'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Pulbic banks have no reason to cheer Budget announcement.
Higher provisioning drags net profit down by 7.8 per cent.
'Being authoritative is one thing -- Nehru was that -- but being authoritarian is quite another -- the current prime minister is clearly one.'
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Governor Rajan can be more unambiguously pro-growth.
SBI remains a favourite of most brokerages in the PSB segment.
There is a link between objectives and commitments.
Private consumption is looking up and will get better as the full effect of the good monsoon is felt on rural income, and the effect of the payout from the Seventh Pay Commission is felt on urban income, say Anis Chakravarty & Rishi Shah.
For the CBI, crimes are likely to become more innovative, complex, driven increasingly by technology and transcending geographical boundaries, says Anil Kumar Sinha.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
The parlous state of Asia's third largest economy was reflected in the rupee's 18 per cent plunge against the dollar to all time lows since May, when signals emerged that the US Federal Reserve was considering winding down an easy money strategy that had benefitted emerging markets like India.
Banks are in need of government support to manage the stressed assets
'There are many cases where a company hits the wall because of reasons not under their control.' 'If you do not understand and appreciate that and paint all promoters with the same brush then definitely you are inviting trouble.'
'To bring about a paradigm shift in farmers's income, we need to change our approach to agriculture, and transit from the narrow prism of cultivation to a full-fledged enterprise, by building all associated supply chain linkages.' 'This alone will make the farmer an entrepreneur in his own right.'
Single window clearances for realty must.
The government has provided a long-term vision.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
'I hope the anger that Gujarat farmers have demonstrated is also reflected in other parts of the country in ensuing elections.' 'Only then will the ruling parties accept that something is terribly going wrong in the hinterland.'
