Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
"We can celebrate technology, but if it doesn't truly empower every Indian and every Indian organisation to achieve more...we would have achieved nothing," the Microsoft CEO said in Mumbai.
A sea of people could be seen, besides dignitaries led by Bihar Chief Minister Nitish Kumar and Union Minister Ravi Shankar Prasad, at the cremation site on the banks of the Ganges in the city that has been a witness to the Lok Janshakti Party founders long journey -- from a young MLA of the socialist party in the late 1960s to having served under six prime ministers.
A day ahead of former Congress chief Rahul Gandhi's visit to Rajasthan to raise the voice of the farmers against the farm laws, he said that the Centre should withdraw the laws and after thorough consultation with farmers and states, come up with a new set of legislations which the tillers would themselves want and is not something that is forced upon them.
'How come the BJP won even in the Muslim belt? I am 100% sure that the BJP would not win in the Muslim belt.'
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
The CM said he was proud that he was born in a country which had the "best communication system" and "best culture" in the whole world.
Privatisation is still regarded as beyond the pale but public-private partnerships have gained in popularity.
'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'
The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.
After a spike, losses on sale of diesel have fallen by nearly a rupee to Rs 2.49 per litre as international oil rates have moderated.
Former Reserve Bank of India governor Raghuram Rajan said that Rs 65,000 crore is required to help the poor affected by the coronavirus-induced lockdown. He also laid stress on the need to restart the economy while taking precautions.
The government on Wednesday put on hold a hike in LPG prices in states including Karnataka, Madhya Pradesh and Kerala, where an increase in local levies had led to a rise in fuel rates.
'Most of the measures the finance minister announced will take effect after the lockdown.' 'By that time, millions of people will be starving.'
...current industry models will soon fade out, notes Ajit Balakrishnan.
Several petitions have been filed in the apex court challenging the government's move making Aadhaar mandatory for availing benefits of various social welfare schemes.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
The proposed lockdown, sans present relaxations, will be implemented from June 19 to 30 and on two Sundays (June 21 and 28) there shall be a full scale shutdown without any relaxations.
The BJP had not filed till May the expenses statement for the Karnataka Assembly elections held last year in July.
What makes Dhankar so outspoken? Could it because as governor he will be in the driver's seat if the Trinamool Congress performs below par in the elections next year? Shikha Shalini reports.
Sheela Bhatt reports from Firozabad, the country's centre for glass bangles, on what life is like for its workers in the wake of the national lockdown.
There have been media reports that the LJP was unhappy over the return of the Hindustani Awam Morcha-Secular into the National Democratic Alliance fold and contempleting fielding candidates against JD-U nominees.
The Delhi high court on Wednesday observed that the telecast of the recording of narco analysis conducted on Aaftab Amin Poonawala, the sole accused in the Shraddha Walkar murder, will prejudice the case and restrained all news channels from displaying or playing content of the charge sheet filed in the matter.
Fuel retailers sell diesel, domestic LPG and kerosene at government controlled rates which are below market price. The loss they thus incur is made good through cash subsidy from the government and dole from upstream firms like Oil and Natural Gas Corporation.
Telecom regulator Trai on Monday said that it is working on various technologies to detect pesky calls and messages along with a joint action plan with other regulators to curb financial frauds. The Telecom Regulatory Authority of India (Trai) said that Unsolicited Commercial Communication (UCC) or pesky communication is a major source of inconvenience to the public and impinges on the privacy of individuals. "Now complaints are reported against Unregistered Telemarketers (UTMs), where a surge has been seen in pushing various kinds of UCC SMSes. Additionally, UCC calls are also one of the concerns which need to be dealt with equally along with UCC SMSes," it said.
Last-mile verification with Aadhaar-Based Biometric Authentication have the worst record among other options available to check PDS pilferage. So the Centre's insistence on that option is bewildering, says Reetika Khera.
'This four-member committee cannot supersede the four-five member ministerial committees, 25 top-level government bureaucrats, with whom we have had nine rounds of discussions each of which lasted for more than six-seven hours.'
Cereals like millets can help alleviate malnutrition and improve public health, reports Surinder Sud.
The MQ-9B predator armed drones -- 10 each for three services -- is seen to be a key part of India's national security and defense needs.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a five-year-long reform-based result-linked power distribution scheme worth Rs 3.03 lakh crore, for strengthening system of utilities to improve efficiency. Briefing after the CCEA meet here, Power and New & Renewable Energy Minister R K Singh said, "We have done a lot for power distribution reforms. It needs to be strengthened. Today, the Cabinet has approved the new scheme worth Rs 3.03 lakh crore, including Rs 97,000 crore central outlay." He said the funds would be given to power distribution companies (discoms) to strengthen their system.
'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'
Hitting the campaign trail in Assam for the first time this election, Prime Minister Dr Manmohan Singh on Saturday lambasted the Bharatiya Janata Party as a "party that divides the people and thinks through only one person."
Announcing MSP at an elevated level will not be enough. Growers must be able to procure inputs, such as quality seeds, plant nutrients and irrigation water at reasonable prices, says Kunal Bose.
Agriculture and processed food exports dropped to a five-year low of $24 billion in 2015-16.
The government's predicament is a result of its own doing: That of not ensuring adequate buy-in by the stakeholders before passage of the laws, notes Vivek Gumaste.
Bomb blasts on Thursday rocked Assam and Manipur during Independence Day functions injuring one person even as chief ministers asked extremists to abjure violence and return to the mainstream.
The Supreme Court on Friday asked the Centre to release funds for MNREGA and to pay compensation to farmers in drought-affected areas.
The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.
'The Digital Rupee will be equal to the Indian rupee in value and backed by the full faith and credit of the RBI/Indian government.'
Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman informed Parliament on Tuesday. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the bank concerned by way of write-off, she said in a reply to Rajya Sabha. "Banks write off NPAs as part of their regular exercise to clean up their balance sheet, avail tax benefit and optimise capital, in accordance with RBI guidelines and policy approved by their boards.
