Recpaitalising banks through taxpayers' money will not solve the NPA problem.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
'There was a time when I went without salary for about six months,' says Amod Malviya, an alumnus of IIT Kharagpur and currently CTO, Flipkart.
Sports Minister Rajyavardhan Singh Rathore says the corporate sector is very much willing to support development of sports and athletes in India but it needs to be given the assurance that the money is going in right hands.
A glance back at some important events that occurred in 2018.
The onus is on companies to put in place a vigil mechanism to detect and deter fraud.
'Breaking down silos and ensuring a more integrated governance process is just as important to performance.' 'It has been a major priority in the last six years, especially in national security,' External Affairs Minister Dr Subrahmanyam Jaishankar points out when delivering the Sardar Patel Memorial Lecture-2020: India and the Post-Covid World.
With 11 hospitals in India and three more to come up, Columbia Asia is changing some of the rules of the game
'There are many cases where a company hits the wall because of reasons not under their control.' 'If you do not understand and appreciate that and paint all promoters with the same brush then definitely you are inviting trouble.'
It is important to track what is happening in the rest of the world to be able to develop in India the best possible protection for citizens' fundamental right to privacy -- becoming for a country which prides itself on being the largest functioning democracy in the world.
'Don't waste your time in doing long pointless graduation courses.' 'Try and get into an apprenticeship or a job after Class 10 or Class 12, as there is always time to get back to academics and learn new skills.'
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
'Why doesn't the prime minister wake up to these social issues?' 'This government is basically saying rape is all right.'
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
'Assuming the official defence allocations represent the true picture, the $142 billion figure still represents a phenomenal increase and surpasses that of Japan ($42 billion), India ($40 billion), South Korea ($33 billion) and several other Asian countries put together and shows that China is flexing its military muscle.'
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Calling anyone 'Chinki', 'Chinese' or making any other derogatory remark relating to race, culture or physical appearance will land you in jail for up to five years, according to a proposal which the home ministry is considering.
Though some operators offer the facility of tag lanes, such tags can only be used at designated points.
Internet users in India is attracting cyber criminals, as these are first-timers, who can be duped easily
While Raju and Brijesh Saroj have found help from the Uttar Pradesh government as well as the Ministry of Human Resource Development, Zahid Qureshi is struggling to make ends meet.
Private firms' offer to print Aadhaar details on plastic card a breach of law
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 banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Indian economy about to take-off
Paving the way for Air India's entry into the largest global airlines' grouping, Star Alliance today unanimously decided to recommence the national carrier's integration process that was suspended in 2011.
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
Distressing as the first month of the Trump administration -- with its missteps on matters of governance, ethics and protocol -- has been, it has been a comic opera of buffoons by comparison to the horrors that await us, fears Rahul Jacob.
Big ticket defence deals including purchase of missile systems, frigates and joint production of helicopters were sealed on Saturday.
The clean-up process begun by the Reserve Bank of India runs the risk of spiralling out of control.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
'If the future of the nation is lying on the streets, the future of India looks bleak.'
Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.
The 25-year-old telecom engineer from Lahore says his employer had 'no idea' of his secret cyber life and his recent exploits.
Congress President Sonia Gandhi on Wednesday released the party's manifesto and claimed that the party will perform well in the forthcoming Lok Sabha polls.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
Govt must take few steps to improve business environment.
Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.
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