The longer it takes for RBI and the government to stabilise monetary conditions in the economy, the more severe and long lasting will be the damage caused to various sectors of the economy, especially to the informal sector, says Rajeswari Sengupta. Rajeswari Sengupta discusses the impact of this move on money supply, output and prices, in the short- and medium-term.
The 58-year-old businessman, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, has been missing since Monday evening from Mangaluru.
The Congress feels there was no articulation of a bold vision of a statement of intent in the Budget, no articulation of a direction in which the economy has to go, and it lacks imagination. Renu Mittal reports.
There can be many reasons for doing this; Naval Goel explains the entire process in seven simple steps
Details of identity and residence will not be required for exchange of notes between April 1 and June 30.
Congress has repeatedly alleged a "scam" in the purchase of Rafale fighter jets claiming the cost per aircraft in 2012 was agreed at Rs 526.10 crore while the one signed by the Modi government costs 7.5 billion (Rs 1,670.70 crore per aircraft).
Indian CEOs might like to make some serious course correction.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Data from Tamil Naduindicates that NEET favours likely CBSE students. CBSE students took every third seat available in government medical colleges in the state.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
'If Shivakumar and Deve Gowda play the match well, this government will complete five years.'
At the time of filling the KYC (Know Your Customer) documents (when joining), do not sign wherever you are asked to. In particular, look closely at the power of attorney (PoA) section, experts tell Sanjay Kumar Singh
Persons making disclosure of unaccounted assets will be given time up to November 30 to pay taxes
What are the mistakes a beginner tends to make when investing in equity?
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
In the second of a six-part series, Sanjay Jog of Business Standard walks across the streets of Indore to find out how it has been hit by demonetisation.
The longer a bear market lasts, the more the eventual returns are, says Devangshu Datta.
The Supreme Court on Tuesday reserved its order for Wednesday on suspended IAS officer Pradeep Sharma's plea to transfer probe of cases against him from Gujarat police to the Central Bureau of Investigation but refused to go into the snoopgate controversy.
The staff of public sector banks had gone on a nationwide strike for two days beginning February 10 after discussions with the IBA failed.
'Modi, with his sharply honed political savvy and undoubted grasp of international affairs, is a past master at taking the measure of world leaders.' 'He would be the last person to think of the unpredictable and not too well-regarded Trump as the mediator,' says B S Raghavan.
'Media reports have highlighted that hawala money is coming from Arab countries. And this money is used to create disturbances in Jammu and Kashmir.'
Former FIFA president Sepp Blatter acknowledged on Friday that he failed to reform the scandal-ridden world soccer organisation but asserted he was not responsible for corruption in its regional organisations.
After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian.
Timing is crucial for a short-sell, so is an understanding of likely float.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
Within the next two years, verification and scrutiny of returns will happen electronically through anonymised back offices manned by tax experts and officials. It will function without any personal interface between taxpayers and tax officers. Both the taxpayer and the tax officer will not know each other -- who is scrutinising whose return, and at which place, points out Kuldip Kumar, partner and leader personal tax, PwC.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
Ponzi schemes have characteristics that the informed investor can spot easily.
The protection of individual security and privacy is critical to building safe online systems, say Mitchell Baker and Ankit Gadgil.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
Sinha started his tenure at Sebi a bit shakily making people wonder if he'd complete his three years. Eventually, he went on to stay twice that long.
Leader of Opposition Ghulam Nabi Azad attacked the government for creating fear, alleging that it was just renaming the earlier policies without delivering their benefits to the poor and the needy.
We see none of the euphoric build-up customary to India's encounter with US presidents in recent times. This gives Modi wriggle room to work on the much-needed reset of India-US ties.
DLF wrote to Sebi, asking if the firm's ban on securities transactions extends to mutual fund investments.
'The farmer is furious because the MP government is trying to crush their agitation violently.' 'Such actions will have nation-wide repercussions.' 'Why this drama (Shivraj Chouhan's fast) after violently crushing the farmers' agitation?' 'He should resign immediately.'
Sebi had asked all listed cos to mandatorily appoint at least one woman director.
BSE needs to shift focus from trading to capital raisin
Challenges abound but innovation is key for new banks inorder to survive.
Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman
