New norms are in place to strengthen regulations for this set of lenders which has been playing a critical role in Asia's third largest economy, notes Tamal Bandyopadhyay.
The two leaders discussed the Ukraine crisis and several regional and global issues including increasing trade relations and cooperation in the field of mitigating the impact of climate change during their bilateral talks at the Danish Prime Minister's official residence in Mareinborg near Copenhagen.
Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.
Given its features as a retirement product (long lock-in and compulsory annuitisation), investors should have other investments they can fall back on in case they need funds
India believes in sabka saath, sabka vikas, sabka vishwas, sabka prayaas and walks ahead with it, Modi said.
Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.
India has opposed the CPEC project and protested to China as it is being laid through PoK.
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
Though it may be anecdotal, there are some HR people who cannot reconcile their own salary from a CTC to take home!
'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.
Additional levy to eat into Rs 6,000-crore income of top promoters
The transformational reforms like GST, Bankruptcy Code and recapitalisation of banks, Black Money Act, demonetisation, flexible inflation targeting and adoption of fiscal discipline (FRBMA), etc, have temporarily and purposefully pulled us back only to propel us forward with greater velocity, Rajiv Memani.
China on Monday said Sri Lanka has allowed its satellite and missile tracking ship to berth at the Hambantota port on Tuesday, but declined to reveal details of talks with Colombo leading to the bankrupt island's government reversing its earlier stand to defer the high-tech vessel's entry.
The ship will now arrive on August 16 and remain at the Hambantota port till August 22, they said.
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
Raghavendra Kamath reports on what ails India's real estate sector.
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
Evaluate recurring investment products and do the numbers before making any investments.
Be a disciplined investor for attractive returns, says fund managers.
Year after year, Malayalam cinema throws stunning surprises at us. 2022 was no exception.
Merely choosing investment products in accordance with your risk profile is not enough. Consider all your requirements before deciding where to put your money
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
China on Tuesday said the activities of its high-tech research vessel will not affect the security of any country and should not be 'obstructed' by any 'third party', as the ship berthed at Sri Lanka's strategic southern port of Hambantota amid Indian and United States concerns.
'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'
Make the most of the income that you earn by invest the money in the right instruments. The advantages of starting early and investing right cannot be overstated, says financial planner Harshad Chetanwala.
The company will now focus on value creation for shareholders in the defence and construction businesses.
Only in case of equities will the nominee will automatically get the money.
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
Over the last two years, despite an amnesty scheme, only about Rs 2,500 crore of taxes have been recovered.
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
Why do we need a cure here for peculiarly Western diseases when we don't have those diseases, and which the West itself is not trying to cure, asks Debashis Basu.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
'The picture only looks worse from where Bajwa sits.' 'He sees a domineering India to the east, an unravelling Afghanistan and a complex Iran to the west, an overbearing China on the north and a US which is no longer an ally,' observes Shekhar Gupta.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
It could also clear stalled projects and review various subsidies on the energy, food and fertiliser fronts.
A charitable organisation supporting a cause close to the investor's heart can also be a nominee.
The Indian authorities have to reconfirm that Prabhakaran is dead. It may require seeking assistance from Interpol and also involve the re-opening of the Rajiv Gandhi assassination case, and more so, the investigations, formally or otherwise, asserts N Sathiya Moorthy.
'The Modi Model we see now is still the old Gujarat Model.' 'But with an acknowledgement that governing India is more challenging than governing Gujarat,' notes Shekhar Gupta.