The Bank Nifty is high beta anyhow and it could move the broader market.
The banks argue since the scale of credits is unforeseen, they will have to bear an unknown cost of servicing these accounts.
Limited IT staff may compel them to focus on big fish than small depositors.
The decision of the government to amend the Hindu Marriage Act has come under fire from men's rights organisations.
He said the short term macroeconomic priorities of the RBI continue to focus on bringing down inflation towards the government-set target of 4 per cent
'This government wants to keep control of everything in its hands.' 'If they have their stooges sitting on the National Medical Commission, they will do only the government's bidding.' 'Imagine a scary situation where people who have no knowledge about medicine sit on a commission that will take decisions on matters related to medical education, doctors and medical ethics.'
Budget is likely to focus on infrastructure creation in the N-E
Opposition members trooped into the Well, resorting to high-decibel sloganeering.
The Bill could be referred to the Parliamentary Committee for scrutiny
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
'If Modi is talking to every Tom, Dick and Harry, why is he afraid of talking to ex-servicemen?'
'The CAA should be kept in abeyance, without making it a prestige issue.'
'Laying down a clear policy on the future of illegal migrants will dispel anxieties and help in implementing the CAA, NPR and also the NCR,' suggests former Union home secretary Dr Madhav Godbole.
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.
'I would personally like to see Rahul Gandhi continue as party president.' 'I genuinely believe he has far more to offer to the party still, particularly in leading us in these challenging times that we find ourselves in.'
Modi will reach Bangladesh capital of Dhaka on Saturday morning.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
'We have not seen even during Vajpayee's time what Modi and the BJP has adopted now.'
Falling jet fuel prices and a revival in domestic traffic growth offer the new CMD a once in a lifetime opportunity.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
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A 20-year old tribal woman was allegedly gang-raped at Labhpur in Birbhum district by 13 persons, as they were against her affair with a man from a different community.
The US wants its trade with India to grow multi-fold, Assistant Secretary of State for South and Central Asia Nisha Desai Biswal told lawmakers.
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
The Internet is too important to let a few private telecom players decide what the rules will be for consumers, says Rajeev Chandrasekhar, independent member of Parliament who was one of the key petitioners seeking the scrapping of Section 66A of the Information Technology Act.
Gurbax Singh Dhindsa, father of Kargil war martyr GS Dhindsa, in a letter to the PM and defence minister underlining the fact that military personnel have little recourse to justice in higher courts.
Mr Rahul Gandhi himself has given seven different prices in different speeches with regard to the Rafale, that is the 2007 offer.
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
Chartered accountant and commentator M R Venkatesh on why the GST Bill will cost the BJP dear.
Piloting the Specified Bank Notes (Cessation of Liabilities) Bill, Finance Minister Arun Jaitley said it will extinguish the government's liability towards scrapped notes and also eliminate the possibility of their bring used as parallel currency.
In July, IRS officers in Mumbai held an incendiary meeting where they criticised the alleged interference in 'operational matters' by the department of revenue.
A strong proponent of the GST, Adi Godrej has been saying for five years or more that it will add one per cent to India's gross domestic product (GDP).
The 5-day political stand-off between the Pakistan government and anti-Sharif protestors intensified on Monday as efforts by the ruling PML-N to reach out to Opposition leader Imran Khan and cleric Tahir-ul Qadri failed with both the leaders remaining adamant on the ouster of the embattled prime minister.
Relying on the private sector to undertake infrastructure investment may not be a realistic proposition.
India is Asia's other bad debt headache.
Candle light vigils, prayer meetings, street plays and a series of other events on Tuesday marked two years of the brutal gang rape of a 23-year-old girl in a moving bus in the city that had triggered widespread nation-wide outrage forcing the government to enact stricter laws against sexual assault.
The State must stand as a solid tower of confidence to provide a guarantee of safety to its citizens and instill fear in the hearts of offenders. But where is that State, asks Tarun Vijay
Real estate biggies expcet single window clearance for upcoming projects.
'It is impossible for a decent man to live in Kairana town.' 'Any man who is not able to pay extortion money has left Kairana.' 'The people involved in this extortion want it to become a Hindu-Muslim problem.' 'The intention in Kashmir was that if Pandits leave Kashmir, all the property left behind will go to Muslims. The intention is the same in Kairana,'
