Cash-rich Central Public Sector Enterprises (CPSEs) have to either invest their surplus funds or give it to someone for investment purpose, Finance Minister P Chidambaram has said.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
'Islamabad receives billions in aid from the US but continues to harbour terrorists,' he said.
US President Barack Obama told Prime Minister Narendra Modi, when the two met on the sidelines of the East Asia Summit in Myanmar in November 2014, how he barely had two years left to his presidential term and so much to do. The wish list included getting his daughters to see a tiger in the wild and the Taj Mahal.
However, FII outflows of Rs 545 crore (Rs 5.45 billion) capped the gains in the rupee, which had slumped by 126 paise in past two days.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
The opposition on Wednesday lambasted the government in the Lok Sabha for making "tall promises" which were "difficult to achieve" to garner votes and asked the Bharatiya Janata Party-led ruling dispensation to explain how they would fulfill the aspirations of the people.
The US has been widely criticised for using pressure tactics to secure information from other countries, without reciprocity.
Taking on the Congress over the Rafale deal, the defence minister asserted that 'there is something different between defence deal and deal in defence.'
'No matter how severe sanctions the UN security council imposes on North Korea, the impact of the sanctions would depend on how faithfully they are enforced by China,' says Dr Rajaram Panda.
The Modi government has not lived up to the muscularity the prime minister promised while campaigning, says Ajai Shukla
The rupee will largely remain stable but with a mild depreciating bias in the next one year
While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively
Depreciating the rupee against the dollar to boost economic growth has fiscal constraints and monetary limitations
Amidst an uproar over creation of Telangana, the government on Monday told Parliament that a Cabinet note is being prepared to go into substantive and procedural issues concerning formation of the new state.
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
You cannot manage the risk in your portfolio if you have no idea how to recognise it.
'If I had not been elected President of the United States, we would right now, in my opinion, be in a major war with North Korea,' Trump said.
At least 56 seminaries and facilities being run by JuD and its wing FIF in Pakistan's southern Sindh province have been taken over by authorities.
Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.
Inflation indexed bonds assure a positive return over inflation.
Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit
More than 60 individuals and entities, an overwhelming number of them Indians, were on Thursday charged by the Justice Department for allegedly participating in a multi-million dollar scam involving call centres based in India which conned thousands of American citizens.
It is a sharp depreciation in rupee valuation against the US dollar that has led to this steeper fall in the Dollex.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
It was a changed scenario in the new Lok Sabha with the churning brought out by the elections throwing in contrasts.
The central bank has been intervening in the foreign exchange market by buying dollars, and this is capping the rupee's gains.
Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
The crisis remains acute with the country's banks already closed.
US trade deficit rose to its highest level since 2012.
The move is expected to stabilise yields, volatile in the recent past.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
In August, RBI allowed 11 business houses to start a payments bank.
The Janata Dal-United on Friday announced its support to Congress for the post of Leader of Opposition in the Lok Sabha even as the treasury side has kept suspense over the issue.
With a sole mandate of inflation targeting, RBI wears many hats.
Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements.
'In his 2014 election campaign, Mr Modi had boasted that he would apply the Gujarat model to the rest of India. We just have to ensure he doesn't start with Parliament,' says Shashi Tharoor in this fascinating excerpt from his new book, The Paradoxical Prime Minister: Narendra Modi And His India.
The court delivered the verdict after postponing it for four times in the Avenfield corruption case -- pertaining to the ownership of four flats in the posh Avenfield House in London.
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
