In his first comments after resigning as RBI governor on December 10 last year amid sharp differences with the government, Patel said banks indulged in over-lending, while the government did not "fully play" its role, and also conceded that the regulator should have acted earlier.
'Both IIP and CPI inflation numbers are showing a huge disconnect from the leading indicators.'
All in all, Cairn India shareholders are getting a 9.1 per cent premium based on closing prices of July 22
As markets gain momentum, investors are again being lured into investing in ULIPs but they may face the heat in case markets fall.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
The ministry has also decided to offer station for redevelopment by inviting open bids from companies.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
In his Budget speech, the finance minister said: "We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits."
The FAQ also clarified that companies, including Titan, which supplies watches and jewels through their own websites will not be considered as e-commerce operators
To attract capital into infrastructure projects, the ratings system needs a fresh look.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
Raising concern about over-dependence of Indian capital markets on foreign institutional investors, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
The current 3-page form is simplified version of an income tax return form after removing mandated disclosure of foreign trips and dormant bank accounts introduced two years back.
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
Sanjay Kumar Singh tells you what to watch out for when buying insurance and investing in MFs online.
'Our thrust would be on basic facilities first like sanitation'.
Top 5 losers include Lupin, Cipla, Sun Pharma, Dr Reddy's Lab and GAIL down 1.6%-11%.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
The Reserve Bank of India (RBI) raised the minimum capital requirement for so-called shadow banks and tightened rules on deposits and bad loans to avoid any potential risk to the economy from these rapidly growing finance firms by regulating them like traditional banks.
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
The reason is believed to be a 19% increase in interest cost.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
Putting Indian markets on fire, the foreign investors have pumped in over Rs 1-lakh crore of so-called 'hot money' into stocks during 2014 -- taking their cumulative net investments here beyond Rs 10 lakh crore.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
The 35-year-old fails to understand how to decide whether a particular scheme should be kept in one's portfolio or not.
The Left parties, Janata Dal (United), and two other Opposition members on the committee opposed raising the foreign direct investment limit in the insurance sector from 26 per cent to 49 per cent.
Sinha says many fund houses not abiding by rules on minimum number of investors, awareness funds
Licence winners are expected to be announced by the first quarter of 2014.
In debt private placements, firms issue debt securities or bonds to institutional investors to raise capital.
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The ETF is expected to fetch the govt Rs 3,000 crore.
Sandeep Shanbhag offers tips on post Budget taxation rates.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
Paroma Chatterjee has done over 800 gigs, performed at many big clubs in India and abroad and won acclaim for her skill.
Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex
Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.
