The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
Now that the National Pension Scheme offers more choices than the Employees Provident Fund, is more transparent and also allows to choose the level of allocation to equities as investors like, should one switch to the NPS?
The interesting bit about the Azamgarh poll finding on India TV was the whopping percentage of Muslims backing the SP-BSP alliance, which sort of negates Mayawati's appeal to the community to not split their vote with the Congress, says Saisuresh Sivaswamy.
The victim, R Sukumar said that the MP should be punished so that they should not take it as their birthright to assault a person.
Yoga acharya Shameem Akthar takes at a look at what you can do to avoid the pitfall of obesity.
'It's not combat, but deliverance that dictates the action in Dunkirk,' notes Sukanya Verma.
For its development, India needs a movement akin to the freedom movement, Prime Minister Narendra Modi said on Saturday.
'Jagga Jasoos revels in its lavish imagination, meddlesome inquiries and delicious Bongness, never once pausing to catch a breath or make sense.'
Sucharita Lahiri tells us how she met her husband 31 years ago.
For example, railways, roads and highways, and shipping could form a section within the Budget as an omnibus transport sector
The Centre had on July 13 opposed the appointment of 21 parliamentary secretaries by the Aam Aadmi Party government, saying the post neither finds place in the Constitution, nor does it find a place in the Delhi Members of Legislative Assembly (Removal of Disqualification) Act of 1997, except for the post of Parliamentary Secretary to the Chief Minister.
'A man who is sometimes loved and loathed in equal measure, a man we're seemingly tired of seeing yet can't imagine life without.' Dhruv Munjal salutes the incomparable M S Dhoni.
And other top moments from the closing of the 70th Cannes Film Festival.
The Tata Safari is an SUV which was the big brash brutish bully of the road in the early 2000s before the Toyota Fortuner snatched that crown. The car's styling still harkens back to the pre-Zest era of Tata Motors but there is still a whole lot more than what meets the eye. Therefore, the people at MotorBeam decided to induct the powerful Varicor 400 variant of the new Tata Safari Storme in their long term fleet to test out whether the big burly beast is still relevant or not.
Indian policy-makers must see the choices before them as economic, not moral, ones, says Ajit Balakrishnan.
But tactics adopted by them are similar to terrorism!!!
With the Moto X Style, Motorola has officially declared war against the bigwigs of the smartphone industry.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
The film flaunts Bindu as some sort of a free-spirited bohemian when she's really this unlikable, untrustworthy, selfish, vain, flighty opportunist sweet-talking Abhimanyu into catering to her needs all the time, feels Sukanya Verma.
'Somewhere along the way, elected office-bearers appeared to have lost sight of the interest of cricket and begun to pursue their own interpretation of what the game should be.' 'Families made it a tradition to have their representatives occupy, if not usurp, positions in state associations,' points out Vinod Rai, who will step down as head of the BCCI's Committee of Administrators on Wednesday, October 23.
Users on popular Chinese microblog Sina Weibo chastised the translation as 'a blasphemy against a classic'.
The Board of Control for Cricket in India's decision to form an ad-hoc body in Rajasthan Cricket Association to ensure the state's participation in domestic tournaments may lead to more legal tangles as the Lalit Modi faction in the RCA is planning to move the court against the BCCI.
Five-time world champion Viswanathan Anand found his way back to the 2800 rating club and jumped to second spot in the World rankings after beating local hero Shakhriyar Mamedyarov in the eighth and penultimate round of Vugar Gashimov memorial in Shamkir, Azerbaijan.
In an unusual move, US President Barack Obama has apologised to millions of "scary" Americans whose health insurance plans have been cancelled as a result of his signature health law.
The Congress chief celebrated her 69th birthday like a never-seen-before affair where she engaged with her supporters and was all smiles.
Quoting a shloka from The Bhagavad Gita, he said, 'this is the compulsion of time'.
'Indian democracy has become an oxymoron.I am hopeful that more people will boycott this politics of perversion and hatred and realise that this isn't sustainable for our great nation to prosper.
'Both Nehru and Patel were thorough gentlemen and whatever their differences never disrespected each other.' 'Neither Modi nor Rahul Gandhi has much in them to claim such legacies.' 'They are symptomatic of the sad days that have befallen the nation midwifed and contemplated by Nehru and Patel,' says Mohan Guruswamy.
Anjuli Bhargava finds out that an astonishing number of relatives of DGCA officials over the years are and have been employed in the airline industry.
The Congress president alleged that the Bharatiya Janata Party deceived people and siphoned off hard-earned money of farmers, poor, small businessmen to fill the pockets of the country's 15-20 big industrialists.
Twenty two years before Kabir Khan's The Forgotten Army streams on Amazon Prime on January 24, 2020, his documentary of the same name was telecast on Doordarshan. On that occasion, Kabir Khan spoke to Amberish K Diwanji/Rediff.com about Netaji's Azad Hind Fauj and its many battles for India's freedom.
'Bateshwar is a rare temple where Shiva is depicted in his human form (and not his symbol, the Lingam).'
Consistent death bowling from a Bumrah and spinners picking up wickets in the middle overs is why the average run-rate in the last few years hasn't exploded the way one would have expected, says Dhruv Munjal.
Xi, the most powerful leader in recent decades heading the ruling Communist Party and the military, will now be the first Chinese leader after the founder chairman Mao Zedong to remain in power lifelong.
Customised tailoring: How Raymond, Aditya Birla Group are luring customers with bespoke services to fit the bill.
It's aimed at new-age sectors like e-commerce and other startups so that they can spend less time in their recruitment processes
After political rivals, the Narendra Modi government has come under fire from Shiv Sena over the rail fare hike with its oldest ally terming the move as akin to the common man being run over by train.
Nita Ambani's appointment on the board of directors of RIL was met with thunderous applause.
Check out India's report card on the third day of the 2016 Olympics.
