The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
'Without appropriate supervisory constraints in place, banks are in a position to delay the recognition of losses and engage in ever-greening or zombie lending, which is essentially the rolling over of debts of unviable borrowers that would have otherwise defaulted,' points out RBI Deputy Governor Viral Acharya.
Signaling a growing clout of Indian blue chip banking scrips among foreign investors, HDFC Bank has joined ICICI Bank in the top five Sensex scrips held by foreign institutional investors
Tanay Aggarwal who is currently pursuing his post graduation in management from the National Institute of Industrial Engineering (NITIE), Powai tells us how he secured 99.80 in the Common Admission Test last year.
'I've always wanted to be a pilot; setting records is the icing on the cake.'
'The young generation doesn't want to work with old hats like me.' 'They don't understand that we are brighter and wiser because of our experience.' 'We can take them on the right path, but they should keep their ears open.'
It took Gour Hari Das three decades to wrangle out a certificate recognising his work as a freedom fighter. His struggle is now the subject of a film
The combativeness reflects her insistence not to meekly acquiesce to what has been going on in Raisina Hill for years or decades, observes Kartikeya Tanna.
Questioning the bullet train in view of the investment needed in Indian Railways is similar to saying that India needed to invest in primary education rather than in IITs, says Shreekant Sambrani.
Organiser, the Rashtriya Swayamsevak Sangh's organ, has alleged that prestigious institutes like Indian Institute of Technology were being turned into places for "anti-India and anti-Hindu" activities.
Protests were held in many cities across the country. So far, no one has been arrested for the attack on students and teachers at JNU even as clamour for resignation of the V-C grew.
About Rs 15 lakh crore of high-value notes were scrapped, against which RBI has managed to supply roughly Rs 4 lakh crore worth of notes in the market so far, Anup Roy/Business Standard reports from Mumbai.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
The superintendent of Taloja jail has just been transferred. Does that signal a more human phase in prison for the Bhima Koregaon accused? asks Jyoti Punwani.
Modi is seen as exceptional not only on account of his acts but also owing to his style. He appears to sacrifice his life for the people -- like a fakir, a figure he came to epitomize even more in 2020 by growing a long white beard. Charisma is above accountability, and Modi has grasped these dynamics.
You cannot sow today and reap tomorrow.
Candidates appearing for the exam in Kolkata were seen standing in queues while abiding by the social distancing norms.
'We try to pick up stocks early and hold onto them for the long term.' 'We are not someone who buys and sells on a daily basis.'
In his first attempt, Chirag Jha, a BTech student from the IIT-Bombay scored a perfect 100 in the CAT 2015 results declared earlier this year.
UPSC toppers -- Ira Singhal, Nidhi Gupta, Vandana Rao and Suharsha Bhagat -- tell Rediff.com how they cracked the tough national exam.
Ajit Balakrishnan offers a thinking man's guide to the angst of the professions.
Across the world, middle class families are dealing with the consequences of competition to get into high-quality institutions.
Sarvesh Agrawal tells Shobha Warrier about how he built a start-up "of the interns, by the interns and for the interns."
How bridge keeps corporate India sharp and quick-witted.
'India today has to fight many a battle, all of which cry out for innovation. This is where the experience of the Diaspora could be the most productive well-spring.'
The HRD ministry is preparing a point-by-point rebuttal on charges that include infringing on the autonomy of higher educational institutions and a cut in the education budget.
The announcement comes two days ahead of the proposed historic launch of the ISRO's 100th satellite along with 30 others in a single mission from Sriharikota.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
In the '80s after Xerxes Desai, moved to Bengaluru and spent the initial days on building Titan from a factory in Hosur.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
Observing that the Brihanmumbai Municipal Corporation is conducting repair work of potholes in the city in an ad hoc manner, the Bombay high court on Friday said the civic body seems to be using sub-standard material due to which potholes keep cropping up.
The former McKinsey India head is presently on board of many big Indian conglomerates.
Chingari, Roposo, Khabri and Trell are seeing huge traction as people are looking at options to earn incentives from home. Music streaming app Gaana, which is strongly placed in the market with 150 million users, recently opened up its short video platform for subscribers.
Two technocrats, two hard-boiled politicians are India's new Cabinet ministers...
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
Create a practical study plan. Read the questions cautiously. Use method of elimination.
At present there is virtually no dialog between votaries of different various versions of economic democracy.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
50 years ago, on April 1, 1968, Tata Consultancy Services -- now India's leading IT company -- was born. The foundation for TCS was laid by Faqir Chand Kohli whose life touched directly or indirectly many, many, Indians, says Shivanand Kanavi.
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