'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.
'When the government wants to sell these assets, even if one set of assets gets caught in any quagmire, the whole process will fail.' 'The entire world is watching us.'
'Overall, compared to the previous episode, we are in a better shape because the vaccine is already out there and vaccination drives are proceeding'
"We see the Indian economy rebounding from our projected 6.1 per cent growth this fiscal year to something like 7 per cent in the next fiscal year (2020). We see the factors that will support growth, including monetary policy stimulus, working their way through the pipeline," Jonathan Ostry, Deputy Director, Asia Pacific Department at the IMF, told reporters.
What makes these players such hot properties at the IPL Players Auction?
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
There is a huge opportunity for foreign investment in India as the government focuses on rapid infrastructure development in the country, Finance Minister P Chidambaram said.
International Finance Corporation will put in $200 million and HDFC will contribute $600 million to create $800-mn corpus for affordable homes
The meeting is taking place under the shadow of a fierce border row between India and China, both members of the influential bloc.
The Budget will obviously be crucial. But US President Donald Trump may have even more of an influence than Finance Minister Arun Jaitley when it comes to sentiment, argues Devangshu Datta.
Though the US has got together a number of vetted and potential Indian business partners, most of these companies say they haven't had much luck in stitching up deals to tap into India as an export market for their goods.
India and Italy inked 15 pacts and finalised an ambitious action plan to further expand their ties following a virtual summit between Prime Minister Narendra Modi and his Italian counterpart Giuseppe Conte that primarily focused on ramping up economic engagement.
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
China has demonstrated that it has the power to not be isolated, and it is likely to become more powerful over time.
China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.
Furthering Indo-US cooperation on terrorism, Prime Minister Narendra Modi and President Barack Obama on Tuesday agreed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks like Lashkar-e-Tayib, Jaish-e-Mohammad, Dawood-company, Al Qaeda and the Haqqani network.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
Reflecting a new sense of bonhomie between India and the United States, top American lawmakers on Wednesday praised the leadership of Prime Minister Narendra Modi and underscored that the bilateral relationship has entered a new phase.
To facilitate foreign direct investment (FDI) in high- speed rail projects, the government is likely to allow private sector entry in operations.
In India, the company serves customers such as stock exchanges, brokers, non-banking financial companies, financial services and insurance, IT and IT-enabled services.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
Chairing an exclusive roundtable with 42 global CEOs and top executives from across 20 sectors, Modi stressed on continued political stability in India, predictability of policy, and pro-development and pro-growth policies.
The Prime Minister's visit to Japan reinforces the strategic focus of global partnership between India and Japan.
Prime Minister Modi will meet President Obama at the White House on September 29 and 30, US officials said.
Former Australia opening batsman Matthew Hayden said he has "dodged a bullet" after suffering a fractured bone in his neck and serious facial injuries while surfing at the weekend.
India will have to show more willingness to import, and since Biden will not encourage sale of oil and gas to bridge the gap, it means there has to be more meaningful duty reduction in other areas even if Delhi baulks at a Free Trade Agreement so soon after walking out of RCEP.
'Modi's promise of change during the election campaign was on the domestic front, but his first year in office focused on foreign policy beyond all expectations,' says Ambassador T P Sreenivasan.
Modi is also scheduled to hold a bilateral meeting with Xi on Tuesday.
Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.
"So you will not have anything better... democracy loving, capitalist respecting environment... in India," Sitharaman said at the event hosted by the Federation of Indian Chambers of Commerce and Industry in association with the US India Strategic and Partnership Forum.
He also said it was important that even during the difficult moments of this "crisis" India has been communicating and engaging with China.
The private sector accounted for 30 per cent of all investment in infrastructure in the last Plan period and is supposed to mobilise 50 per cent ($500 billion) of the planned infrastructure spending for 2012-17.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Risk aversion is currently a dominant depressant to economic recovery, points out Shankar Acharya, former chief economic advisor to the Government of India.
Pompeo, who became the Trump administration's highest ranking official to visit Sri Lanka, said that the US and Sri Lanka shared a vision for democracy to build a relationship and the "freedom to hold democratic elections".
Its entry will increase competition especially when WhatsApp too has received approvals to launch payment service.
All FIPB records will now be digitised; old and unnecessary files will be weeded out
