'Clearly, the financial system is a drag on the economy and underlines the need for improving banking practice, regulation and oversight.' 'Without that, and an end to the cronyism that caused part of the problem, one can kiss goodbye to 8% growth,' warns T N Ninan.
Meanwhile, India has cancelled all visas issued to foreign nationals coming from China as it stepped up efforts to combat the spread of novel coronavirus after 150 passengers were identified with symptoms of the deadly virus and sent to isolation units.
The approvals would be handled independently by administrative ministries of different sectors.
"We refuse to grant any relief," the SC said.
India will usher in 2016 with a three-week tour of Australia, comprising five ODIs and three T20 Internationals, starting January 12.
This could have huge implications for agriculture, food prices, supply and overall economic growth of the country
According to sources, employees from marketing, ad-tech, category, digital marketing, engineering team, catalogues, have all been asked to leave.
A realistic assessment will tell us that not much has changed between India and Pakistan; the relationship remains as fraught as before with little prospect of reconciliation, notes Ajai Shukla.
Jayalalithaa said that M Sasikala Pushpa was being expelled from all party posts, including primary membership, as she had acted in violation of the party principles and ethics.
The Paralympic Committee of India on Wednesday washed its hands off the reported incident of a blind para-swimmer being left to fend for herself in Berlin, saying the sanctioned amount could not be distributed due to the non-availability of court-appointed committee chairman.
He is nominated to the investment, innovation and audit committees.
Bollywood actor Salman Khan is "not apologetic" over his rape remark in his reply to the National Commission for Women, its Chairperson Lalitha Kumaramangalam said on Wednesday, noting the panel is looking into it.
'Pakistan has worsted India in the Afghan proxy war and the defeat becomes a template of regional politics,' points out Ambassador M K Bhadrakumar.
Why the case for investing in passive funds is becoming stronger.
EPFO's Central Provident Fund Commissioner K K Jalan has said that these directives shall help the body in getting the bank account details of all the members which are necessary for making UAN operational.
Michael Schumacher left hospital to continue his recovery at home but the former Formula One champion faces "a long and difficult road ahead" after his skiing accident last year, a statement said on Tuesday.
Prime Minister Narendra Modi, in his maiden Independence Day address, had made several promises to the nation.
There is merit in considering whether merchandise exports can be facilitated by halting if not reversing the rupee's appreciation, says T N Ninan.
Swami Om is back in the house and people are not the same.
BJP alleged that it was an attempt by a "grand alliance of most corrupt parties" to ensure that its "corruption" was not exposed.
According to a senior Planning Commission official, according to the new criteria evolved by members Abhijit Sen and Mihir Shah, henceforth BRGF amounts will be allocated on the basis of backward blocks and not just districts.
Once the income has been classified as either business income or capital gains, be consistent.
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
Over 1,000 people from six villages in Karimnagar district have been evacuated in the wake of flooding as heavy rains continue to lash Telangana for the last few days.
The city needs some autonomy, or it will continue to decline in all the ways that are familiar, observes T N Ninan
PAN is a 10-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department of India.
'Greatness can come from simple beginnings. Actually it will come only from simplicity. Glad to start my journey from a great man's simple abode,' the actor said in a tweet after visiting House of Kalam in Rameswaram.
'People have given me so much. That's the biggest award for me. No other award can be bigger than that. It's not like after winning an award, your job is done and you can relax. You still have to work hard.' Diljit Dosanjh gets ready for a new innings in television.
If the changes being considered by the EPFO become a reality, investors may have to be more active in deciding equity preference and when to withdraw money, reports Sanjay Kumar Singh
This was due to a planned expenditure being revised
Did the transaction fail? Did you receive your money on time?
The old note will continue to be accepted for other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15
A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments
PM Narendra Modi said to carve out new routes of peace and prosperity is the common goal of India, Iran and Afghanistan.
If your fund's expense ratio has risen dramatically after Sebi's recent changes, compare it with the category average before switching.
Hit by the new drug pricing policy and regulatory interventions, growth rate of the Rs 72,069-crore Indian pharmaceutical market has slowed down to 9.8 per cent in 2013 as compared to 16.6 per cent in 2012, says a report.
Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
Opposition members trooped into the Well of the House calling the government a "cheat".
Raj Thackeray-led MNS said that they will not oppose film's release.
While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate objectives, says Suresh Surana.