Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.
Amid an outrage over the killing of Indian student Anuj Bidve, a top British parliamentary panel will seek a full report on the circumstances of the "unprovoked" attack in Manchester earlier this week.
Deepak Parekh is likely to step down as the executive chairman of Housing Development Finance Corporation (HDFC) by the end of the year. He is expected to take over as the non-executive chairman of the country's largest mortgage player.
The Board of Control for Cricket in India, following a request from Sunil Gavaskar, interim president BCCI-IPL, has appointed Deepak Parekh as his special advisor for the 2014 season of the Pepsi Indian Premier League.
Mattis attracted controversy in 2005 when he said 'it's fun to shoot some people'.
Two senior United States Secret Service agents are being investigated over allegations that they crashed a government car into White House security barricades under the influence of alcohol, a media report said.
Recpaitalising banks through taxpayers' money will not solve the NPA problem.
Legislative process in the country is unduly long and tedious
Vishal Kampani said one of the important lessons he learnt from his father was to be humble.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.