SBI's gross NPA figures have shown a decline for three consecutive quarters.
Wipro results follow estimate-beating earnings by larger rivals Tata Consultancy Services Ltd and Infosys Ltd .
Raghuram Rajan is correct -- the RBI's monetary response to inflation in the past has been too weak.
India's fourth largest software services provider HCL Technologies on Friday reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore (Rs 18.73 billion) for the first quarter ended September 30 on the back of strong growth in Europe and business services.
The origin of the challenge is the so-called "fresh start" process. Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the credit culture. So, while'Fresh start' is a welcome step as it will free up the debtors from the archaic laws of the colonial era, debtors need handholding and counselling to prevent any misuse, says Tamal Bandyopadhyay.
World trade has been growing slower than world GDP since 2012.
Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will.
In yet another arrest in the Udhampur attack, National Investigation Agency on Tuesday booked an alleged overground worker of banned LeT outfit who had transported four terrorists from one place in Kashmir to another after they infiltrated into the Valley.
RBI Governor Raghuram Rajan is regarded as credible by global financiers.
The patience, discipline, and resolve displayed by 125 crore Indians, will play a critical role in shaping the future of the nation for years to come, the PM said.
'Assuming the official defence allocations represent the true picture, the $142 billion figure still represents a phenomenal increase and surpasses that of Japan ($42 billion), India ($40 billion), South Korea ($33 billion) and several other Asian countries put together and shows that China is flexing its military muscle.'
In a landscape dominated by social media, everything begins to matter less for what it is than for how many likes or re-tweets it can generate.
Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year
IT and pharma companies again save the day; mask pain in domestic consumption.
He noted that the Rupee has firmed recently but cautioned that the currency should not lose its competitiveness in global trade.
From the valuation angle, the market is showing similar signs of being over-valued without being in a bubble territory yet.
There are already some signs of stress in this market.
Gold has pushed lower as a result of Chinese selling.
Flexibly targeting inflation is consistent with a demand stimulus, says Ashima Goyal.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
About 45 per cent of those who are part of the workforce, or about 207 million, are estimated to be engaged in agriculture and many of them will be outside the income-tax net and hence may not need a PAN. So, what does allotting PAN to 369 million individuals actually mean, wonders A K Bhattacharya.
Paytm has, since November 8, been on an overdrive, rolling out a series of features on its app including multi-language options for a no-holds barred access across the country. The company is now planning to make Paytm available on all types of mobile phones, going much beyond smartphones.
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.
India on Thursday sought strengthening of SAARC monitoring desks on terrorism and drugs, underlining that illicit funds generated from narcotics and fake currency networks are being fed into supporting terror activities
The year 2015 is likely to see an average pay increase of 11.3 per cent across job roles.
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
'He had a carry bag made of plastic. One pistol came out of it. There was also a magazine which had three rounds. And a mobile and a Rs 100 currency note.' No prizes for guessing who that was...
While chits and the formal financial sector are not 'largely substitutable', users like the commitment to savings that these enforce and the flexibility in borrowing, reports N Sundaresha Subramanian from New Delhi.
You can use gold as a financial instrument to diversify your portfolio into hedging against uncertainties in the market, but for ambitious returns, you must explore opportunities in other asset classes such as equities, debts and real estate, says Adhil Shetty, CEO, BankBazaar.com.
RBI would get the comfort of meeting its 8 per cent January Consumer Price Index-based inflation target, BofA-ML said, adding that 'we expect the RBI to cut 75 bp in 2015 from February with inflation on course to 6 per cent in January 2016'.
The threat was 'escalating' as cyber experts warned that another attack was imminent in coming days.
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
'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.
RBI is likely to have reached broadly similar conclusions since it did cut rates, presumably to stimulate activity.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people.
Taking a dig at those who have been attacking him over demonetisation, he said, "Some people have lost glow on their faces... earlier they used to chant money-money, now they are chanting Modi-Modi."
CRR to remain unchanged at 4.00 pc this fiscal
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