Tearing into the claims of the United Progressive Alliance about its flagship employment generation programme MNREGA, BJP's prime ministerial candidate Narendra Modi on Tuesday alleged it had only "filled the pockets of Congress" and sought to debunk the much-touted RTI.
The RBI has agreed to consider the application of India Post in consultation with the government.
The former finance minister's only child was arrested at Chennai airport.
The Congress dared Finance Minister Arun Jaitley to do a full disclosure in response to his claim that revealing the names of those who have stashed away black money in foreign banks will embarrass the opposition party.
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
Dalhousie square has close to 55 historic landmarks.
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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
It is suspected that some portfolio managers at these banks, which have significant presence in Indian financial markets, could have helped their Indian clients to route their money back into India in disguise of foreign funds through use of investment vehicles across various jurisdictions.
Capital adequacy and tighter regulation are just one step forward.
'With technology advancing rapidly, the need for branches is declining.'
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
In the domestic market, the cost is a third but in the international market, we are finding it difficult to price it accordingly.
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Policymakers stepped in late Thursday to calm markets.
Sharp swings likely in equity, forex and bond markets.
The central bank says that PSU banks need to generate more internal capital and that the government should cut stake.
Anyone who has specific and definite information on black money can share it with Supreme Court-appointed Special Investigation Team going into the issue that can crack down on those stashing money abroad and at home.
The Supreme Court has not only exposed the BJP government's intentions, it has also questioned the government's credibility, which is a serious blow, says Sheela Bhatt/Rediff.com
Do not declare them under Income Tax.
An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
Finance Minister Arun Jaitley counter Rahul Gandhi's attack over issues related to the JNU, intolerance, inflation and foreign policy.
Maharashtra and West Bengal lead the way in bank fraud.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
The Republican aggressively blamed the nation's problems on Clinton yet found himself mostly on the defensive in their first debate as she accused him of racist behaviour and hiding his income.
Each scam that comes out in the open shows the regulators to be miles behind.
Other London properties, aircraft & offshore accounts are yet to catch the attention of regulators.
India has a double-taxation avoidance pact with Singapore and more than 85 countries.
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
On Monday, RBI announced that 26 entities, including Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital, L&T Finance and Bajaj Finserv, applied for grant of bank licences.
Pitching for larger opposition unity, six constituents of the erstwhile Janata Parivar on Monday shared dais at a mahadharna slamming the Bharatiya Janata Party's 'divisive' politics and accusing Prime Minister Narendra Modi of telling lies and not fulfilling poll promises on black money.
There's need to address growth, but weak rupee putting pressure on prices.
The Congress has never given India a PM who was a prisoner of his or her own image, said Rahul Gandhi at the party's MPs' meet.
In the global markets, the US dollar traded lower in early trade after former US Treasury Secretary Larry Summers withdrew himself from the race to be the next Federal Reserve chairman.
It, however, lags other states on crucial parameters such as health care and rural poverty.
A stream of people, including those from Rajasthan and Karnataka, walked into the only designated office before the closure of the one-time compliance window.
Gold demand in India is expected to be robust in 2014, likely leading to a further jump in smuggling if curbs on bullion imports remain, the World Gold Council (WGC) said.
While the rupee depreciation in 2012 persuaded many companies in taking hedges against their foreign currency loans, industry analysts feel it might not be sufficient to counter the swift slide in the value of the local currency.
ICICI Bank, SBI, Axis Bank and HDFC Bank dipped between 1-2% each.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Expressing happiness over the growth of the banking sector in the last 10 years, Finance Minister P Chidambaram today described it as a great achievement of the United Progressive Alliance rule.
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There is no doubt that the Modi government has showed greater urgency in unearthing unaccounted money stashed away by some Indians in tax havens and other countries, enjoying the advantages of the latter's banking secrecy laws.
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