Kolkata-born Banerjee, 58, and Paris-born Duflo, 46, both professors at the Massachusetts Institute of Technology (MIT), were awarded the Nobel for their groundbreaking work in development economics that has provided insights
As the leader of the most diversified group, which has interests ranging from retail to automobiles to software, his voice holds significance amidst the ongoing economic slowdown and weak consumer sentiment.
During the first five-year term of the Narendra Modi government, she served as Union minister with independent charge for corporate affairs and minister of state for finance before she was elevated to the post of defence mini
According to the clarification by IRDAI, existing vehicles are only going to get insurance cover for one year on renewal whereas, it will be compulsory for new private cars to go for the three-year policies. On the other hand
The large pile-up of non-performing assets of state-owned banks is a “very hard” problem and the government has been in some ways little behind the curve, chief economic adviser Arvind Subramanian said.
But this time, the government responded almost immediately. Finance minister Arun Jaitley mounted a strong defence of Subramanian — he was appointed by the government in October 2014 — and pointed out that the BJP too did
Despite a 13 per cent growth in sales in the fourth quarter ended March 2016, led by demand in the affordable housing category, the National Capital Region (NCR) witnessed a rise in unsold inventory by almost 14 per cent to h
If roads sector witnessed major initiatives from the government in terms of fast-tracking of road development over the last one year, the report states that progress has not been at desired pace due to sluggish economic recov
According to a report, based on the study of corporate results of 200 companies, around 60 companies have reported an aggregate decline in debt levels of more than Rs 6,862 crore in the year ended March 2016.
The Finance Bill has also been amended to allow for extension of weighted deduction of expenditure incurred on notified agricultural projects till March 31, 2020 as opposed to March 31, 2018 proposed earlier.
The committee, attached to the Ministry of Finance, held its second meeting on Wednesday which was attended by Finance Minister Arun Jaitley. Some members also suggested that a committee be constituted to finalise the recover
While the sector continues to remain troubled with issues of high unsold inventory, delayed delivery of projects and financial stress on developers, the only segment that showed some signs of a rebound was the affordable hous
Author-historian Sunil Khilnani on the 50 ‘angry men and women’ of his latest book Incarnations, why India has a
‘small time horizon’ to seize the moment, the connection between inequality and ‘some of the politic
The rise in cash with the public despite deposit growth for FY16 at 9.9 per cent being the lowest since 1962, and inflation too being low. “You can see that there is a spike not just in the state going to polls but also in
ANNOUNCING it was acting on the directions of the Prime Minister, the government said Monday it was constituting a special multi-agency group to look into all cases of Indians setting up offshore entities in tax havens after