Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
Around 30-50 million passengers in the reserved category have switched over to digital payments.
Consumers may not have got any respite from high interest rates, but they also need not be apprehensive about further increase with the Reserve Bank of India giving a clear signal for stable monetary policy stance.
Bankers have said that lending rates could go up to 0.5 per cent after the Reserve Bank's annual credit policy, which is widely expected to take stringent monetary measures to contain price rise. Many expect the central bank to effect a hike in cash reserve ratio (CRR), the rate of amount all commercial banks need to keep with the Reserve Bank, in its annual credit policy on April 29. Many banks, including SBI, had revised their lending rates downwards early this year.
The moral of the story from Maharashtra is that stripes alone don't make the Hyena a Tiger, says Colonel R Hariharan.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
'This mess is an all boo, no show,' says Sukanya Verma.
The music of this Dhanush and Meera Jasmine starrer is run of the mill with an overdose of hip hop beats.
Leg-spinner Adam Zampa bowled a sensational spell with the ball to help Australia register a narrow four-run victory against India in the rain-hit first T20 International in Brisbane on Wednesday.
'Priyanka Gandhi play is not only about winning allies and lifting spirits; it's also about cash'
Ahead of its annual monetary policy scheduled next month, the RBI in a sudden move hiked the repo rate and Cash Reserve Ratio** to 7.75 per cent and 6.5 per cent, respectively to suck out about Rs 19,500 crore (Rs 195 billion0 from the system.
Raghuram Rajan on February 2 left the key interest rate unchanged.
This is on top of the Rs 200,000 crore (Rs 2000 billion) of market stabilisation schemes. I don't know whether to call it hawkish, dovish or neutral. No action is being taken now, except to partly take care of the overhang of liquidity.
2.0 raises the bar for Indian films, taking them a step closer to Hollywood blockbusters, says Saisuresh Sivaswamy.
The BSE Bank index was the worst performer among key indices with a steep fall of 463.96 points, or nearly 6.5 per cent at 6,749.78.
'It is imperative for the youth of our great nation to step up and be involved in creating India's destiny.'
RBI goes in for 50-basis point increase in two stages.
Have a look at these photos taken from the incredible world we live in. These are the winners of the Wildlife Photographer of the Year competition 2020.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
The central bank has also left the Bank Rate and the Cash Reserve Ratio unchanged at 6 per cent and 5 per cent, respectively, in the annual policy announcement 2007 released on Tuesday.
The International Cricket Council (ICC) expressed disappointment at South Africa captain Faf du Plessis's decision to lodge an appeal after he was found guilty of a ball-tampering in the second Test against Australia.
The new Jumanji can easily be enjoyed by those unfamiliar with the original, feels Sukanya Verma.
Blowing a hole into the Union government claims that terror funding had been badly hit by the demonetisation of Rs 1,000 and Rs 500 notes, the new currency notes were recovered from the possession of the terrorists who were killed in an encounter in Jammu and Kashmir.
Why do the biggest, most talented and successful film-makers of India suck up to the establishment so breathlessly, asks Shekhar Gupta.
Abhay Deol shoots himself in the foot by acting in (and, inexplicably, producing) this monstrosity called One By Two that sucks all the goodwill out of an actor we usually like, writes Raja Sen.
Like the first season, Sacred Games 2 has become a talking point once again, getting its share of love and flak from viewers.
20 years ago this week, India and Australia played one of the greatest Test matches in cricket history. Sreehari Nair relives the sound and the fury of that unforgettable game at the Eden Gardens.
'The general perspective -- certainly on Capitol Hill and Congress -- the love for India, the positive feeling for India still focuses on India as a democracy.' 'The more that Indian democracy and its pluralistic features is called into question by Indians, the more that same debate will replay back here.'
Anil Kapoor and Madhuri Dixit get ready to make Total Dhamaal on the big screen again!
'We are a young nation. But I wanted to explore the conflict between the young and the old.' 'The cynicism of people who have lived it versus the optimism and naivete of the young.'
FIFA president Sepp Blatter has hit back at his critics, saying he was no "ruthless parasite sucking the lifeblood out of football" and arguing the profits his organisation earn are ploughed back into the global game.
Reacting to Khan's detention at a US airport, for the third time in seven years, Sena said despite this "common occurrence," the "tolerant actor" goes to the US repeatedly.
The prayer, Sarvejana Sukhinobhavantu, or let the whole universe of living beings be well, helps. So do profound and relevant Ancient Wise Words and aphorisms: Vasudaiva Kutumbakam, or the whole world is one big family, interconnected, interdependent. And a sense of humour, jokes, pranks, writing, conversations. And, last but definitely not least, the rippling waves of inner realisation on the background mind-track -- about the insignificance of ego, the importance of humility, the wasted opportunities in life, the wrong moves, the strokes of luck, the past 'sins', the what-ifs.
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