Leading bourse Bombay Stock Exchange on Tuesday favoured more stock markets in the country saying it will help in channelising the household savings into productive capital.
RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.
The two giants of Indian football, Mohun Bagan and East Bengal, are facing turbulent times. On the pitch, East Bengal finished a respectable third in the 2012-13 I-League season, while Mohun Bagan finished a disappointing tenth.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
The Ministry's decision comes more than a year after the payment scam at NSEL came into light in July 2013.
'Most of the agitations are staged by the Opposition to disturb the peace of the state.'
The Nifty had hit its third successive record high of 7,922.70 today.
Rajini's call may now force other political parties, including the DMK and the Congress, who are in alliance talks already, to come up with water proposals of their own in their poll manifesto. In a way, this may be a 'tactical victory' for Rajinikanth, says N Sathiya Moorthy.
For 20 years, the stock market headed nowhere, and this has created permanent aversion.
Buy shares of a good profitable, successful business, hold on for inordinately long periods of time, and live off the dividends. You will surely get wealthy in the long run.
'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
'Some farmers know when elections are due.' 'Before that, they take loans.' 'They then ask their farmer unions for loan waivers and the political party who shouts first about a loan waiver (gets the votes).'
The BJP chief exuded confidence that the party would retain power at the Centre in the 2019 Lok Sabha polls with more strength.
A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.
Thanks to Sharad Pawar and him alone, Maharashtra has shown that the Modi-Shah duo can be halted. The next step is to take the battle to Dilli, says Saisuresh Sivaswamy.
'A key trend that one should expect to see is tonnes of failures.' 'Several blockchain-focused companies will fail.'
If at all it was some great strategy, the delay has only helped the person they eventually arrested.
A well-established tax system would have a predictable buoyancy - how fast the collections grow as a proportion to the growth of the economy. But that is not the case with GST. It is still undergoing substantial changes as the government responds to structural as well as administrative glitches.
To ensure faster recovery of dues for entities hit by the Rs 5,600-crore (Rs 56-billion) fraud at NSEL, the government last month ordered the merger of the bourse with its parent firm Financial Technologies (India) Ltd.
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
Documents accessed by Business Standard show owners of suspected Hong Kong-based shell companies are spread across the globe.
With only one day left, the Winter session of Parliament is on the verge of a washout as it failed to transact any business again on Thursday.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
The Congress hit back saying the PM could not mislead the people by 'lying' as he had been 'exposed'.
Belgian-born Rich, whose trading group eventually became the global commodities powerhouse Glencore Xstrata, died in hospital from a stroke.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
'2019 is just a year away and Modi can do with some peace and tranquility on the external front.' 'There are risks, of course, but isn't Modi a risk taker?' asks Ambassador B S Prakash.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
A bail plea was also moved on his behalf. The court did not give any specific date for hearing the bail plea.
Prime Minister Narendra Modi arrived in his Lok Sabha constituency Varanasi on Friday morning the first time after assuming charge, where he is likely to firm up plans for its development.
'The BJP is no longer the BJP. It has become the Bharatiya Janata Poaching Party.' 'They talk of black money and here they are ready to pay Rs 100 crore to MLAs.'
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
CBI sources said the shell companies were allegedly being used by the suspects to divert loan funds meant for specified purposes, creating fake invoices, and 'round-tripping' of funds to evade taxes and generate black money.
One of the most pronounced features of people who shrilly demand change is that unless it comes in precisely the way they want it, they either say there has been no change, or that it is the wrong change. The Modi government, which is being accused of both things, provides an excellent and latest example of this.
Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse which has affected over 13,000 investors.
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
In yet another setback to it, the National Spot Exchange Ltd on Monday saw non-executive chairman Shankarlal Guru and another director quit, blaming 'bad people' in the management team for the crisis at NSEL.
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