The big test will come at the end of March when the fiscal year ends and banks tend to hold on to cash.
Unfazed by the absence of leaders of the Left, the Janata Dal-United, the Samajwadi Party and the Bahujan Samaj Party, Congress leader Rahul Gandhi and Trinamool Congress chief Mamata Banerjee along with some regional parties on Tuesday sought to put up a united face raising the pitch against demonetisation by demanding the resignation of Prime Minister Narendra Modi.
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
It is unrealistic to expect that change will happen in one year: Birla
'AAP's role in history will not be judged by the kind of administration it provides.' 'If it could change the system, if it could change the very nature of the establishment, only then will it be remembered in history.'
The offer, open on April 10-26, was meant to acquire close to 38 million shares at Rs 1,440 a piece.
'The day-to-day control of banks is in the hands of political bosses and bureaucrats who are not answerable.' 'The political system uses the banks as a helicopter to throw money to the sector they want to patronise in order to win the next election.'
A common factor that binds all these men is greed.
Do not declare them under Income Tax.
The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
The total valuation of Tata Teleservices, according to the valuer, was only Rs 11,000 crore (Rs 110 billion), against the pre-agreed valuation of Rs 27,000 crore (Rs 270 billion).
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
Protests continued to stall the monsoon session of Parliament, as it entered the last week on Monday.
FDA had also issued warning letters to Ranbaxy's Paonta Sahib and Dewas facilities as it found extensive problems and deviations from manufacturing norms.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The FM should quietly get the oil companies to offload the shares in the market and pocket the gains
Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
According to sources familiar with the development, Sebi has decided to make references to the Ministry of Corporate Affairs and the Department of Revenue, citing violations of the Acts these bodies govern.
He is, at the closing of 2018, a man quite different from the Peter Mukerjea who entered judicial custody three-and-a-half years ago. He is a man not yet convicted of a crime, but already suffering for it, like the hundreds that enter these courts every day and the thousands Peter shares jail space with in a central Mumbai prison.
Here's how to get out of this situation without hurting your CIBIL score.
Wilful defaulters will not be allowed to take up board positions in any company.
With time the start-up action plan will need to be tweaked and will need to move in the direction of removing both hurdles and privileges.
The idea of strategic disinvestment seems to have been dropped by the government.
While an embarrassed government is using technical procedures to ensure that the no-confidence motion does not come up for discussion, the Seemandhra MPs are struggling to get the required support for it. Anita Katyal reports.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
Opposition members kept on shouting 'Pradhan Mantri sadan me aao'.
FM should avoid proposals such as to tax financial transactions and fringe benefits
Deadlock in Rajya Sabha continued for the fourth day on Thursday as opposition kept demanding a reply by Prime Minister Narendra Modi on a debate on religious conversions, which the government steadfastly rejected.
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
It emerges that not only does the CIDR project fails the test of fairness, justness and reasonableness besides the test of not being fanciful, oppressive or arbitrary; it also fails the test of Arthashastra, Hadith and the Bible.
The company faces $3-bn payout to Econet Wireless.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
India rejected the proposed interim measure and trade facilitation agreement, risking an outright collapse of the ongoing talks.
The Congress on Saturday claimed that Narendra Modi's campaign would soon peak as he has nothing new to say and keeps making 'mistakes'.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
The Question hour in the Lok Sabha was also washed out for the second consecutive day as an aggressive opposition stalled the proceedings over the same controversy.
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HC restrains Nokia from selling, transferring ownership rights in India.
'If some Europeans do not allow Muslims to assimilate into European national cultures, some Muslims also refuse to try and adopt and assimilate.'
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