How did not-for-profit firm owned 76 per cent by Congress chief Sonia Gandi and her son Rahul possess real estate worth hundreds of crores? N Sundaresha Subramanian and Kavita Chowdhury report
The US election results were in line with expectations and the markets were not surprised.
Reserve Bank's recent policy stance has earned for it praise as well as brickbats.
Reserve Bank of India Governor D Subbarao on Tuesday said the central bank needed more powers before it could firm up the final guidelines on new bank licences.
RBI Also advises imposing a limit on these, beside mandating a system within two months to share information in this regard.
The profitability of industry is under stress and needs to be addressed by encouraging investments in the supply side infrastructure.
The Reserve Bank of India has now said failure to report such cases might lead to penal action.
Are short-term compulsions increasing long-term instability?
It will help to control the subsidy bill.
Though it will tackle the tangled web of permissions required for a project, a bottom-up approach would be more effective.
Since the privatisation of power distribution in Delhi about a decade ago, the overall electricity situation has improved.
Move significant as new banking licences under his purview.
The Reserve Bank of India (RBI) has asked banks not to treat Kingfisher Airlines' brand as collateral since it is intangible. This is because the loan has turned non-performing for most of the banks.
Seek easing of asset classification guidelines for better credit flow.
The sources said the ministry had agreed with the RBI's views that at a time when the country had a high fiscal deficit, the move might not be appropriate.
Four years on, too little has changed
The government should step up its efforts to improve rural sanitation, for the sake of the children who die as a consequence of cultural apathy.
In a recent communication to the bank chiefs, the ministry has said all such loans to the corporate sector can be sanctioned only after board approval and need to be backed by securities within six months of sanctioning, failing which the loan would need to be phased out.
