'Bono, every time you clap your hands, a woman somewhere in the land of Ahimsa, is being abused.' 'Physically, emotionally or financially; at home, in the street or at work...' 'Maybe just for a little bit, you could tweak your humanitarian mode and turn womanitarian while in the land of Gandhi,' asks Priya Mirchandani on the eve of U2's Indian debut.
India's lack of financial inclusion is well known but that slightly more than 50 per cent of the population just has a simple savings bank account is distressing.
Focus will, however, shift back to corporate earnings, liquidity situation and global events - specially crude price.
FDI is a major driver of economic growth and a source of non-debt finance for the economic development of the country. The government has put in place an investor-friendly policy on FDI, under which investment up to 100 per cent is permitted on the automatic route in most sectors/ activities. At $ 64.37 billion, FDI in 2018-19 is the highest ever investment received for any financial year.
His statement assumes significance in the wake of a row over the Centre's refusal to accept the United Arab Emirates' reported offer of Rs 700 crore to the flood-hit state.
With mosques shut, workers and daily wage workers are left to fend for themselves, underscoring once again the magnitude of the crisis of unemployment and poverty triggered by the lockdown, which began on March 25 to stem the spread of the coronavirus.
Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.
According to the RBI's Financial Stability Report, the industry's gross bad-loan is at a 14-year high. As RBI's March 2017 deadline for banks to clean up soured credit looms closer, Shailajanand Mishra takes stock of just how bad the situation is.
An American university, whose Indian students faced deportation in recent weeks, has blamed Air India and some of the deported students for the prevailing confusion on the issue.
Addressing the Congress Parliamentary Party meeting in Parliament House, she also attacked the governor of the state, Bhagat Singh Koshyari, saying he had acted in an "unprecedented and reprehensible manner".
Indian economy is expected to expand at 8.5-9 per cent over 10-15 year time frame once the structural issues hampering growth are addressed by the government.
Punjab government on Friday said that the Centre was making all efforts to locate the whereabouts of the 39 Indian youths who had been held hostage for nearly a year by ISIS militants.
The agenda for the year 2020 is well laid out -- launch of UDAY 2.0, installation of smart pre-paid metres, prompt payment by discoms, making coal available for short term and reviving gas based plants. But, it has to ensure effective implementation of various policy tweaks done so far.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
He added that the risks can increase if the Chinese slowdown gathers more speed.
You can improve your chances for high marital quality by using the power of 'thank you' as a recent study suggests that showing gratitude and believing that your partner values you, directly influences how you behave in your marriage.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
The biggest loss of jobs among salaried employees was of 'white-collar professional employees and other employees'. Among these are engineers including software engineers, physicians, teachers, accountants, analysts and so on, who are professionally qualified and are employed in some private or government organisation All the gains made in their employment over the past four years were washed away during the lockdown, reveals Mahesh Vyas.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
The formula for success of farm economy is very simple -- farmers should be able to produce more from the same piece of land at reduced cost while minimising risk and be connected to market to get higher realisation for their produce, points out Siraj Chaudhry.
'The finance ministry and public sector banks have tried to keep the names of wilful defaulters secret.' 'Secrecy and concealing information are inbred among banks and even the RBI,' observes Debashis Basu, editor, www.moneylife.in.
Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.
What's even more worrying is the age distribution.
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
Here are six New Year Resolutions which will definitely help in achieving your financial goals in the long run.
'The Make in India target of getting manufacturing to account for 25% of GDP by 2022 is quite impossible to achieve.' 'As for the role of technology in the average Indian's life, it is still quite basic -- mobile phones and Mars successes notwithstanding,' says T N Ninan.
The move will have cascading effects for lot of related sectors
'Kindly have us airlifted at the earliest. We are in a very bad situation here.'
Prime Minister Narendra Modi has managed to pull off what was unimaginable a year back -- adopting a much-needed centre-left approach, says Devanik Saha.
A good monsoon would translate into demand pickup across multiple sectors.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
"We have to make government responsible for this," the bench said and asked, "Why can't govt machinery stop stubble burning?"
Cancer cells thrive in acidic environments.
The initiation of IBC proceedings in respect of a debtor has certain drastic consequences on both day-to-day running of the business of a debtor and on all creditors generally.
'I don't think Siddhartha has done anything wrong. He has not managed his debt well. In any case, he is not the best example of the system going wrong or the system pushing him hard. I think on that particular day, he was depressed and took an impulsive decision. It will be unfair to blame the system.'
