India-China relations are showing a positive trend towards returning to cooperation, Chinese Foreign Minister Wang Yi has said, stressing that the two countries should view each other as partners,......
China attaches great importance to Prime Minister Narendra Modi's planned visit to attend the Shanghai Cooperation Organisation summit and looks forward to India's active contribution to its......
China on Saturday formally started the construction of a $167.8 billion dam over the Brahmaputra River in Tibet, close to the Indian border in Arunachal Pradesh. IMAGE: Construction is in full......
China has defended its plan to build the world's largest dam on the Brahmaputra River in Tibet saying that the project will not affect riparian states and safety issues have been addressed through......
China has approved the construction of the world's largest dam, stated to be the planet's biggest infra project costing $137 billion, on the Brahmaputra River in Tibet close to the Indian border,......
The Reserve Bank on Wednesday imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms on concerns over evergreening of loans. Photograph: Eieleien/Wikimedia......
The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. Illustration: Dominic Xavier/Rediff.com During the......
Search and seizure operations at 60 premises of four ARCs have exposed the 'unholy nexus' between borrowers and ARCs.Yet another scam that will embarrass the RBI, points out Tamal Bandyopadhyay.......
Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay. Illustration: Uttam......
The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank', by 2021-2022.Only 10 per cent of this has been executed. Illustration: Dominic......