Mukund Rajan, who worked closely with Ratan Tata, recalls the unique experience of working with the corporate titan.
Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.
GST will also make our exports more competitive and also provide a level playing field to domestic industry to compete with imports, the President said.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.
The Central Information Commission has directed the Central Board of Secondary Examination to allow inspection of class 10th and 12th school records of Union Minister Smriti Irani, rejecting CBSE's contention that it constituted "personal information".
While admitting that $12-billion deal to acquire the Anglo-Dutch steel maker Corus was 'expensive', Tata, however, said he was hopeful of a turnaround by the struggling European steel giant.
According to an official close to the development, in the coming financial audit report, to be tabled in Parliament's Budget session next year, CAG will detail the slide in the government's share in petroleum sector profits due to a drop in gas production.
'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'
Monetary transmission has been an issue for the Indian banking sector.
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.
In the atmosphere created by the reaction to the PNB fraud and RBI's resolution framework, "don't lend, don't resolve" is bound to become the bankers' new mantra, says T T Ram Mohan.
Sir Mark Tully on the magic of Indian elections. A fascinating excerpt from The Great March of Democracy: Seven Decades of India's Elections.
'Chinese leaders rarely receive their foreign guests in cities other than Beijing. Such respect for India!' 'Does it mean that Modi could replicate "the warmth and unconventional way" by sending Indian troops into Tibet, as Xi did in Chumur (Ladakh) when he arrived in India? Of course, Indians are far too polite to do so,' says Claude Arpi.
Parliament on Thursday cleared the decks for the rollout of the historic Goods and Services Tax from July 1 as it approved four supporting legislations to usher in the one-nation-one-tax regime.
Annabel Mehta, Sachin Tendulkar's mother-in-law, has dedicated her life to working with the Beautiful People of the other half of Mumbai without whom the city would neither exist nor thrive. Vaihayasi Pande Daniel met the amazing lady who was awarded the Member of the Order of the British Empire for her service to underprivileged communities.
FM needs to convince Indians to invest more in stocks.
The first major aspect is that of the veto power to the governor.
'If Chandrayaan 1 had a launch with GSLV, we need not have an orbiter for Chandrayaan 2.' 'We could have gone straight round the moon and landed on the moon.'
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
The government of India had budgeted to bring down fiscal deficit to 4.8 per cent of GDP in the current financial year, from 4.9 per cent in 2012-13.
Dr Renu Raj cracked the UPSC exams at her very first attempt. 'You should be sensitive to what is happening in society and you will get through the exams,' she tells A Ganesh Nadar/Rediff.com
A day after his dramatic announcement to quit, Terry Walsh decided to continue as India's chief hockey coach after the country's top sports officials assured him that his concerns will be addressed in a fresh contract.
News of all that's transpired on and off the football field
New models of skilling will provide both jobs and entrepreneurship opportunities to inspire recipients to capture the jobs or entrepreneurial opportunities they seek and provide them the agency to stay on and improve on their skills on the job, says Ganesh Natarajan.
Sudha Murty worries that India has still not learnt its lessons from history.
The Direct Benefit Transfer for LPG scheme was rolled out in 291 districts from June 1, 2013 in six phases to do away with the practice of selling the fuel at below cost rates.
News of all that's transpired on and off the football field
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
Terry Walsh quit as coach of India's men's hockey team on Tuesday after his demands were not met by Hockey India and the Sports Authority of India. The 60-year-old Australian, who guided India to the men's hockey gold at the Incheon Asian Games, however, said he could return if his demands are met.
The Australian Olympic team refused to move in to Rio de Janeiro's village for athletes on Sunday, saying the accommodation was "not safe or ready" for next month's games."
The government must not enter into what will be a little more than a large-scale transfer of taxpayers' money to the operators of private hospitals.
Markets are likely to go down, correct and stay subdued.
Breaking his silence on former army chief V K Singh's remarks that ministers in Jammu and Kashmir were given money by the Army, Chief Minister Omar Abdullah on Wednesday said the Centre should conduct a thorough probe as allegations made by Singh cannot be brushed aside.
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
The majority have stayed away from getting into cash handling.
Six money lessons you can learn from the popular game
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
Pakistani-American terrorist David Coleman Headley on Thursday exposed how Inter-Services Intelligence and Lashkar-e-Tayiba majorly funded terror operations in India.
Testifying before a Mumbai court for the second day on Tuesday, Pakistani-American terrorist David Coleman Headley said LeT had planned to attack Indian defence scientists at the Taj Mahal Hotel in Mumbai and that he was asked by Pakistan's ISI to recruit Indian armymen to spy for them.
