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After scrapping the selection of six UPA-appointed bank chiefs, the government has now decided to make significant changes to the selection process.
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.
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.
'Unity in diversity is a dated notion as India, today, is more unified and cohesive and yet more pronouncedly diverse than ever in its history,' argues Shekhar Gupta.
The Dangal actor alleged, in an Instagram video, that a middle-aged man sitting behind her on the flight tried to molest her.
Madhuri praised him in Sinhalese, saying, 'Gondhak hundai (Very good)', which instantly made Sanath smile.
The real danger in India is not majoritarianism but minorityism, a bane we have already experienced. Majoritarianism in the India context means plurality and tolerance. No one needs to fear, says Vivek Gumaste
Even with the elevation of Nirmala Sitharaman to the post of defence minister, the party still needs to redress the gender imbalance and fill the 33 per cent quota in posts.
Because of Rajan's policies, the banking system has mustered enough courage to disclose their toxic assets
Giant effigies of 10-headed demon king Ravana, his son Meghnad and brother Kumbhakaran went up in flames marking the triumph of good over evil as fervour marked Dussehra festivities across the country on Thursday.
Here's a look at the top 10 tweets from your favourite Bollywood celebrities.
Relief would only be for unlisted companies; listed ones already have to prepare statements once a year.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
BJP's central leadership is expected to take a call next week, reports Sanjay Jog
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
Under pressure from the University Grants Commission to act on its directive, the Delhi University on Friday scrapped its controversial four-year undergraduate programme and reverted to the previous three-year structure.
'Some co-operative banks are dominated by politicians and were reportedly being used to launder Rs 500 and Rs 1,000 notes.'
RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
The film is a slow-paced family drama with all the elements of a commercial entertainer.
With Dadri-like incidents triggering outrage, Rashtriya Swayamsevak Sangh chief Mohan Bhagwat on Thursday said "small episodes" cannot damage "Hindu culture" and praised the Modi government for ushering in hope and confidence in the country and enhancing India's standing abroad.
A summary of sports events and sports persons, who made news on Monday
Timely preparation and picking the right questions will help you crack these examinations and secure a job.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
The Congress has convinced at least eight Telangana Rashtra Samithi MLAs to join them.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Far away from the glare of publicity lives Atal Bihari Vajpayee's family -- three sisters, nephews, nieces and their children. A large family proud of its bond with India's leader.
Director Suresh Krissna talks about his encounters with the legendary director Balu Mahendra who passed away on February 13.
Love Guru in a no holds barred chat with our readers!
A round-up of Vijay Hazare Trophy matches played across the country on Saturday.
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
The judiciary has often shied away from contesting the speaker's right or that of the legislature, but it has not always avoided taking a close look at the processes employed and arrive at conclusions that are binding on all concerned, says N Sathiya Moorthy.
Congress says K Chandrashekhar Rao backstabbed it; Chandrababu Naidu detests him.
It's never too late to start your career in Bollywood.
The Bombay high court has refused to grant a decree of divorce to a woman on the ground that her husband was suffering from schizophrenia and had beat her a couple of times after marriage.
'My age? It keeps changing every year. I can't remember it. I don't like ageing at all,' dancer Mrinalini Sarabhai, who passed into the ages on Thursday, told Jasmine Shah Verma in October 2004. Reproduced with kind permission from Harmony - Celebrate Age magazine.
The number of cases being admitted and investigated by the Competition Commission of India has fallen drastically in recent years.
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
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.
Yesteryear's heart-throb Shashi Kapoor will get the prestigious Dada Saheb Phalke award for his contribution to Indian cinema. On this occasion, we reproduce Dinesh Raheja's nostalgia piece on the actor here:
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
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