Indian Bank expects recoveries to be more than slippages in this financial year, which will result in improved asset quality.
The phone conversation came days after it emerged that Modi will not be travelling to Russia for the annual India-Russia summit this year.
Party also plans over 35 virtual rallies of Prime Minister Narendra Modi
The government and unions representing farmers, who have been camping at Delhi's border for about three months in protest against the three laws that they see will end state procurement of crops at MSP, have held 11 rounds of talks, the last being on January 22.
West Bengal Chief Minister Mamata Banerjee is arriving in New Delhi on Thursday for a four-day visit during which she is likely to meet senior leaders and attend a Niti Aayog meeting on August 7, sources said.
The government on Friday appointed Suman K Bery as the vice chairman of Niti Aayog, following the sudden resignation of Rajiv Kumar.
According to them, these marches were a "rehearsal" for their proposed January 26 "Kisan Parade" to the national capital from different parts of Haryana, Punjab and Uttar Pradesh.
With farmers firm on their demand about repealing of the three agriculture laws passed by the Centre, their protest entered the 20th day on Tuesday with demonstrations continuing on Sant Nirankari Samagam ground in Burari on the outskirts of Delhi and at various border points.
Addressing a press conference, farmer leader Darshan Pal Singh said their proposed parade will be called "Kisan Parade" and it will be be held after the Republic Day parade.
Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.
'The BJP's real weapons are Hindutva, organisation and finance.'
All laws have been modified to omit the domicile clause for property rights in the valley. This effectively means that anyone with enough money to spend can now technically buy property there, writes Sai Manish.
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
Eknath Shinde is appearing to be holding a tight grip on the Shiv Sena, as the strength of MLAs supporting him is expected to cross 50 as more legislators are likely to reach Guwahati on Friday thus further deepening the political crisis in Maharashtra.
The Securities and Exchange Board of India's (Sebi's) board on Wednesday allowed foreign portfolio investors (FPIs) to trade in exchange-traded commodity derivatives. The move, it said, "will enhance liquidity and market depth, as well as promote efficient price discovery." Overseas investors will only be allowed to deal in non-agricultural commodity derivatives and only cash-settled contracts.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answers your questions on NRI investment.
'It is building the country's infrastructure, and delivering it very efficiently.'
According to a complaint lodged by the woman's husband, Shakoor Khan broke into their home on Thursday and raped his wife when she was alone.
The Genetic Engineering Appraisal Committee (GEAC) has recommended the environmental release of the genetically modified (GM) mustard variety DMH (Dhara Mustard Hybrid)-11, paving the way for the commercialisation of the country's first GM food crop. The GEAC said the recommendation was valid for four years from the date the approval letter was issued. Further studies and coordinated trials will have to be conducted jointly with the Indian Council of Agriculture Research (ICAR) within two years, according to the minutes of the GEAC meeting held on October 18, which was released on Wednesday.
'Very few of small investors stay invested for those three or four or five years.' 'If there's like a six month, one-year period when market is not doing well, you exit.' 'After the market has run up, you get in again.' 'This way you will never make returns.'
The Tamil Nadu Assembly on Saturday adopted a resolution urging the Centre to withdraw three contentious farm laws, against which farmers have been holding protests outside Delhi for months.
Seven of the meetings will be held in late November or early December at the finance ministry, as is the norm.
'As soon as the violence broke out, they should have stepped in and sent a message that the state is there to stop this violence.' 'Had they done it right there, the situation would not have gone out of control.'
Senior bureaucrat Pradip Kumar Tripathi has been appointed as secretary (coordination) in the Cabinet Secretariat as part of a major bureaucratic reshuffle effected by the Centre on Monday.
The Wildlife Institute of India's former dean Yadvendradev Vikramsinh Jhala, who was part of the cheetah project in the past, told PTI that KNP has 'inadequate space' for these animals.
Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.
'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'
With the talks between the Centre and the agitating farmer unions stalled since January, Agriculture Minister Narendra Singh Tomar on Wednesday expressed readiness to resume the dialogue to resolve their objections to the three new agri laws, but the unions remained adamant on their demands for a repeal of the legislations and a legal guarantee on the minimum support price.
'Hindus have never been polarised across Maharashtra in any state election.'
The 'Angh' of Oting, Tahwang, is contesting the February 27 assembly polls on a Naga People's Front (NPF) ticket against the incumbent Bharatiya Janata Party MLA P Paiwang Konyak, who is a cabinet minister in the outgoing government.
According to the global financial services major, the Consumer Price Index based inflation is peaking off and is expected to be around 7.5-8 per cent in September.
A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.
The farmers stuck to their demand of taking out the rally on Delhi's busy Outer Ring Road.
Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
The amendments to the six-and-half-decade law provides that stock holding limit on commodities will only be imposed under exceptional circumstances like national calamities, famine with a surge in prices, the minister said.
Sources revealed the deceased, Kanjibhai Mothalia, was the elder brother of senior Gujarat IPS officer JR Mothalia.
The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.
Tikait said the farmers are ready to talk with the government on the farm laws but made it clear that the discussions should be held without conditions.
The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of "loan mela" to boost credit by directing banks to lend to people through public meetings.
