Gold import in the December quarter is estimated to come down.
The young are most vulnerable to self-harm and suicidal ideas at this time.
Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.
If Jatin Singh is right in the long run and his morphed business can help reduce farmer distress, Skymet will provide a service of far more value from where it began
Restructured debt from Indian power distributors lures investors
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
CII suggested the policy measures required to ease the tight liquidity situation by cutting CRR by at least 50 basis points.
Reserve Bank Governor Raghuram Rajan on Thursday said the central bank will continue its focus on taming inflation, speeding up resolution of distressed projects and ensuring enough capital for banks through balance sheet clean-up.
'As an investor, I either have to exit my investments in the next three months or use dark pools or cash to transact. For a normal investor, it will be almost impossible to transact in bitcoin and other digital currencies.'
India needs a place where all regulators could gather and function as in a war room.
Coming down hard on the government for meagre increase in allocation for armed forces in the last few years, the Parliamentary Standing Committee on Defence said the outlay cannot even fulfill the basic requirements of the armed forces.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Punjab National Bank has the largest share.
The surge in deal value is largely due to the $12.9 bn Essar-Rosneft deal
While the deal would help reduce debt at Jindal Steel, it would also be a boon for State Bank of India, which has been trying to broker an agreement between the companies
'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.'
Opposition leaders plan to go to the people to create awareness, as well as protest the "erosion of RBI's credibility" in Parliament, in the coming days and weeks to build public opinion against the Modi government's move to take away the RBI reserves, reports Archis Mohan.
Falling incomes and longer winter to translate into lower demand for at least some months.
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.
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.
In Sehore alone, the home district of Chief Minister Shivraj Singh Chouhan, five suicides have been reported.
'After that, volumes and prices would move up.'
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.
'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.
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
At present, 100 days of work is provided to rural job card holders under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
"The tragedy of Jallianwala Bagh of 1919 is a shameful scar on British Indian history," May said.
Public banks may have a tough time in 2015 as they had to write off Rs 1 trillion.
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.
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.
Data used for the graph and cited elsewhere in the column were obtained from various publications of the RBI.
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.
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
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 benchmark M-30 variety of sugar has declined by over 3 per cent in November to trade now at Rs 3,694 per quintal
The central bank dashed hopes of any steep interest rate reduction.
