Reserve Bank of India Deputy Governor Viral Acharya is the eighth economist to quit since the Modi government took office.
Aavas is turning heads in the country's mortgage financing space because it selected to do business in a different way, says Mudar Patherya.
India's gold obsession needs a correction.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
'Investors should not commit fresh money to these stocks right now, unless they can hold for the next three to four years.'
"When you tell one lie, you need to keep spinning out more lies, to cover up the first one. In her eagerness to defend the PM's Rafale lie, the RM lied to Parliament," Gandhi tweeted.
'Why are FMPs used as a vehicle for promoter funding against listed shares?' asks Debashis Basu.
'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse which has affected over 13,000 investors.
'Most of the agitations are staged by the Opposition to disturb the peace of the state.'
What kind of chowkidari is Narendra Modi doing, asks Rahul.
The issue of lynchings resonated in the Rajya Sabha; while in the Lok Sabha, the Opposition accused the government of not being sensitive towards farmers' issues.
Former telecom minister A Raja, Dravida Munnetra Kazhagam MP Kanimozhi and 17 others were on Friday chargesheeted by the Enforcement Directorate in a special court in connection with a money-laundering case relating to the 2G spectrum allocation scam in which the party-run Kalaignar TV was allegedly paid Rs 200 crore by the promoters of Swan Telecom.
Modi along with Assam Governor Jagdish Mukhi and Chief Minister Sarbananda Sonowal also walked a few metres on the bridge.
'These are only passing clouds. The banking industry is a century-old industry and this is not the first time it is going through such a crisis.' 'When the economy revives, those companies that are in the infrastructure fields will also get revived.' 'After all, a lot of money has gone into creating assets like power projects and roads, so you can't say money has been wasted.'
The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.
Asked about the selection of chief ministers in Rajasthan, Madhya Pradesh and Chhattisgarh, he said there will not be any issue and it will be done smoothly.
Later, Kejriwal says there is tremendous pressure on police to register fake cases against AAP leaders.
After the Bihar setback, these are the issues the PM must address to maintain the people's faith in him.
He said the NDA's work culture was different from that of the previous governments.
India's real risk is not that crony populism would fail, but that it would succeed, consolidating a path that is fundamentally a trap, both in terms of social inequalities and long-term growth, says Michael Walton.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
Bankers pay a small price for their misdeeds, no matter how large the cost to their banks or to the economy at large, says TT Ram Mohan.
This has been the CM's shortest stint in power -- three days.
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FTIL group is in big trouble after over Rs 5,500 crore payment crisis surfaced at its subsidiary NSEL last year.
Embarking on a 'Save Farmer March' in Odisha, Rahul Gandhi on Thursday accused the Narendra Modi government of neglecting farmers and took a dig at the prime minister, asking when will the promised 'achche din' come for them.
A glance back at some of the important ups and down Indian Inc faced in 2018.
"Fitch Ratings has placed Punjab National Bank's (PNB) Viability Rating of 'bb' on Rating Watch Negative (RWN), following the large fraud reported by PNB," the US-based agency said in a statement.
'One thing is sure: After this Budget, no Ambani-Adani tag will be attached to the government.'
'Modi wants to reverse everything Nehru did, but is shy of touching his daughter's most unwise policies.' 'There is no example of this more stark than bank nationalisation,' says Shekhar Gupta.
'This coming general election is not going to be about manifestoes.'
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
The agency did not seek a reappointment in FY12.
The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.
He said the "countdown has begun for Narendra Modi," citing the results of Rajasthan by-polls in which the ruling BJP faced an embarrassing defeat at the hands of the Congress which won two Lok Sabha seats and one assembly segment.
Government claims big successes in agriculture, rural roads & investment scenario.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Police raided the Frankfurt headquarters of Germany's football association (DFB) on Tuesday and searched the homes of officials to investigate suspected tax evasion linked to the awarding of the 2006 World Cup, prosecutors said.
Mumbai dancers fuse lyrical hip hop and b-boying with elements of American cheerleading and trapeze-esque bits from the circus.
