Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

NRIs honoured in London

The Indian Overseas Congress has honoured three non-resident Indians, including Pavan Varma, the Director of Nehru Centre in London, for their outstanding contribution to the community. The Non......

Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

Can Private Bankers Transform Public Sector Banks?

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   Last week's column on the......

'IOB Bets Big On M&A Financing'

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'   Indian Overseas Bank (IOB) is betting big on merger and acquisition (M&A) financing, a......

India rejects IMF view that US tariffs will stay indefinitely, hit growth

IMF’s Article 4 consultation report on India The Indian government has expressed its disagreement with the IMF staff’s ‘baseline’ assumption that the 50 per cent US tariffs on its goods......

India Inc lukewarm to bank loans

Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to......