'While growth will bounce back from the current sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6 per cent,' notes T N Ninan.
The former Chief of Army Staff said India faces the most complex threats and challenges spanning a full spectrum of possible conflict -- from nuclear to sub-conventional -- but asserted that the armed forces are ready to deal with them.
Fitch said the full implications of Patel's resignation will only become clearer once there is some indication of the RBI's policy approach under his replacement, Shaktikanta Das
If not for Palaniswami, it is hard to guess if the AIADMK would have been able to garner 33.3 per cent vote share as against the DMK's 37.7 per cent. AIADMK won 66 seats, its allies Pattali Makkal Katchi and Bharatiya Janata Party five and four seats respectively and proved yet again that the western region was its fortress.
'Afghanistan is a beautiful country but has no luck as far as lasting peace is concerned'
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
'The Congress has indeed become overly dependent on the RJD.' 'A few Congress leaders have successfully convinced the national leadership about the benefits of maintaining ties with the RJD.'
Both lenders and Etihad are not comfortable with the entities holding stake in Jet as they have no proven credentials in running a big business
'If businesses are focused on de-leveraging, they can hardly be investing. This is the price extracted by investment mistakes during UPA rule, and should have been foreseen. 'But Modi-I must share the blame, for muted reform of the financial sector, partisan policy in telecom, the harm done to exports by an over-priced rupee, and so on,' says T N Ninan.
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
There will be uncertainty about outcomes,but one must hope for the best, observes T N Ninan.
The statement contains a lot of crucial information. Ignoring it can sometimes be perilous and may land you in deep financial trouble
Rural India was left to fend for itself by those who ruled the country earlier, Modi said in a swipe at the Congress.
Novak Djokovic increased his Grand Slam tally to 19 titles, and is now one adrift of the men's record held by Roger Federer and Rafael Nadal.
Jet and Etihad have already agreed upon a Rs 4,000-crore interim financing plan according to which Etihad will put in Rs 750 crore either on its own or from an offshore or onshore lender, and a matching amount will be provided by the Jet lenders.
'The real estate sector has been badly bruised because it has become too reliant on funding from NBFCs, including housing finance companies. 'When the NBFC industry was rocked late last year by a large default, the real estate sector was hit hard. 'An intricate web of links between rural incomes, construction activity and shadow banks are fuelling the economic slowdown', says Pranjul Bhandari.
The slowdown in India is related to a credit squeeze, which is a cyclical problem - not a structural problem: American economist Steve Hanke.
Since the nation is now paying the price of such behaviour in terms of the long queues at the crematoriums and graveyards, the anxiety of the RSS is natural, especially if the BJP's main support base of the middle class turns away from it, observes Amulya Ganguli.
In a soon to be published book, 'Of Counsel: The Challenges of the Modi-Jaitley Economy,' former chief economic advisor Arvind Subramanian says though RBI has a good reputation, it does not mean it's always right, as for years, the RBI was unable to grasp the seriousness of the loan repayment problems or identify the prolonged frauds of Nirav Modi and the likes.
All 32 accused in the 28-year-old Babri demolition case, including BJP's founder-members LK Advani and Murli Manohar Joshi, have been acquitted by a special CBI court in Lucknow.
Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business
The amendments should be submitted by year-end.
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
Experts tell Tinesh Bhasin how to pick one to save money as well as some troubles later
Titan accounted for 59.6 per cent of his disclosed portfolio at Rs 8,355 crore. This is more than 10 times the next biggest holding, Federal Bank, at Rs 619 crore.
'I could see the silhouettes of three men on the sixth floor.' 'I pointed them out to the NSG personnel standing beside me and suggested they take them out.' 'They did not have the clearance to fire.'
'If you talk about any kind of equality, you are under attack.'
Embattled liquor tycoon Vijay Mallya claimed on Sunday that Prime Minister Narendra Modi's statement in a recent interview confirming the recovery of Rs 14,000 crore worth of his assets has fully vindicated him in his assertion of being a "poster boy" for the Bharatiya Janata Party-led government.
What went wrong for India in the World Test Championship Final against New Zealand?
'I want to show that we are also part of this society and want to participate just as much, whether it is for security or whatever community work there.'
UB Group stocks, led by United Breweries Holdings Ltd, on Monday slumped by up to 5.3 per cent as trouble mounted for Vijay Mallya.
'The financial sector will be hit even harder than the overall market.' 'The banking sector will eventually be rescued.' 'But it may go into a long downwards spiral before things turn around.' 'Threat or buying opportunity?' asks Devangshu Datta.
An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
'MGNREGA is definitely like a lifeline and is the employer of the last resort'
Three members will be representatives from the government, and three from the RBI.
Aakar Patel looks forward to Prime Minister Modi's speech at the bhoomi pujan for the Ram temple in Ayodhya next week. It will be entertaining and stirring, predicts Aakar, and make lots of promises that he most likely won't be able to keep.
Prime Minister Narendra Modi on Tuesday slammed Chief Minister Mamata Banerjee for seeking en bloc voting by Muslims for the Trinamool Congress and said had his party made a similar appeal to Hindus, it would have been criticised and censured.
The government plans to inject a total Rs 70,000 crore into the lenders over four years
The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.
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