'One of the great assets that India has is its enormous intellectual content, enormous intellectual developmental content, and some of the things we need to be working on are unmanned systems, for example, the enormous opportunities for us to jointly partner and develop -- not simply sell our equipment to India -- but actually partner and develop in areas like drones, areas like advanced aircraft and even areas around certain missile systems, where we can have a win-win.'
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
Capital adequacy and tighter regulation are just one step forward.
Relaxing FDI norms will provide a major impetus to employment and job creation.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
If the alliance works out as planned, it will give a big boost to Mahindra, as it has been struggling with its only car model Verito, managing to sell around 200 units a month
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
The carrier is implementing a number of measures.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
One Chinese lie has been finally nailed this time by a team of Indian scientists who provide irrefutable evidence that rice did originate in India, a fact contested by China.
Growing and harvesting trees for productive and economic uses are once again dead in the water, says Sunita Narain.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
Commercial vehicles however declined by 2.83%
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
India's credit and banking are neither too big nor too small.
Jaitley's fiscal arithmetic, Crisil said, is "shaky", and the scope for fiscal slippage "remains high".
Just 4.6 per cent of all rural households in the country pay income tax while such households with salaried income are close to 10 per cent, the first socio economic and caste census released in eight decades said.
Its time the RBI, govt pushes reforms to boost global investment
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Exchanges have twin roles: commercial and regulatory.
The government is keeping its options open.
The government is determined to stop generation of black money, he said.
The infusion will help the airlines plan their next rounds of operations as easing of 5/20 norms
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
News of all that's transpired on and off the football field
Higher growth, reform bets have boosted returns but leave limited room for error.
Indian govt must find solution to ever increasing LPG subsidy. Govt must cap LPG subsidy.
Soon after Prime Minister Modi's assertion, the G20 countries also came down heavily on terrorism.
With their balance sheets under stress, private companies have lost interest in them.
'The Aam Aadmi's prophet is out of touch with both the city and his own flock.'
The PM-elect wants to fix the coal sector; cut coal imports by boosting output.
Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
Without the handsome receipts from the sale of government equity in PSUs and sharp increases in excise revenues from oil, Mr Jaitley's fiscal consolidation drive would have become even more arduous, says A K Bhattacharya.
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
Privatisation or consolidation into half a dozen large banks might not rescue public sector banks from the crisis they find themselves in.
