Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
With crude and commodity prices ebbing and the twin deficits under check, the Reserve Bank should have cut the key policy rate to push investments and boost economic growth, India Inc said.
The BSE Mid-cap index gained 1.1% while the Small-cap index surged 1.3%, outperforming the benchmark indices
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
Kavitha Kuruganti has been fighting for decades to ensure farmers are respected and get their due from the Indian nation. In order to ensure they don't struggle for a living, she works to ensure sustainable farm livelihoods and farmers' rights.
After two years of growth in the 4 per cent to 5 per cent range, the gross domestic product is expected to increase more robustly in 2015, growing to an expected 6.4 per cent.
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Companies are legally allowed to invest in markets in India, but the practice has seldom stirred central bank concern until recently, when they have become much more active players.
Make in India has big shortcomings when it comes to natural resources.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
It's time the regulator did some introspection.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
"The Congress believes in the politics of appeasement and dynasty, whereas BJP follows politics of performance," Shah said.
He also sought to know if Modi, during his recent meeting with Chinese President Xi Jinping, asked the latter about the 2017 Doklam standoff.
'Brand Kejriwal-AAP have a long way to go even if they win another Delhi election...'
'It is a force nobody can ignore, not even Mr Modi, because it will keep punching above its weight,' notes Shekhar Gupta.
She said Finance Minister Arun Jaitley is working "hard" on the Bankruptcy Code
'Parents are like customers and the customer is king.' 'As a result, disciplining by teachers is also frowned upon.' 'One of my teachers gave a student a C in some subject and the father says to me: "I didn't send my son to an expensive school like this for him to get a C!"'
'The leadership values I learnt while playing cricket in India helped me compete vigorously in the face of uncertainty -- putting the team first and bringing out the best in everybody.'
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
A more rigorous training in core skills is required to boost the engineering talent in the country, instead of a varnish of 'soft skills', says Ajit Balakrishnan.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
Without civilisational moorings, India, more a sub-continent than a country, could not exist. Primacy of Dharma has been the cornerstone of Indian civilisation, says Colonel Anil A Athale (retd).
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
The RBI will have to focus on constructive change to ensure growth.
'No private project will take off at such high interest rates'
'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
No country has grown without educating its people. India's shameful lag in primary and secondary education has persisted for several decades, and the crisis in higher education is now threatening a social and political calamity, says Ashoka Mody.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
'There is much scope for ingenuity and inventiveness, and the stakes are very high.'
'All of Indira Gandhi's bad economic ideas are being strengthened, from nationalised banks to anti-poverty, handout yojanas,' says Shekhar Gupta.
China has demonstrated that it has the power to not be isolated, and it is likely to become more powerful over time.
Growth in the third quarter (October-December) is expected to be the weakest in years, with spending hit due to unavailability of enough replacement currency.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.
No new ideas, please, we are Indian. Seventeen years into the 21st century, we are still fixated by the ideas of the 20th century.
While great to sketch and draw, the Yoga Book's keyboard remains an issue.
Software product revenues seen at only $6.1 bn in FY15
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