At a time when the asset quality of state-owned banks is deteriorating, the Reserve Bank of India is also planning harsher penalties for wealthy promoters of wilful defaulters.
Bahujan Samaj Party chief Mayawati on Sunday cautioned voters that neither an Samajwadi Party-Congress alliance nor a united SP can check Bharatiya Janata Party and that only her party would render a crushing blow to Modi government by defeating the saffron party in Uttar Pradesh so that it does not take "immature" steps like the note ban.
A Delhi court on Saturday sent former Air Force Chief S P Tyagi, arrested in Rs 450 crore Agusta Westland bribery case in procurement of 12 VVIP helicopters, to police custody for four days after the CBI said he was needed to be quizzed to unearth a "very large conspiracy having international ramifications".
'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.
At first look, the reader would be aghast at the similarities in the DMK and AIADMK's manifestos, wondering if the same hand had drafted both. Yet, when it comes to drinking water and irrigation supplies, both parties are equally silent on the subject -- as if summer did not exist, as didn't water scarcity, says N Sathiya Moorthy.
The youths had earlier objected to being disciplined by the policeman Niteen Dondu Dagale.
The close-onto four years (since November 2015) Peter has spent in Arthur Road jail, central Mumbai, in judicial custody, have taken their toll, lending him a bit of a melancholy stoop, a laborious gait and a tired face, turning him prematurely into a much older man than his nearly 64 years. Vaihayasi Pande Daniel/Rediff.com reports from the Sheena Bora murder trial.
Penalties for undisclosed foreign income and assets extend up to 300%.
'One minute and 45 seconds of that clip are on Modi praising gauraksha.' 'In the last 30 seconds he speaks about violence, but says only that killing is unacceptable.' 'We don't need the prime minister to tell us that.' 'We need him to tell us why the killing is happening and what he will do to stop it,' says Aakar Patel.
In the circumstances, an independent probe alone would establish the truth, starting from Koodangulam. It is more so in the case of Marina violence, which may even at this late hour hold a candle to the events and developments in Thoothukudi, says N Sathiya Moorthy.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
'If the dimensions of the strategic partnership worked out by India and the US seem like a grand alliance targeted at you-know-who, China had better realise that it has fathered it,' says B S Raghavan, a long time observer of China.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
The governments at the Centre and in the state were unprepared to handle the massive response to the large numbers of people, as they were not aware of the groundswell of public admonition that was against the Establishment, says N Sathiyamoorthy.
The government has provided a long-term vision.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances