Stock market running well ahead of the economic fundamentals
Does the audit industry consider its responsibility towards a company’s stakeholders while writing out scripted audit reports? There needs to be a systemic focus on improving audit quality standards.
Trade has always been used as an extension of the larger geopolitics. From the US to China, from Europe to Japan, everyone uses it. New Delhi would do well to put pressure on Kuala Lumpur till it changes its anti-India position on Kashmir.
The delay in the deal will also result in a lower payment to Vodafone Idea for its around 11.15 per cent stake
Telecom companies will have to pay up as much as Rs 92,642 crore to the government, more than half of which are owed by Airtel and Vodafone.
This will help take pressure off sound cooperative banks and instil confidence among small depositors
The biggest challenge traditional financial institutions face comes from fin-tech startups and Silicon Valley giants
The textile industry is headed for newer ground. Come 2023, annual sales are expected to hit $226 billion
Dispersing the administration of various central government departments across the country will boost the regional economy and strengthen India’s federal democracy.
The government intends to sell its stake in Air India, its low-cost international subsidiary Air India Express, and 50 percent stake in ground handling company Air India Singapore Airport Terminal Services in one go.
Purwar said the Rs 850-crore pay-out would be given before Diwali “from our own resources on accruals”
The government has not shown any serious intent to undertake major reforms in agriculture sector. Till then, it seems unlikely that the central and state governments will be able to discontinue any of the direct income support schemes.
"We are looking into why such disproportionate rise in the loans were not noticed by the regulators," Mumbai Police Commissioner Sanjay Barve said
Evolution of high-frequency indicators suggests further growth downgrade likely.
A well-oiled insurance industry provides long-term funds for infrastructure development while strengthening risk-taking ability of the country
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 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.
Scrapping IUC would incentivise technological evolution, preserve competition and ultimately benefit consumers.
The employees have also planned lunch-hour protests and want to know what the government is doing to revive the two companies.
Jio has promised that this charge will go away as soon as TRAI implements zero IUC
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.
In a space crowded with many players, it’s the cost of funds that will set apart the men from the boys
Several studies indicate that coal is losing its charm in India. The global trends indicate that global capital is fleeing coal. In such a scenario, is it a smart move for India to open commercial coal mining to 100 per cent FDI?