Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Ajit Doval, former chief of Intelligence Bureau and now head of Vivekanada International Foundation, continues his furious argument against any kind of CBI action against his former colleague Rajinder Kumar in the Ishrat Jahan fake encounter case of 2004.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.