'As long as the government owns the banks, bankers will follow signals from politicians as to how to lend.' 'State-owned banks will remain State-owned banks as long as the current dispensation is in power -- and certainly there will be no change if the other chaps get in,' says Mihir S Sharma.
The country has a long way to go before it claims to have arrived, he said.
The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore
'The best way to make an impact in this market is by focusing on three things: Unmet customer need, unarticulated customer need, and emerging customer need,' Metro's Arvind Mediratta tells Sangeeta Tanwar and Alokananda Chakraborty.
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
'The military aim in a future conflict, if it can't be avoided, should be to cause maximum damage to the adversary's war waging capability and capture limited amount of territory as a bargaining counter,' says Brigadier Gurmeet Kanwal (retd).
'Indian diplomacy in West Asia under the present government has been a success story -- and with Saudi Arabia in particular,' says Ambassador M K Bhadrakumar.
US Ambassador Richard Verma's tips to the Indian states.
The 2019 election gives the Indian public the same choice: Between growth and oligarchs (or, in our case, dynasts and crony capitalists). If we chose wisely, well and good. If not, well, we have the Nehruvian Rate of Growth and massive corruption to fall back on. In a large sense, it is a choice between the India of the Lutyens elites and the Bharat of the real citizen, says Rajeev Srinivasan.
India gets its first basmati billionaire family. The promoter family of KRBL reaps gains from high demand for basmati in India and overseas. The company had a stock of 300,000 tonnes of rice as of September 30.
"No other relationship of India has as many layers as our relations with China. We are the world's two most populous countries and among the fastest growing major economies. Our cooperation is expanding," he said.
And the reason has everything to do with box office collections, says Vanita Kohli-Khandekar.
'We are rushing to 'develop' without carefully valuing natural areas.' 'With careful land use planning and scientific zonation at least 5 to 10 per cent of the country's land can be secured for tigers and other such species, and another 5 to 15 per cent kept under low-impact uses to support biodiversity that can coexist with human uses.'
20 years ago this week, India and Australia played one of the greatest Test matches in cricket history. Sreehari Nair relives the sound and the fury of that unforgettable game at the Eden Gardens.
Indira Kannan picks Made in Bangladesh, Greed, Moothon.
The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
The success story of Adani's Mundra Port in Gujarat, in terms of efficiency, technology and management, should be replicated at Vizhinjam to ensure that this ambitious project does not fail, say Shehzad Poonawalla and Riya Sinha.
'The EC is a sacred institution.' 'In the last few years, more than once, we have found the EC bending over backwards to accommodate the government.'
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
The broader Nifty, after touching a high (intra-day) of 10,555.50 points, finished at 10,539.75, up 84.80 points, or 0.81 per cent.
Only nine of the airline's 370 daily flights were making profits.
Parasite's razor-sharp characterisations ensure that the picture is thoroughly entertaining though it falls short of greatness, declares Sreehari Nair.
'Goa is about community living, but blending in takes time.'
Property markets in Uttarakhand and Himachal Pradesh, which have had a dream run in recent years, are set to face a downturn.
Building toilets, however essential, must not be confused with sanitation and the crying need for a revamp of India's sewage systems.
The death toll in Assam in the current flood rose to 30 on Wednesday with 14 bodies recovered from worst-affected Goalpara and Kamrup (rural) districts even as relief and rescue work continued round-the-clock.
With Pirojsha Godrej at the helm, Godrej Properties posted a fourfold jump in profit in the third quarter of the current financial year, probably the only real estate company that did so well in that quarter.
Loan waivers will never be enough. Reforming the agricultural marketing system is essential to addressing the concerns of farmers in a sustainable manner, says Nitin Desai.
In his final address, the president said that the soul of India resided in "pluralism and tolerance.
The watershed 2014 Indian election has thrown a decisive mandate after 30 years of coalition-based governments.
The previous government set up a cabinet task force to clear the backlog of projects but failed to make much of an impact.
Anjuli Bhargava's musings on why the national carrier is well beyond a turnaround.
'Why should the people of Odisha divert water from the Mahanadhi when 13 out of 32 districts are chronically drought prone?' 'Water is a state subject. Can you really nationalise rivers for which you need drastic amendments in the Constitution?'
'Must every believing Hindu automatically be assumed to subscribe to the Hindutva project?' asks Shashi Tharoor.
Experts say investors should be careful, as even a 50-100 bps cut in rates will not help such companies if their business is not doing well. Check what is the problem and consider
Finance Minister Piyush Goyal said the instances of people running away and evading the legal process was increasing and this needed to be stopped, as the current laws do not allow fully dealing with the severity of the problem.
Prime Minister Narendra Modi on Saturday warned of ruin for the dishonest after the expiry of December 30 deadline for depositing scrapped currency and said they should not underestimate the mood of the country against corruption.
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