'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
'How can you ask the common man alone to suffer when the rich is not doing any sacrifice?' 'To take out 10% of black money, you are punishing 90% of the public who have genuine white money.'
Prime Minister Narendra Modi, in his second 'Mann ki Baat' radio address to the nation on Sunday, said as far as the issue of black money was concerned, he would work to ensure that every single penny was returned back to the country.
Narendra Modi on Thursday trained his guns on Sonia Gandhi, saying she should speak up on coal and 2G spectrum scams as he alleged that the Congress was "misleading" the country on issues like development, inflation and employment generation.
The RBI recently met with a handful of foreign banks and asked them to stop acting as market-makers for rupee NDFs, according to three bankers involved in the discussions.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
Modi attended the House during Question Hour as Thursday is the day of questions listed against the PM's name.
Cases across the country against defaulters who owe over Rs 1 crore each, reveal CIBIL data.
'If you go on with your start up ensure that you put all your might behind it.' 'Ensure that you talk to a lot of people and bounce off your ideas before you go out and make a pitch.'
CEOs of leading banks say third straight rate hike by RBI inevitable, though not desirable.
Even if Mudra steps in to play its main role of refinancing at some stage, the responsibility for the bad loans remains with the banks.
Taxpayers might face several issues while filing returns this year.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
Seeking to woo Muslims as well as upper castes, the Samajwadi Party on Wednesday promised quota in police and other government jobs for minority community, release of "innocent" youths jailed on terror charges and constitution of an upper caste commission in its manifesto brimming with sops.
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The broader consensus was that the Fed would cut the monthly stimulus of $85 billion by $10-15 billion.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
Your money is protected by the Deposit Insurance and Credit Guarantee Corporation.
Under attack from the Bharatiya Janata Party's prime ministerial nominee Narendra Modi, Samajwadi Party supremo Mulayam Singh Yadav on Monday hit back at him asking whether education and irrigation had been made free in Gujarat like Uttar Pradesh, and charged his party with instigating riots to impede growth.
Mop-up misses target as big FIIs skip issue.
BJP chief Amit Shah said that the government has brought the country out of policy paralysis.
If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information
Noted jurist Ram Jethmalani on Tuesday accused in the Supreme Court the National Democratic Alliance government and the previous United Progressive Alliance dispensation of failure to bring back black money stashed abroad and criticised leaders including Prime Minister Narendra Modi, Bharatiya Janata Party President Amit Shah and Finance Minister Arun Jaitley on the issue.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
In first half of year, firms raise more than banks on low US treasury rates.
Rejecting the charge that the National Democratic Alliance has done a U-turn on disclosure of names of black money holders, Finance Minister Arun Jaitley has said the government will not be pushed into an act of adventurism and jeopardise the chances of getting cooperation of other countries in future.
It is to keep labour unions away and make the employees feel important.
Replying to a debate on Motion of Thanks on the President's Address which was adopted by the House later amid walkout by Congress, he replied point-by-point to the issues raised by the Opposition, including surgical strikes and allocations for Mahatma Gandhi National Rural Employment Guarantee Act, agriculture sector and for Scheduled Castes. Opposition had moved 190 amendments to the Motion which were negated.
We need a change in mindset, says the RBI Governor.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI.
With a sole mandate of inflation targeting, RBI wears many hats.
The idea was that despite some defaults the high rates would assure good profits.
'There is a Jack Warner or two in every Caribbean parliament today.'
US indicts Rajya Sabha MP K V P Ramachandra Rao, a close associate of Y S Rajasekhara Reddy and his son Jaganmohan Reddy, in bribery and corruption case.
The sector faces many challenges and calls for prompt corrective action.
Meeting the disclosure norms isn't very easy.
'You may show at the end of December how much money has come into the system, but none would be the wiser because most of see only what we want to see and believe.' 'Some of us will see through it and you will make your proxies call us enemies of the State.' 'I was somewhat with you till here. But we diverge from here on until you can do something which will veer through my cynicism brought about by your policy,' says Harsh N Gokhale.
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