India must continue with its economic reform agenda or risk lose the credibility it has acquired in the world over the years, a top US administration official has said.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
'We began foolishly bragging about Saudi-Emirati investment plans as indicative of the sheikhs 'distancing' from Pakistan, including on Kashmir,' notes Ambassador M K Bhadrakumar.
20 lawmakers did not turn up on Thursday, including 17 from the ruling coalition, 12 of whom are corralled in a hotel in Mumbai, as the House debated in a surcharged atmosphere.
The move of the Tamil Nadu government to release seven convicts in the Rajiv Gandhi assassination case generated heat in Lok Sabha on Thursday with Congress and AIADMK members clashing on the issue.
The same sentence was also given to former officers K M Prasad (assistant director), Brajnandan Prasad Verma, Chandra Kishore Lal, Hemendra Kumar, Sunil Kumar Sinha, Braj Bhusan Prasad and Bhubaneswar Sahay.
The five Ahmedabad-based call centres that made calls to people living in the US are Hglobal, Call Mantra, Worldwide Solution, Zoriion Communications and Sharma BPO Services.
The Question hour in the Lok Sabha was also washed out for the second consecutive day as an aggressive opposition stalled the proceedings over the same controversy.
Call it the Aam Aadmi Party effect, as Bihar has decided to dismiss 91 corrupt public servants (officers) from service within one month with more on their way out in the coming months.
Liquidity continued to remain tight. The Reserve Bank of India had to infuse around Rs 15,000 crore (Rs 150 billion) into the system. The market however expects the tightness to ease during the week, with the onset of government expenditure and successive cuts in the amount to be absorbed through treasury bill auction.
With this, total inflows have reached Rs 3.98 lakh crore in the first 11 months of the current fiscal (2016-17). In comparison, Rs 2.07 lakh crore was invested in various mutual fund products during April-February period of 2015-16.
The evolving RBI-government relationship, a reversal in the interest rate cycle and return to profitability will dominate bankers' conversation this year, says Tamal Bandyopadhyay.
A part of the fabulous seven-strand necklace, they may fetch $7-9 mn.
A part of the fabulous seven-strand necklace, they may fetch $7-9 mn.
The Jammu and Kashmir government on Tuesday said it will protect the special status granted to the state under Indian Constitution.
Amit Shah said Congress cannot mislead people as they know who took away farmers' land and benefited business houses by giving away spectrum and coal mines in the past
Reserve Bank of India will resume issuing longer-term government securities next week under the market stabilisation scheme, along with the weekly auction of treasury bills.
President Donald Trump has tapped Jerome "Jay" Powell to lead the US central bank, bypassing Janet Yellen for a second term despite praising her excellent management of the world's largest economy over the past four years.
It's high time the government accounts everything on an accrual basis rather than cash basis
'It is this difference in their personalities -- one in eloquent command of the requirements of Parliamentary debate, the other unable to infuse spontaneity in his script -- that will be as much a factor in who India votes for next year, as other more germane factors,' says Vikram Johri.
Investors have pumped in nearly Rs 54,000 crore into various mutual fund schemes in January, with liquid, income and equity funds attracting the most of the inflows.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
Centre wanted to push the Banking Regulation Bill, the Opposition wanted to discuss stalking case.
The opposition on Wednesday lambasted the government in the Lok Sabha for making "tall promises" which were "difficult to achieve" to garner votes and asked the Bharatiya Janata Party-led ruling dispensation to explain how they would fulfill the aspirations of the people.
Congress cornered Lok Sabha Speaker Sumitra Mahajan, accusing her of 'bias' in the House.
The veteran parliamentarian gave vent to his pain and anguish soon after Speaker Sumitra Mahajan adjourned the House for the day amid trading of charges between the government and the Opposition on smooth functioning of proceedings.
Summers dogged by controversies over past views
Hemendra Hazari of Karvy Stock Broking believes that government banks will be impacted by rising bond yield because they have a much higher proportion of investments and their durations are higher too.
News of all that transpired on and off the football field.
The first phase of the trade deal includes IP protection and enforcement, ending forced technology transfer, dramatic expansion of American agriculture, removing barriers to American financial services, ending currency manipulation, rebalancing the US-China trade relationship and effective dispute resolution.
After Raghuram Rajan leaves, the world for the succeeding RBI governors will be distinctly different.
Venkaiah Naidu said 'let there be a discussion... November 8 is a historic day'.
Governor P B Acharya on Tuesday directed Speaker Imtiwapang to summon an emergent special session of the state assembly.
CBI also imposed a fine of Rs 30,000 on each of the convicted.
Is there a conflict of interest in civil servants having a decisive say on the recommendations made by a Pay Commission or is it time for a new review mechanism, asks A K Bhattacharya.
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