Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Lower IT exports will raise India's dependence on capital flows to fund imports.
The strong words came after the ASG said that the MCDs and the other agencies need to work together in an integrated and synergetic manner to handle the problem.
Most Asian markets were trading weak on Monday.
Currently, the select committee is considering the Bill.
Lenders are not enthused because, as brokers, their responsibility towards policyholders will be higher than corporate agents.
Strong equity flows from domestic institutions, not foreign inflows, will be the real driver of the expected bull rally
The move comes a day after China lifted the 76-day lockdown in Wuhan, where the pandemic originated. China's National Health Commission (NHC) on Thursday reported 63 new confirmed cases of the coronavirus, including 61 imported ones taking the total to 1,104 cases.
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
The founders of Gland Pharma, led by Ravi Penmetsa, and KKR, together own 96 per cent of the company.
The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
The Reserve Bank of India also banned with immediate effect issuance of letters of comfort which, like LoUs, are used by importers to fund their overseas purchases.
The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
when the Maharashtra delegation of small and medium businesses arrived in the US on October 9, the Indian consulate decided against holding a standard reception replete with boilerplate speeches. Rather, the consulate put together a programme that would increase the chances of things working out for them. They held an event on Lex Terrae (law of the land).
Nokia said the freezing of the fixed assets would not have any impact on the day-to-day operations of the company.
'Life will not improve overnight; it will happen in a gradual manner.'
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
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Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.
Rumours about a spike in taxes for equity investors are flying thick and fast.
Airline says can't discuss dues publicly, denies grounding of planes
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings
For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.
In debt private placements, firms issue debt securities or bonds to institutional investors to raise capital.
India's rank was further amplified by the collapse of the South American and Russian economies.
According to the latest data released by the Securities and Exchange Board of India, the total assets under custody of foreign institutional investors in Indian equities declined by about Rs 44,000 crore (Rs 440 billion) to Rs 12.93 lakh crore as on July 31, 2013.
Congestion on Mumbai roads has become chronic.
The group also lauded 'Sebi's active cooperation' in the matter.
Budget should be a platform for govt to take bold steps.
More than half of Mallya's total package for 2015 has been paid by Mendocino Brewing Company for 'promoting' the company's beer brands
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
The rise of the mall in India, at a time when many in the United States are becoming debt-ridden white elephants.
The listing would help the company expand.
They now believe their money will be repaid after completion of the tenure of the instruments they have invested in, says Anup Roy.
The ED has attached assets to the tune of Rs 9,003 crore and filed 173 charge sheets in the financial year 2014-15.
While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.
Liberalising regulations on satcom technology could attract billions of dollars in foreign investment.
