SpiceJet in a statement said that there is no default in payment to AAI since January this year.
'A key trend that one should expect to see is tonnes of failures.' 'Several blockchain-focused companies will fail.'
Dubai, Singapore, London are the top overseas markets for Indians
There would be an increase in NRI investment in India post elections.
The RBI also looked into the effectiveness of systems and processes for implementation of KYC norms
ED failed to obtain evidence with regard to financial links about the purchase of an island in Scotland.
The vertical will be based out of Bengaluru.
'A fresh look is being given to ways of processing, transmission, and delivery.'
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
In worldwide trade, the US dollar retreated from its recent multi-year highs to trade subdued against major rival currencies
Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase.
PM Modi to travel to Vietnam before going to China to attend G20 summit.
RBI had received 72 applications for small finance bank licences.
India's balance of payments in negative territory.
Maran challenged reports that he and another company official have been summoned as accused by a Delhi court in two tax evasion cases
Bandhan Financial Services, which is to start banking operations soon, has received a combined equity commitment of Rs 1,600 crore (Rs 16 billion) from International Finance Corp (IFC) and GIC, Singapore's sovereign wealth fund.
In the aftermath of the Easter Sunday terrorist attacks, allegations have been made that the Muslim militants in Sri Lanka draw sustenance from India. An overarching impression is being created that the ISIS is gaining ground in India, points out Ambassador M K Bhadrakumar.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
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Steps announced by new RBI Governor Raghuram Rajan could attract $10 billion of forex inflows in the next three months and this could be a material near-term positive for the rupee, which has lost 20 per cent since January, the London-based banking and financial services company said.
India's jewellery consumption in Sept quarter increases 5% to 193 tonnes.
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
Modi hailed the close defence cooperation between the two countries and welcomed the completion of the logistics agreement between the two navies.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
Lack of opportunities coupled with a desire to get rich quick in the West is fueling Punjab's human trafficking problem.
Draft guidelines for Small Banks and Payments Banks were issued by the RBI in July and comments were invited till August 28.
A special court on Saturday issued fresh summons against three accused in a money laundering case related to the Rs 3,600 crore VVIP chopper deal in which it had earlier issued an open-ended non-bailable warrant against British national and alleged middleman Christian Michel James.
US president Barack Obama new initiative to help millions of proud Indian-Americans directly invest in India's future.
There is merit in considering whether merchandise exports can be facilitated by halting if not reversing the rupee's appreciation, says T N Ninan.
Nomura has forecast the rupee at 61.6 against the dollar in Q1 and at 62 by Q4 of 2015.
Nandan Nilekani talks about moving towards a cashless economy and freedom of Internet, among others
As India gears up to honour its pravasis on January 9 to mark their contribution in the nation's development, rediff.com presents perspectives from eminent writers on the Diaspora. Kicking off the series is Ambassador T P Sreenivasan, who points out that the change of the Diaspora policy put in place by Rajiv Gandhi following the military coup in Fiji and his decision to stand by them, was the one defining moment in India's dealings with its overseas family.
A more effective promotion of domestic manufacturing and mining could significantly reduce the trade deficit in key sectors, says T N Ninan.
It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
Stability in currency markets was only restored from September.
The probe agency sought nine days further remand of Michel for his custodial interrogation saying he was not cooperating in the investigation of the case.
Comparing a state like Kerala with a nation like Somalia shows disconnect unbecoming of a prime minister, says Uttaresh Venkateshwaran.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
The rupee has depreciated by about 25 per cent in the past three months, from close to Rs 83 in mid-May, while it was even higher at about Rs 80 against the British Pound in March.
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