Pradyumna Nadakaduty didn't even know he was getting into social impact work when he applied for a job at Acumen Fund. Then something wonderful happened.
Even today, many MFIs already distribute pension and micro insurance products to low-income households.
This finance minister has come of age. That's not condescension. It is a praise, says Omkar Goswami.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
Beijing's political risks are also escalating because of a renewed wave of public anger in many parts of Balochistan against human rights abuses by Pakistani troops deployed to crush the low-intensity insurgency in the province, the report said.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
Hyderabad-based Pi Datacenters wants to be the first destination of choice for enterprises in data and cloud services.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
These 90 new jobs are in addition to the 280 staff that Wipro already employs across Scotland.
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
We need to make start-ups, instead of small businesses, part of the priority sector, says Shubhashis Gangopadhyay.
Through its programmes, Swechha tries to ensure Delhiites don't forget their dying river.
The Forbes 5th annual '30 Under 30' list features 600 women and men.
The NCLAT's order is offensive because it goes against every tenet of bankruptcy reorganisation. If Justice Sudhansu Mukhopadhyay's tenets are accepted by the Supreme Court, we will not only regress in modern bankruptcy reorganisation but also slide back in the Doing Business rankings, says Omkar Goswami.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers.
Modi govt must implement few policy measures which it announced in Budget 2015.
Germany, as the locomotive of Europe, has much to teach India in manufacturing and process management, says Rajeev Srinivasan.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
'Xi's emphasis on enhancing conventional military deterrence capabilities, joint operations and power projection are likely to increase friction points with India as with other nations,' points out China expert Srikanth Kondapalli.
Shortage of top engineering talent in Silicon Valley is inflating paychecks.
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.
Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
The quality and quantity of start-ups in India have completely changed.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
'There are 25 million farmers in India with at least 2 to 3 cows each.' 'If all them use biogas to cook, millions of LPG units and firewood can be saved.'
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
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.
India Inc has few leaders who are likely to grab headlines in 2015.
Few top honchos of India Inc did very well in 2014.
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