It was an unprecedented challenge that required meticulous planning, innovative solutions and quick action.
'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'
Boost to dairy sector will generate jobs
China has cast a long shadow on India's economy.
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 Chinese smartphone maker's focus on offline retail has helped it overtake Samsung in top 50 cities in India.
To promote localisation of manufacturing and reduce its import bill, the government increased basic customs duty on mobile handsets - from 10 per cent to 15 per cent.
'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.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
Around 250 financial market players will participate in a closed door meeting with Narendra Modi on February 27.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'
'30 to 40% of the industry needs to be reskilled as existing jobs will go to automation.' 'Reskilling is required as some existing jobs will not be required in the future.'
Rajasthan has taken the lead on structural reforms which could help India attract business and employ a fast-growing workforce.
Gold is currently trading at Rs 25,200 for 10 grams.
India's biggest jewellers' association has asked members to stop selling gold bars and coins.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
Many placement agencies are fly-by-night operators in New Delhi.
Pakistan's foreign minister Shah Mahmood Qureshi tweeted, 'Prime Minister Imran Khan will break ground at Kartarpura facilities on 28 November.'
World football body FIFA put Jerome Valcke, its second-ranking official, on leave on Thursday just hours after an ex-footballer raised allegations he was involved in a plan to resell 2014 World Cup tickets for a lucrative profit.
'The most important issue for Indians, the only way in which to get them quickly out of poverty, is sustained high growth.' 'If we are not doing that despite a strong government and a leader with clarity of vision and purpose, we are facing big trouble.'
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
Based on the estimate, a courier bringing in 1 kg of gold currently worth around $40,000 at world prices could earn $470 if not caught.
The proposals appeared so far apart that success seemed higly unlikely
We need to make start-ups, instead of small businesses, part of the priority sector, says Shubhashis Gangopadhyay.
From the Aadhaar verdict to #MeToo's arrival in the country to the entry into the Sabarimala temple -- India had a newsworthy 2018. As we step into 2019, these are the top moments from the year gone by.
The man who owns close to 94 per cent of the shares of Patanjali Ayurved, an unlisted company, does not, however, take a salary or receive dividends.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Surendra Hiranandani -- chairman and managing director, House of Hiranandani -- explains what ails India's housing sector and indicates the way forward.
'I expect a demand stimulus in the Budget. 'There has been such a shock to the economy that such a stimulus would be needed.'
FIIs hold as much as 27 per cent in the over $1.6 trillion Sensex market capitalisation as of the September quarter, which is at a historic high.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
Kalyan Jewellers is eyeing overseas expansion by catering to India-like markets and the diaspora
In one of the biggest deals in the media and advertising space, French advertising agency Publicis Groupe will acquire US digital marketing firm Sapient in an all-cash deal worth $3.7 billion.
PIO finds similarities between WannaCry code and other tools created by Lazarus Group in the past.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Former Watson Fellow and social entrepreneur Srikar Gullapalli talks about the issues affecting India's growth and tells us why he wants more people to actively participate in building a bright future and put India on the global map.
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.
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