India has emerged as one of the most promising markets for IT and Telecommunications companies, with initiatives such as Digital India, ...
"The Central Board of Directors of the Reserve Bank of India, at its meeting held today, approved the transfer of surplus amounting to Rs 658.96 billion for the year ended June 30, 2015 to the Government of India," the central bank said in a statement. Last year, the RBI had transfered Rs 52,679 crore of its surplus profit.
Nasscom president R Chandrasekhar says it is very important for the government to take a balanced view on what can be done by the private sector and what is best done by the private sector and leave it to them but there will be areas where the government has to step in to supplement this.
As the government appears to be swamped by scams, hunger fast and the Lokpal logjam, many in the industry are asking, does it have the time to manage India’s crumbling economy? Karan Thapar discusses with guests on India Tonight.
An open letter written to the PM, Manmohan Singh, by Kiran Karnik has attracted considerable attention because it presents, for the very first time, a different view of the ISRO-Devas deal.