In 2010, ministry told its officers nominated on PSB boards to stay away from big-loan panels; central bank followed suit.
Power generation and distribution is the most indebted sector
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
By splitting its business into separate verticals with dedicated portfolio heads, CavinKare looks to improve distribution and facilitate more launches in the future
Key macroeconomic indicators suggest softening industrial growth.
Officials in the weather department said the monsoon is expected to be below normal because of the El-Nino effect.
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
.jpg)
Bank has cited trend of global easing and weak growth
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
Lock into these long-term bonds for higher interest rates and capital appreciation
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
The growth in eight infrastructure industries slowed to 2.3 per cent in May mainly due to contraction in crude oil, natural gas, coal and fertilizer output.
The depreciating rupee against dollar has a short-term benefit for the IT industry and the sector should not depend on currency management for profits, a top functionary of industry body Nasscom said.
Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
Indian companies struggle to escape debt burden as profit slows.
MUDRA bank will help microfinancing firms to lend more.
Credit profiles have turned healthier from a year ago
For August, CRISIL core inflation indicator stood at 3.6 per cent, a tad higher than RBI's measure.
Oil and gas sectot may not put up good numbers in Q4.
Additional levy to eat into Rs 6,000-crore income of top promoters
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
This was the near-unanimous replies of 10 market participants.
'The role reversal of those in favour of GST and those opposing it is troubling.'
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
The price differential between diesel and petrol has narrowed. But there are still enough reasons to opt for the diesel variant.
Had you invested Rs 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment would be over Rs 5.2 lakh as on August 22, 2016
Banking and telecom will see the highest impact of this transition.
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of foreign direct investment norms to improve economic condition.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
Eight infrastructure industries have posted a growth rate of 8 per cent for September on account of good performance by crude oil, steel and electricity sectors.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances