Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
Technical analyst will not be able to give contrary recommendations regarding a company
Sports Awards could to be delayed: Ministry official
Is there any use of a policy for which you keep paying premiums for 20 to 30 years and in the end your claim gets rejected? Harjot Singh Narula offers advice on how not to get your claim rejected
A quick bounce back of the Chinese stocks looks improbable now.
Govt looking for common ground on GST; hopes to pass it soon.
In a submission to the federal government on the size of the immigration programme to be set in the May budget, Australian Industry Group has asked the government to increase intake of immigrants from 190,000 to 220,000 in 2014-15.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
The goal of the Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households, a panel chaired by Nachiket Mor that submitted its report to the Reserve Bank of India last week, is truly a BHAG.
Abhijith Gopinath aka A.B.I was mocked through school and college. He found solace in hip-hop and chose love over hate.
The American-Pakistani terrorist's deposition will resume on Thursday.
Sirisena's sacking of Wickremesinghe was the culmination of an year of bitter relations between them on several policy matters. The president has been critical of the prime minister and his policies, especially on economy and security.
Khan's government will be the third consecutive democratic government in Pakistan since 2008.
Petroleum Minister Dharmendra Pradhan's wish to levy indirect tax on petrol unlikely to be taken up
The Azeri organisers of the European Games are prepared for anti-Armenian sentiment.
State Bank of India does not levy any charge for non-maintenance of a minimum balance in basic savings account.
'At this stage, you should distribute money and food.' 'Like you queue up to vote, let people queue up to collect this.' 'This will arrest the decline in demand which will have a multiplier effect on the demand side for the economy as a whole.' 'The government should earmark about 2% of the GDP for this.' 'And this should be the first step to revive the economy.'
The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
'The theme of death seems to be a theme about which many of us, raised in Western societies, have almost completely removed from consciousness; it represents a theme that is suddenly and forcefully resurging now.' 'And for some, this is scary and destabilising.'
We are in this mess as the machinery of the government in a market economy is broken. We need technically sound banking regulation, so that capital is not misallocated, and the landscape does not get littered with zombie firms kept alive through evergreening, says Ajay Shah.
Mind/life coach, NLP trainer and Mental Health Guru Anu Krishna answers readers' queries and guides them to take control of their life.
'Our daughter's name is ANITA-BRIGITTE. She should actually bear the name of AMITA, but the German authorities would have certainly objected to such an unusual name so we chose the name Anita which is almost sounding like Amita.' 'Brigitte was chosen by me because its short form in German is Gita.' Netaji's family had no idea that he had married and had a child till his brother Sarat Chandra Bose received a letter from Emilie Schenkl. A fascinating glimpse from Madhuri Bose's book, The Bose Brothers and Indian Independence, An Insider's Account.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
Most key rabi-producing states of north India, such as Madhya Pradesh and Rajasthan, have staggered their procurement to enable farmers to come in batches, so that there is no overcrowding. The Centre has also set up a call centre to coordinate the inter-state movement of farm commodities.
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
Denied of any relief from the UPA-II government, West Bengal Chief Minister Mamata Banerjee on Monday pinned her hopes on the new BJP government at the Centre for a positive response on the state's huge debt repayment problem.
The Survey lists some of the challenges that might impede India's progress.
Out of 67 fishermen, 49 are from Tamil Nadu, 13 from Kerala, four from Assam and one from Andhra Pradesh, they said.
Heed your liquidity needs before investing in an FMP.
The government would have to assure the Supreme Court that collection of biometric data under Aadhaar does not violate privacy.
How Raipur's District Collector Om Prakash Choudhary ensures that poor children study at good schools.
'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
Percy Mistry says things at market regulator Sebi are also in bad shape.
French driver Esteban Ocon will race for Force Indianext season after agreeing a multi-year deal, the Silverstone-based Formula One team said in a statement at the Brazilian Grand Prix on Thursday. Ocon replaces experienced German Nico Hulkenberg, who is moving to Renault, alongside Mexican Sergio Perez at a team co-owned by Indian tycoon Vijay Mallya and currently fourth in the championship. The 20-year-old is contracted long-term to Mercedes, Force India's engine provider, and made his debut this year with the lowly Manor team as a mid-season replacement for Indonesian Rio Haryanto.
News of all that's transpired on and off the football field
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
'As people have moved from cities to small towns and villages, they have carried the infection into new territories.' 'Poor healthcare infrastructure in these places should be a big worry in the days to come.'
Putting together all the required documents and surmounting legal hurdles could be a challenge for the nominee.
'The Budget numbers presented severely underestimate the magnitude of the unstated fiscal crisis that we went through in 2018-2019, which cannot be conceivably be fully reversed in 2019-2020,' points out Rathin Roy, director, National Institute of Public Finance and Policy.