'The Modi-Shah duo won't leave the war zone without putting up a tough fight.' 'Modi's slogan for 2019 could well be, "I have done much. Give me one more chance to do even more".' '2019 will be tough for the BJP.' 'But it will be even tougher for the Opposition -- united or otherwise,' says R Rajagopalan.
It appears that the BJP government has succeeded in managing the communication of the PNB scam in a manner that its adverse impact on its electoral fortunes is largely contained
Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders
The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing
'Change is the rule of politics.'
The latest fraud is a failure of management supervision and accountability, as no bad debt was generated and no cash was involved
"Guide to looting India by Nirav Modi - - 1) Hug PM Modi 2) Be seen with him in Davos. Use that clout to: A) Steal 12,000 crore B) Slip out of the country like Mallya, while the government looks the other way," Congress chief Rahul Gandhi tweeted.
As many as 17 locations in Delhi, Mumbai, Hyderabad, Jaipur and Surat were raided by the ED.
While 41 times champions Mumbai are expected to last the distance, it will be a stern test of character for Gujarat who are in their first final in 66 years with the baggage of never winning the prestigious domestic trophy.
Providing relief to the economy from widening trade deficit on account of gold imports, the inward shipments of the metal slumped in December to 39 tonnes, Commerce Secretary Rajeev Kher said on Wednesday.
In the atmosphere created by the reaction to the PNB fraud and RBI's resolution framework, "don't lend, don't resolve" is bound to become the bankers' new mantra, says T T Ram Mohan.
Import in the first nine months of the current calendar year fell 20 per cent to 525 tonnes from 658 tonnes in the year-ago period.
Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.
Finance Minister Piyush Goyal said the instances of people running away and evading the legal process was increasing and this needed to be stopped, as the current laws do not allow fully dealing with the severity of the problem.
The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.
The agency has so far seized diamonds, gold jewellery and other precious stones worth Rs 5,716 crore in the case and summoned Modi and Choksi, the promoter of Gitanjali Gems, to appear before it on February 23 at its Mubai zonal office.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
'I am not a Hinduwadi leader, but a nationalist leader. I am a leader of every religion, every caste, every language and every class'
He also attacked Modi on the CBSE question papers leak and on the 'leak' of assembly election date for Karnataka, saying Modi was silent on these issues too.
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note.
On the intervening night of September 22-23, 2012, three Dalit youths were killed when police opened fire to disperse a violent mob to control a clash between Dalits and OBC Bharwad community members at Thangadh town in Surendranagar district.
A look at the top tweets from your favourite Bollywood celebrities.
Syed Firdaus Ashraf/Rediff.com attended the Congress president's rally in Mumbai on Friday, and explains why people who came with high hopes left disappointed.
A sightholder is a company on the Diamond Trading Company's list of authorised bulk purchasers of rough diamonds.
Round-up of the Ranji Trophy games being played in different parts of the country
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
'So you wonder, couldn't he have combined these two qualities: His love of his own voice, and his acting talents, to voice concern about the Kathua and Unnao rapes?' asks Jyoti Punwani. 'His supporters are siding with the accused in the first case, and are the accused in the second.'
Surat houses more than 650,000 powerlooms. Of this, at least 60 per cent have been shut since a month, a loss of Rs 900 crore, finds out Vinay Umarji.
The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.
The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.
Gandhi said the BJP, in power in Madhya Pradesh since 2003, is only working for a few rich people.
Dealers expect prices to fall further, owing to an impending rate hike in the US
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
'This is the first Bollywood film which is about 4 women not falling in love with the same guy.'
'Last year, Rs 20,000 crore was ripped off from the banking system.' 'The situation has deteriorated under the Modi government.'
From the Aadhaar verdict to #MeToo's arrival in the country to the entry into the Sabarimala temple -- India had a newsworthy 2018. As we step into 2019, these are the top moments from the year gone by.
Pacer Dhawal Kulkarni took five wickets as Mumbai reduced Baroda to 345 for nine on day three of the Ranji Trophy match, in Vadodra, on Saturday.
Young and in-form Baba Aparajith smashed his second first-class double hundred while Ramaswamy Prasanna scored an unbeaten half-century to guide Tamil Nadu to a formidable position against Services at the end of second day's play in the Ranji Trophy Group B match in New Delhi on Monday.
