Leading stock exchange BSE has initiated a process of putting in place a new risk-based model for supervision of market entities including brokers, taking forward a new model proposed by regulator Sebi in this regard.
'India's sizeable forex reserves should help stem a possible fall in our currency.'
The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.
The origin of the challenge is the so-called "fresh start" process. Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the credit culture. So, while'Fresh start' is a welcome step as it will free up the debtors from the archaic laws of the colonial era, debtors need handholding and counselling to prevent any misuse, says Tamal Bandyopadhyay.
'A fund investor could pick, say, three of the top active funds in any given category.'
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
Legal hitches appear to have cropped up in the plans to set up two new reactors in the Kudankulam Nuclear Power Project and a commercial agreement on it is unlikely to be signed at the Annual Summit between Prime Minister Manmohan Singh and Russian President Vladimir Putin in Moscow on Monday.
The government has provided no official explanation behind the note ban that is backed by hard data, says Debashis Basu.
The industry feels that prices of active pharmaceutical ingredients (APIs) can go up in the range of 5-15 per cent.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
Karnataka government on Saturday moved the Supreme court seeking a review of its order directing the state to release Cauvery water to Tamil Nadu even as it faced strident calls from opposition parties not to release the water "at any cost".
The Board of Control for Cricket in India on Sunday accepted the recommendations made by the Lodha Committee and formed a working group to prepare the road map for the future editions of the Indian Premier League.
Deras like Sacha Sauda made the poor feel secure, cared for, loved, provided a support system and gave them dignity, says Sanjeev Nayyar.
By 2030 India will be among top three countries in science and technology: PM
With the advent of new banks, IT firms will get boostto their businesses.
Modi also made a call for European Union unity and said India would play a positive role in enhancing that through Germany.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Narendra Modi was both conciliatory and mocking towards the Opposition, particularly Congress, during his hour long reply to the debate on the motion of thanks to the President's address in the Upper House.
While Sahara maintains it has already repaid more than 93 per cent of the outstanding dues directly to the concerned bondholders and the remaining amount was just about Rs 2,500 crore (Rs 25 billion), it deposited Rs 5,120 crore (Rs 51.2 billion) to Sebi in December 2012 towards the investor refunds as per Supreme Court orders.
The Pampore attack 'has the stamp of LeT written all over it.'
'They are exactly like the so-called fidayeen of the 1999-2003 phase, when J&K witnessed a surge in suicide attacks on various important garrisons,' says Lieutenant General Syed Ata Hasnain (retd), who served as the General Officer Commanding 15 Corps in Kashmir.
Mahesh Vijapurkar on how the celebrations for Mumbai favourite deity is now a combination of crass commerce and politics.
The level of preparedness of Daesh sleeper cells is evident from the fact that it took just four days after Salah Abdelslam's arrest to execute the Brussels attacks, says Lieutenant General Syed Ata Hasnain (retd).
'Where have we failed, as parents, teachers and leaders, that our children have forgotten all tenets of decent behaviour and respect for women?' President Pranab Mukherjee asks the nation on the eve of Republic Day.
The wars of the future will be fought over water and if they occur on large scale, will be far more devastating than any we have seen yet.
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
