If anything goes wrong with SBI, it would have repercussions not only for the bank, but the whole financial system.
As demonetisation turns 100 today, there are more questions than answers with respect to PM Modi’s demonetisation move
Imports widened to $31.95 billion in January, up 10.7 percent from the same month last fiscal
Inflation in the 'fuel and power' basket more than doubled to 18.14 percent in January, up from 8.65 percent in the previous month. Inflation in diesel and petrol shot up to 31.10 percent and 15.66 percent during the month.
If one looks at the CPI numbers closely, the major part of decline has come from decline in prices of vegetable and food items.
It was a complaint by Subramanian Swamy in a Chennai in 1996 that led to a probe against Tamil Nadu Chief Ministers Jayalalithaa in what later came to be known as the "Disproportionate assets case" in which she was convicted by a Bangalore court today.<br />
As many as 4.01 crore ITRs were e-filed till February 10, 2017, an increase of 20 percent over the previous year.
Kant said, he is quite "sure" that President Trump will soon realise that such embargoes or restrictions will weaken America as input cost will raise enormously and the goods produced will become expensive for consumers.
Retail inflation, measured in terms of Consumer Price Index (CPI), was at 3.41 percent in December.
Jaitley said the Centre has made adequate financial allocation in the recent Budget for rural development such as power, irrigation, roads, drinking water, housing and MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act).
The industrial output was 5.7 percent in November and did not capture the impact of demonetisation.
Belying fears of slowdown due to demonetisation, indirect tax collection grew at a decent 16.9 percent in January buoyed mainly by excise, reflecting an uptick in manufacturing.
The government said, subsidised foodgrains will not be sold to anyone not having Aadhaar after June 30.
Outlining the focus of the budget 2017-18 at an event organised here by industry body Assocham, Das said, one of its objectives was strong fiscal focus
The Andhra Pradesh Chief Minister Chandrababu Naidu-headed committee on digitisation had in its report last month recommended a levy on cash deals beyond Rs 50,000 as it sought to discourage the use of physical currency.
The big gamble here is that the MPC expects the note ban impact to wear off and, in fact, growth to rebound sharply
Last month, Sebi had banned Mallya and six former officials of United Spirits Ltd (USL) from securities markets in a case related to illegal fund diversions, while probe is on into the role of auditors and change of control at the company.
The vote by the monetary policy committee to hold rates steady was 6-0, marking its third straight unanimous decision since being established in September.
In its economic survey released on 31 January, the finance ministry suggested setting up a bad bank that it said could be used to buy bad loans from the banks and deal with them through methods including conversion of debt to equity.
The RBI monetary policy committee on Wednesday voted 6-0, its third unanimous decision in a row since being established in September.
To date, of the identified $6 million in potentially improper payments, Cognizant has now recorded a total of $4.1 million in corrections, Karen McLoughlin, CFO said.
India Inc today said a rate cut was needed to revive demand hit by the cash crunch post demonetisation
The affordable housing market could be the channel for opening up other segments in real estate and now it is up to the developers to build confidence so that demand comes back
Economic growth for FY17 lowered to 6.9 percent; RBI pegs it at 7.4 percent in 2017-18
In its last monetary policy on December 7, the central bank had cut growth forecast to 7.1 percent, from its earlier projection of 7.6 percent for this fiscal.
This is the third policy review by the monetary policy committee
Cumulatively, India attracted USD 32.49 billion foreign inflows in April-November period of the current fiscal as against USD 24.81 billion in the same period previous year.
More than the interest rates, what is more interesting to watch is RBI forecast on GDP growth and comments from governor Urjit Patel on the growth outlook
Shanti Ekambaram, president of consumer banking at Kotak Mahindra Bank, said that implementation of the proposals in the Union Budget 2017 is critical as the country is coming out of demonetisation
After three months, the demonetisation pain has begun to ease as cash has slowly found its way back. It's time Narendra Modi presented the facts before the public