Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
India would have responded differently to "Pakistan-sponsored" Mumbai terror attacks had there been a different "mix of people" at the helm, according to former foreign secretary and national security advisor Shivshankar Menon.
In a message to separatists, Jammu and Kashmir Chief Minister Mehbooba Mufti on Thursday asserted that nothing would be achieved by terrorism and that the "great" Indian democracy provides freedom to make choices unlike countries where democracy ceased to exist.
The deadly Maoist ambush, claiming the lives of 14 Central Reserve Police Force personnel in Chhattisgarh's Sukma district, was planned and supervised by local Naxal leaders who were reportedly camping in south Bastar for past few days, a senior police official said on Tuesday.
'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'
A first-of-its kind 'battle field hospital' is being set up deep inside the Naxal hotbed of Dantewada in Chhattisgarh which will provide immediate first aid to injured Central Reserve Police Force and other security forces officials undertaking anti-Maoist operations.
What got the Jats of Haryana so furious?
Dubbing the next election a choice between governance and development on one side and chaos on the other, the prime minister cited the example of Karnataka, where the Congress-Janata Dal(Secular) alliance 'stole the mandate' to form government with 'development taking a back seat'.
The situation in Kashmir remains fluid as protests continued in many localities over the killing of Hizbul Mujahideen commander Burhan Muzaffar Wani.
The BJP has managed to retain its lead in all the six municipal corporations -- Ahmedabad, Surat, Rajkot, Vadodara, Jamangar and Bhavnagar -- which went to polls last month.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Jammu and Kashmir Director General of Police S P Vaid on Friday lauded the restraint shown by the Central Reserve Police Force jawans who were heckled by some youths in Budgham on Sunday, saying "any armed force in the world would have retaliated with force".
Pallon has already joined the boards of some of the unlisted companies such as Afcons
The Haryana 'incident is a manifestation of a far greater malady -- mobocracy -- that continues to afflict our society,' says Vivek Gumaste.
For the first time in our political history, Pakistan has become centre stage of the incumbent's campaign, points out Shekhar Gupta.
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
Summary of sports events and persons who made news on Sunday
After the setback in the Lok Sabha election, the ruling Congress on Friday recorded a big win in the bypoll to three assembly seats in Uttarakhand retaining Dharchula seat which went to Chief Minister Harish Rawat and wresting Doiwala and Someshwar seats from Bharatiya Janata Party.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
'Modi must keep his members in check or risk losing domestic and global credibility,' Moody's warned.
'His essential doctrine was only the local police can fight terror.' '"You can't fire at mobs throwing stones," he said, adding one has to think innovatively, even defensively, sometimes.' Shekhar Gupta remembers the uncoventional SuperCop.
'Some men and women did seek shelter in our dhaba but not one of them disclosed that they had been raped. They were in our dhaba for over two hours till such time as the cops arrived. If they had been stripped and raped, or had been lying the fields for a long period of time, they or the male members of their families should have spoken about it.'
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
Two Army personnel were injured in the gunbattle.
Oil and Natural Gas Corporation had in 2007 farmed out 15 per cent stake in the KG-DWN-98/2 block, which sits next to Reliance Industries' KG-D6 block, to Brazil's state-controlled oil firm Petroleo Brasileiro SA or Petrobras.
Rejecting criticism of tardy relief operations in flood-ravaged Uttarakhand, Union Finance Minister P Chidambaram has said government was making all efforts and complimented armed forces personnel for their untiring efforts in rescuing the stranded people.
Pharma shares extended losses after the government's ban on combination drugs.
Two days after Naxals struck in a big way in Chhattisgarh, the government on Wednesday asserted that there will be no let up in operations to eliminate the Maoist menace and promised all support to the security forces to deal with it firmly.
Pervez Musharraf's legal woes mounted on Friday as a Pakistani special court conducting his treason trial issued a bailable arrest warrant for the beleaguered former dictator and ordered his production on February 7.
The Bihar government on Wednesday issued shoot-at-sight orders against troublemakers and made tight security arrangements to ensure violence free polling in 6 of the 40 Lok Sabha seats to be held on Thursday.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Home Minister Rajnath Singh on Tuesday called Maoists a 'national challenge' which he said the government has accepted and will fight it. On a day-long visit to Chhattisgarh, a day after Maoists killed 14 Central Reserve Police Force personnel in Sukma district, he also announced a compensation of Rs 38 lakh each to the kin of victims of the Naxal ambush and Rs 65,000 each to the injured.
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
Sanjay Dutt's relationship with Madhuri Dixit, the break up and heartache that followed.
As the bull-run in Dalal Street gathers pace, people keen on riding it are looking to arm themselves with new tools and techniques.
India's ONGC has lost the giant Kashagan oilfield to the Chinese after Kazakhstan blocked its $5 billion deal to buy US energy major ConocoPhillips' stake in the Caspian Sea oilfield.
"It is certain that the information about their movement was leaked. Somewhere or at some stage this has happened. The boys were doing a surprise non-operational movement and hence were in mufti. We are looking into it," CRPF Director General K Durga Prasad said.
Central Reserve Police Force commander Chetan Cheetah, who was shot nine times during an encounter with terrorists in Kashmir, has made a "miraculous" recovery and will be discharged from the AIIMS on Wednesday.
Nadu Chief Minister O Panneerselvam announced on Friday morning that the state government will amend a central act on Prevention of Cruelty to Animals to allow the conduct of Jallikattu in the state with the Centre's backing, and urged protestors across the state to withdraw their agitation following the likelihood of the bull-taming sport to be held in a "day or two."
'Worryingly, intelligence assessments indicate that growing disaffection amongst the youth is ceding ground to fundamentalist Islamist groups like Islamic State,' reports Ajai Shukla.
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