The idea was that despite some defaults the high rates would assure good profits.
For 'a person who has dedicated his life to teaching students, guiding them to restoring monuments and preserving our built heritage, I never dreamt that my home will one day be demolished.'
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Businesses coming to terms with Ind-AS (Indian Accounting Standards) implementation, GST can do without further uncertainty and costs, say N Sundaresha Subramanian & Sudipto Dey.
Given the rapid changes in the Indian labour market, there is an urgent need to have current, accurate and publicly available data through regular, dynamic and comprehensive surveys. Indeed, this was the intention behind constituting the NITI Aayog Task Force on Improving Employment Data. The attempts by the government to "improve" labour data has actually made it worse, say Rosa Abraham, Janaki Shibu & Rajendran Narayanan.
The government didn't call a meeting of the selection committee deliberately to facilitate the appointment of a junior officer to the post, the committee's Congress member told the PM.
The death toll in twin explosions in this Chinese port city of Tianjin on Saturday rose to 85 amid protests from frustrated relatives of the missing fire fighters demanding answers on their loved ones' fates as specialised anti-chemical warfare soldiers recovered one survivor.
The PIL , filed by advocate M L Sharma, sought action against Ranbaxy for allegedly supplying substandard and adulterated drugs
This was the companies' highest loss in two years.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
'Everybody fears them and rightly so. Who in his right senses wouldn't fear these agencies?' 'They can take away everything in seconds with near zero recourse to law.'
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
Setting up a system is not very complicated and costs can be Rs 2-3 lakh for a 100-apartment society
Manoj Sinha will retain his current role in the railways.
The gross NPAs of some public sector banks, including State Bank of India and Punjab National Bank have crossed 4 per cent of the total assets at the end of March, 2013.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
The policy proposes a contingency plan to handle cyber attacks on vital installations and critical infrastructure.
The Election Commission sent a notice to Mangal Prabhat Lodha, the BJP's Mumbai chief. This is probably because a leading newspaper highlighted his utterances on its front page.
In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.
He has left no one in any doubt about his ability to take bold, even out-of-the-box, decisions, to gauge the feelings and aspirations of the common people at the grassroots and to ensure that polices and schemes do not remain on paper, but are implemented, says B S Raghavan, the distinguished civil servant.
'The money is safe with the payment services solutions provider'.
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
Sources indicated defence and national security initiatives.
Amazon committed a fresh investment of $3 billion, in addition to the $2 billion it announced in 2014.
Long-term investors can stay put in the markets, but should brace for volatility
Central Bureau of Investigation Director Ranjit Sinha on Monday said "collusive corruption" in which there is a willing bribe-giver is emerging as a "formidable" challenge for institutions fighting corruption.
Alipay payment service is about bringing the world's consumers and businesses together.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
India's snooping programme is officially underway and multiple agencies will use internet surveillance system Netra and National Cyber Coordination Centre to keep a tab on suspicious activities on the internet, says Vicky Nanjappa.
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
'And Indians are loving it,' says Shekhar Gupta.
Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.
'To selectively look at the operation of certain laws -- in a manner that ignores the realities of caste and gender injustice in India -- and conclude that they are being particularly misused, is plain wrong,' says Aakar Patel.
'When these fugitives flee to Karachi they don't have much to do, but tweedle their thumbs.' 'I have seen a number of criminals coming back to India because they realise they can meet more people over here.' 'After the 1993 blasts, Latif was not mentioned in the chargesheet.' 'He probably felt he could safely return to India.'
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Trade enhancement is not about lowering tariff barriers, but dismantling such regulatory barriers.
Health insurance has almost 23 per cent market share in the general insurance space.
