Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Raghuram Rajan speaks on the unscheduled rate cut.
'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.
A raise in the I-T exemption limit has been sought by many.
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.
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.
"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.
