The public sector has always been the backbone of Indian economy, saving it in crucial times. What makes it work and what is its real potential?
Shubhendu Parth | December 24, 2015
The financial year 2014-15 was not a typically good year for the global economy – largely due to the weaker-than-expected global activity in the last quarter (January to March) of 2013-14 and a consecutive weak April-June quarter of 2014. This compelled the IMF to lower its 2014 growth forecast for the world economy to 3.3 percent. This was 0.4 percentage point lower than the April 2014 World Economic Outlook (WEO) number.
Only a bank that fears losing its deposit base or incurring the wrath of its shareholders is likely to recognise losses in a timely manner. In many of our banks, such market discipline is simply not present at the moment, said RBI deputy governor Viral V Acharya.
Farmers would no longer have to fret when the surging river water inundates their fields as scientists are working on rice varieties that are hardy and would grow in fields which have been submerged by flash floods. Dr Nitendra Prakash of crop research station at Bahraich, Uttar Pradesh told
Mumbai recorded its highest ever turnout in the civic elections on Tuesday with 55.28% voters exercising their franchise. Voter turnout in R Central ward of Charkop-Borivali was 61.5% followed by 60
The government is getting ambitious. It wants to divest some PSU shareholding and raise a staggering Rs 72,500 crore during the 2017-18 fiscal. The mood is upbeat among finance ministry mandarins due to the heartening performance of the exchange traded fund (ETF), a basket of 10 bluechip central public ser
While presenting the budget, the finance minister made an announcement about making donations to political parties more transparent. If the proposals to amend the relevant laws are approved by parliament, from April 2017 donations to political parties can be made in cash only up to Rs 2,000; payments of hi
Is UP headed for a hung assembly?