In the first week of January, the two Sahara companies-- Sahara India Real Estate Corp and Sahara Housing Investment Corp -- moved the Supreme Court saying the money deposited with Sebi -- Rs 5,120 crore (Rs 51.2 billion) -- was more than adequate to meet payments to investors and the matter was to come up for hearing next week, the counsel said.
The renminbi is likely to be used increasingly for current account purposes, but its use in capital account transactions will hinge on convertibility in China.
A high-level meeting, attended by Prime Minister Narendra Modi, on Saturday discussed ways to make the Somnath temple complex in Gujarat more attractive for tourists and create the related infrastructure for the purpose.
The media started talking of a world dominated not by G-7, but by G-2 consisting of the US and China.
The famous pilgrim place of Lord Shiva, the Somnath temple in Gujarat will now be off-limits for non-Hindus as authorities have decided against entry to people following other faiths without prior permission.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
The Indian economy can grow if it is delinked from the slow growth in the West and the deceleration in China, says Ashok K Lahiri.
The UK has had a complex relationship and checkered history with the EU.
Commodity exchanges are all restructuring their boards of directors, after the recently issued guidelines of the Forward Markets Commission.
The trust has around 35 kg of gold and will deposit the gold which is not in day-to-day use of the temple.
Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.
Demonetisation should be judged to have delivered some immediate gain if at least around Rs 2 trillion gets immobilised.
In UP, the BJP focused carefully on the sub-caste divisions within the Dalits and also gave a large number of tickets to SC candidates from sub-castes.
Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.
There is a clamour for changing land-use from agriculture to commercial, residential or industrial.
A policy-related problem that urgently needs to be redressed is the 'miniaturisation' of projects.
The need to allow government shareholding in public sector banks to come down below 51 per cent
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