'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
The protests were triggered by the two attacks on their colleagues.
China's National Health Commission on Thursday said the country reported only four new confirmed COVID-19 cases on Wednesday, taking the total number to 82,862, while no death due to the disease was registered. The virus has claimed 4,633 lives in the country.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
'There are companies that are losing and there are companies that are rising.' 'And the companies that are losing are positioning it as an economic slowdown.'
At least six people were as explosions and gunfire rattled a major foreign guesthouse complex in killed in Kabul on Wednesday morning. The attacks came hours after United States President Barack Obama left the Afghanistan capital after a surprise overnight visit.
"Only 27 bodies can be kept in the KEM mortuary. But, all slots are filled with COVID-19 victims' bodies and other bodies have been kept in the corridor. There are some 15 bodies kept on stretchers on both sides of the corridor that leads to the second floor where the testing laboratory is located," KEM staffers' union leader Santosh Dhuri said. "Workers need protection kits and assurance of financial support in case of falling sick. These issues are not satisfactorily addressed by the BMC and the state government despite several reminders and agitations," he said.
The contemporary music scene in Delhi is deliciously complex and layered; while Bangalore may be the rock capital and Mumbai busy helming alternative, Delhi is revelling in a unique sonic experience, says Ritika Bhatia.
The International Olympic Committee on Wednesday awarded the 2024 summer Olympic Games to Paris and the 2028 edition to Los Angeles following a vote in the Peruvian capital.
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
Militants on Wednesday struck Pakistan's Naval Headquarters with a teenage suicide bomber blowing himself up at the gate of the complex here, killing a naval official and injuring three others, including a young boy.
A large team led by Kumar Mangalam Birla has taken charge of the integration process.
Irrational behaviour, born out of incomplete understanding, biases, overconfidence, fear or greed, has led investors to make less than half of what they could have in the capital markets, says Erik Hon.
Traffic was thrown out of gear; visibility dipped, leading to delays in flights.
A look at some of the major terror outfits operating in African continent
New products being designed mainly for auto, oil & gas sectors; firm is raising Kalinganagar plant capacity from three mtpa to eight mtpa
Maharashtra has reported the most coronavirus deaths at 45, followed by Gujarat at 12, Madhya Pradesh nine, Telangana and Delhi seven each, Punjab six and Tamil Nadu five fatalities.
The searches are linked to suspected movement of hawala money during the ongoing polls season and tax evasion, they said.
With projections suggesting the number of cases in the city will touch 75,000 by the end of May, civic authorities are working overtime to add to the number of beds.
If Modi's truly a reformer and a believer in minimum government, he would bury the Vodafone ghosts now. He would also then go to Bihar, campaigning on his politically controversial reforms. Both will need him to dip deep into his accumulated political capital and risk it, suggests Shekhar Gupta.
The bomber was killed outside the popular Karnak temple which is the second largest ancient religious site in the world.
Long-term exposure to chronically high PM2.5 levels weakens the ability of the lungs to fend off infections, therefore making people more susceptible to COVID-19, the scientists said.
Women and student activists on Sunday converged near India Gate, which had witnessed largescale anti-rape protests in December last, demanding justice for the five-year-old rape victim in the national capital.
At the Mumbai launch of his latest book, The Third Pillar: How Markets And States Leave The Community Behind, former RBI governor Raghuram Rajan served up an interesting mix that included Taylor Swift, Donald Trump, privileged families and a strong dose of commonsense economics.
Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.
Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.
The NHC said, 78 new confirmed COVID-19 cases were reported on the Chinese mainland on Monday, of which 74 were imported from abroad taking the number of overseas cases to 427.
We can expect to see more Chinese wolf warrior diplomats on the prowl, in India's neighbourhood, though its mailed fist is not so visible while dealing with India, observes Colonel R Hariharan (retd).
There will be no separate samadhis for VVIPs in Delhi as the government on Thursday decided to have a common complex for memorials of departed national leaders like Presidents, vice presidents and prime ministers. The Union Cabinet cleared a proposal to set up 'Rashtriya Smriti' along the Yamuna river in central Delhi in view of the paucity of space as around 245 acres of prime land in the national capital has already been occupied by separate samadhis.
Rediff.com's Sheela Bhatt, who is travelling around Gujarat, lists the factors that will help Chief Minister Narendra Modi likely win the state election.
BCI Chairman Manan Kumar Mishra said in a letter that sparing such "rowdy elements" is tarnishing the image of the institution and it is the inaction and tolerance of bar bodies that encourage these advocates, which would ultimately result in "contempt proceedings by the high courts or Supreme Court".
Credit Vidya helps lenders assess credit and fraud risk for thin-file and new-to-credit customers.
As the number of cases crossed 2,56,000 with more than 7,100 fatalities, according to Union health ministry figures, and the country made a calibrated exit from the lockdown in non-containment zones, shop shutters in many malls went up for the first time since March 25 but the sprawling retail places were eerily empty.
Initial reports said the blast occurred within the barracks of the Anti-Terrorism Squad at the Police Lines. Witnesses said several injured persons were rushed to nearby hospitals by ambulances.
The police suspect Maoist rebels were behind the blast in Kathmandu's largest office-cum shopping complex.
The quantum of punishment will be announced later on Monday.
We bring you a list of the top ten landmark sites in India most recommended by TripAdvisor travellers.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
Cuba has an eclectic mix of colonial and Art Deco homes, apartment complexes and impoverished buildings.