"At 11 per cent of GDP, the fiscal deficit is too high. Growth can be fast if deficit is down and faster if reforms continue," says Nicholas Stern, ex-chief economist, World Bank.
Telecom Dispute Settlement and Appellate Tribunal on Wednesday sought the views of cellular operators regarding the alleged loss to their revenues on account of limited mobility services.
The government's decision to release the reports comes two days after over 200 scholars from across the globe issued a statement demanding release of all withheld reports produced by the NSO, including the household consumer expenditure survey that was junked.
The recent default on deposit payments by a couple of Yash Birla Group companies has brought to surface difficulties an investor has to face in recovering his money.
A nine-judge Constitution bench headed by Chief Justice S A Bobde at the outset said that it will only deal with the issues referred to it by a five-judge bench on November 14 in the Sabarimala case, and asked the lawyers to convene a meeting on January 17 to decide on 're-framing' or adding additional issues to be deliberated upon by it.
Purohit eventually cleared them only after obtaining legal opinion from the state Advocate General.
Fairfax Financial Holdings made three investments in a month
Mallya has denied that he had fled India and said he would comply with laws.
The SC also said that if parties to the case want to amicably resolve the matter through mediation, they can still go ahead with it.
The bench took serious note of the submission of senior advocate Kapil Sibal, appearing for one of the parties, that the appeals be heard in July 2019 after completion of the next Lok Sabha polls as the atmosphere at present was not conducive.
A 5-judge Constitution Bench headed by Chief Justice Ranjan Gogoi, in its historic verdict delivered on a court holiday, held that the lawsuit of the deity was "within the period of limitation" and granted the title decree in its favour.
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
A summary of sports events and persons who made news on Monday.
M K Stalin also opposed the naming of government schemes after her and "the use of taxpayers' money for her 69th birthday celebrations" on Friday.
"Nothing wrong has happened over her death....there is no problem as being made by some persons," he said.
Other than breach of contract, a case for criminal negligence can also be made out in such a situation
The submission was vehemently opposed by senior advocate C S Vaidyanathan, representing deity 'Ram Lalla', who said: "This is totally unwarranted".
Credit Vidya helps lenders assess credit and fraud risk for thin-file and new-to-credit customers.
The amount for which free check-up is offered can be quite low, while in some policies it comes only after a considerable waiting period.
Hindu bodies except Nirmohi Akhara have opposed the suggestion of the apex court to refer the issue for mediation, while Muslim bodies have supported it.
A bench of Justices A M Khanwilkar and Deepak Gupta said the matter will be heard on November 19, as the court has not gone through the petition in detail.
'People should see it as a victory for India.'
A Madras high court judge indicated that he may order exhumation of former Tamil Nadu chief minister J Jayalalithaa's body
According to highly placed AICC sources, yesteryear Tamil actress Khusboo is being tipped to be the next president of the Tamil Nadu Congress Committee.
It all began at the WTA event in Mumbai and a phenomenal Fed Cup, where she remained unbeaten in singles and also beat a top-50 player. The performance brought about a change in perception about her.
Peruchazhi is not up to the mark especially since it underutilises an actor of Mohanlal's caliber.
Despite the BJP's displeasure over Sasikala's elevation as AIADMK general secretary, the Dravidian party has sent a message to the Modi government that it will not be cowed down, says N Sathiya Moorthy.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
The SC underlined that it has no control over what Mughal ruler Babar did.
For debt-laden companies, asset sales is an obvious solution.
Our income tax department should bring out monthly bulletin as well as annual reports providing insights into the nature of our direct tax segments, points out R Vaidyanathan.
The Madras high court on Monday said there would be no holiday for schools and colleges on Tuesday and warned Tamil Nadu government that it would be held responsible for any untoward incident and breakdown of law and order in connection with agitations against the conviction of All India Dravida Munetra Kazhagam supremo Jayalalithaa.
The appropriate bench will fix the schedule with regard to the hearing of appeals in the case. "We will fix the date of hearing of Ayodhya dispute case before the appropriate bench in January," the CJI said.
A summary of sports events and sports persons, who made news on Monday
The apex court said the faith of Hindus that Lord Ram was born at the site was undisputed, and he is symbolically the owner of the land.
