'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'
Governments that did not respect the central bank's independence would sooner or later incur the wrath of financial markets, ignite economic fire, and come to rue the day they undermined the regulatory institution, Deputy Governor Viral Acharya warned.
A lacklustre Dempo suffered a 1-2 defeat to Syrian side Al Maged in their Group E AFC Cup match in Damascus on Tuesday night. Dempo, who had beaten their opponents 1-0 at home, were outclassed by the Syrian side and could have lost by a bigger margin had not goalkeeper Abhijit Mondal saved at least half a dozen shots on target at the Al Abbassiyin Stadium.
Several police officers, including investigators, joined in the candlelight vigil as Mahato's friends related stories about him. Friends remembered him as a talented engineer and cook, and a person who was always ready to help his fellow students. On the occasion, Tod Laursen, the professor who recruited Mahato, said that nothing could have been more out of context than the violence that took him away.
'The residents of the area have for long been complaining about the chaos and traffic build up there due to the ramp,' MP Poonam Mahajan says.
Planning Commission member Abhijit Sen on Wednesday said growth in the next fiscal may reach seven per cent due to the stimulus packages already introduced. On deflation he said, "I personally do not see any threat of generalised deflation, though it (might happen) in some sectors."
Angry over the children's death, hundreds of people took to the streets and protested near the local police station demanding action against school teacher and officials responsible for the calamity.
Mumbai colts are participating in the Moin-ud-Dowla Gold Cup invitation cricket tournament, at Hyderabad from September 6.
Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.
Bharati Vidyapeeth University, Pune, invites applications for its All India Entrance Test for admission to its management courses.
Sakaal Times is in the news for the wrong reasons. The paper has shut down its Delhi office leaving a little over 60 people jobless.
Do you have an opinion on the violent attacks on Indian students in the US? Tell us!
Conventional tape cracks when it is pulled off a surface. The cracks enable removal, but usually also render the tape useless for reapplication. The toe pads of tree frogs and crickets, on the other hand, contain microscopic channel patterns that prevent cracking.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With substantial number of employees having been with Jet Airways for around 20 years, getting another job is also not easy considering the age factor and the job market situation.
Lok Janashakti Party member of parliament from Balia, Suraj Singh alias Surajbhan Singh on Thursday challenged before the Patna High Court his conviction for a life term in a murder case by a Begusarai fast track court.
Arjun Rampal gives his stand.
The petitioner submitted that the high court had erroneously discharged the actress of criminal intimidation charges while acknowledging the same against her father Ashok Chopra and underworld don Chhota Shakeel.
He will have to surrender before the court by the end of 14 days.
Police have slapped more charges on a youth accused of killing Indian student Abhijit Mahato, as shocked family members and students held a prayer service for the 29-year-old Duke University alumni.
The panel has also decided to increase the weight of manufactured items and the fuel group in the new index. Accordingly, the new WPI series, with a revised base year of 2004-05, will see the weight of manufactured items go up to around 65 per cent from 63.75 per cent in the present series.
Hundreds of Indian companies are expected to go big, issue public issues and even acquired by top global IT firms.
RBI says haste in easing norms for banks harmful to economy.
After 14 months of deliberation, the five-member Abhijit Sen Committee on futures trading has failed to reach a consensus on whether to support or oppose the ban on futures trading in all farm commodities. Earlier, the committee had planned to recommend continuation of the existing ban on futures trading in some farm commodities and had included it in its draft report. The government had suspended futures trading in tur, urad, wheat and rice last year.
Among the states due for election next year are AP, Haryana and Odisha, which have a fair share of agri credit. If these states individually announced debt relief, the combined waiver would be at least around Rs 600 bn to Rs 700 bn. Clearly, this will be a frightening challenge for Indian banks.
What are the problems affecting the growth of food processing sector in India
Shortly after former President Pranab Mukherjee passed away, leaders, including President Ram Nath Kovind and Prime Minister Narendra Modi, paid tributes to him.
Corporate lending has not slowed down. There is no slowdown in manufacturing and services, says M D Mallya.
India's leading national commodity exchanges have asked the government to immediately lift the ban on futures trading on certain agricultural commodities.
India's national commodity exchanges will have to now wait longer for the government nod for foreign direct investment.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
With Jadavpur University students demanding the Vice Chancellor's resignation over a molestation case, an apology message attributed to the VC was on Saturday posted on the varsity website, which official sources denied claiming the website has been hacked.
Drinking milk and dairy consumption may lower your risk of high blood pressure, scientists say.
Shocked Indian students in North America have launched an online petition addressed to the Indian government and the Indian embassy in Washington, lashing out at the alleged apathy of local autorities in the case.
In an apparent breakthrough in the killing of Indian student Abhijit Mahato, the police have arrested a young suspect and charged him with murder and robbery.
Before falling seriously ill, Neeraj Vora was working on the third instalment of the Hera Pheri franchise.
Shiv Sena leader Abhijit Panse is in no mood let hate messages on Orkut go unchecked. For this he is prepared to go to any extent.
You don't become the Number One side in the world without the hard work and toil before and after the bails are off.
