Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
BJP chief Amit Shah said that the government has brought the country out of policy paralysis.
If elected president, the Republican nominee said he would declare China a currency manipulator, cancel payments to United Nations for combating climate change and renegotiating NAFTA.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
A summary of sports events and sports persons, who made news on Wednesday
Prime Minister Narendra Modi's idea of cooperative federalism is expected to be on display in the 2015-16 Budget.
Kenneth Rogoff, professor of public policy and economics at the Harvard University, tells Dilasha Seth on the sidelines of the Delhi Economics Conclave that public sector banks will need to take a one-time haircut to address non-performing assets.
Three months after she was arrested and charged with visa fraud before being freed on a bail bond, Indian diplomat Devyani Khobragade's motion to dismiss the government's indictment on the ground of her diplomatic immunity was granted Wednesday by a Federal Judge in Manhattan.
Ahead of the Parliament session, Prime Minister Narendra Modi on Wednesday reached out to parties appealing them not to come in the way of prosperity of farmers, saying the deadlock over the land acquisition bill is seriously impacting rural development.
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
Tightening the noose around whistleblower IAS officer Ashok Khemka, Haryana government is preparing a second charge sheet against him for alleged low sale of wheat seeds during his tenure in Haryana Seed Development Corporation as its managing director from October 15, 2012 to April 4 this year.
The National Security Guards, which protects the most ulnerable' VVIPs of the country, has decided to stop taking any more protectees under its elite 'black cat' commando security cover.
At the core of the issue is the national capital's unique status of a Union Territory that is administered by both the Centre and the government of the National Capital Territory of Delhi.
'It's hard to call whether the Indian markets will go through a time or price correction.' 'There could be a swift 5 to 10 per cent fall in the market in the next two months or there could be a gradual fall and six months sideway movement.' 'Eventually, I think there will be a bit of both.'
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
Bankers say loan demand was more muted this festival season than last year.
The chief of America's Federal Communications Commission is not a fan of net neutrality. So what's his vision of communications and digital policy in these times?
when the Maharashtra delegation of small and medium businesses arrived in the US on October 9, the Indian consulate decided against holding a standard reception replete with boilerplate speeches. Rather, the consulate put together a programme that would increase the chances of things working out for them. They held an event on Lex Terrae (law of the land).
The high voltage elections of the Rajasthan Cricket Association (RCA) have been scheduled for December 19 even as uncertainty prevails over former IPL Commissioner Lalit Modi's participations in the poll.
Harold Mayne-Nicholls, who led the teams which inspected bids to host the 2018 and 2022 World Cups, has been banned from all football for seven years.
AMU has once again been pulled into a crossfire of crass political opportunism. In these post-truth times, that the university also had political stirrings not subscribing to the Muslim League is chosen to be forgotten, says Mohammad Sajjad.
The Society of Asian American Scientists in Cancer Research last month presented awards to seven doctors for their outstanding contributions to cancer research. The awards were presented by Rajvir Dahiya, SAASCR president, San Diego, California on April 6.
Narendra Modi's positive engagement with Barack Obama has well and truly washed away the doubts and slights of the past.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
Make in India right now is just a slogan. The policy content is missing or not clearly articulated. The lion with cogs and wheels must now show some majestic movement forward, says Rahul Khullar.
A summary of sports events and sports persons, who made news on Tuesday
A summary of the matches from Day 9 at the French Open.
A $28,500 deposit was made to the account of slain gunman Syed Farook, a media report has said.
The Ficci survey, which covered 276 units, also revealed that those expecting a fall in their production decreased to 16 per cent in the second quarter from 26 per cent in the first quarter.
Defiant employees from multiple US government agencies are fighting the Trump administration's gag orders on climate change and penchant for "alt facts" with rogue Twitter accounts.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
Slow pace of reforms in India is disappointing: Faber
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
Indian-origin Dr Vivek H Murthy expresses his reservations on marijuana, now legalised in two US states
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
The number of cases being admitted and investigated by the Competition Commission of India has fallen drastically in recent years.
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