While existing base rates and loans linked to it will continue, new loans will be linked to the MCLR, which is likely to be lower
In the mid-1980s, India and the US struggled to arrive at sufficient confidence for Washington to even sell a supercomputer to India for monsoon prospecting. Now, the most sensitive military technologies, data, and intelligence resources are being shared. This would not have happened without that one, big deal that changed the fundamentals of India-US relations, notes Shekhar Gupta.
From Shah Rukh Khan, who makes a cameo in the film, to Salman's gorgeous rumoured girlfriend Iulia Vantur, most of Salman's pals wanted to watch the film.
'There is a compulsion to look hard, decisive, and risk-taking; start something; and then conclude it in a way you can claim victory.' 'That is not such an easy option against China,' notes Shekhar Gupta.
Christian Michel's investigation in New Delhi has revealed nothing substantial, contrary to the expectations of the prime minister and the media hype. A fascinating excerpt from Raju Santhanam's The Untold Story of Christian Michel and Agustawestland.
Several police officers who followed the Election Commission's orders during the recent West Bengal assembly polls get punishment transfers. Payal Mohanka reports.
The parliamentary sub-committee on the rehabilitation of Jammu and Kashmir Pandit migrants has urged the state government to take concrete steps to implement prime minister's package for the rehabilitation and welfare of the Kashmiri migrants in the state.
'The travesty of recent Indian strategic thought is it emerges not from our brains, but from whatever part of the anatomy that secretes the prickliest hormones,' says Shekhar Gupta.
Arundhati Bhattacharya is a strong contender for chairperson post, after Pratip Chaudhuri retires in September.
Modi has the ideas for a new, hopeful India, and an idiom in which to sell optimism to voters. But he doesn't yet have the team for it, and soon enough, questions will begin to be asked by an impatient, non-ideological, I-don't-owe-anybody-anything generation of Indian voters, says Shekar Gupta.
The humility with which the BJP deals with these 10 lessons will determine the outcome of 2019, says Shekhar Gupta.
Arguing that the December 16 gang rape and murder was "the rarest of rare" case, the police on Wednesday demanded death for the four convicts on the ground that there is no chance of their reformation as their behaviour was barbaric.
You'd wonder what madness seized Rahul that he has decided to play to the BJP's strengths, says Shekhar Gupta.
'The Kashmir issue has become internationalised after nearly half a century.' 'India, not Pakistan, has done so pro-actively,' says Shekhar Gupta.
Amit Shah now enters an unfamiliar and interesting phase of his political career. His success or failure will henceforth be assessed based on his performance as a key minister, points out Shekhar Gupta.
Brijmohan Lall Munjal had business rivals but no enemies.
As many as 30 sub-groups and committees worked tirelessly to devise rules and laws as well as fix tax rates for over 1,200 goods and services.
The organisers of Modi's Silicon Valley event will have only a few hours to get the stage ready after the Shark Tanks' ice hockey game at the SAP Centre ends.
The so-called soil scam has left Lalu alone in the Mahagathbandhan.
Welcome to India's medical devices companies which are successfully locking horns with global giants, whether in India or abroad.
Four consecutive Tests involving the West Indies have ended in three days, notes Rajneesh Gupta.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
'As demonetisation showed us, the Shah-Modi duo can take big risks.' 'Risking economic damage for political benefit, however, is one thing, stoking old fires in complicated Assam is another', warns Shekhar Gupta.
For the moment, Siwan is once again Shahabuddin's home.
Rediff.com's Love Guru has answers to all your relationship problems.
A lowdown on what's going on in the Telugu film industry.
Rescue and relief operations continued in full swing in Chennai with over a hundred people taken to safety by teams of Army, IAF and NDRF, including a seven-month pregnant woman who was airlifted on Thursday from one of the worst-affected areas in the flooded city.
'Mahatma Gandhi, even for those on the extreme Hindu Right who believe he founded the politics of Muslim 'appeasement', is suicidal to target,' asserts Shekhar Gupta.
'Almost deified by enough Indians now, never mind his politics and, worse, economics,' says Shekhar Gupta.
'Ludicrous they might be, but they are not without threats -- much like letters that appear suddenly in homes of those opposing the government.' 'One must exercise some caution before believing in them,' says Uttaran Das Gupta.
'At this point, neither the army or the IAF has that immediate, punitive deterrent power against Pakistan.' 'Forget a three-week war; on the LoC, where the action is, Pakistan has until now fielded better infantry weapons, body armour, sniper rifles, and matching artillery' points out Shekhar Gupta.
'Stress, depression, PTSD and anxiety, especially relating to their domestic lives, are big issues for the men.' 'The men work in extremely difficult conditions, often with the fear of death looming large.'
Chief Minister Yogi Adityanath who went on a whirlwind tour of the state to ensure the victory of his party candidates, described it as a "historic win". He attributed the victory to Prime Minister Narendra Modi's vision and BJP chief Amit Shah's guidance.
'When the story of Elections 2019 is told by an independent writer, the BJP's role in lowering electoral standards will be etched in indelible ink,' says Saisuresh Sivaswamy.
'Pure, uncluttered anti-Modi-ism, however angry, can't be an ideology or an electoral alternative.' 'The best it can do for you is damage Mr Modi enough for him to finish below 200.' 'Can it enable you to cross 100 to begin with?' asks Shekhar Gupta.
'After the NRC it is proved that whatever the BJP was saying about illegal Bangladeshi migrant was a lie and Indian Muslims have their documents to prove their citizenship.'
Looking at the most touching Hindi movies inspired by true-life events.
It was never the quality of the CV that defined an incumbent's performance or legacy.
The BJP general secretary said it was untenable for them to continue in the alliance.
The note ban is Modi's make-or-break gambit for 2019. Opposition leaders see a vulnerability and won't gift pre-eminence to the Congress, says Shekhar Gupta.
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