Indian banks have started experiencing the ripples of the US subprime crisis. While ICICI Bank is provisioning an additional $70 million (around Rs 280 crore) to cover its losses on exposure to credit derivatives, Bank of Baroda on Wednesday said it will provision an additional $2.50 million (around Rs 10 crore) for its investments in Credit Linked Notes.
'The lessons learnt from the triple disaster have put Japan's energy future On the right path,' notes Dr Rajaram Panda.
Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not
Rediff reader Richa Tiwari shares a classic pasta recipe.
Since trading in virtual currencies is not illegal, they traded in cash or through barter in some instances.
New body to replace Plan panel might retain 40% of existing staff
Sitharaman said economic slowdown seems to have bottomed out and the coming festive season will help the economy start looking up.
A humourous look at the growing influence of the cultural and moral police.
This grilled appetiser is easy to make, hard to resist.
Express your love with these delicious desserts.
Cheteshwar Pujara rose to the occasion with a maiden century in Australia, pulling India out of a deep hole to a respectable 250 for nine on day one of the first Test in Adelaide on Thursday.
The land acquisition in Khargpur would start from December as Tata wants to start the project from January. Besides, Telcon, the state government has also completed the acquisition of land for Tata Metaliks project in Khargpur.
Companies like Yamaha Motor India, Honda Motorcycle and Scooter India, Suzuki Motorcycle India and TVS Motors are all geared up to launch bikes to shake-up Bajaj's stronghold -- the 150-250-cc segment
In the past one week alone, Rajasthan, Madhya Pradesh, Chhattisgarh, and Andhra Pradesh have issued orders to take over private hospitals in some districts. Sohini Das, Vinay Umarji and Gireesh Babu report.
The answer cannot be that we will beat the disease at the end of the 21 days. And the answer cannot be that it is to halt the spread because the spread is going to happen anyway, notes Aakar Patel.
This barefoot pilgrimage home we're seeing all around us, and the way plenty of us have reacted to it, is not just a commentary on India, circa 2020. It also shames us forever, notes Dilip D'Souza.
Moody's said the negative outlook reflected uncertainty over the refinancing of Macrotech's (formerly Lodha Developers) upcoming debt maturities.
Just like China wants Trump to lose the US presidential poll, it may want Modi to lose the Lok Sabha polls. So months before the 2024 elections, China may take possession of an important area, say one of the Char Dhams, warns Sanjeev Nayyar.
This is a first-of-its kind offering by Classic Coffees, a 150-year-old specialty coffee firm. The basic premise is that if you don't feel the same throughout the day, then why should your cuppa taste the same.
Advisory in this regard was issued by the Gujarat government three days before Prime Minister Narendra Modi announced demonetisation of Rs 500 and Rs 1000 notes.
Rediff reader Debjani Chatterjee shares the recipes of this delicious Bengali sweet also known as Pran Hara.
Mehuli Ghosh's effort will, however, not be considered as a world record, as the South Asian Games' results are not recognised by the international body (ISSF) for the purpose of records.
Africa is second only to West Asia as a net exporter of oil.
The ravines, which are sharp, steep mud hillocks, stretch over three states - Madhya Pradesh, Rajasthan, and Uttar Pradesh, once home to several dreaded dacoits have long been the subject of several projects and government schemes to make them agriculturally viable.
These customers will be unable to meet the lowest recharge requirements for Jio, meaning they will either exit the market or migrate to BSNL/MTNL.
''He was extremely gentle, humble, soft-spoken, down to earth, giving respect to senior musicians as well as to budding ones.'
'2018 has seen a bi-polar market.' 'Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'
A look at his T20 Internationals numbers and one wonders why M S Dhoni was dropped for the T20 series against the Windies and Australia. His T20I numbers are quite decent and there is no sudden dip in his form, notes Rajneesh Gupta.
Dipak Haksar, bottom, left, chief executive, ITC Hotels and WelcomHotels, tells Ajay Modi that FY19 is going to be a year of strong growth, and tariffs are likely to see a substantial improvement in the fourth quarter
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
With the new tax slabs applicable for income earned during Financial Year 2014-15 and host of new changes in income tax returns and filing norms, this e-filing season will certainly bring in a new experience for taxpayers. Here's how
The focus is on corporate results at one level but global news will also have an impact
Even if the government didn't plan for demonetisation properly, it could have taken steps on a war footing later to ensure the situation improves.
The company captured just 2.4% of the mid-range smartphone market in India, a far cry from the 24.2% share Oppo's F3 commanded.
Nifty continued to register successive new highs as it crossed the 9,200 mark on Friday
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
Watts Humphrey, noted software expert from US, on Wednesday predicted a bright future for the Indian software industry, but feared that there was likely to be a shortfall of nearly 250,000 software professionals by 2008.
The Delhi High Court on Thursday asked the Income Tax (IT) department to take a decision on the offer of Finnish mobile maker Nokia to pay a minimum deposit of Rs 2,250 crore (Rs 22.50 billion) to it towards the tax liability of the company which is nearly Rs 6,500 crore (Rs 65 billion).
