'When I stepped on Indian soil, I lay down on the ground and kissed my homeland.'
"The shift is gradually happening more on account of favourable risk-reward for stocks in these sectors and the shift would be more pronounced as investors roll over their targets to 2017," the head of research at a foreign brokerage said.
The evolving RBI-government relationship, a reversal in the interest rate cycle and return to profitability will dominate bankers' conversation this year, says Tamal Bandyopadhyay.
Union Home Minister Sushilkumar Shinde on Wednesday stoked a potential controversy when he called Arvind Kejriwal a Veda Mukhyamantri (mad chief minister), while recalling his own days in the police force.
The CJI said one of his relatives had earlier appeared on behalf of the victim's mother in the case and observed that it would be appropriate that some other bench hear the review plea at 10:30 am.
'We knew these youngsters could turn out to be match-winners and we waited patiently for the last three years because success doesn't come overnight, it takes time.'
Recovery seen in Q4, companies continue to focus on enhancing cash flow
'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'
Modi may take satisfaction from his display of considerable political skill in managing a mercurial, temperamental and unpredictable US president and nudging him into uncharacteristic restraint and even carefully orchestrated remarks. This personal chemistry will come in handy if Trump returns as president in the November elections, says former foreign secretary Shyam Saran.
The PM blamed the UPA regime for the problems in the banking sector.
'By entering at an early age, they stand a better chance of developing into skilled investors.'
Vodafone and Bharti have pointed out that, for data, their revenue realisation should be at Rs 30-35 per GB for them to cover their costs as opposed to the current figure of over Rs 11 per GB. But Jio has suggested a gradual increase to Rs 15 per GB and then maybe to Rs 20 per GB after six to nine months.
The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
A photo symbolising "love and compassion" of an 85-year-old Brazilian woman getting her first embrace in five months from a nurse through a transparent "hug curtain" has been named the World Press Photo of the Year. This year, according to organisers, 74,470 images were submitted for judging, made by 4,315 photographers from 130 different countries. World Press Photo has been kind enough to allow to share some of this year's winning photos here with you.
Performance-based incentives were recommended by the 13th Finance Commission, but omitted by the 14th Finance Commission
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
Fascinating predictions for the years ahead. A revealing excerpt from Tim Wigmore and Freddie Wilde's Cricket 2.0: Inside The T20 Revolution.
'The real estate sector has been badly bruised because it has become too reliant on funding from NBFCs, including housing finance companies. 'When the NBFC industry was rocked late last year by a large default, the real estate sector was hit hard. 'An intricate web of links between rural incomes, construction activity and shadow banks are fuelling the economic slowdown', says Pranjul Bhandari.
The company plans to add more features to its gadget, will expand its workforce and raise $10 million in venture capital fund.
Anand Sharma working tirelessly for extension of tax breaks that expired on March 31, 2010.
'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
By tying gold imports directly to export volumes, India is effectively trying to cap how much bullion can be brought into the country, tightening supplies and driving up local prices.
The 'China model' will command less respect in India, which could help improve policy formulation.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
The development came a day after the protesting farmers rejected the Centre's offer to start talks as soon as they move to Burari and continued to stay put Singhu and Tikri borders of the national capital.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
Ravichandran Ashwin will have a bigger role to play during Australian second innings
Ahead of VK Sasikala's return to Tamil Nadu on February 8, there are some important questions facing her. One, does she carry electoral weight more now than her brainchild AMMK had in the 2019 LS polls? Two, can she retain or build upon the five per cent vote-share from that time? And finally, is there space for Sasikala to retrieve, first within the AIADMK and then across the state, says N Sathiya Moorthy.
It's crucial for Modi to make India an easier place to do business.
The Economist Intelligence Unit (EIU) ranked Singapore as the priciest ahead of Zurich, Hong Kong, Geneva and Paris.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
'A 2018 murder may lead to shifts in the geopolitical order and impact at least one monarchy,' says Devangshu Datta.
The Archbishop of Canterbury, disclosed that he has discovered he is the illegitimate son of Britain's war-time Prime Minister Winston Churchill's private secretary.
'It will only get worse, definitely, for the next month and one-and-a-half months.'
Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.
'If the Modi government does not waive farm loans, we guarantee to waive farm loans if voted to power in 2019'
Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes
Around 700 migrant workers, women and children have lost their lives in this reverse migration. But what is happening today with the migrant labour is only a continuation of the policies pursued by the Modi regime during the last six years. It is not for nothing that India was ranked the most dangerous country in the world for women in 2018 by the Thompson Reuters Foundation poll, points out Rashme Sehgal.
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