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DMK rift set to widen as 5 Alagiri loyalists get the boot

The internal feud in the Dravida Munnetra Kazhagam intensified on Thursday with the high command ordering suspension of five loyalists of M K Alagiri, elder son of party chief M Karunanidhi, over......

Chennai: 3 MLAs, Congressmen held

Scores of Congressmen, including three legislators, were arrested on Friday when they attempted to lay a siege to the residence of All India Anna Dravida Munnethra Kazhagam Jayalalithaa in protest......

2nd wave increased banks' asset quality risks: Moody's

Moody's Investors Service on Thursday said second wave of Covid infections has increased asset risks for Indian banks, but a severe deterioration is unlikely. Illustration: Uttam Ghosh/Rediff.com......

Moody's expresses doubts on higher revenue targets from tax, divestment

Moody's Investors Service, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over attaining the higher revenue targets and divestment......

Govt banks to need capital up to Rs 2.1 trn over next 2 yrs: Moody's

PSBs dominate India's banking system, meaning any failure could jeopardise financial stability, as such, we expect government support will remain forthcoming, said Moody's. Public sector banks......

Public sector banks need Rs 1.2 lakh-cr capital infusion: Moody's

  Government will have to infuse Rs 1.2 lakh crore (Rs 1.2 trillion) into PSU banks by 2020 to bolster their balancesheets and make good the losses suffered by them, Moody's Investors Service......

India's bad loans could be more than New Zealand's $170 bn economy

State-owned banks account for more than two-thirds of the sector's assets and about 85 percent of bad debts - a major headache for policymakers keen to support a slowing economy.  India's......

Petta releases, Rajinikanth fans go crazy!

'Petta response is so overwhelming and awesome.. Thank you Thalaivar fans!' The much-awaited Rajinikanth starrer Petta hit screens worldwide amid much fanfare on Thursday, January 10, with two......

Vamsam suffers from overkill

Pavithra Srinivasan reviewsthe Tamil movie,Vamsam. Very few people can take up the tried-and-tested village formula, infused with scythes, knives and violence, and show something new that......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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