With a sole mandate of inflation targeting, RBI wears many hats.
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Unions, which are protesting against FDI in the banking sector, are pressing for various demands.
Indian economy about to take-off
Sensex firm on favourable GDP numbers for FY16.
Case relates to alleged irregularities in '08 sanction to MCX-SX; Shah grilled in NSEL case.
Global liquidity expected to continue amid ECB stimulus
Sensex sinks into red at close on growth concerns.
Stability in currency markets was only restored from September.
It's crucial for Modi to make India an easier place to do business.
India's fourth largest software services firm HCL Technologies on Thursday reported a 53.7 per cent jump in its consolidated net profit to Rs 1,834 crore (Rs 18.34 billion) for the fourth quarter ended June 30, 2014.
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If we can come up with ways of sharing property rights on the internet, why not do something similar in urban spaces, asks Ajit Balakrishnan.
Budget might turn out to be neutral for the sector.
'Raghuram Rajan is a wonderful economist, but he is not a wonderful Indian economist.' 'He doesn't understand India in the granular form.' 'India exists only from Delhi to Nariman Point for him.' 'India is much, much bigger and complex.' 'The new RBI governor shouldn't get ready to open his umbrella when it rains in America'
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
Investors with stalled projects and mounting bad debt will refinance their loans.
India's banks are propping up too many weak producers.
Content marketing is perhaps part of the tectonic shift that is under way in media with the advent of the web, says Ajit Balakrishnan.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.
The 1995 judgment in the Union of India vs Cricket Association of Bengal case emphasised that free speech is essential for a successful democracy and citizens must have a plurality of views and a range of opinions on all public issues, says M J Antony.
He added that the risks can increase if the Chinese slowdown gathers more speed.
In this excerpt from a conversation with Samik Bandopadhyay, Mrinalda discusses three legendary actors he has worked with.
Taking away free healthcare facilities, as recommended by the Aayog, would place a huge burden on the people, especially in rural areas, says Devanik Saha.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Arvind Subramanian talks about US and China's power play and where India figures in these dynamics.
Arun Jaitley had proposed to set up a Public Debt and Management Agency.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
Move comes after the country's monetary authority tightened credit norms
A comprehensive technical framework needed, from which a more convincing policy could be demonstrated
Amid rupee sliding below 64 to a dollar, global agency Standard & Poor's on Tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.
The hype surrounding the Budget gives it undue importance.
The past decade saw three full cycles of markets moving up and then going into bear phases.
Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
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.
The successful implementation of the new Act will depend on a much bigger involvement of the state through a huge new superstructure of registration, certification and supervision
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
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