Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.
Besides taking in the beauty of Portugal's capital, Lisbon, Abhijit Masih also took a tour of the nearby towns of Obidos, Batalha, Nazare and Fatima in the course of his travels there. Read his account and learn why they are a must-see if you ever find yourself in that part of the world.
The Ram Madhvani-directed biopic is based on the life of the late air hostess Neerja Bhanot, who died while trying to help Pan Am passengers escape during a hijack in 1986.
Recently, BCCI's GM (Cricket Operations) Saba Karim and head of anti-doping unit Dr Abhijit Salvi met senior NADA officials, including Director General Naveen Agarwal, to discuss the road map after the country's richest sporting body came under its ambit.
It was a many splendoured political career, which ended at the presidential palace. But the prime minister's post eluded him, even though it was a position he openly aspired for.
A touch of disppointment could be felt from the crowd since a majority of the tracks were from the new album.
Planning Commission Member Abhijit Sen on Wednesday said food inflation is expected to decline to 4 to 5 per cent by November from the current over 16 per cent after the arrival of Kharif (summer) crops.
The election campaign finally ended on Friday, May 17. Arindam Majumder reveals what he discovered on the election front on a long rail journey.
During the fourth quarter (January-March), banks step up the activity to meet annual targets. This leads to a race to raise funds from markets often by jacking up deposit rates. This time around, the market has not seen such trend yet.
Companies, so far, were constrained by the provisions of Articles 370 and 35A, which restricted the purchase of land and hiring manpower.
For generating fixed income, you can also look at the Post Office monthly income scheme, which will pay interest at 8 per cent per annum, taxable in the hands of the account holder.
Readers have been sharing their best travel images from around the country here! You can share your best #India-Photos too!
'Nowhere amidst the efflorescence of 13 military bands, 16 marching contingents and 22 tableaux was there any hint that far from being a rich country of poor people, the closely guarded secret is that India is a poor country of extremely rich people,' notes Sunanda K Datta-Ray.
In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.
'For a very long time, we have felt the need for another anthem song that binds that whole nation together,' Baabul Supriyo says.
The actress will make her debut on television with an adaptation of Gujarati author Kajal Oza Vaidya's novel Yog Viyog.
Ace shuttler Saina Nehwal walked away with the Sports Person of the Year award for 2008-09, while World billiards champion Pankaj Advani and cricketer Virender Sehwag shared the honour for 2007-08 at the ninth PSPB annual awards in Delhi on Wednesday night.
"He wanted Farah to focus on the caper, and tone down the romantic element with Deepika," says a source.
Nihal Sarin closes in on final Grandmaster norm
The online channel has only been successful in making inroads in metro cities.
Lenders say settlements will cross over 100 accounts in the March quarter.
Built in three years the circuit is magnificent and played host to the first-ever twilight F1 race. With a new race time of 5 pm, the race started in daylight and ended at night.
Bringing the curtains down on the four-month-long unrest at Jadavpur University, Vice-Chancellor Abhijit Chakrabarti on Monday agreed to step down from the post following the intervention of West Bengal Chief Minister Mamata Banerjee.
The Prime Minister Economy Advisory Council has projected a mere two per cent growth in the sector for the current year. Earlier in August, PMEAC had projected the agriculture production to grow at a lower pace of two per cent in the current year as against 4.5 per cent in 2007-08.
The actor has criticised a prominent tabloid for not doing justice to an interview it took with him in the first week of his 67th birthday.
An unmanned aerial vehicle of the Indian Navy, used for monitoring the sea off Ramanathapuram coast, crashed into a coconut grove near Ramanathapuram on Friday. Naval Commander Abhijit Bhargattagi said the UAV, named Search 922, crashed while returning after several sorties due to some technical snag.
European and world club champions Manchester United have sent a shirt sponsorship proposal to an Indian company, some 16 months before the end of their current deal with American insurance giants AIG.
The agriculture growth slowed down to 2.4 per cent in the April-June quarter this year from 3 per cent in the same quarter last year.
On whether the futures trading policy of the government has resulted in the extremely high inflation (as seen some months ago), he said the committee to study the impact of futures trading on the prices of agricultural commodities could not draw any strong conclusion. The latest inflation rate as on December 6, measured by the wholesale price index, stood at 6.84 per cent. The rate of inflation had touched a high of 12.91 per cent on August 2.
India have been drawn in Group A alongside USA, Colombia and Ghana. The hosts face USA on October 6, followed by Colombia and Ghana on October 9 and October 12 respectively at the Jawaharlal Nehru Stadium in New Delhi.
"We are already restructuring viable accounts, which are facing temporary cash flow problems," says S Sridhar, Chairman & MD, Central Bank of India.
The parliamentary committee on IT has recently been in the news for asking global representatives of Twitter, Facebook, WhatsApp and Instagram to present their views on misuse of social media platforms and its impact on citizens.
The demolition of Sahara Shahar's illegal encroachments is symbolic. The real assault will be executed at the right psychological and emotional moment, in true Mayawati style. Make no mistake.
It [becoming a donor] is something that doesn't take much time at all and it is can potentially save lives all over the world. People need to become aware why they need to become donors. South Asians are very giving people and they want to give to the community. This is another way they can help within the community in life and death situations.
Sonam is expected to be out of hospital by the end of this week.
Kareena Kapoor makes up for her goof-up.
From ice creams to dosas, these food pics will tease your taste buds.
'Through multiple transportation modes, flood waters, a couple of PPE kits, multiple temperature checks, quarantine check point, immigration approval, health declaration forms and through two Covid tests, which thankfully were negative, I finally reached home in Dubai.' Abhijit Masih reveals what it takes to embark on an international journey in the times of the pandemic.
'The effect will be seen two-three quarters down the line.'
