Singapore Prime Minister Lee Hsien Loong has described the outbreak of violence among South Asian foreign workers on December 8 as "inexcusable".
The capital outlay to cover the modernisation programmes have got a hike of 10.05 per cent.
Believes companies would come to India eventually.
Recurring natural calamities along the east coast, especially Vizag and Chennai, to increase insurance premium rates in the region, reports T E Narasimhan.
Brokerage firm Ambit Capital has cut FY17 growth estimate to 3.5 per cent from 6.8 per cent and saaid there was even a possibility of growth contracting during the December quarter
Listed entities would have to co-operate with intermediaries registered with Sebi such as debenture trustees and credit rating agencies
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
The system has gone through three rounds of testing for its load-bearing capacity.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Speaking at the Global Innovation and Technology Alliance Platform in New Delhi, T Ramasami, Secretary, Department of Science and Technology said, India has captured a grassroot innovation system through formal structures.
'Some business families would probably have to revert to their core businesses, which the IBC will ensure.'
Cash flow-based analysis should throw up businesses better able to survive the transient effects of a working capital crunch, says Devangshu Datta.
The senior Congress leader also said over 90 per cent of jobs are in the SME sector which requires an urgent push to boost the economy.
High-networth individuals and domestic funds from India are eyeing a slice of the much-touted mega IPO of Chinese e-commerce giant Alibaba, which looking to raise an eye-popping $21.1 billion.
RBI Governor Raghuram Rajan expressed anguish at the banks' reluctance to pass on benefits of the earlier rate cuts.
Alibaba will acquire 25 per cent stake in One97 Communications.
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.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
In 2017, absorption in co-working/serviced offices was 2.83 million sq ft, about 186 per cent higher than that of 1.52 million sq ft in 2016.
Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
With EU, it is part of the FTA that we will need to negotiate.
Both the RBI and the central government should see that the transmission of the rate reduction by the banks happens soon, otherwise the whole exercise is futile, says Subramanian MV.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
Renting start-ups make a killing as millennials fuel sharing economy.
Government needs to rationalise taxation policies to promote investments through stock markets, says BSE chief.
Industry bodies said the decisions will help attract much-needed capital, create jobs, encourage collaboration and benefit cash-starved small and medium enterprises.
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
Venture capitalists are leveraging their experience to build something new.
IT sector has lots of hope from the Union Budget 2014-15.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
Helped by the Offer for Sale route, a whopping Rs 45,300 core was mobilised through public equity markets in 2013, a growth of 25 per cent over last year.
The earlier government was blamed for non-performance, the current one will be rightfully blamed for mismanagement
The Intel Capital-funded portal bets big on its 'Big Business' plan to drive growth and is in talks with investors to raise up to Rs 300 cr.
'India cannot function the Chinese way and the sooner people realise that, the better it will be.'
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
Tamal Bandyopadhyay details HDFC Bank's digital journey.
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