Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.
Speaking at the RSS's annual Vijayadashami rally in Nagpur which was broadcast online and attended 50 swayamsevaks (volunteers) due to the COVID-19 guidelines, Bhagwat said when the Sangh says Hindustan is 'Hindu Rashtra', it does not have any political or power-centered concept in its mind.
'She's not going to keel over.' 'This is the kind of difficult situation that she thrives in.'
'... That they should emerge as role-models to be emulated by the fellow countrymen; and that the middle classes should not stick only to hate-filled and scornful criticism and condemnation against the state of affairs,' remembers Mohammad Sajjad.
'Although Narendra Modi had no direct participation in the Ayodhya agitation, he would not have been in the dominant position he is now had it not been for the Ram Janambhoomi agitation.'
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
The Right to Information should not be limited to right to know but it should empower every citizen to question those in power, Prime Minister Narendra Modi said on Friday.
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
Easing restrictions, all private hospitals were on Tuesday allowed to give the vaccines if they adhere to the laid down norms, while the 9 am to 5 pm timing was also done away with.
'By manipulating India's electoral laws, the aim of the Modi government is to weaken democracy to such an extent that it ultimately crumbles.'
Prasad said the probe by the CBI will determine whether Cambridge Analytica violated the Information Technology Act, 2000 and the Indian Penal Code.
The seventh Tibet Work Forum was held in Beijing on August 28 and 29. Delhi should be deeply concerned, at a time India faces a precarious situation in Ladakh, because the TWF also defines China's western border policies, observes Claude Arpi.
One of the urgent tasks ahead for the new government should be to improve public trust in the executive.
The development set off a slugfest, with the RSS' official twitter handle alleging that it was done to "appease jihadi elements
'Mohan Bhagwat is very upfront with his views and arguments.' 'Mohan Bhagwat is competent to deal with Modi's personality cult.'
Indian politics, held captive in one way or the other by Ayodhya, may now well seek its emancipation from this issue, and the pursuit of welfare, asserts Congress leader Salman Khurshid in this excerpt from his latest book, Sunrise over Ayodhya.
'Not only has the ire against the Congress subsided in Gujarat, but people are now coming to their senses.'
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
The agency, which looks into white collar crimes and violations of companies law, investigated more than 60 companies in this regard.
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
The bench said that there are reports coming that many areas doctors are not being paid. "We saw report that doctors went on strike. In Delhi, some doctors have not been paid for past three months. These are concerns that should have been taken care off. It should not require court intervention."
The World Cup could be targeted again next year for demonstrations in Brazil against graft and poor public services but FIFA should not be held responsible or made a scapegoat, general secretary Jerome Valcke warned on Tuesday.
While Hindware is expecting sale of its air purifiers to double this year, brands like Xiaomi, Blue Star and Daikin, too, are expecting significant rise in sales.
'We should expect a cold-blooded, transactional relation that requires a lot of engagement and mutual trust to sustain,' says Constantino Xavier, Fellow, foreign policy, Brookings India.
Refusing to be drawn into a point by point clarification of Mistry's letter, the company said: "It will be beneath the dignity of Tata Sons to engage in a public spat with regard to the several unfounded allegations appearing in his leaked confidential statement."
It is a reinforcement of the principles and forthrightness that prevails in our judicial system, which should make all of us proud of our country and its democracy.
Union Minister Ramvilas Paswan on Thursday criticised the decision taken by authorities at the Somnath temple in Gujarat to restrict entry of non-Hindus inside, sans permission, and stated that the Central government has never supported any discrimination on the basis of religion.
Key relaxations traced in final regulations.
Addressing a massive public rally to celebrate the signing of the accord on January 27 that is expected to bring lasting peace to the troubled state, Modi said now the time was to work together for peace and development of the North-East.
He said the NDA's work culture was different from that of the previous governments.
Schools in the Valley will reopen next week, Jammu and Kashmir Chief Secretary B V R Subrahmanyam said.
The danger to India's democracy is coming from recourse to mobocracy encouraged by the anti-Modi gang, argues Vivek Gumaste.
'Is the application the Press Council's voice or the government's? 'It has been reported that other members of the PCI were taken aback at the Press Council's application. 'These members need to publicly question the chairman to redeem their own positions,' says Jyoti Punwani.
Sources said that the Congress was working to move the motion on Wednesday and is in the process of filing a notice in this regard.
'Coalition governments, sometimes assumed to mean years of political instability, actually saw key institutions emerging with greater strength -- the Election Commission, the judiciary, the press, and civil society at large, among others.' 'The question now is whether the clock is being turned back in a new political phase,' asks T N Ninan.
The Congress claimed that Facebook has different rules for different countries and "that is not acceptable".
Safe or not, the global taxi giant can now track you even after you have been dropped off.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
