'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
Even as Indian Railways is gearing up to roll out high-speed passenger services, it seems set to record its worst performance in three years on accidents.
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There is no doubt that the Modi government has showed greater urgency in unearthing unaccounted money stashed away by some Indians in tax havens and other countries, enjoying the advantages of the latter's banking secrecy laws.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
The weather office on Monday forecast heavy to very heavy rainfall over the next three days over some parts of Uttarakhand, which is still recovering from a deluge last week that is feared to have taken over 1,000 lives.
Before undertaking such difficult projects as a 378-km railway line to Tawang, the government must seriously examine whether having quality roads is a better option.
