The Centre should privatise all public sector banks (PSBs), except the State Bank of India (SBI). This is because private banks have emerged as a credible alternative to PSBs with substantial market share. Also, government ownership hinders the ability of the Reserve Bank of India (RBI) to regulate the sector, according to a report by the National Council of Applied Economic Research (NCAER).
Tilak was picked up by Mumbai Indians on the second day of the IPL 2022 mega auction.
The sabre, or a curved sword, has been identified as a gift to a British officer for his success in suppressing a siege in Lucknow during what India describes its First War of Independence.
Less than half-a-dozen people have evinced interest in buying the eight apartments owned by the late Harshad Mehta and his family, partly due to a last-minute case filed by the stockbroker's mother, Rasila S Mehta.
'How will they give me permission to die when there are many others in conditions worse than mine?'
Amy Jain, jewellery designer launched BaubleBar .
For almost all the properties owned by Vijay Mallya, the reserve price has been marked down after the earlier attempts failed to attract bidders.
Going once, going twice, sold! Jewellery that belonged to Marie Antoinette, wife of King Louis XVI and arguably France's most famous queen were auctioned by Sotheby's on Wednesday as part of their "Royal jewels from the Bourbon Parma Family" event. Take a look at the gorgeous jewellery that was up for sale.
A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.
These images from across the globe tell that it is a crazy world out there!
The Villa, owned by United Breweries Holding, was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010
Nivedita Mookerji explains why a timely rollout of 5G may not be easy in India.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
Captain Hardik Pandya led from the front with both bat and ball to guide Gujarat Titans to the IPL title in their debut season, after they beat by seven wickets in the final in Ahmedabad on Sunday.
The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.
Being a victim of recurring political unrest over three decades, low productivity and escalating production cost, the Darjeeling tea industry has not been in good financial health over a long time.
A number of top cricketers have expressed concern about being confined to biosecure bubbles for months on end to keep international schedules on track.
India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.
Banks put the airline's trademarks including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' on the block
The auction, offering coffee with the next first daughter during a 45-minute private meeting, had been running for 10 days and had drawn 28 bids, the highest of which had reached $72,888 (Rs 49 lakh).
The police in every state teems with officers like Sachin Vaze, observes Virendra Kapoor.
The magnificent 10-bedroom mansion once owned by fashion designer and founder of Gianni Versace, an international fashion house, is set to be auctioned.
If there is a morality tale here, it is that debt and death spare no king.
The question mark over Vodafone Idea's survival is gone after the government's telecom package, managing director and chief executive officer Ravinder Takkar said in an interaction recently. The extended moratorium for spectrum payments and adjusted gross revenue (AGR) dues has indeed ensured that Vodafone Idea survives, at least for the time being, but questions remain. Answers to those questions may determine the future of Vodafone Idea and its power to stay in a difficult telecom market in the coming years.
A minimum levy of 12 per cent GST on tea will increase the cost, which will ultimately be passed on to consumers.
Given the hotel's prime location, it is obvious that there will be some serious bidders trying their luck when an auction is held in the second half of this calendar year.
Hindu festivals are now becoming occasions when anti-Muslim hatred is expressed freely through slogans and songs that are full of abuse against Muslims or calls to either kill them or humiliate them, observes Apoorvanand.
Reports said that the two hotels can fetch up to $1 billion.
As Michael Kors takes over the Italian fashion house, we take a trip down memory lane and look back at the Versace story.
'We were among the first organisations to voice our opposition to the three Acts long before anyone else and had sent memorandums collected from 3,000 tehsils across the country to the agriculture ministry to amend the Bills, but nothing was accepted,' says BKS general secretary Badri Narayan Chaudhary.
'They will be able to ride over this immediate crisis and carry on, but they need to take corrective steps and these will have to be long term measures which must include working closely with state governments.'
The trademarks/brands on the block include Fly Kingfisher, Flying Models, Funliner, Fly the Good Times, Kingfisher and Flying Bird Device.
'These naval sailors should have been given due respect as freedom fighters.' 'February 18, 1946 should be as important as January 26 because that date changed everything.'
Navjot Singh Sidhu quit as the Punjab PCC chief, triggering other resignations and plunging the party into a fresh crisis just months ahead of the assembly elections.
The Indian Premier League will get two new teams on Tuesday for the ninth edition of the popular Twenty20 tournament.
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.
Auction house Bonhams has sold a spectacular collection of arms and armour once owned by Mysore ruler Tipu Sultan for over 6 million pounds (Rs 56.8 crore).
Close to 21.5 per cent of this will be sold to Japan's Nippon Life, which will then become the sole promoter of the fund house.
On July 1, 2021, Britain's Princess Diana would have turned 60 and two decades after her tragic death in a car accident near the end of summer 1997, she still holds an exalted place on the altar of the most admired people in the world, her status secure as a style icon -- as is her legacy of having forever changed the British monarchy.
Images of the events that shaped the world last week.
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