President Gotabaya Rajapaksa on Monday fired Basil Rajapaksa from his post and invited the Opposition parties to join a unity Cabinet to tackle the raging public anger against the hardships caused by the economic crisis.
'There is fear that the president and prime minister are dragging their feet and won't resign.'
The currency market won't care for our moans, groans, cries and sighs. The rupee will find its own level, explains Tamal Bandyopadhyay.
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
'When I contracted COVID and was extremely unwell, I almost thought I was not going to make it.' 'But this man (Karan Johar) was like family for us in Bombay. He would send doctors for me, made sure my medication was done correctly and made sure I came out of COVID.'
The Government also defended the President's decision to enforce a state of emergency, that had given him sweeping authority to act in the interests of public security and preserving public order, including suspending any laws, authorising detentions and seizing property, saying it was declared after attempts were made to attack the President's Office and other public property.
Many banks' profits will take a hit and a few of them could even end up being in the red because of treasury losses, triggered by a sudden spike in government bond yields in the rising interest rate cycle, notes Tamal Bandyopadhyay.
The government's poor handling of the economic crisis where people currently endure long hours of power outages and scarcity of essentials has angered the public which planned country-wide protests on Sunday.
A senior politician Naidu respected once tried to convince the firebrand student leader to quit the Jana Sangh.
The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.
'It would have been easy to play Danny like a bad guy, but then, at the end, the audience might well have said, "Why is Latika still stuck with this ass**** when he is giving her so much grief?"'
In its scheme of things, tackling inflation now comes ahead of ensuring growth in the world's sixth largest economy, points out Tamal Bandyopadhyay.
'The burden of the BJP's song is not development and delivery.' 'It is communalism,' argues Aakar Patel.
The launch of Jana Sena party by Union minister Chiranjeevi's brother and Telugu movie star Pawan Kalyan may alter political equations in Andhra Pradesh, more particularly in coastal Andhra and Rayalaseema regions, days ahead of elections to Lok Sabha and the state assembly.
Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay.
Modi credited Advani for "selflessly and diligently" building the BJP and "wonderfully" mentoring its workers.
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.
The Merseysiders fell behind to a Raul Jimenez goal on the break in the 38th minute, the Mexican firing home confidently after Diogo Jota robbed James Milner.
The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.
We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay.
Mahinda Rajapaksa, along with his wife and family, fled his official residence -- Temple Trees -- and took shelter at the naval base in Trincomalee.
Hitting back at the Shiv Sena, Maharashtra Bharatiya Janata Party leader Devendra Fadnavis on Monday said the Uddhav Thackeray-led outfit's Hindutva is merely on paper and finds mention just in speeches, while it was his party men who faced bullets and lathis during the Ram Janmabhoomi movement.
The sweet chemistry between Rajkummar Rao and Dayana Erappa is breaking the Internet, and everyone wants to know who the lovely lady is!
'Though the RSS honours Sardar Patel, who actually banned it, the real hero in the story of its rise is Jayaprakash Narayan,' says Vir Sanghvi.
Jyotiraditya lost out on the chance to be among the youngest chief ministers of Madhya Pradesh, as Kamal Nath, 72, was picked for the top job in the state.
'Since 2017, the chief minister and the RSS seem to have come closer.' 'This relationship's warmth is more from the RSS's side.'
As a five year old, Neil Nayyar learnt to play the drums. Today, at 14, he has mastered 107 instruments.
IIM Lucknow has concluded its 2020-21 final placements.
Her visit comes a day after Congress leader Priyanka Gandhi campaigned at Wayanad for her brother and Congress chief Rahul Gandhi.
Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.
Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion from IPOs.
With the rise in interest rates, bond yields have been on the rise; this will dent banks' treasury profits. Also, many retail borrowers may find it difficult to service their loans when the loan rates rise, points out Tamal Bandyopadhyay.
Jana Novotna was a true winner but it was the misfortune of the brilliant Czech, who died on Monday aged 49, to always be recalled for one of sport's most famous and heart-rending meltdowns despite her collection of 100 tennis titles.
If AAP dominates both state and local elections, the move for unification may become the illness for the BJP instead of the medicine it was supposed to have been.
But there are challenges, observes Tamal Bandyopadhyay.
Information Commissioner Sridhar Acharyulu said it was surprising to know that on these national aspects, the Central Public Information Officers of all high offices simply passed it on to the others "without application of mind".
The mega-star had been self-isolating at his farmhouse on the outskirts of Chennai ahead of the announcement of his political party on December 31.
Sex workers in Kolkata's largest red light area Sonagachi have been asked by an NGO, working for their welfare, not to entertain Africans who are regular visitors to the place in the wake of the Ebola outbreak in West Africa.
Former prime minister Atal Bihari Vajpayee was on Sunday conferred Award of Bangladesh Liberation War Honour for his "active role" in the country's independence struggle and consolidating India's friendship with the nation.
There seems to be no "closure" for B S Yediyurappa, the Bharatiya Janata Party's "comeback man" in Karnataka, as he could never complete a full term in office, despite becoming the chief minister four times, surmounting odds. It's also too early to write a political obituary of the 78-year old Lingayat strongman and the 24X7 politician, the face of the party in the state for decades.
