Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
The PM held bilateral meetings with three ASEAN leaders, including his Vietnamese counterpart Nguyen Xuan Phuc and Myanmar's State Counsellor Aung San Suu Kyi, and discussed key bilateral and regional issues.
Overseas bourses may take similar action and stop providing data on foreign indices and commodities traded in India, Ashish Chauhan, chief executive officer, BSE said.
The amount of loans that carry a high risk of slippage into the NPA category over the next few quarters is about Rs 2.8 trillion.
Under the proposed rules, individuals or companies will have to register with the central licensing authority to run an e-pharmacy; state-wide registration is not required.
National artificial intelligence unit stuck for lack of anchor department
A five-judge constitution bench headed by Chief Justice Dipak Misra, hearing a petitions challenging Aadhaar, said no system in the world was secure and the issue was not as to how data is collected, but how the information so collected are used or misused.
As if wanting to be an antidote to the coronavirus pandemic, the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the world's largest vaccination drive sparking off a world-beating rally on Dalal Street, despite bouts of uneasiness over fizzy valuations. While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards. The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors' wealth, measured as the cumulative value of all listed shares in the country, taking it to nearly Rs 260 lakh crore.
According to the report, floods (43.4 per cent) and storms (28.2 per cent) are the two most frequently occurring disasters.
Vice President Hamid Ansari on Monday held talks with Chinese President Xi Jinping and conveyed the new Indian government's interest in furthering bilateral ties, even as he flagged off India's concerns over border related issues during his parleys with the top leadership in Beijing.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Their leaders in the provinces, which have been under the control of Taliban commanders for several months now, speak the language of the bigot. Women are known to have been abducted and enslaved. Several young girls have simply disappeared.
Government has forecast annual economic growth to rise to 7.4%.
Australia on Tuesday signed a $50 billion (Rs 3.3 lakh crore) deal with France for 12 sophisticated submarines to be built by French defence major DCNS that was at the centre of a controversy this year surrounding the leak of documents relating to India's Scorpene submarines.
The British government is under increasing pressure to order an inquiry into claims that the country's security services were covertly gathering a mass of personal data from some of the world's largest Internet firms through a US spy programme.
The judgment was reserved after a marathon hearing which went on for 38 days spanning four months.
The panel was set up to suggest ways to reform India's monetary policy.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
'If the minister does not resign, then it will be the darkest incident of Indian democracy where power prevailed over the people.'
'Saying the private industry will come and transform India's space programme is real moonshine!'
'Most of the testing capacity in India is in the private sector.' 'Whether it is the established RT-PCR test for COVID-19, or it is other innovations in testing that are now coming up, all these are fully within the capabilities of the private sector.' 'Health policy should harness these capabilities,' says Ajay Shah.
'All the vaccines that are available in most countries, right now, are all highly effective and safe.'
RBI says, it cut rates as growth was not happening at ground level.
The RS allows the regulator, innovators, financial service providers and customers to conduct field tests to collect evidence on the benefits and risks of new financial innovations, while carefully monitoring and containing their risks.
If we are to realise the full potential of biologics' ability to improve people's health, it is essential to encourage public policy and support R&D.
'We will need more than 21 days of lockdown for sure.'
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
Bengaluru-based InMobi and Microsoft combine their powers to break the stranglehold of Google and Facebook in the digital advertising space.
Bharti Airtel, the country's largest mobile operator, has already joined the global Seamless Alliance to provide in-flight connectivity.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
TRAI seeks views to regulate net-based calling, messaging apps
'One way to deal with these is to address these quickly and have rapid reaction teams in New Delhi, the state capitals and wherever possible.'
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Admittedly, EVMs too have a UID number and any convergence of data can make the secret ballot system a party of history, warns Dr Gopal Krishna in the 5th part of his series against Aadhaar.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Singapore is the most favoured destination for people living in India, Indonesia, Thailand, Hong Kong and the Philippines when it comes to post-lockdown travel.
Experts warned that amendments, which would allow traceability of "unlawful content", invade personal privacy and free speech.
Fast paced growth in computer literacy and greater use of data on mobiles will help India's Internet economy grow to $200 billion or 5 per cent of the GDP by 2020.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
The high new GDP numbers are puzzling.
