Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.
The DMK may consider a two-tier campaign, where they keep the focus on Chief Minister Stalin, as a senior statesman with 50-plus years of political experience, and let EPS and the BJP shout in the wilderness. In such a case, the second-tier may project Udhayanidhi as the contender and chosen obstructionist in Vijay's path. The attempt, if any, would be to reduce Vijay to Udhayanidhi's level when the former is aiming at Stalin and Stalin alone in the state's political horizon, predicts N Sathiya Moorthy.
The principal problem lies in lack of training infrastructure and relatively lax safety standards.
Jharkhand Chief Minister Hemant Soren has ordered the suspension of officials after five children with thalassemia tested HIV-positive following blood transfusions in West Singhbhum. The government has initiated an investigation and pledged financial assistance to affected families.
United States Senator Jim Banks has urged the Food and Drug Administration (FDA) to step up inspections of overseas pharmaceutical manufacturing facilities, expressing concern over poor-quality drugs being imported from countries like India and China.
Dr Kali P Choudhury, a visionary entrepreneur immigrated to the United States with almost nothing and built his estate in Hemet before turning his focus to Inglewood.
5 simple ways you can protect your passwords from being stolen by hackers.
'Faulty alarms, delays in shutting off oxygen, poor electrical maintenance and staff untrained for emergencies. These are not isolated incidents but reflect a larger pattern of weak oversight.'
Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.
Having succeeded Mahendra Singh Dhoni as India's Test captain, "King Kohli" overhauled India's approach to turn the team into a ruthless juggernaut that did not rely anymore on designer dustbowls to win Test matches.
A massive fire that tore through a budget hotel in the congested Mechuapatti area of Burrabazar in central Kolkata on Tuesday night claimed at least 14 lives and left 13 injured, triggering a political blame game and calls for accountability.
How did the thug access Saif Ali Khan's home?
The official asserted that following social distancing, wearing masks, maintaining hand hygiene and avoiding big gatherings remain vital in preventing the spread of the infection.
The Supreme Court declined to hear a public interest litigation (PIL) seeking directions to the Election Commission and state election bodies to address purported duplication and multiple entries in voter lists. The court suggested the petitioner approach high courts with specific grievances and file representations with appropriate authorities.
Violent protests erupted in Parbhani, Maharashtra, India, for the second day over the vandalising of a replica of the Indian Constitution. Prohibitory orders were imposed in the city, banning gatherings of five or more people in public places. A mob indulged in arson and vandalised the district collector's office. Police arrested a man in connection with the incident, but protests continued. Protesters demanded a thorough investigation and blamed the government's lax approach.
Shaw's lack of attendance at crucial training sessions, particularly after poor performances, coupled with a lax approach to fitness, has alarmed the Mumbai team management and led to tough choices.
'But it is only now being detected more via a test that costs about Rs 15,000 to Rs 20,000.' 'The HMPV virus typically causes mild respiratory symptoms in most people, but can be more severe in young children, the elderly, and those with compromised immunity.'
During a review, the EC found that the performance of some officers was "unsatisfactory" and they were found "complacent, if not complicit" in various matters, including the illegal supply of liquor as a possible poll inducement, sources said.
France qualified for the quarter-finals of the Nations League despite a lacklustre goalless draw against Israel on Thursday.
Security forces tightened their cordon around a forest area in the higher reaches of Doda district on Tuesday evening following an encounter with hiding terrorists, officials said.
Amid rising cases of Covid, the Centre on Friday asked eight states including Uttar Pradesh, Tamil Nadu and Maharashtra to maintain a strict watch and take pre-emptive action in any area of concern to control any emerging spread of infection.
A bench of Justices BV Nagarathna and N Kotiswar Singh, which issued notice on the plea of the Congress against the March 13 high court order, however, said the ITAT can proceed on the political party's appeal.
"My question is whether CP was advised and alerted to the fact that there were threats to Air India flights, in fact, because of the connecting baggage and passengers," Shore opined.
Sources said Chief Minister Shivraj Singh Chouhan has expressed displeasure at the way the alleged molestation case was handled.
IC 814: The Kandahar Hijack begins by asking why the hijack lasted seven days and ends in wondering if the good guys fought the bad ones hard enough, observes Sukanya Verma.
The Election Commission Wednesday directed the leaders of the ruling Bharatiya Janata Party to refrain from making speeches on religious and communal lines, and opposition Congress from potentially divisive statements on the socioeconomic composition of the armed forces.
The Delhi high court on Friday rapped the city police for being "lax" while filing the chargesheet against underworld don Abu Salem under Maharashtra Control of Organised Crime Act when it was in "contravention" of the extradition agreement with Portugal.
Police have detained the father of a 17-year-old boy allegedly involved in a car accident that killed two persons in Maharashtra's Pune city, an official said on Tuesday.
The Delhi high court on Wednesday upheld an order of the Income Tax Appellate Tribunal (ITAT) refusing to stay a notice issued by the Income Tax department to the Congress party for recovery of outstanding tax of more than Rs 100 crore.
A massive fire that ripped through a seven-storey shopping mall in Dhaka overnight killed at least 46 people and injured 22 others, the government said on Friday, in one of the worst infernos to hit Bangladesh in recent years.
At the heart of Paytm's slide lies the abject failure of its Super App strategy, notes Indrajit Gupta.
India captain Mahendra Singh Dhoni feels his side played a "perfect game" at Edgbaston as the visitors thrashed England by nine wickets in the fourth One-Dayer to take an invincible 3-0 lead in the five-match series.
The AAP has alleged that the ink attack on Chief Minister Arvind Kejriwal was part of a "big rehearsal" to possibly "physically harm" him in future.
Manchester City climbed back into the Premier League's top four as second-half goals by Phil Foden, Julian Alvarez and Bernardo Silva sealed a comeback 3-1 victory at Everton on Wednesday.
The federal agency said it conducted raids against a director of Zanmai Lab Pvt Ltd, which owns WazirX, on August 3 in Hyderabad and alleged he was "non-cooperative". The agency's probe against the crypto exchange is linked to its ongoing investigation against a number of Chinese loan apps (mobile applications) working in India.
Displaying 'ARMY' on private transport is an attempt to milk the respect and reverence that the common citizen has for a person in the armed forces, observes Colonel K Thammayya Udupa (retd). By writing 'ARMY' and displaying regimental insignias, we expect a few misdemeanours to be overlooked.
The Supreme Court on Wednesday directed the Centre to file a report on alleged attacks on Christian institutions and priests across the country as well as on the implementation of its earlier guidelines to curb hate crimes.
The decision to terminate his services faced severe criticism on social media.
A large number of large and small businesses process EU data, have customers from the EU or have access to data of EU citizens in one way or another.
The Punjab police arrested Jasvir Singh after the incident and booked him for hurting religious sentiments and attempt to murder.
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