'Some co-operative banks are dominated by politicians and were reportedly being used to launder Rs 500 and Rs 1,000 notes.'
The dollar bond market has been a favourite for Indian firms in 2014.
Tamil Nadu Tennis Association Vice President Karti Chidambaram says the top 5-6 players such as Yuki Bhambri, Ramkumar Ramanathan, Sumit Nagal, Dhakshineshwar Suresh and Nitin Sinha should be supported to travel with a common coach and trainer, play 26 tournaments, out of which at least 18 are abroad, train for 20 weeks and have six weeks of rest in a year.
Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.
The government on Wednesday named nine out of 15 members of the 'Shri Ram Janambhoomi Teertha Kshetra' trust constituted for the construction of Ram temple in Ayodhya as mandated by the Supreme Court. Here's all you need to know about the members of the trust who have been named so far.
February 6 or 8 likely options; development will be the main theme
A Ganesh Nadar/Rediff.com attends Finance Minister Nirmala Sitharaman's presser in Chennai to tom-tom the government's achievements in its first 100 days in office.
The GST Council, that includes representatives of all states, will meet again on November 3-4 to decide on the tax rates
'Every Finance Commission creates its winners and losers' point out T N Ninan.
Aircel executives said the company could offer value to big boys like Airtel or Jio as a low-end mobile services brand
'There is good indication that the economy is bouncing back, but the problem is, we should look at the eight quarters preceding March 2020.' 'The growth had fallen below 3.1% before March 2020.' 'So, the governments must realise that even if you transform the best of green shoots into banyan trees, you see only 3.1% growth.'
Shashank Manohar, who took over as the 36th president of the Board of Control for Cricket in India (BCCI), is known for his integrity and regains control of the country's richest sporting body at a time when cricket's image has been tarnished by the spot-fixing scandal and intense factionalism.
Senior Congress leader Jairam Ramesh puts it succinctly: "Arun Jaitley was every non-BJP person's favourite BJP-ite."
India suffers from peak power deficit of three per cent.
The Congress, however, said it wanted to see the final print on the wording of the dispute resolution mechanism before committing its support to the Bill
On the other hand, 16 or half of all states and Union Territories account for only 3 per cent of all exports.
In a spontaneous outpouring of grief, thousands of people bid an emotional farewell to former President APJ Abdul Kalam who was on Thursday laid to rest with full state honours in his home town here amid chants of "Bharat Mata Ki Jai".
'We demand immediate release of all public representatives of mainstream political parties and innocent citizens,' the resolution said.
The PAC, headed by Congress lawmaker K V Thomas, is keen to find out the details of huge loans given by the banks to corporates including the basis on which such favours were extended.
Here's a recap of the events from the past 24 hours.
Launching a stinging attack on Union Finance Minister P Chidambaram for ridiculing his knowledge of economics, Bharatiya Janata Party's prime ministerial candidate Narendra Modi on Saturday said the country was run with hard work and not Harvard, a reference to the Congress leader's education overseas.
India's economy - ranked eighth in 2015 with a GDP of $2 trillion - is projected to climb past Brazil, the United Kingdom, France, Germany and Japan and become the world's third-largest in 2030 with a GDP of $7.3 trillion.
'The debate, by being mostly in Hindi, lost much of its educative relevance to the southern states.' 'All the prime minister's debating skills and oratorical prowess went over the heads of the South Indian audience,' points out B S Raghavan, the distinguished civil servant.
The report found that only 20 per cent of companies supported programmes that aimed to change the behaviour of individuals despite its critical role in eliminating open defecation.
'Amit Shah was, briefly, a stockbroker before devoting himself to politics. By instinct or training, he knows the value of keeping blue chips in one's portfolio.'
The former CM of the state also lashed out at the state government saying the Peoples Democratic Party-Bharatiya Janata Party ruling alliance was a failure.
The Supreme Court on Friday dismissed a plea seeking stay on further sale of electoral bonds ahead of assembly elections.
Finance Minister Piyush Goyal: 'I hope the Congress governments and other states like West Bengal, Odisha, Tamil Nadu, Andhra, Telangana will support our effort to bring petrol and diesel into the GST regime.'
'Cyrus was always very different. He would think before acting.'
Punjab faces many mortal threats. For most of these the people of Punjab are themselves responsible. And unless they take a brutal hard look within, their future generations have to be resigned to continue living with this constant slide, warns Shekhar Gupta.
Money allocated for rural India has increased, but expenditure of panchayats is not adequate and inconsistent
Terming the Bill as a 'non political bipartisan issue,' he hoped to have all political parties on board as the Bill would benefit over 75 per cent of rural households and 50 per cent of urban households in the country.
Financial shares were among the top gainers with HDFC leading the gains.
A minimum levy of 12 per cent GST on tea will increase the cost, which will ultimately be passed on to consumers.
Chennai on Wednesday turned a virtual island after unprecedented rains in 100 years pounded the city, shutting the airport and rendering thousands homeless.
The disagreement between the Centre and states continued over administrative powers.
The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.
It is likely that the IO of Chennai police would also approach a local court to seek Modi's presence in the case as being sought by the ED in its money laundering probe.
The reshuffle had politics at its heart, so the biggest complement of new ministers, both Cabinet rank and below, came from UP, which will see assembly elections in a few months.
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