This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Also, after years of rumours and speculation, Apple unveiled its first wearable device, Apple Watch.
Telecommunication companies buying airwaves in an Indian auction next month will pay 5 per cent of their revenue as an annual fee.
The marketplace was simply not conducive to the extension and evolution of broadband networks, particularly for less dense rural markets, so connectivity and services suffered.
The foremost lesson is that technology has got commoditised.
Decades of a state-owned monopoly selling coal at a fixed price has taken its toll on production.
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
'After household expenses, we are left with nothing...' 'Sometimes I think it is better to shut the store...'
The central bank dashed hopes of any steep interest rate reduction.
Traders' body says retailers have supported boycott; eateries, supermarkets seek more time to decide.
For the poorest 20 per cent of Indians, the expenditure on medicines alone is 85 per cent of what they spend on their health, according to the National Sample Survey.
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
It will be available from April 24.
The much-awaited event is finally over. And here is what you need to know about it!
The 100MB app casts the cricketer in a digital avatar that can be used in a variety of ways. Celebrities, Urvi Malvania reports, are increasingly leveraging their fan following in the real world to build virtual empires.
Are Indian citizens mindful of their responsibility?
The intra-city cable leasing deal will give RCom Rs 1,200 crore, which will be used to clear some of its debt.
We need transformative policies and incentives with purpose, especially in solar power and digital infrastructure.
Rajeev Chandrasekhar discusses five issues pivotal for the success of Digital India
These plans aren't likely to put substantial cash in your hands.
No matter how attractive a pre-approved offer may seem, bear in mind that there are indeed no free lunches
Is the price of one fighter Rs 681 crore? Rs 686 crore? Rs 703 crore? Rs 1,063 crore? Rs 1,225 crore?
'After Indrani's arrest did you go to the police and say I did this kind of forgery?'
It was a crazy week for the world. Sukanya Verma cannot claim to be any different.
Over the weekend and Labour Day, a change seemed to have come over the former secretary and her memory had all but deserted her. Not unexpectedly, Kajal Sharma had lost much of her exactness. Her vocabulary had shrivelled to four or five words.
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
The former finance minister's only child was arrested at Chennai airport.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
With Jaitley preferring continuity over change, good days might take a little longer to arrive, says Shankar Acharya.
'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.
Raghuram Rajan speaks on the unscheduled rate cut.
A raise in the I-T exemption limit has been sought by many.
Indrani called her personal assistant Kajal Sharma from the UK, May 3, 2012, and told her she had to sign Sheena's resignation letter as if she was Sheena signing it. But she had to first practice the signature and send Indrani proof of her proficiency in signing Sheena's name before sending the letter off. Sharma said she was reluctant and told the court that she told Indrani as much, but Indrani demanded it of her.
Sahil Kapoor of Edelweiss Retail Capital Market Research says that setting up a monetary policy committee should have been the first step. And the central bank could have moved towards a formal inflation targeting mechanism after the processes and data sets are in place.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
Anu Malik's daughter Anmoll tells us what it is to be a daughter of a famous daddy.
