McKinsey said firms backed by private equity generally improve their corporate governance by, for example, introducing independent committees for audit and compensation and enhanced board oversight.
But India's GDP growth rate is still expected to surpass China's this year for first time since 1999.
Greece has received nearly 240 billion euros from the European Union and IMF since 2010. The money has allowed it to stay afloat but at a high cost to its population, which has absorbed cuts to pensions, wages and public services.
BSE benchmark Sensex which crashed by 602 points at one stage on Monday staged a partial recovery to end with a loss of 167 points at 27,645.15.
Greece closed its banks and imposed capital controls on Sunday to check the growing strains on its crippled financial system.
Digital India will broadly aim at four things: bridging the digital divide, improving governance, harnessing power in the common man’s hand, and a politically and ideologically neutral campaign.
Raghuram Rajan has asked central banks from across the world to define "new rules of the game."
Govt intends to provide $9 billion to public sector banks towards recapitalisation over the next two fiscal to meet global risk norms and for growth: Finance Secretary Rajiv Mehrishi
Fresh holders of a mining lease or a prospecting licence-cum-mining lease to pay the DMF an amount equivalent to one-third of such royalty.
The central government will increase the number of workdays under the rural job guarantee scheme from 100 to 150 in drought-affected areas, said sources.
Cairn India has Rs 16,867 crore of cash on its books, while Vedanta has debt of Rs 37,636 crore, leading to concern among minority shareholders.
CBDT chairperson Anita Kapur said that the income tax department will ensure that chronic evaders are not able to get away without facing court cases.
Combined exports of April-May stood at $ 44.40 billion as against $53.63 billion in the corresponding period a year ago, down 17.21 per cent.
Inflation in May last year was 6.18 per cent. The lower inflation comes amid a forecast of deficient monsoon this year.
With an expected growth of 7.5 per cent this year, India is, for the first time, leading the World Bank's growth chart of major economies," said Kaushik Basu.
The RBI’s target inflation rate is 6% by January 2016 and the central bank wants to reduce inflation to 4% over the coming couple of years.
Welcoming the GDP data, finance minister Arun Jaitley said that manufacturing and services sector trends indicate India can grow at 8 to 9 per cent or even higher.
Arun Jaitley: Absolutely clear that the economy is in recovery mode
On the poor condition of discoms, Goyal held states responsible for being fiscally imprudent over the years.
For the current financial year, the minister said, direct tax collection was likely to improve by 14-15 per cent and there was possibility of government improving upon the fiscal deficit target of 3.9 per cent.
The new formula being proposed by the civil aviation ministry for permitting airlines to start international operations, once approved, will replace the ‘5/20’ norm.
"The government is "sensitive" to the concerns of investors and is looking into addressing economic issues, he said.
RBI in constant dialogue with Centre to see how we can make it function effectively: Rajan on PDMA.
Senior advocate Kapil Sibal, who appeared for the company, pointed out that when the CBI prosecuted Raju brothers, Tech Mahindra was not named as an accused and the same principle could be followed by ED.
For Indian companies willing to enter the European market, Luxembourg is the perfect place to establish European or global headquarters.
Policy framework developed by EU, but implemented by 28 member-states, says Dr João Cravinho, Ambassador of the European Union to India.
Canadian Margaret MacMillan was in New Delhi recently at the invitation of the European Union to share her insights into the causes of the war and its consequences.
Benchmark BSE Sensex rose by 374.72 points or 1.40 per cent to 26,973.83 in early trade.
The mines together have 50-60 mn tonnes of reserves.
Falling inflation and a slowing manufacturing industry would reinforce expectations that the Reserve Bank of India will again cut interest rates soon from the current 7.5 percent.
WPI-based inflation has been in the negative zone since November 2014 mainly on account of cheaper food and fuel products.
Important that domestic demand is main driver of growth: Rajan
The forecast comes just days after the IMF as well as the World Bank estimated that India would grow at 7.5 per cent in 2015-16.
Contraction in engineering goods, electronics, gems, jewellery exports.
The IMF Managing Director’s Global Policy Agenda (GPA) document released on Thursday said there is a need for countries including India to accelerate structural reforms to lift growth potential and ensure inclusiveness.
Upgrades India rating outlook from ‘stable’ to ‘positive’.