Beware: During the period that you avail of the moratorium, there would be no repayment of interest or principal. Thus, the outstanding will go up substantially for this period as a consequence
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
Unless you know what you are and what you are not, how will you get an appropriate job?
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
The Governor invited the 'attention' of Chief Minister Banerjee to the preamble of the Indian Constitution.
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
US Secretary of State Antony Blinken was asked by US Congressmen if the US had explore the possibility of northwest India for counter terrorism capabilities in Afghanistan. Blinken's remarks on India assume great importance, observes Ambassador M K Bhadrakumar
After a meeting of banks on Friday on ways to make funds available immediately, a source in the know said lenders other than SBI and Punjab National Bank had not come on board so far to chip in with their funds.
The promise of a less suspicious government is surprising. What about the disconnect between the new business stance and earlier push to dictate the narrative in politics and public life, wonders T N Ninan.
'ISRO is resilient enough to spring back and come with a solution quickly.'
The Pune-based company's chief executive Adar Poonawalla said the company, which is the largest vaccine maker in the world, is putting $200 million at risk by manufacturing nearly 300 million doses before the final nod to launch the vaccine in market, which is expected at best by the end of the year.
The supplementary nutrition programme and the Poshan Abhiyaan under the Women and Child Development Ministry has been merged to launch Mission Poshan 2.0 to strengthen nutritional content, delivery, outreach, and outcome, according to the Union Budget announced on Monday.
Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay Kumar Singh.
'He is a busy man these days, still, he makes it a point to call me at least once a month.'
Keep the meetings short, understand that everyone has a different schedule and life style, advises Indira Ramachandra, chief human resources officer, AscentHR
'India should start leveraging rather than banning crypto.'
'If Indian armed forces entered Pakistan and succeeded in inflicting major damage on the Pakistani army and occupied territory in the Pakistani heartland, there is reason to think the Pakistani military would use some nuclear weapons against the incoming Indian forces to compel India to stop.'
'Most of the testing capacity in India is in the private sector.' 'Whether it is the established RT-PCR test for COVID-19, or it is other innovations in testing that are now coming up, all these are fully within the capabilities of the private sector.' 'Health policy should harness these capabilities,' says Ajay Shah.
While the interest from Hinduja is a positive sign for the grounded airline, executives of banks cautioned that there is no certainty that the deal will fructify. The cost of recapitalising Jet Airways is increasing every day.
Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.
Most customers still don't understand this concept and are unable to benefit from it.
'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.
'When the lockdown grounded a billion people, nothing had been planned well: Testing, masks, face shields, protective gear, medical equipment, contact tracing ... nothing.' 'Before COVID, if you didn't know that the state had neither the money, nor the intent, nor the capacity to govern wisely and humanely, you were simply blind.' 'After COVID, if we continue to look to the State, look forward to a financial package or ask "What is the government doing" when faced with a calamity, the joke is on us, says Debashis Basu.
If the Ladakh episode has ended, this is the time to find the truth about all the aspects of it and inform the nation and the world, the time is here and now, advises Ambassador T P Sreenivasan.
Kim did not rule out diplomacy with the Biden administration despite that Pyongyang called Biden a 'rabid dog' after Biden labelled Kim a 'thug'.
'People are already sending congratulatory messages. But I have said, "Please don't until the trials are over".'
'I was alone in the room, injured and facing possible death.' 'The terrorists had taken a head shot and since there was complete silence from my end, they thought that I was either dead or grievously injured...' 'I was now changing the position of the gun, sometimes firing from the top of the sofa, sometimes from the left and sometimes from the right side.' 'This was to confuse the terrorists and to manipulate them into thinking that there are two or more commandos in the room.' A must read excerpt from Praveen Kumar Teotia's 26/11 Braveheart: My Encounter With Terrorists That Night.
'The Swedish government would consider who will live, who will not die, in rationing coronavirus healthcare!' 'This means the 'biological age' would supersede the patient's chronological age as a potential guideline,' notes Ambassador M K Bhadrakumar
"Under different scenarios, we see the impact of higher crude prices ranging from $25 billion to a maximum of $50 billion on the oil import bill. The increase in the oil import bill will also affect the current account deficit," economic affairs secretary S C Garg said in a conference on Friday.
Complete your household chores and then sit to work. If you have any pending chores to be completed, space it in between your calls or tasks, says Shikha Dutta.
'Chirag Paswan's game plan would be to push out Nitish Kumar from this alliance, but that is only possible if the BJP wins about 90 seats and the LJP wins between 25-30 seats.'
Continue to invest normally unless prices fall drastically in April-May. If prices do fall drastically, invest more than normal, advises Devangshu Datta.
'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.
An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.
'The trajectory of the disease will keep increasing because of the population density being very high.'
At this point, it is crucial to think of solutions that will help flatten the curve and also generate income, says Pratyush Banerjee.
In the test, a space rocket boosted a hypersonic glide vehicle, one capable of carrying a nuclear device, which circled the globe before impacting.
'Events like the one we saw on Sunday are complex geological processes which can be impacted by weather and climatic conditions.' 'It is difficult to attribute something like this to just one factor or to a particular time period, especially when we have still not understood the exact cause.'
Falling incomes and longer winter to translate into lower demand for at least some months.
