S&P Global Ratings on Monday expressed scepticism over allowing corporate ownership in banks given India's weak corporate governance amid large corporate defaults over the past few years. It also said that the Reserve Bank of India (RBI) will face challenges in supervising non-financial sector entities at a time when the health of financial sector is weak. Last week, a RBI panel had proposed that large corporate may be permitted to promote banks, as well as raising the cap on promoters' stake in private sector banks to 26 per cent, from15 per cent at present.
India needs to shed its policy of lethargy and inhibitions to engage the Taliban with an intent to maintain its influence in Afghanistan. This would not just put a spanner in Pakistani designs, but also incentivise the Taliban not to be the puppets of GHQ, Rawalpindi, asserts Colonel Nikhil Apte (retd), who served on the Af-Pak desk at the Military Operations Directorate.
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
In his every first international innings he was run out for 0. He will end his career as one of the most feared batsmen in international cricket.
A joint venture of Adani Group and Welspun Enterprises Ltd has discovered natural gas reserves in an area off the Mumbai coast, the two firms said in a statement Monday. The first-ever gas discovery was made in the NELP-VII block MB-OSN-2005/2, Adani Welspun Exploration Ltd (AWEL) said. Spread across 714.6 square kilometers, the block is located in the prolific gas-prone Tapti-Daman sector of the Mumbai Offshore basin where production is already underway by other operators.
Images from Day 2 in the first Test between England and India, at Trent Bridge, Nottingham, on Thursday.
New Zealand Cricket and the BCCI put their heads together and made an exit plan for the Black Caps and Williamson was pretty satisfied with how it panned out.
Can Jitin Prasada retain the BJP's Brahmin vote in UP?
"Why did Modi ji's government send more vaccines abroad, while vaccinating less people in India?"
India is apprehensive about the Taliban's return as it would mean loss of access to Baluch rebels and help to the restive tribals of Waziristan. This would be a setback to the Indian strategy of returning the compliments of death by a thousand cuts to Pakistan, notes Colonel Anil A Athale (retd).
Images from Day 5 in the second Test between England and India, at Lord's, on Monday.
'We lost our place in being first in the epidemic, when it hit India so hard, but we were actually the epicentre of the epidemic from essentially April 2020, for almost an entire year. We had such high cases. We were the country that had the most mixed response.'
Vihari, clearly hampered having pulled up clutching his hamstring after running for a single before tea, scored at a rate that made Pujara look like a limited overs slogger.
Jadeja hit his 15th fifty in the longest format of the game on Monday in the Boxing Day Test against Australia.
WFI is concerned that the good reputation built over the years with stupendous international performances has been ruined.
What do we know about India's devastating second wave, and can we assign responsibility for it?
'Let's see what happens tomorrow. The plan is to bowl in one tight channel and build pressure.'
As the curtains come down at the Tokyo Olympics, here's a glance at the medallists and those who came within touching distance of glory.
The consortium of UAE-based businessman Murari Lal Jalan and London's Kalrock Capital -- which has won the bid to revive Jet Airways -- on Monday said it expects to start operating the airline by the summer of 2021.
Leach was taken to the cleaners by Pant on the third afternoon of the first Test, but fought his way back to pick six wickets over the next two days
'How Xi Jinping will withdraw the aggression and justify it to his Communist party in case of a negotiated settlement might be his biggest headache.' 'Unless he is ready to gamble on an armed conflict, whose outcome given India's battle-readiness and determination is always uncertain,' observes Virendra Kapoor.
The comments by External Affairs Ministry Spokesperson Anurag Srivastava came at a media briefing when asked about the fresh comments by the Chinese foreign ministry blaming India again for the border situation in eastern Ladakh.
External Affairs Minister S Jaishankar said on Wednesday China has given India 'five differing explanations' for deploying large forces at the Line of Actual Control (LAC), adding this violation of bilateral pacts has 'very significantly damaged' their relationship that is now at its 'most difficult phase' in the last 30-40 years.
Given India's reliance on coal, electric vehicles could at best be 10% more efficient than petrol in terms of CO2 savings.
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
It was on April 18, 1986, when former Pakistan batsman Javed Miandad struck a final ball six to snatch victory from the jaws of defeat, against India, in the final of the Austral-Asia Cup, in Sharjah. This match still sends shivers down the spine of ardent cricket fans in both India and Pakistan.
During a video conference, Bill and Melinda Gates Foundation co-chair Bill Gates and Prime Minister Modi agreed that given India's willingness and capacity to contribute to global efforts, it was important for New Delhi to be included in the global discussions for coordinating responses to the pandemic.
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon, T N Ninan points out.
The former England captain also reckons India have 'underachieved' in ICC tournaments.
The postponement of Tokyo Olympics to next year due to the coronavirus pandemic has given India's table tennis squad more time to prepare and given the current scenario, the sport's governing body TTFI is looking to fill the head coach's position locally rather than hiring a foreign coach. The head coach position has been lying vacant since the 2018 Asian Games due to multiple factors.
'We are not yet out of the woods.' 'If India sees the South African or Brazilian type of mutations, our numbers will rapidly rise.'
'India's march towards being a $5 trillion economy continues, notwithstanding momentary setbacks.' 'India is at an inflexion point and most economists believe this growth super-cycle will extend for over four decades.'
Among other segments, home broadband subscriptions have picked up and the virtual private network service, too, increased by around 15 per cent.
Nobel laureate Peter Doherty says his 'big worry' is there could be refusals for other vaccines if doubts over its safety turn out to be true.
The vaccine would be first made available to the vulnerable population and eventually, it would be available in the private market for all.
However, the growth during the next financial year would be higher at 8.1 per cent in case of a second wave of the coronavirus and bit slower at 7.9 per cent if the virus recedes and remains under control.
Future, even present, wars -- at least those involving such tech giants as China -- include hi-tech battlefields, which a Pakistan-obsessed India has not sufficiently prioritised. Today's generals plan on how to disrupt an enemy city's power supplies, rail networks, airports, ports, and government departments, not just by bombing or torpedoing them; they also examine the option of tripping up the computer networks that run these, notes David Devadas.
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
Striker Mandeep Singh scored a brilliant hat-trick as India outclassed Canada 7-3 to put one foot in the final of the Sultan Azlan Shah Cup hockey tournament, in Ipoh, Malaysia, on Wednesday.
From TC to Cricket Legend, what an incredible journey Mahi has had!
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