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RBI’s rejection of the deal basically indicates that it does not trust the books of non-bank companies, particularly, those with links to the real estate sector. That would have ripple effect across the sector and increases the risk of contagion as fear and a trust deficit spreads throughout the financial system.
The IUC regime is an incentive for incumbents to keep providing outdated 2G services and avoid shifting to full VoLTE 4G networks
The DA hike for government employees comes at a time when their private counterparts find it tough to convince their employers for a parity of treatment.
The underlying basis of scrapping interconnect usage charges (IUC) was the maximisation of consumer welfare in a sustained manner and adoption of more efficient technologies that are vital for orderly growth of the telecom services sector in India.
Chinese President Xi Jinping comes to India after having met with Pakistan Prime Minister Imran Khan in Beijing for the China-Pakistan Business Forum. Therefore, Kashmir, CPEC and terrorism could be tricky subjects at the summit.
From the RSS chief’s speech it is more than evident that he is satisfied with the performance of the Narendra Modi government — but the cautionary signals are also clear.
Early company updates show that the consumer economy remains under stress but there’s a way out of slow growth
Countries with a large informal sector benefit the most from reform
It is time India’s telecom regulator takes a stand to stick to its decisions, deferring it only raises doubts
If Digital India must be more than just a slogan, the telecom regulator and the government should keep their word. By doing so they will be sending the message that they are pro-consumer, pro-technology and anti-subsidy for those who don’t deserve it.
The Modi-Xi informal summit is a good time to analyse the economic capacity of China, especially the role of manufacturing sector, in powering the country and its positioning in the China-India dynamics.
RBI analysis shows that the manufacturing sector was worse off than the services sector in the June quarter.
Internal strife, mass desertions and leaders working at cross purposes — the Congress is yet to find its feet in the run-up to the Maharashtra assembly polls due on October 21.
There’s a curious link between the fine print of CCI’s mergers and acquisitions move and another proposed amendment in 2018 that was eventually dropped.
The high industrial growth achieved by Bangladesh can be attributed to an openness to foreign investment and improving the ease of doing business. This is in contrast to the policy situation prevailing in India marked by a degree of protection and regulatory hurdles.
Patanjali’s fall from growth was as swift as its rise. Away from limelight, it appears to be resurrecting itself
If CCI blocks Hyundai-Kia’s investment in Ola, M&M’s acquisition of 55 percent stake in Meru may hit the walls of the antitrust watchdog.
The tussle between the old and the new in the Congress has reached a flashpoint. It’s advantage BJP for state Assembly poll
Auditors can at best blow the whistle after the horse has bolted, but it is for the management to disburse loans after extreme caution
RBI survey on business sentiment in Indian manufacturing at lowest level since the global financial crisis
The Constitution is paramount, and the top court is failing in its duty as protector of citizens
Optimism about higher discretionary spending in the next one year is the lowest in at least four years
An immediate investment revival may prove elusive, given moderate capacity utilisation levels
Soft inflation and muted growth suggest there is room to cut rates further despite fears of fiscal slippage
Risk aversion among lenders and lack of demand are the key culprits
