Monthly Archives: August 2014

The CBI’s recent moves against IDBI Bank and chairman of Syndicate Bank are likely signs of the government getting tough on bad loans in the banking system.

Consumer price inflation accelerated in July and factory output grew at a slower pace in June,  dampening hopes of an economic turnaround and increasing the pressure on policymakers struggling to contain prices and revive growth.

India’s trade deficit surged to an 11-month high, the fastest pace since July 2013. CEO of Federation of Indian Export Organisation, Ajay Sahai, offers his perspective.

Kotak Mahindra Bank is set to pick up a 15% stake in Multi Commodity Exchange of India from Financial Technologies India Limited. The deal is valued at Rs. 459 crore and is subject to approval from market regulator SEBI. FTIL’s … Continue reading →

The International Monetary Fund is out with its latest growth forecasts. India is the only emerging economy among the BRICS to have avoided a forecast cut.

The BJP-led NDA has gone ahead with its first major reform. It has given its nod for a proposal to hike the FDI limit in the insurance sector to 49% from the existing 26%.

It’s been a year since the Rs.5,574.35 crore NSEL scam unfolded. 13,000 investors are still waiting for justice. Nearly Rs.5,334.31 crore of investor money still remains stuck.