MFIs decided to diversify in different states so as to avoid concentration in one state on one side and protect their business from policy changes on the other side
"The markets have rallied 6-7 percent but the upside will be capped till state selection outcome," said Motilal Oswal Securities' Rajgarhia.
The minister said there were disruptions happening in the global supply chain due to the rising trade tensions between countries such as the US and China, creating huge opportunities for Indian logistics players.
Deutsche Bank's Sameer Goel thinks that oil has been a big story for India and is also very critical at present.
The nationwide core consumer price index (CPI), which strips away the effect of volatile food costs, rose 1.0 percent in October from a year earlier, government data showed on Thursday, matching a median market forecast.
The Organisation for Economic Cooperation and Development forecast that global growth would slow from 3.7 percent this year to 3.5 percent in 2019 and 2020.
Financial sector was embroiled in tightened liquidity after one of largest NBFCs, IL&FS, faced string of defaults on debt repayment
Cognitive tests can ensure more effective outcomes from hiring campaigns
At a later stage, the company will look at having tie-ups with virtual assistant to fill out the policy forms
Addressing a press conference ahead of the November 28 Madhya Pradesh Assembly polls, the former Union finance minister underlined the need for coordination" between the two organisations.
The finance minister and RBI governor used to work closely when the UPA was in power unlike under the current government, Congress leader P Chidambaram said on Wednesday, slamming the Modi dispensation over its rocky ties with the central bank.
Of this, the Directorate General of GST Intelligence (DGGI), which is enforcement agency for checking indirect tax evasion, has detected evasion of goods and services tax (GST) worth Rs 4,562 crore in 571 cases.
“What is invoked is already being exercised. So I don’t know whether something dramatically different will come," said Shyam Srinivasan, Federal Bank's CEO.
The two countries, during the state visit of President Ram Nath Kovind to Vietnam, shared the view that defence and security cooperation has become an important pillar of the comprehensive strategic partnership, the Ministry of External Affairs (MEA) said in a statement.
The government may also appoint a new chief economic adviser, a post that has remained vacant after Arvind Subramanian returned to academic research in the US earlier this year
This comes following a net outflow of equities worth USD 3.04 billion by foreign portfolio investors (FPIs) during the April-June quarter, according to Morningstar Investment Adviser India.
Magsaysay award winner Dr Rajendra Singh, also known as Waterman of India, is among the marchers. They started walking Wednesday afternoon and will reach the Somaiyya Ground in Mumbai's Sion area where they will halt for the night.
Sakshi Batra does a 3 point analysis on whether the time is ripe to relax PCA norms in order to permit greater flow of credit
Crude imports in October climbed 10.5 percent from a year earlier to 21.02 million tonnes, the highest monthly import figure in PPAC data going back to April 2011.
IRDAI has given GIC Re the first preference in reinsurance treaties
With the ongoing volatile equity markets, economy watchers feel the government may miss the target by a large margin unless some alternative steps are pursued in right earnest.
Official data on quarterly growth will be released at the end of this month.
This is the sixth straight session of gains for the domestic unit as the US dollar weakened against some currencies overseas.
The sovereign has made its point but the regulator has not been swayed from its dharma of maintaining the soundness of the system. That's not a bad bottomline.
States, where electrification work is remaining, include Uttar Pradesh, Telangana, Rajasthan, Karnataka, West Bengal, Odisha, and Jharkhand among others.