you will get the point,' says Saisuresh Sivaswamy.
Stocks might hit new highs even before B-Day.
Jessica Ennis-Hill's top Olympic coach Toni Minichiello has blasted Mo Farah for missing drugs tests prior to the 2012 London Olympics.
Kangana Ranaut's guts, Amitabh Bachchan's venomous threat and dark TV serials occupied Sukanya Verma's super-filmi week.
Rediff.com brings you the buzz around celebrity sportspersons and their glamorous lives!
First phase of online video's growth is over. Netflix, Amazon developing new content ecosystem.
The centuries-old tradition of yoga is looking towards the reality television concept to increase its popularity
fghanistan's latest cricket sensation Hamid Hassan found his way into the pages of the popular US daily.
I am sad Kundan Shah is no more. I am sad he couldn't make the kind of films he wanted. But I am also grateful. He made me laugh. He made me cry. He made me believe in Hum Honge Kamyab and the power of a shooting star. Sukanya Verma salutes Kundan Shah.
The only possible solution to the Kashmir issue between India and Pakistan is to create a situation where the "lines while in existence" become "irrelevant", Jammu and Kashmir Chief Minister Omar Abdullah said in an interview published on Sunday.
Has a smaller engine taken away the reasons to love the F-Type or given us brand new one? Read on to find out
'Mumbai is very different from the rest of India. It can be ruthless if you don't have work or friends. The struggle time and times of disappointment are horrific and can break you.'
Here's your weekly dose of weird, true and funny news from around the world
At Rs 28.19 lakh - Rs 32.97 lakh (ex-showroom India) it delivers excellent value for its combination of road presence, gizmos, safety, off-road capability and driveability.
It is clear that the world desperately needs a globalisation model that will work for all and not just some, says Sunita Narain.
Christopher Wylie deposed before the House of Commons Digital, Culture, Media and Sport Committee amid an escalating row around alleged Facebook data breaches linked with the controversial UK-based company, which has also been linked with alleged attempts to influence elections in India.
The Maruti Suzuki Swift DZire is at times the top selling car in India, outselling even the company's entry-level Alto hatchback. MotorBeam finds out what makes this compact sedan a favourite of Indian buyers by living with the vehicle.
Solid looks. Solid features. Affordable prices.
Here's your weekly digest of the craziest and funniest stories from around the world.
Shashi Kapoor, the star who made us laugh, romance and cry, passed into the ages on December 4. We look back at the often underrated actor, who reinvested all his earnings as an actor into making films and keeping the theatre he established, Prithvi Theatre, alive.
John Wick's Amar Akbar Anthony connection, filmi fundas from Gabbar Singh and best Bollywood songs of 2017 so far, everything you need to know about Sukanya Verma's super filmi week.
From earning Rs 5 a day as a farm labourer to starting an IT services company that is worth Rs 15 million, Jyoti Reddy's story of success is nothing short of an inspiring movie plot.
Believe it or not, your skin can tell you a lot about your stress level.
At Rs 52,610 (on-road, Mumbai), the attractive pricing, refined engine and good manoeuvrability makes the Platina 100 ES emerge as a value for money package and a worthy competitor to the offerings from Hero MotoCorp and Honda.
The DMK has Stalin and Stalin alone as the key campaigner. The rest of them all, including half-sister Kanimozhi, are tied down to their own constituencies while those like party treasurer and former minister S Duraimurugan, to those of their children's constituencies.
Here's your weekly digest of the craziest and funniest stories from around the world.
'For years, a whispering campaign against the non-Nagas -- and occasional violence -- has dominated the local discourse, but Farid Khan's lynching was unprecedented in its ferocity.'
Anita Aikara talks about the life lessons she learnt from her mother.
'Reading a newspaper is as important to me as reading a script. Sitting in a caf and drinking coffee is as important as going for a shoot.' Peeking into Atul Kulkarni's life.
Jyotiraditya Scindia said over the last two years, since the BJP government came to power at the Centre, the situation in the valley has "deteriorated" and has become "disappointing"
Here are a few things to know about 'Jihadi John'
Opposition to tri-service structures comes not just from bureaucrats and politicians as the generals like to lament, but equally from within the military. Neither the army, navy or air force chiefs want to relinquish control over their theatre commands, with these cutting edge units placed under some commander who reports elsewhere, says Ajai Shukla.
The National Digital Literacy Mission is helping educated women turn around their lives.
Dabur Vatika's latest advertisement challenges the conventional notions of beauty.