Import in the first nine months of the current calendar year fell 20 per cent to 525 tonnes from 658 tonnes in the year-ago period.
The rouble has been falling steadily since early November and collapsed earlier this month following a spectacular decline in the price of crude oil to five-year lows.
As an entrepreneur the most important quality you have to have is that all consuming passion to become an entrepreneur.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
Few top honchos of India Inc did very well in 2014.
The WTO toolkit provides various instruments to deal with such situations - anti-dumping duties, countervailing duties and safeguard measures.
Typically, about four to six weeks ahead of the polls, activity in the property market picks up as politicians begin to pull out their money parked in real estate. But this time, it's all quiet till now in real estate so far.
Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.
'Raghuram Rajan is a wonderful economist, but he is not a wonderful Indian economist.' 'He doesn't understand India in the granular form.' 'India exists only from Delhi to Nariman Point for him.' 'India is much, much bigger and complex.' 'The new RBI governor shouldn't get ready to open his umbrella when it rains in America'
Oil prices dipped on Wednesday as the market prepared for a gradual increase of Iranian exports into an already oversupplied market from 2016.
'People do not want a 'maha milavat' (highly adulterated) government of those who assembled in Kolkata.'
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
Siddharth Chauhan, winner of the Satyajit Ray Award
Modi government has to come up with a robust economic agenda to impress the masses.
'Working with Papa was the toughest,' confesses Varun Dhawan.
The demonetisation move will force the Modi government to battle with a policy dichotomy, says N Sathiya Moorthy.
'We are primarily a domestic consumption story. We are less exposed to global forces.'
India's biggest jewellers' association has asked members to stop selling gold bars and coins.
'At the very end of his speech, he dealt with the 'small problems' of Indian workers. But these measures did not seem to satisfy those who had expected the prime minister to find solutions for their problems. That the prime minister generally focused on broad policy issues and not on matters of detail left them bewildered,' says Ambassador T P Sreenivasan.
Kiran Mazumdar-Shaw talks to Nikita Puri about her book Mythbreaker.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
The growth in imports was led by product categories such as diagnostic items, ultra-sonogram machines, MRI and ECG apparatus, syringes with needles, suture needles, digital thermometers, malaria diagnostic kits, and hearing aids.
'It will be like this: If you use the window seat in the first row, next will be the aisle in the second row, to maintain social distancing.' 'So, two-thirds of the aircraft is not going to be used.'
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
The concept of gold as an asset capable of getting anytime money is evaporating.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
'There has to be an 18-month transition.' 'But if the government had some prior knowledge that the high value notes were being used for an imminent terrorist activity in the country, then we have to accept the step.'
Kalyan Jewellers is eyeing overseas expansion by catering to India-like markets and the diaspora
A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
The controversy over Sant Rampal and his army of followers taking the law into their hands has once again thrown the spotlight on the clout that India's godmen possess.
Pakistan's foreign minister Shah Mahmood Qureshi tweeted, 'Prime Minister Imran Khan will break ground at Kartarpura facilities on 28 November.'
Things are expected to change dramatically in a few years for urban consumers.
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
More than a dozen organisations, businesses and clean energy venture capitalists have appealed to US President Barack Obama to collaborate with Prime Minister Narendra Modi to develop a "Power India" initiative.
Christine Lagarde warned of a repeat of high market volatility.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
Internet-based systemic wisdom connects machines and people, and will drive next-gen enterprises, said Huawei's Yatish Nagavalli.
Sensex ends lower; govt schemes in focus.
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