"There has been one meeting (on this). It is a matter of setting up the governance structures. Now ball is in the court of the Indian side to finalise the governance of the setting up of the fund. We are ready for it," the UAE ambassador Dr Ahmed Al Banna said.
Questioning the bullet train in view of the investment needed in Indian Railways is similar to saying that India needed to invest in primary education rather than in IITs, says Shreekant Sambrani.
Barack Obama and Raul Castro vowed to set aside their differences in pursuit of what the US president called a "new day" for the relationship between the neighbours.
In August, RBI allowed 11 business houses to start a payments bank.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
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This means individuals like Vikram Pandit, former Citibank chief, can be a promoter only if he comes back to the country permanently.
Unbanked customers can expect easier access to banking.
In the first tranche, the department will send out letters in 100,000 cases where the money spent is at least Rs 1 crore (Rs 10 million) each a year.
A Delhi court on Friday framed charges against five persons, including three former naval officers and an ex-IAF Wing Commander, in the 2006 Naval War Room leak case.
The Diaspora is no longer a mere remittance economy. It today claims dual loyalty and demands a say in Indian politics, says sociologist Shiv Visvanathan
A Delhi high court judge on Friday recused himself from hearing the plea of Congress president Sonia Gandhi's close aide Vincent George against a trial court order summoning him as an accused in a disproportionate assets case.
The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.
Education inflation abroad is high and the depreciation of the rupee can also set you back, says Vishal Dhawan
The government has to take a call on reducing or retaining the excise rate.
North Korea warns the US that it will soon 'suffer the greatest pain it ever experienced in its history'. Rajaram Panda looks at the latest twist in the North Korean crisis.
Emission norms for automobile industry should be tightened.
ICICI Bank has 317 branches in hitherto unbanked villages.
A leak of 11.5 million tax documents has revealed how the rich and powerful use tax havens to hide their wealth.
The really disturbing numbers relate to inequality.
Snapdeal delivers to the Dharavi centre, where buyers pick up their orders.
Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
Mirach said it has remitted $2.625 million to the Sebi-Sahara Fund.
Countries with abundant resources are faring worse in terms of development than those with less.
The government had in October 2007 set a sale price of $4.20 per million British thermal unit based on the price discovered by RIL from key customers.
The Enforcement Directorate has filed a fresh charge sheet, delving specifically into the role of British national and alleged middleman Christian Michel James and his few Indian associates, in connection with its money laundering probe in the Rs 3,600 crore VVIP chopper deal.
India will host the FIFA Under-17 World Cup football in 2017 with the world governing body awarding the right to host the prestigious tournament to the country in its executive committee meeting in Salvador da Bahia in Brazil.
"For my government, engagement with the India community abroad has been a key priority," he said.
He added that the risks can increase if the Chinese slowdown gathers more speed.
In a recent article, Rajan has ridiculed critics of the exchange rate policy.
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.
'The Communist rule in Tripura was exceptional while it lasted for a quarter century in giving good governance.' 'The chief minister himself was the paragon of virtues in his dedication in public life.' 'But all that still didn't add up when the BJP's dream merchants came up with their famous 'development agenda'.' 'One thing that emerges indisputably in the Tripura election results is that needs and aspirations more or less narrow down to one little word -- jobs,' says M K Bhadrakumar.
India said it firmly believes that a peaceful and secure neighbourhood will yield "rich dividends" for SAARC nations.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
India's real GDP growth is set to exceed 7 per cent for CY-2015.
Now candidates can appear for NEET any number of times.
The company and its sister concern, Forever Precious, owe close to Rs 5,500 crore.
Move comes after the country's monetary authority tightened credit norms
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