Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.
The Bill provides comprehensive legislation to prohibit unregulated deposits, with punishment for those promoting such schemes or defaulting on repayment.
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
ONGC was the top performer while private banking major ICICI Bank extended gains
While moving towards the new technology is compelling and inevitable, powering 5G would also mean massive initial investments for telcos, says Surajeet Das Gupta.
Did you know that the Government of India has granted certain tax exemptions to start-ups for a prescribed period?
Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.
With over 135 news channels, about a third owned by politicians and real estate guys, the news TV market is a nightmare, says Vanita Kohli-Khandekar.
The marketplace was simply not conducive to the extension and evolution of broadband networks, particularly for less dense rural markets, so connectivity and services suffered.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
In return, BSNL should be allotted 1.2 MHz in the 1800-MHz band in each circle, subject to some conditions.
Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.
The regulator has made it mandatory for insurers to have a minimum percentage of motor third-party business underwritten.
'In FY21, as of October, LIC has booked a profit of Rs 18,800 crore through sale of equities.'
The GST to be implemented from April 1, 2016, will increase the premiums.
The six are English dailies the Hindustan Times, The Hindu and The Telegraph; their sister publications The Hindustan and The Hindu Tamil; and Ananda Bazar Patrika.
Last year, FDI cap in insurance was hiked to 49%
Capital markets regulator, I-T department suspect tax evasion and market manipulation
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
'The real estate sector has been badly bruised because it has become too reliant on funding from NBFCs, including housing finance companies. 'When the NBFC industry was rocked late last year by a large default, the real estate sector was hit hard. 'An intricate web of links between rural incomes, construction activity and shadow banks are fuelling the economic slowdown', says Pranjul Bhandari.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
Loans make money for the lender in the initial years but losses come later when they turn bad.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
To reduce time taken for product approvals, Irda has asked life insurers for a product planner before every financial year.
Talk of a blackout by other news channels in solidarity remained inconclusive because of the heavy news agenda on that day.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Govt wants to up investment in Railways
Retirement blues can sometimes result in actions that are dysfunctional, notes Ajit Balakrishnan.
The behaviour of the foreign institutional investors is gauged from the numbers put out by the exchanges and regulators.
Ashish Mehrotra, MD and CEO, Max Bupa Health Insurance, explains the changes we can expect in health insurance this year.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.
Sensex lacklustre, bluechips in focus.
Ajit Balakrishnan recalls some lessons from the last time people talked of 'convergence' -- the mid-1990s.
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