Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The 30-share Sensex ended down 215 points at 27,011.
While the benefits offered by the new-generation products are alluring, choose a plan that offers features you may actually need in the future
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Banking as we know it will stand on its head in the next 10 years.
Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.
'We had a great product for the global market and we could sell it globally resulting in this amazing growth.' 'When customers come online and buy a product, they don't look at whether it is created in India or somewhere else.'
Banks cannot shirk their responsibility in cases of frauds.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
'Modi and Abe are working seriously for India-Japan bonhomie to grow stronger.' 'It is a win-win situation for both countries and the future look promising,' says Rajaram Panda, the Indian Council for Cultural Relations India Chair Visiting Professor at Reitaku University, Japan.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
Road Transport Minister Nitin Gadkari known for promoting innovative ideas in transportation, created a stir some time back when he pitched for 100 per cent electric mobility by 2030. In an interview with Megha Manchanda & Jyoti Mukul, he talks about the Central Road and Infrastructure Fund (CRIF) and electric vehicles.
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
'The threat that India faces and the threat the United States faces is not just to the homeland, but to our people and to our institutions wherever they may be.' In an exclusive conversation with Aziz Haniffa/Rediff.com, US Assistant Secretary of State Nisha Desai Biswal outlines the importance of Prime Minister Modi's visit for America.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Hemlatha Annamalai and P Bala's Ampere Vehicles makes e-vehicles in Coimbatore.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
India is also exploring that way but the strength of the Indian economy was such that not even one bank was threatened, not even one insurance company was threatened, and we were able to withstand the shocks.
The government has changed arbitration laws, amended some 'provisions' of the Companies Act.
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
R-Cap's demands following PwC's audit report add a fresh layer of worries for MCX investors and could hit valuations marginally.
India needs to tread cautiously on the growth path.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Data used for the graph and cited elsewhere in the column were obtained from various publications of the RBI.
The Nobel follows a line of mighty brands that have bent low to kiss the feet of the popular, says Itu Chaudhuri.
Stocks of companies having operations and exports to Europe were the top losers.
IDS-2 and raids to uncover black money stash keep receipts flowing
Why is the government ignoring the advice of its own Economic Survey?
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
But experts say downside limited, pockets of opportunities for investors
Most top industrialists rate PM's first 100 days in office as 'good', primarily due to his intentions, not concrete policy measures.
The ecosystems of India and China today jostle against one another across Asia and much of the world.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
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SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.
Dr Swarnim Wagle, the official behind Nepal's reconstruction strategy, speaks to Patrick Ward.
Furthering Indo-US cooperation on terrorism, Prime Minister Narendra Modi and President Barack Obama on Tuesday agreed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks like Lashkar-e-Tayib, Jaish-e-Mohammad, Dawood-company, Al Qaeda and the Haqqani network.
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