Bihar, Uttar Pradesh and Jharkhand will have to do a significant amount of catching up.
'While foreign institutional investor flows are still negative, they will turn positive in the latter part of 2023 as India's resilient growth becomes perceptible.'
World's 300 largest metropolitan economies account for nearly half of global economic output.
Customers would be able to make money transfers, pay utility bills and recharge their mobile and DTH connections with just one click and a single PIN entry
For Pakistan's economic growth, it is important for the country to have more trade with India, a top World Bank official has said.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
Dubs Modi government a "one trick horse" which will make the Hindu-Muslim issue the dominant one in political discourse; asks Opposition to field one candidate in every seat against BJP nominee in 2019 polls.
Finance Minister Arun Jaitley said that at a time when the private sector has been somewhat conservative in investments, public investment always takes the lead.
There will be a lot to repair and rejuvenate -- if that opportunity even presents itself, warns Rathin Roy.
The leaders of the five emerging market economies are expected to sign a deal on Tuesday that creates the $100 billion bank and a reserves fund of the same size to challenge Western dominance over global finance.
Being driven to abandon Indian middle-class values, asks Ajit Balakrishnan.
Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion, talks to Subhayan Chakraborty about India's performance on the World Bank's ease of doing business ranking.
The regulatory changes brought in by the insurance regulator and the amendments proposed to the Insurance Act by the Centre may herald a new dawn for the sector in India. This may result in insurers bringing out more consumer-led products, top honchos of general insurance companies of the country concurred at the Business Standard BFSI Insight Summit 2022.
Deepa Gahlot lists 10 gangster thrillers on OTT for those who have the stomach for gaalis and gore.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
CEO Shashi Arora discusses his roadmap for Airtel Payments Bank with Karan Choudhury.
Dalhousie square has close to 55 historic landmarks.
'Today the real issue facing the Modi government is not about investment, credit and money supply and all those things economists like to talk about.' 'It is whether your average citizen has confidence in the government not to do something utterly whacky,' says T C A Srinivasa-Raghavan.
The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.
"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.
Asked about top Swiss bank UBS AG, reeling under criticism for sheltering American tax evaders, agreeing to US government's demand for disclosure, Kochhar generally hedged queries saying Indian banks were not in that kind of business. Black money had become a major issue in the run up to the Lok Sabha polls in April-May, with BJP leader L K Advani claiming that $500 billion of Indian money was stashed in banks abroad.
Voices from the Treasury are clamouring for lowering rates as this would boost demand.
Indian banks have the potential to go global, says ICICI Bank chief Chanda Kochhar.
Microsoft has become the first global Big Tech company to join the Open Network for Digital Commerce (ONDC), an Indian government initiative for developing a first-of-its-kind open network for digital commerce. The world's second-largest technology firm intends to introduce social e-commerce via its app in the Indian market later this year. ONDC is expected to open to the public in Bengaluru over the next fortnight as it enters into the next phase of the pilot for further fine-tuning before rollouts in other cities, according to a source in the know.
In the global context, the country "stands out" in terms of relatively stronger growth and improved economic fundamentals, Raghuram Rajan said.
In the World Bank's latest 'Doing Business' 2017 report, India's place remained unchanged from last year's original ranking of 130 among the 190 economies that were assessed on various parameters. But last year's ranking has been revised to 131 from which the country has improved its place by one spot.
Shagun Kapur Gogia might not have convinced her uncle Rana Kapoor, managing director and chief executive of YES Bank, to appoint her as a board member of the bank, but it appears she has successfully carved out her own space in the financial world.
What does Neal Mohan, anointed the next CEO of YouTube, have in common with Sir Cliff Richard? They are alumni of St Francis' College. Mohan, who will take over the reins of the social media platform, is arguably the second most high-profile personality after the British music icon to be associated with the all-boys institution ensconced in the heart of Lucknow.
'Although mid- and small-cap funds have the potential for higher growth, they come with inherent higher volatility.'
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
An interview with Zhan Xiangyang, director general of the world's third largest bank, with a market capitalisation of $183.85 billion.
'At a time when there's a lot of conversation happening around how AI has made art directors and production designers jobless, we will simply say that if your work speaks for you, you will never be out of work.'
The leaders said trade ties were still fragile
Cabinet secretary reviews how to make India a better place to do business.
A deal for United is expected to shatter records for the sale of a sports business. The club's current majority owners, the Glazer family, are seeking a valuation as high as 7 billion pounds ($8.42 billion).
'It's important that every portfolio is well diversified.' 'My own portfolio is diversified across asset classes: 50% is in equity funds, 15% in international schemes, 25% in debt funds and 10% in sovereign gold bonds.'
The leaked files relate to accounts holding more than $100 billion, as per ICIJ.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
This is an increase of $1.1 billion over the previous year, the World Bank said on Thursday, adding that it invested $6.6 billion in 89 projects to promote economic growth, fight poverty and assist private businesses. This includes nearly $2 billion in infrastructure financing, a critical sector to provide the foundation for rapid recovery from the crisis and job creation.
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