The government wants the RBI to part with most of its profit as dividend.
The Centre will take a decision on declassification of files held by it related to Netaji Subhash Chandra Bose only after studying its impact on India's relations with other countries, Union Minister M Venkaiah Naidu said in Hyderabad on Saturday.
Festive season is the mainstay of most brick and mortar retail chains.
The rate of cash withdrawals over deposits was almost double in Uttar Pradesh, Andhra Pradesh and Telangana, according to the latest analysis submitted by the RBI to the finance ministry.
The IL&FS management is also talking to its second-largest shareholder, Orix Corporation of Japan, to infuse more funds into the company - in case any shareholder backs out during the rights issue.
Young Indian entrepreneurs hope to share some of the limelight too at the Hyderabad event.
'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.
The Election Commission said July 18 is the last date to file nomination paper.
Clashes were reported from Kharagpur in West Midnapore district, Narayanpur in North 24 Parganas, and Alipurduar town in north Bengal, among others.
With almost all opposition parties and several trade unions backing the 'Bharat Bandh' and many announcing parallel protests in support of the farmers, the Centre has issued an advisory directing all the states and Union Territories to tighten security and ensure COVID guidelines are followed.
Delhi police on Saturday filed chargesheet against 13 persons arrested in connection with the petroleum ministry document leak case.
One of the most important cases which have political implications is the Ayodhya land dispute case.
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
Refusing to link his seeking voluntary retirement, a year before his superannuation, to his transfer to the relatively low profile power ministry, he said that he had conveyed his decision to the Prime Minister's Office on July 18.
Finance Secretary Hasmukh Adhia vacates his post on November 30 and Expenditure Secretary Ajay Narayan Jha, the second seniormost bureaucrat in the finance ministry, retires on January 31, the day before Jaitley presents the 2019-20 interim budget.
A lowdown on what's happening in the Malayalam film industry.
Be it bad loans resolution or his uncanny focus on inflation fighting which earned him criticism of being a policy hawk, Acharya was at the centre of it all and deftly steered the policy machinery.
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
Elections for 19 Rajya Sabha seats spread across eight states will be held on Friday with the contest in Gujarat, Madhya Pradesh and Rajasthan promising to be a close affair between the BJP and the Congress.
I think it is best to abolish the Padma Bhushan and Padma Vibhushan -- they dilute the value of the Padma Shri, says RTI activist Subhash Chandra Agrawal in an interview to Indulekha Aravind
Narendra Modi on Thursday hit out at Congress for 'chai-wala' barbs, saying the ruling party was mocking at the poor whom it has used only as a vote-bank without doining anything for them.
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
About 200,000 ATMs can dispense the new series of Rs 500 notes
They may not have shared the same roof over their heads for decades now, but even as Prime Minister-elect Narendra Modi prepares to move to Delhi from Gujarat, his wife Jashodaben could find herself under the same security cover as her husband.
'His (Das) approach to work seems that of working as a team with ease in communication.'
So what's up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same time.And if Naresh Goyal of Jet Airways and Subhash Chandra of Zee Entertainment do bow out, will it be seen as chickening out when the going got tough or the entrepreneurial instinct of surviving to fight another battle waned, wonders Shailesh Dobhal.
Rijiju said India has approached a number of countries to retrieve any documents related to Netaji and they have responded to the requests.
RBI may also be open to injecting liquidity through open market purchases of bonds but is resisting relaxing capital buffers for banks.
Veteran Congress leader Digvijaya Singh and Bharatiya Janata Party candidates Jyotiraditya Scindia and Sumer Singh Solanki on Friday won Rajya Sabha election from Madhya Pradesh.
This is mainly due to GST impact on manufacturing and subdued farm output.
He cautioned people against forces inside and outside India which are working against the country by targeting it and its constitutional values.
Rampant corruption in the Uttar Pradesh police is an open secret. But how blatant it has become has been spelt out by none other than widely known ruling Samajwadi Party Member of Legislative Assembly Ravidas Mehrotra.
Australian batsman David Warner expressed apprehension about Test cricket's survival should the proposed 'rebel' league to be bankrolled by Indian business tycoon Subhash Chandra takes flight but added that the vast sums of money on offer could not be easily rejected by players.
Cupid has played its role for years in the 200-year-old Presidency University in Kolkata but for the first time, love will now become a subject of study in its undergraduate curriculum. The unique interdisciplinary course on love would be offered by the varsity's sociology department and would be available to students of all streams as a 50-mark optional paper.
Odisha Police, however, ruled out involvement of Naxals in the Hirakhand mishap.
The meeting was convened by the Congress. Six major parties -- the DMK, the SP, the BSP, the TMC, the AAP and the Shiv Sena -- choose to stay away. The BJP took a swipe at the absence of major opposition parties at the meet and also said that their anti-CAA resolution must've made Pak happy.
Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.
Delhi, Uttar Pradesh and Jammu reported one case each, officials said.
ICC confirmed it was investigating the registration of company names which it regarded as of 'concern to the sport of cricket'.
BJP chief Amit Shah had set a target of winning 22 Lok Sabha seats out of 42 seats in West Bengal.
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