'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
Fires are still burning at the site of the two massive explosions some 36 hours after the blasts as another 6,200 people were evacuated to prevent further casualties.
Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.
'The DGCA, the ministry of civil aviation, Air India, the Airports Authority, all of them together form what I call an organised syndicate' 'In India, it is a fashion to blame the pilot because then nobody asks questions about the incompetence and grave negligence of this State-run syndicate.'
The road network will stretch from Gujarat to Mizoram.
A round-up of our favourite photographs from the week gone by.
Rising tensions over eating beef in Hindu-majority India are starting to hit the multi-billion dollar buffalo meat trade.
'We keep saying that we have a very close historical, cultural, linguistic and religious affinity with Nepal. Then why be so insensitive that we cannot find time to talk to them for more than 5-6 months'
Despite presiding over scores of factories in what is today India's largest garment exporter with 105,000 employees, Ahuja is a modest man with much to be immodest about. He tells Rahul Jacob that the government needs a free trade agreement with Europe fast to ensure a level-playing field with Bangladesh and Vietnam.
Prime Minister Narendra Modi on Wednesday called for a "four-coloured" revolution signifying the colours of the Indian tricolour in the area of power and agriculture, marine sector and milk production to take the country forward.
With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.
'New Delhi and Washington are now on the same page, on dealing with growing Chinese assertiveness, across the entire Indo-Pacific region,' notes Ambassador G Parthasarathy, Chancellor, Central University of Jammu.
To counter the doubts over the machine's reliability, the Election Commission has come out with a list of FAQs to put across its views in public domain.
If India is to follow a smart cultural diplomacy, it has unmatched advantages over both China and Pakistan, says Colonel Anil A Athale (retd).
The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.
According to the SRC, the evacuation of eight lakh people is the largest-ever evacuation operation in the country.
Armed with green nod and fund infusion, Gujarat govt getting ready to issue tenders to build infrastructure at the mega investment region
The India Meteorological Department said rainfall would be accompanied by gale wind speed reaching 140 to 150 kmph and gusting to 165 kmph along and off Odisha and north Andhra Pradesh coasts.
It pointed out that farm loan waivers, combined with a potential stimulus which the government is mulling now, can result in a 1 percentage point slippage in fiscal deficit
Infrastructure ministries asked to quickly resolve issues.
More than 1,85,000 homes were damaged and 9,000 destroyed as 42,000 people remain in shelters amid overflowing rivers and reservoirs, Texas officials said.
This is for the first time in several years a news report has surfaced about the hiding location of the Al-Qaeda chief, who is Osama bin Laden's mentor and successor.
The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from its usual policy of going along with the crowd.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
He was merely responding to the changing currents in the region, which, unfortunately, are not favourable to the Palestinians, says P R Kumaraswamy.
'Joko's re-election bid has been as tough as Modi's.' 'But in a curious reversal of roles, what Joko faced was a platform somewhat akin to Modi has chosen for himself to woo voters,' notes Ambassador M K Bhadrakumar.
'Despite the current tension at Doklam and the risk of escalation on the Himalayan land frontier, it is the Indian Ocean we need to worry about more,' says Nitin Pai.
The new regulations leave registration capital requirements for wholly foreign-owned banks unchanged
India, along with 23 other countries, is participating in a major Indian Ocean-wide mock tsunami drill on September 9 and 10 that is aimed at testing the Indian Ocean Tsunami Warning and Mitigation System.
The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.
'Given the present force levels, India cannot fight and win.' 'India can't hope to terminate the conflict on India's terms and impose the nation's will upon the adversaries,' says Brigadier Gurmeet Kanwal (retd).
'The creation of Pakistan was integral to Britain's grand strategy.' 'If they were to ever leave India, Britain's military planners had made it clear that they needed to retain a foothold in the NWFP and Baluchistan because that would provide the means to retain control of Iran, Iraq, Kuwait, the UAE, Bahrain and Qatar.'
'Kids like something when it is interesting, focused, and offers scope for self-exploration.' 'We teach them how to learn, not force them,' Byju Raveendran tells Bibhu Ranjan Mishra.
Why did such a 'socially conscientious' people adapt to cash-for-votes and the like, as fish to water? N Sathiya Moorthy offers an explanation.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
On the sixth anniversary of the Mumbai terror attacks, the government said the overall coastal and maritime security along the entire coast is 'much stronger than before' as several steps have been taken in this direction.
Majlis-e-Ittehadul Muslimeen, a strong political stakeholder in Hyderabad, has expressed apprehensions that the central government was contemplating giving the city the status of an Union Territory while creating Telangana state and warned that the party will fight tooth and nail against any such move.
Kanimozhi told reporters that the Palaniswami-led government has become 'bloodthirsty' and the chief minister should be held responsible for the incident.
Hua also said China is ready to hold talks with India to resolve differences on CPEC.
'If the nub of India's sensitivity over the Chinese presence in Doklam is the enhanced threat to the Siliguri Corridor, a vital link to the northeast, does it serve the national purpose to have the districts along it, and then much of the tribal northeast, in turmoil?' asks Shekhar Gupta.
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