Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
The controversial report of the Joint Parliamentary Committee, which gave a clean chit to Prime Minister Manmohan Singh in the 2G spectrum scam saying he was "misled" by the then Telecom Minister A Raja, was on Tuesday submitted to Lok Sabha Speaker Meira Kumar.
It will now take at least two more years to get a clarity on the priorities and policies of the leadership of the new state of Telangana.
Attacking the note ban move, Yechury said the PM's assertion that it will impact terror funding has not yielded any result.
During the Congress regime, India did witnessa slew of reforms which are now taken up by the Modi government too.
Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita Ganesan & Avishek Rakshit find out how India is coping.
How can you, as a buyer, put your best foot forward at the negotiation table? Above everything else, the Scout's Motto holds true -- Be Prepared.
James Wilson tracks down discrepancies in the much-hailed demonetisation policy and the subsequent statements of the government and the Reserve Bank of India.
These simple changes can add a significant thrust to your overall money management over time.
These homes offer services that help lead a smooth retired life.
Terrorism and Afghanistan were the focus points of Prime Minister Narendra Modi's talks with Uzbek President Islam Karimov on his first visit to Central Asia.
Besides reviving investor sentiments, Vasundhara Raje's regime has brought reforms in the social sector.
Darjeeling is on the boil over the demand for a separate Gorkhaland state. June and July are bad months to have a strike. Tea picking during its most valuable season has been affected. Those consequences will be felt all over the world and ultimately damage Darjeeling tea.
New Delhi and Beijing are the only two regional capitals that have commented on US President Donald Trump's speech on August 21 outlining the way forward in Afghanistan. The Indian foreign ministry statement was effusive in praise, while the Chinese statement has been one of cautious and guarded hope. Delhi has identified itself with Trump's Afghan strategy, whereas the Chinese stance is calibrated -- observant and objective, keeping a distance, says Ambassador M K Bhadrakumar.
However, considered its high price of Rs 25k, Chinese smartphones like Xiaomi Mi4 and Oppo's One Plus One can dent the Japanese phone's popularity.
A government that confuses PowerPoints for policy is delaying structural change too much.
It is important for every sort of development and governance in Telangana that the people identify completely with their governing structures. This identification confers legitimacy on a government -- not just elections and number of votes. That identification has been missing in Telangana for 700 years, says Dr Gautam Pingle in the first of a two-part series on the new state.
Two lessons from the closure of the Barak investigation: be careful with investigations, and buy from the US or Russia through transparent protocols. Premvir Das examines
About 17 lakh investors, mostly in West Bengal, who have lost crores of rupees in the Saradha chit fund scam are fast losing hope. The scandal continues to roil West Bengal political circles with several ruling Trinamool Congress leaders being implicated and some arrested. Even West Bengal Chief Minister Mamata Banerjee's name has been dragged into the sordid mess. Indrani Roy presents a FAQ on what the scam is about and the main players behind it.
The Telangana Group of Ministers on Friday reviewed the progress made by the Andhra Pradesh government with regards to the bifurcation of the state on various fronts.
Union Budget 2015 cuold have included few smaller reforms.
Finance Minister Arun Jaitley presented the Union Budget.
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
Although Lesima JeroseMonisha is relieved that her worst days are over after she alongwith her 45 colleagues returned to India from warn-torn Iraq, she has no idea whether she'll ever get her four-and-half-months' salary that the Iraqi government owes her. Rediff.com's A Ganesh Nadar reports.
After Pyongyang tests a missile potentially capable of reaching the US, Dr Rajaram Panda explores the realistic -- and peaceful -- options before Donald Trump and the international community at large.
'It is a national shame that the only country that enacted a food security act is now better known as the land of farmer suicides. Indian farming can change only if national irrigation policy is implemented in totality,' Dr M S Swaminathan tells Shobha Warrier/Rediff.com
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
Attired in his trademark half sleeves kurta and sporting a Rajasthani turban, Prime Minister Narendra Modi devoted a bulk of his 90-minute address on the occasion of the 70th Independence Day to presenting in effect a report card of his government's work particularly in boosting economic growth, ease of doing business and welfare schemes for the poor and farmers.
Hindu-American Congresswon Tulsi Gabbard coasts to a rollicking re-election victory in in Hawaii's 2nd District
Shatranj Ke Khilari was Satyajit Ray's first Hindi film. The Master set the Premchand story against the backdrop of the First War of Independence in 1857. Bijoya Ray, his wife, reveals fascinating glimpses behind the making of the epic in this exclusive excerpt from her memoir.
The Galaxy S7 is one of the most polished product to have been released by Samsung, says Himanshu Juneja
It is not in the Lok Sabha, where the BJP has a clear majority, but the Rajya Sabha that the Opposition has ganged up to checkmate Prime Minister Narendra Modi's ambitious plans.
'If fame, money and comfort are the only factors that drive us, then we are playing cricket for entirely the wrong reasons.'
Rescued from slavery at age 7 by Kailash Satyarthi's Bachpan Bachao Andolan, Om Prakash Gurjar is today one of the world's 7 top influential youngsters.
Shatranj Ke Khilari was Satyajit Ray's first Hindi film. The Master set the Premchand story against the backdrop of the First War of Independence in 1857. Bijoya Ray, his wife, reveals fascinating glimpses behind the making of the epic in this exclusive excerpt from her memoir.
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