Overall, the record of the second term reveals a contradiction between the image and the reality. The image, especially on media and social media, is one of the man at the height of his power, and unstoppable. The reality on governance is someone who has found it difficult to get things implemented and unsure of what to do next, points out Aakar Patel.
'Some co-operative banks are dominated by politicians and were reportedly being used to launder Rs 500 and Rs 1,000 notes.'
'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Because of Rajan's policies, the banking system has mustered enough courage to disclose their toxic assets
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
'It is never easy to run a campaign as a woman, particularly a minority woman, especially when you are bucking the establishment.' 'My entire campaign is an act of resistance.'
Warship building projects worth at least Rs 630 billion have ground to a standstill. The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude, Anil Ambani's shipbuilding firm from those contracts.
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In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
At least five companies looking to raise a cumulative Rs 6,595 crore could launch their initial public offerings (IPOs) next month after a busy August that saw eight IPOs. On Thursday, south-based diagnostic chain Vijaya Diagnostics announced its plans for a Rs 1,895-crore IPO. Ami Organics will announce its plans for a Rs 600-crore issue on Friday.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
With Muthappa Rai's death ended a life that highlighted the dark side of Bengaluru's often delirious growth to become India's IT capital
'That would once and for all teach all the film-makers of this country a fitting lesson!'
The four-day Durga Puja festival in West Bengal and other states ended on Thursday with people celebrating Vijaya Dasami which marked Goddess Durga's return to her husband's home.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
The Mumbai high court on Tuesday stayed till June 13 an order of a Debt Recovery Tribunal attaching immoveable properties of Maharashtra government and its two accounts maintained by Reserve Bank of India and State Bank of India.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
Despite the growing clamour from the central government on India turning digital, and banks requesting direct bank account transfer, the state government decided to hand over cheques to the farmers, which can be immediately converted into cash.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
Rediff readers tell us about their first salaries.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
This is the story of two youngsters from Bengaluru, who converted adversity to their advantage.
RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
The Congress has been reduced from 440 seats in the Lok Sabha to 44 seats due its 'arrogance' but it is still not ready to introspect or correct itself, he said.
Complaints were received by the Commission on possibilities of inducement of electors by distributing cash and gifts in innovative forms like tokens, prepaid phone recharge coupons, newspaper subscription, milk tokens.
Monday's surprise meeting is an admission by the Bharatiya Janata Party that their purported strategy of hoping to ride the popular 'Modi wave' in a Tamil Nadu without Jaya and a bed-ridden Karunanidhi does not have much chance of success, observes N Sathiya Moorthy.
Siva Sankar looks at S P Balasubrahmanyam's fantastic repertoire.
It took Gour Hari Das three decades to wrangle out a certificate recognising his work as a freedom fighter. His struggle is now the subject of a film
Officials said that taxmen visited seven locations in Bengaluru and three in Hyderabad of those event management companies which were given contracts to give a blockbuster look for the wedding of Bramhani last week.
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