'After that, volumes and prices would move up.'
'Did she, for a minute, think of what I've gone through or what my parents have gone through?' 'I've gone through hell. I wasn't given a chance to grieve for Pratyusha.' 'It was her financial mess that landed her in depression.'
No major deals above the value of USD 300 million happened last month, causing the decline from January, which registered deals worth USD 3.5 billion, according to a report released by consultancy firm EY on Wednesday.
In Sehore alone, the home district of Chief Minister Shivraj Singh Chouhan, five suicides have been reported.
Mallya, whose Kingfisher Airlines owes money to several banks, had on Thursday said he will challenge UBI's decision to declare him a willful defaulter.
State Bank of India (SBI) chairman Rajnish Kumar, in conversation with Abhijit Lele, also says that the overhang of corporate debt stress will begin to recede in the next two-three quarters.
The government said there was no immediate plan to extend the 21-day lockdown period, which entered its sixth day on Monday, while the Indian Army dismissed as "fake" social media posts about a possible emergency declaration next month.
"The tragedy of Jallianwala Bagh of 1919 is a shameful scar on British Indian history," May said.
'We are really distressed. All of us are broken, shattered. Two years of hard work and crores of rupees have gone down the drain because of piracy.' The Great Grand Masti team speaks out.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
The rating agency official did raise concern about the banks' non-performing assets.
Housing market in Mumbai Metropolitan Region recording worst half-yearly performance since global financial crisis in 2008 has worsened the situation for them
Prof Ananth Narayan, well known financial expert who works as a faculty member at the SP Jain Institute of Management and Research and the RBI's nominee director on the board of Yes Bank, expects a double-digit contraction in India's GDP this fiscal year. In the first of a two-part interview to Shobha Warrier/Rediff.com, Prof Narayan, below, says, "Giving liquidity and loan to cover the cash flow problem is not sufficient because you are essentially increasing the debt of many of these companies. And they might not be able to bear the burden."
At present, 100 days of work is provided to rural job card holders under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
Distressing as the first month of the Trump administration -- with its missteps on matters of governance, ethics and protocol -- has been, it has been a comic opera of buffoons by comparison to the horrors that await us, fears Rahul Jacob.
Public banks may have a tough time in 2015 as they had to write off Rs 1 trillion.
News of all that's transpired on and off the football field
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
The past eight months have seen vast improvement in the Indian economy, says Edelweiss Group chairman and chief executive Rashesh Shah, who feels domestic-oriented sectors are likely to do better.
Data used for the graph and cited elsewhere in the column were obtained from various publications of the RBI.
The benchmark M-30 variety of sugar has declined by over 3 per cent in November to trade now at Rs 3,694 per quintal
In an offline chat, mind/life coach, NLP trainer and Mental Health Guru Anu Krishna encourages Rediff.com readers to talk about their problems and offers solutions.
The central bank dashed hopes of any steep interest rate reduction.
Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak earnings.
From banking reform to financial reconstruction, the bullet train, Navi Mumbai airport, choosing a new medium fighter aircraft to be made in India... time is running out for Modi. How could a leader as energetic and astute as Modi have left it for so late, asks Shekhar Gupta.
The apex court also observed that the compensation is not the remedy for the suicides.
The government's stance in the face of uncertain prospects for the private sector has been that public sector investment will drive the system.
Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take inherent risks while investing, says Hitesh D Gajaria, partner and head of tax, KPMG in India.
The progress we made in recent past should not detract us from making further structural reforms: Rajan
Economists have long argued that they shouldn't be expected to predict crises, such as the one that almost sank the global economy five years ago.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Conversion of outstandings into equity even partially should be a strict no-no says Chatered Accountant S Murlidharan
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
Prime Minister Narendra Modi's landslide election in 2014 raised hopes he would draw a line under India's socialist past, cut welfare and reduce the government's role in business.
The repo rate could be reduced by 50 bps in the current year.
'This prime minister thinks he knows everything.' 'He has to consult, he has to talk and he has to mobilise the best people, but having seen him function, I have no expectations from him.'
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
Shortly after the Union Budget was announced, political leaders from across the spectrum reacted to it. Here's what some of our leaders said.
At least five state-run banks on central bank's radar for lax credit appraisal
