While passing the scrutiny of courts is a tough challenge, with eight proposed amendments to the insolvency law, the government has sought to turn the focus back on at least some of the functions of the bankruptcy law.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
The loss of income has severely dented the loan repayment ability of small borrowers
Should NOTA ever get the maximum number of votes (which makes it the 'winner'), then a re-election should be held and all the candidates should be disqualified.'
Colonel Sonam Wangchuk was awarded the Maha Vir Chakra, India's second highest honour for courage, for wresting the first victory of the Kargil War. Leading 40 men, his unit evicted 135 Pakistani troops in a three day battle fought in two feet snow and minus 6 degrees.
'Reviving the nuclear deal was crucial before the Obama visit... It was time for the BJP to admit that it was wrong, and redo the civil nuclear liability laws.'
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.
'So complete is Modi's takeover of the foreign ministry, that Swaraj today is less important than a minister of state for secularism in Modi's government!'
'If we can award Madan Mohan Malaviya who died in 1946, then why not the Mahatma who died in 1948?' 'Why not go a little further back in time and give the award to Rabindranath Tagore who died in 1941?' 'And should we mark Lokmanya Tilak's 100th death anniversary in 2020 by giving him a Bharat Ratna,' asks Amberish K Diwanji.
Criterion for corporates will effectively rule out entry for business houses.
A sadhu's dream, and India's bizarre response, reveals the country's true nature, says Amberish K Diwanji.
It is Gujarat that is preventing Modi from becoming a pan-India leader. Gujarat wants Modi to be an all-India leader only on its term: As a strong votary of Hindutva. But that very position is a recipe for disaster on the national stage, feels Amberish K Diwanji.
'Pakistan is paying the price for ignoring secularism. In seeking to be ever more Muslim to define its nationhood, it has become a terrorist haven.'
To remember Jawaharlal Nehru only for his mistakes on Kashmir or China is unfair. A democratic and secular India is in no small measure the awesome legacy of India's first prime minister, says Amberish K Diwanji
If Narendra Modi wants to become prime minister, he needs to do better, argues Amberish K Diwanji.
Kiran Bedi tells Amberish K Diwanji reasons for her optimism about change in the political sysatem.
'In this country of 1.2 billion, there may be a few Indians who might dislike Muslims and wish them ill. But the vast majority of Indians remain secular, no matter how grave Hindu-Muslim tensions,' says Amberish Kathewad Diwanji.
Amberish K Diwanji on Indian prime ministers and the seven-year itch.
The Congress has ruled India for 54 of the last 67 years; that it took the party over six decades to come up with bills that provide citizens their basic needs is a shame, not a moment of triumph, says Amberish K Diwanji.
By speaking out against Manmohan Singh, by constantly bashing the UPA/Congress, Modi by 2014 will be like a television show in replay mode. In winning the intra-BJP battle, he runs losing the war with the UPA, feels Amberish K Diwanji.
Tragically, the Congress party is perhaps the only party with the credentials to resolve the Kashmir question. It could have done so in the decade it was in office, and when India was in a position of strength. Now, India seems to be headed for a period of political instability along with an economic downturn. New Delhi's clout is weakening, says Amberish K Diwanji.
There is something deeply disturbing about wanting to build such a large temple in what is arguably India's poorest state, a state that like many other states of India, particularly in north India, is crying for more schools, more hospitals and primary health centres, and, dare I say it, more toilets for everyone, says Amberish K Diwanji
There is no doubt: Manmohan Singh must resign. Not merely because he has been humiliated, but because the persona of the PM has been sullied beyond measure, says Amberish K Diwanji
What the ordinance overturning the Supreme Court order debarring jailed MPs and MLAs from contesting elections reveals is that Sonia Gandhi is not a leader; rather, she is being led, says Amberish K Diwanji.
In Narendra Modi, every BJP worker sees what he might have been or what he can become, says Amberish K Diwanji
ndia is today in the grip of conservatism. This shows up in the way we treat our women, or murder those who question our beliefs. Or in the way women are getting raped with little fear of the law or society, says Amberish K Diwanji.
Amberish Kathewad Diwanji tweaks Narendra Modi's Independence Day speech.
There is some irony, and a lot of hypocrisy, when a person like Modi chooses to disdain Nehru's popularity. Does this man, who is considered India's most popular leader as of today, believe that popularity is of little concern when it comes to choosing leaders, asks Amberish K Diwanji.
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.
'In a country like India, it is clear that respecting religions -- in politics or in the kitchen -- is disastrous,' says Amberish K Diwanji.
Amberish Kathewad Diwanji tweaks the prime minister's Red Fort speech.
'In her insecurity, she destroyed the institutions of democracy.' 'She packed Parliament with her supporters with loyalty being more important than ability; she superseded judges; she corrupted the civil service.' 'She knew how to use people against each other and was quite a master of that.' 'She would do this with calculated skill and in the bargain cause enmity between brothers, split up families.'
Prime Minister Manmohan Singh's decision not to attend the Commonwealth Heads of Government Meeting at Colombo has once again put the focus on alleged cases of human rights abuses in Sri Lanka.
Anti-conversion laws are needed since thrusting the idea of a competitive battlefield of religion onto India's pluralistic traditions can only lead to greater communal conflict, says Sankrant Sanu
'There is a remarkable link between the eating of beef (or at the very least, tolerating the eating of beef) and India being a superpower.' 'In India, whenever an empire was strong, religion took a back seat.' 'Alternatively, whenever religion asserted itself, the main empire of India crumbled...'
To mark his 50th death anniversary, rediff.com has launched a special series to evaluate Jawaharlal Nehru's legacy.
Historian Romila Thapar says you can't bring history into faith.
'In her insecurity, she destroyed the institutions of democracy,' says Khushwant Singh.
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