The Reserve Bank of India's latest order prohibiting Bajaj Finance from sanctioning and disbursing loans under its 'eCOM' and 'Insta EMI Card' products may not have serious implications on the non-banking finance company's profitability, provided the ban is lifted within six to eight weeks, analysts said. "In a surprise move, the RBI has asked Bajaj Finance to stop sanction and disbursal under two of its digital lending products. "While the move is negative, the speed of correction will be key to reinstate products," global brokerage Jefferies said in a report.
'This means the remedy will be worse than the disease. The thing which you want to avoid will happen.'
Has death penalty in the statute served as a deterrent for heinous crime?
While the Raj Bhavan had on Thursday night said it placed the unprecedented 'dismissal' order on hold, the DMK regime asserted it would pick an appropriate action plan to counter and fight the move against the minister by Ravi, even though he backtracked from it.
The Varanasi district court arrived at the decision of allowing 'puja' in a Gyanvapi mosque cellar in "haste", the All India Muslim Personal Law Board (AIMPLB) said on Friday, asserting it would pursue the matter right up to the Supreme Court.
The order came on the petition filed by Kuldeep Kumar, an Aam Aadmi Party councillor, who challenged the administration's order to postpone the polls.
The Supreme Court on Monday refused to entertain a Public Interest Litigation seeking framing of guidelines to deal with incidents of suicide committed by married men subjected to domestic violence and the constitution of a 'National Commission for Men' to safeguard their interests.
A division bench of Justices Gautam Patel and Neela Gokhale sought to know what constitutes a government business under the amended rules as it referred to the recent political developments in Maharashtra where "one party is moving to the other".
Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.
Any move of the present government to appease the Marathas may boomerang. Eknath Shinde is a worried man with the agitation not having an easy solution, notes Ramesh Menon.
The Supreme Court on Thursday reserved its verdict on the issue whether pleas related to the June 2022 Maharashtra political crisis triggered by the Shiv Sena's division be referred to a seven-judge bench for reconsideration of the 2016 Nabam Rebia judgment.
In a special sitting on a Saturday, a bench of Justices B V Nagarathna and Ujjal Bhuyan observed that there should be a sense of urgency in such cases and not a 'lackadaisical attitude' of treating the matter as any normal case and just adjourning it.
Having called as "deeply disturbing" the video of two women being paraded naked in Manipur, the Supreme Court on Tuesday said there was a long delay in registering the FIR in connection with the incident.
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
Haokip advocated giving "political and administrative recognition to the ethnic separation" in the state, upping the ante from earlier vaguely explained demands for a "separate administration" for Kuki areas made by fellow Kuki community leaders.
In its annual report on religious freedom, the USCIRF asked the US State Department to designate India as a "country of particular concern" on the status of religious freedom along with several other nations.
'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'
The state's education department told a bench of Justices Abhay S Oka and Pankaj Mithal it was constituting a committee to consider the admission of the victim child to a private CBSE-affiliated school.
With the general election campaign less than six months away, the BJP has more to think about than it had on the eve of 2019. It's the states that will be robbing BJP strategists of their sleep at this point, not the Lok Sabha, asserts Shekhar Gupta.
The 'Pesta Demokrasi' is a cause for celebration not only for Indonesia but also for democracy and forces for peace all over the globe, notes Sandeep Chakravorty, India's Ambassador to Indonesia.
The Supreme Court on Tuesday said it will commence day-to-day hearing from August 2 on a batch of petitions challenging abrogation of Article 370 of the Constitution that bestowed special status on the erstwhile state of Jammu and Kashmir.
The lowest price of the India-South Africa tickets is of Rs 900 which are being sold for around Rs 5000 in the black market.
Observing that pregnancy outside marriage is injurious and a cause of stress, the Supreme Court on Monday allowed a rape survivor to undergo medical termination of her over 27-week pregnancy.
'We like certain stocks from banking, insurance, retail, hospitals and capital goods.' 'Though some of these stocks may seem expensive, they will compound well over the long term, thus justifying their current multiples.'
The Delhi high court on Friday refused to interfere with the arrest and subsequent police remand of NewsClick founder Prabir Purkayastha and portal's human resources department head Amit Chakravarty in a case lodged under anti-terror law Unlawful Activities (Prevention) Act.
The Opposition parties need to spell out how exactly they will protect the citizen from government excess, asserts T N Ninan.
'Whatever duties I have to dispense off as a Speaker I will do the needful in accordance with the provisions of the law.'
At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.
The bench directed all the municipal corporations to file exhaustive affidavits detailing what steps it has taken on a 2018 order passed by the court to ensure that all roads are made potholes free.
'The relationship between Kashmiri Pandits and Article 370 is vexed.' 'Sentiment in Jammu towards Article 370 was largely unfavourable and Jammu resented being lumped with Kashmir and placed on a different footing from the rest of India.'
Some of them also flagged a lack of consultation before finalising the reports.
Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.
'Nobody is speaking up for Muslims today.' 'Secular parties too have calmed down because they feel this will hurt the Hindu vote (bank).' 'In this scenario, where does a Muslim go?'
'If the Kukis and Meiteis are the warring groups, then we need to find space for a third group which can mediate between the two.'
Is 2024 a done deal for the BJP? It was a done deal five years ago itself, but it did not have a guarantee.
Now, with the temple consecration, it seems to have acquired a Ramji Ki Guarantee, notes Saisuresh Sivaswamy.
The judiciary has often shied away from contesting the speaker's right or that of the legislature, but it has not always avoided taking a close look at the processes employed and arrive at conclusions that are binding on all concerned, says N Sathiya Moorthy.
'It was my first day in office, so you cannot blame me for the missing photos.' 'I had to join the office and sit on the chair at a particular mahurat time.'
'Deeply hurt by Modi's conspicuous silence for over a month-and-a-half since the outbreak of violence, people in Manipur came on the roads and crushed their radio sets to express their frustration and anger.' 'The fact that Modi's Mann Ki Baat did not have a single reference to the Manipur violence further accentuated this hurt and anger.'
'This decision to go with the BJP is Kumaraswamy's individual decision and not a party decision.'
Restoration of peace and the normal routine of daily life, compared to the past, stands out as its most significant achievement, observes Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs, four years after the abrogation of Article 370.
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