The farm loan waiver scheme may not trigger a tendency among farmers to default intentionally, Amarendra Sahoo, chief general manager, rural planning and credit department, Reserve Bank of India, said on Thursday.
'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.'
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Reader Sanjay Sahoo sent us these pictures from Jamaica.
The Central Bureau of Investigation (CBI) has set up four teams, each headed by joint directors Ramnish, Anurag, Vineet Vinayak and Sampat Meena, to probe the political violence which ensued after the victory of the Trinamool Congress (TMC) on May 2 in a bitterly fought eight-phase assembly poll in West Bengal.
The state government in its special leave petition alleged that it did not expect fair and just investigation by the central agency which is busy foisting cases against the functionaries of ruling Trinamool Congress Party.
Prime Minister Narendra Modi will unfurl the national flag from the ramparts of the Red Fort on Sunday to celebrate the country's 75th Independence Day and two Mi-17 1V helicopters of the Indian Air Force (IAF) will shower flower petals at the venue for the first time ever.
The ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo, a former director with the Securities and Exchange Board of India.
On the directions of Chief Minister Raman Singh, the government has constituted a team of specialist doctors to probe the deaths that occurred on Sunday at Dr B R Ambedkar Memorial Hospital.
After his previous visit, the Sensex crashed and it took four painful years to top the 21,000 mark.
The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs.
Experts say this further underlines the lack of investor interest in stressed assets at present.
Senior advocate Kapil Sibal, appearing for the state government, pointed to the members of the committee that has been formed to investigate the incidents and said, "Can you imagine these people have been appointed to collect the data? Is this a BJP investigating committee my Lords?"
Veteran doctor and educationist from Karnataka Belle Monappa Hegde and archaeology legend B B Lal were also given the Padma Vibhushan awards.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The total admitted claim of financial creditors of these 88 companies stood at Rs 1.3 trillion, of which they recovered Rs 65,635 crore.
Biplab Samantray took three wickets as pacers put Odisha on top against Vidarbha on the opening day of their Group B Ranji Trophy match at the DRIEMS Ground in Cuttack on Saturday.
Odisha government on Tuesday transferred Puri SP, A N Sinha, under fire from the Opposition and women's organisations for failing to register complaints in connection with the Pipili gangrape case.
SL Akshay and Vinay Kumar shared seven wickets between them as Karnataka bundled out Orissa for just 202 on the opening day of their Ranji Trophy Group B match in Bangalore.
The alleged mastermind of the Nandigram violence of 2007, Lakshman Seth, arrested from a Mumbai guest house last Saturday, was produced on Tuesday in a court at Haldia which remanded him to three days' CID custody.
Jet already has $300 mn of ECB.
Senior advocate Kapil Sibal, appearing for the state, told a bench comprising Justices Vineet Saran and Aniruddha Bose that whenever there is an allegation that a probe is not being carried fairly, the court takes the facts into account and then transfers the case to CBI after a prima facie conclusion.
Children's plans contribute close to 10 per cent to the total premium collected through the 50-odd life insurance products across the country.
Deputy Superintendent of Police Ramaswamy Parthasarathy, who arrested Chidambaram in the INX Media case last year, has been conferred with the President's Police Medal for Distinguished Service.
Sahoo panel suggests India must ease global borrwoging norms for corporate houses.
The Securities and Exchange Board of India (Sebi) has allowed Price Waterhouse to cross-examine some of the entities involved in the Satyam scam. The capital market regulator has, however, refused permission to cross-examine the erstwhile top brass of Satyam, including Ramalinga Raju (former chairman) and Vadlamani Srinivas (former senior vice-president & CFO).
While there are still some months left before two of the three members retire, the industry is already abuzz with talk that they might get an extension.
Prime Minister Narendra Modi on Saturday said the target date for achieving 20 per cent ethanol-blending with petrol has been advanced by five years to 2025 to cut pollution and reduce import dependence.
Veteran Sunil Joshi spun a web around Orissa batsmen, taking five for 35 to restrict the visitors to 191 on the first day of their Ranji Trophy Super League match at the M Chinnaswamy Stadium, in Bangalore on Wednesday.
Tiruvarur is one of the worst-hit districts in the Cauvery delta region of Tamil Nadu due to severe cyclonic storm Gaja in November, 2018.
Observing that there are "definite and proved" allegations that complaints of the victims of violence in the aftermath of the West Bengal assembly polls were not even registered, the Calcutta high court on Thursday ordered a Central Bureau of Investigation probe into all alleged cases of heinous crimes like rape and murder, while accepting the recommendations of a National Human Rights Commission panel.
In order to boost micro, small and medium enterprises, the Reserve Bank of India has directed all banks to provide 60 per cent credit to micro units out of the total loans extended to micro and small units.
Market regulator Securities and Exchange Board of India is expected to notify the provisions of investor group protection scheme within a month, a Sebi member said in Ahmedabad on Saturday.
Readers share their unusual summer pics. You can share yours too!
Top seed Rushmi Chakravarthi of India bagged the doubles crown partnering Poojashree Venkatesha and later stormed into the singles final in the Federal Bank ITF Women's Tennis tournament in Angamaly (Kerala) on Friday.
President Ram Nath Kovind presented Padma awards to 73 individuals, some posthumously, at a ceremony held in the Rashtrapati Bhavan here on Monday.
Geeta Manohar (Andhra Pradesh) and Archana Venkatraman (Karnataka) bagged the women's doubles title by outplaying Rushmi Chakrabarthy (Tamil Nadu) and Sonal Phadke (Maharashtra) 6-3 6-4.
Sebi wholetime members T C Nair and M S Sahoo passed the 26th such consent order on October 31, asking Bansilal Mehta and Chimanlal Shah to remit Rs 4,26,000. Mehta and Shah 'were alleged financiers to key operators for cornering shares in the IPO of IDFC', the order said. The regulator had earlier prohibited them from buying, selling and dealing in securities. So far, the regulator has settled 128 cases through consent orders.
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
