Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.
BSNL told a government panel that it should be allocated 5 MHz spectrum in the 700 MHz band through the equity route
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Pranab Mukherjee, who himself was Finance Minister, said he was 'not disappointed' by the current economic situation in the country.
Rains bring Mumbai to standstill, commuters blame admin
'Where will industry have funds when they open up?'
The reason is believed to be a 19% increase in interest cost.
With the lockdown extended till May 3 to stem the spread of the coronavirus, the little money daily wagers had is mostly gone and so is hope.
'Not unlike politicians who gravitate towards whoever is in power, mafia dons too have a great survival streak, switching loyalty to the party in power,' observes Virendra Kapoor a week after gangster Vikas Dubey was slain in an alleged encounter.
Incessant rains continued to lash Mumbai city and neighbouring districts on Saturday, throwing normal life out of gear even as weathermen predicted heavy showers across the state for Sunday.
To ensure a better financial future, resolve yourself to follow these simple money tips.
The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
'Businessmen like Rajiv render public service when they speak truth to power,' observes Virendra Kapoor.
The indices closed with losses for the week, with the Sensex declining 476.14 points, and the broader NSE Nifty falling 155.45 points during the period.
In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.
The policy of buying players cheap and selling them for a higher price a few years on is a business model that worked well for clubs like Atletico Madrid and FC Porto. With the transfer window open for the next few weeks, Rediff.com takes a look at clubs that made smart deals over the years.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
A corpus of Rs 20,000-30,000 crore is under consideration, to narrow the input tax credit cycle and facilitate their working capital requirements.
Taking a sceptical view of MUDRA program, Shiv Sena sought to know when the distressed farmers get help and how does the government plan to curb their suicides.
Stock specific action is seen with some of the prominent companies posting their quarterly numbers.
'Basuda welcomed viewers into a world that was instantly familiar and comfortable,' observes Sukanya Verma.
Analysts expect banks with a strong deposit franchise to benefit from SBI's rate cut as they too are likely to follow the leader.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
Experts say the move will make matters worse for buyers, reports Karan Choudhury.
The reimposition of sanctions on Iran will have major impact on countries like India, with which it has traditional and historic trade relationship.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
The BCCI had been vehemently opposed to signing up with NADA, claiming that it is an autonomous body, not a National Sports Federation and does not rely on government funding.
Fanney Khan is in the same space as Tumhari Sulu and Secret Superstar, where starry-eyed aspiration and gullible hearts of gold go but nowhere as grounded in reality, feels Sukanya Verma.
As regards India, market valuations already reflect most positives.
Seven farmers, same woes. Their stories represent thousands like them who have marched more than 200 kilometre from Nashik to Mumbai seeking redressal of their woes.
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
With 4G coverage spreading, Indian consumers will likely be more open to investing in smartphones
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
Both Sensex and the rupee posted slight gains on Monday but Brexit concerns lingered.
The rupee has been under immense pressure due to a host of reasons including soaring crude oil prices, sustained foreign fund outflows and widening current account deficit.
Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.
The financial and commodity markets will continue to roil, as China's growth moderates and readjustments are made.
Despite its love for feel-good, Tumhari Sulu isn't stuck in a fool's paradise and confronts the conflicts thrown in its path, feels Sukanya Verma.
Besides launching 50 products with a refreshed logo, Britannia to issue bonus debentures of Rs 720 crore
Nestle India has tied up with five cement manufacturing units.
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