Kannada director S Narayan has been booked in a dowry harassment case filed by his daughter-in-law Pavithra, who accused him, his wife, and son Pavan of financial and emotional abuse.
Watch the interview of S Narayan, Former Finance Secy, Soumya Kanti Ghosh, Chief Economic Advisor, State Bank of India and Deven Choksey, MD, KR Choksey Securities with Latha Venkatesh & Ekta Batra on CNBC-TV18, in which they shared their views on the mid-year economic review.
It had last raised excise duty on petrol and diesel by Rs 1.50 a litre each to help it achieve the fiscal deficit target for this year on November 14.
With RBI governor Raghuram Rajan talking about a bigger role for foreign banks, experts feel his condition on reciprocity may be a huge hurdle. They don't think the discussion should just be limited to these banks taking over smaller Indian banks.
According to Pronab Sen, the reduction of Rs 50,000 crore from the budget cannot happen unless there is a cut in subsidy expenditure which is unlikely as government will have to pay the oil companies or Food Bill or the fertilizer subsidies or else these bunch of companies will bleed and that will be extremely negative for the economy.
In an interview to CNBC-TV18, former finance secretary S Narayan and Aditi Nayar, economist at ICRA spoke about their views on the spate of announcements from the finance minister.
Anant Narayan, Co-Head of wholesale banking, South Asia, Standard Chartered Bank does not see the fall in rupee abating soon and S Narayan, former finance secy sees RBI's status quo on rates as a message to the government to address rising food infaltion and stem currency fall.
In an interview with CNBC-TV18, former finance secy S Narayan spoke about his reading of the RBI credit policy and the road ahead.
After the ONGC fiasco, the government is looking to dissolve Specified Undertaking of The Unit Trust of India (SUUTI) to meet divestment targets. Former finance secretary S Narayan believes achieving the divestment target of Rs 30,000 crore is possible.
Former finance secretary S Narayan says, fiscal deficit in percentage terms will be optically low due to inflation. According to him, one needs to look at borrowing figures closely in the Budget.
In an interview on CNBC-TV18, former finance secretary S Narayan discusses the impact of the US downgrade on the Indian economy.
Why are PSU bank profits doing a jig every time the chairmen changes? To discuss this with Latha Venkatesh are Former Finance Secretary, S Narayan, Former Oriental Bank Chairman & MD, BD Naranag and UR Bhat, Head of Dalton Capital.