Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
'In the present era of strategic uncertainty and rapidly changing threats, no military professional now disputes the unavoidable necessity of a joint planning staff for the planning and conduct of joint operations so that integrated operations can be planned 'top down',' says Brigadier Gurmeet Kanwal (retd).
They have also urged the Obama administration to review its decision in this regard.
'It is not just about one skill anymore, so everyone needs to contribute with whatever they can.' 'It certainly puts the opposition on the defensive when you know that all eleven can bat.'
Those people without the Aadhaar number have found a loophole in the system
The two Koreas have agreed to pursue a bid to co-host the 2032 Olympic Games, they said in a joint statement on Wednesday following a summit between North Korean leader Kim Jong Un and South Korean President Moon Jae-in.
The ban restricts entry of people from Iran, North Korea, Syria, Libya, Yemen, Somalia and Venezuela.
The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
With the Centre issuing guidelines for their resumption under Unlock 4, the rapid transit networks started operations in a graded manner in Delhi-NCR, Lucknow, Kochi, Chennai, Hyderabad, Bengaluru and Ahmedabad, but were still closed in Mumbai, Nagpur, Kolkata and Jaipur.
Local favourite Alize Cornet has backed up former world number one Victoria Azarenka's call for a review of the line call regulations at the French Open, labelling a decision against her on Sunday as "shameful".
The RBI has cited corporate governance and regulatory issues for not extending Kapoor's term. Further, the lender has been directed to search for a successor.
A Russian whistleblower who helped uncover the biggest doping scandal in decades has told Reuters that the International Olympic Committee (IOC) is more concerned about protecting the organisation than ridding world sport of drugs cheats.
India's Permanent Representative to the UN Ambassador Syed Akbaruddin said they were open to innovative ideas and willing to not exercise veto as permanent members of a reformed Security Council until a decision on it has been taken.
The prime minister said a stable global economic and financial system is imperative for growth as it promotes inclusive and sustainable growth.
Facing flak, TERI's executive vice chairman R K Pachauri on Friday proceeded on leave from two other bodies -- TERI and its governing council, which also appointed former Competition Commission chief Ashok Chawla as the new chairman in an apparent damage control measure.
Media reports said the decision was mutual.
Some organisational changes are likely in some of the key army formations.
The use of video technology for the first time in an international spared a France player an early red card in their friendly against Italy on Thursday and cut down on arguing over decisions, the match referee said.
Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.
India has ranked 59th in the Rule of law index 2015 compiled by The World Justice Project gaining an overall score of 0.51 out of 1.
SpiceJet has been most affected by the grounding of 737 Max 8 aircraft as it has 12 of them in its fleet.
US would be the first market where Mercedes-Benz GLS would be available for orders and sales.
The directives will apply to both passenger and cargo planes, the Directorate General of Civil Aviation said in a statement on Wednesday.
Yerry Mina's header secured Colombia a 1-0 win over Senegal in Samara on Thursday to clinch their safe passage to the last 16 as they finished top of Group H, while Senegal missed out to Japan on a fair play tiebreaker.
The European Medicines Agency's review is the second setback to Alkem Laboratories
The new minister must commit himself to supporting long-term defence plans or else defence modernisation will continue to lag and the growing military capabilities gap with China will assume ominous proportions, warns Brigadier Gurmeet Kanwal (retd).
The public sector banks are not in a position to cut rates because of their weak balance sheets and massive portfolios of non-performing assets, says Devangshu Datta.
'This little incident might seem trivial to most people. But when such things happen in the BCCI's own backyard...'
Senior officers in the state have been ordered to immediately close their home-offices.
News of all that's transpired on and off the football field
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
The finance ministry has put out a revised draft in public domain.
The mid-life refreshed Accord comes with stylistic changes along with added features while mechanically it remains unaltered
Soon after assuming charge, J&K CM Mehbooba Mufti promised a transparent, accountable and responsive government.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad
Thanks to Rajan we are an inflation-targeting country now
'At the end of the day, we want to see maximum items out and only few items remaining in the 28 per cent slab.'