'I don't think Siddhartha has done anything wrong. He has not managed his debt well. In any case, he is not the best example of the system going wrong or the system pushing him hard. I think on that particular day, he was depressed and took an impulsive decision. It will be unfair to blame the system.'
If Modi wants to be a man of history, he must make hard choices that will pay off down the road, says T N Ninan.
Days before US President Barack Obama's high-powered visit here, the US-India CEO Forum has been reconstituted with Cyrus Mistry replacing Ratan Tata as its co-chairman
The stock market, the Survey felt, had run away from underlying real economy indicators and asked if this indicated rational confidence or irrational exuberance.
The bench said that Aadhaar may pass the test of 'legitimate state interest', but the doctrine of proportionality has to be satisfied.
The government had projected the GDP growth to be at 8.5%.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Watal panel had suggested an independent payments regulator be set up.
It's unfair, isn't it? That good borrowers are not rewarded for their discipline and are forced to subsidise indisciplined borrowers who may pose higher credit risk...
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Foreign investment cap in insurance sector raised to 49 per cent.
Mr Modi has indicated he will carry on, and intensify, India's 'Look East' policy. But this start is hardly inspiring.
Thanks to Rajan we are an inflation-targeting country now
The ISL champions would also be entitled to a play-off place in the AFC Champions League and the I-League champions would take a place in the AFC Cup.
There's a long way to go before human beings are replaced by machines -- in banks at least.
A report card titled '10 Years of Progress and Growth' highlighting achievements of the government led by Prime Minister Manmohan Singh on Friday said 'average GDP growth rate during the period of UPA government (2004-05 to 2013-14) has been 7.7 per cent despite two global slowdown in this period'.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
The government plans to bring down its stake to 26 per cent in these two banks, which are yet to be identified. This may not come in the way of getting investors for these banks, provided the government is willing to step back rather than run them the way it had been doing for over five decades since these banks were nationalised, points out Tamal Bandyopadhyay.
Strong MF investments, stemming of FII outflows and positive earnings in Q3 have helped market, say analysts.
'We have to make doing business in India easier.'
