Bankers pay a small price for their misdeeds, no matter how large the cost to their banks or to the economy at large, says TT Ram Mohan.
Modi is the second businessman after liquor tycoon Vijay Mallya to be declared a fugitive economic offender under provisions of the Fugitive Economic Offenders (FEO) Act which came into existence in August last year.
India has too many small companies and this is inefficient. It should instead have only a handful of very large players running its economy and these giants can then compete with the world, observes Aakar Patel.
Russia was the leading doping offender in global sport during 2014, followed by Italy and India, the World Anti-Doping Agency said on Wednesday.
Describing Rana as a flight risk, the US government opposed his release on bail, arguing that if he were to flee to Canada, he may escape the possibility of a death sentence in India.
Isha was the custodian of the cash at the time it was being placed in the ATM.
Congress seeks to corner govt over NPR, claims MHA report calls it 'first step to NRC'
"The four directors of the company, including Michael Ferreira, have been brought to Hyderabad from Mumbai on warrant," a senior police official attached to Central Crime Station, a wing of Hyderabad Police, said on Wednesday.
CBI has registered a case against general secretary of Mumbai BJP Mohit Kamboj, his jewellery manufacturing firm Avyaan Overseas, its directors, few mid-level bankers and others for alleged diversion of funds by availing fraudulent foreign bills negotiation limit and export packaging credit limit, issued by lender Bank of India between 2013 and 2018.
Michael Clarke and Simon Katich famously clashed physically in the dressing room when they were Test players and this week they have become embroiled in a verbal disagreement over Australia's commitment to be less aggressive on the pitch.
Mental health and life coach Anu Krishna tells you how to take control of your life.
'I want to something drastically different, where people will get the shock of their lives. But that has not happened yet.'
Least affected by the recent controversies around her, India's pistol ace Heena Sidhu's primary target is the World Championship
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
'I challenge people just do it for a month to see how you feel, okay?'
The Australian media on Tuesday dubbed India captain Virat Kohli as Donald Trump of world sport and accused him of spreading fake news regarding their players.
He sought a seeking a direction to Congress chief Rahul Gandhi, his mother Sonia Gandhi and other accused to either admit or deny if certain documents filed by him were original.
'Oil companies like IOC, BPCL and HPCL have to set up world class systems where they are always two steps ahead of the crooks,' says Sudhir Bisht, a veteran of the petroleum industry.
'It is our right to protest and draw the attention of this government, which is sleeping and appears blind, as it has failed to see the pain and struggle of the jobless youth.'
Participating in the debate on the budget, leaders of parties like the Congress, Bahujan Samaj Party, Aam Aadmi Party and Left launched an all-out attack on the BJP government for allegedly selling off the country's assets and PSUs to big industrialists.
'People should know that the so-called honest Kejriwal's desperation to win seats was so high that he ignored the cheating done by his candidate,' says senior BJP leader.
A delegation of opposition parties including Rahul Gandhi, Sharad Pawar and Left leaders on Wednesday met President Ram Nath Kovind seeking repeal of the three farm laws against which thousands of farmers have been protesting on various borders of the national capital.
The PMLA court in Mumbai has sought their appearance on September 25 (Nirav Modi) and 26 (Mehul Choksi) respectively under the fugitive economic offender law.
'I really love working as a technician.' 'No actor wants to be out in the sun as opposed to being in the AC van.' 'No actor wants to be among 80 sweaty people who are asking you 100 questions.'
The global police body, officials said on Tuesday, has apparently ruled in favour of Modi who had challenged the request of the Enforcement Directorate for issuance of a 'Red Corner Notice' against him in connection with its probe into the financial aspects of the cash-rich cricket tournament.
'We know how to kill a terrorist, but we do not know how to stop an innocent boy getting radicalised.'
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
'Absolute non-violence is not only sinful, but immoral.' 'This doctrine of non-violence benumbed the revolutionary fervor, softened the limbs and hearts of the Hindus, and stiffened the bones of enemies.' A revealing excerpt from Vikram Sampath's Savarkar (Part 2): A Contested Legacy, 1924-1966.
The party is less forthcoming about who the chief minister will be if it stays in power.
Describing Supreme Court's direction asking Samsung Electronics Chairman Lee Kun-hee to appear before a Ghaziabad court in a cheating case an "extreme step", Commerce and Industry Minister Anand Sharma on Friday said it would adversely impact investment and business climate.
The special court, however, did not permit the ED to attach the paintings owned by Modi and seized by the Income Tax department as the Bombay high court had earlier directed for the artworks to be auctioned but the money to be deposited and not disbursed.
Releasing the manifesto titled 'Badlav Ka Sankalp' (commitment to change) in the presence of All India Congress Committee (AICC) general secretary Randeep Singh Surjewala and other Mahagathbandhan leaders, Tejashwi Yadav said their government, if elected, would first approve the process for appointments on about 10 lakh jobs in the government.
Roopam Asthana, CEO and whole time director, Liberty General Insurance, answers readers health insurance queries.
'I have taken a loan of Rs 35 lakhs.' 'Even if my university allows me to stay, I feel cheated.' 'Thousands of Indian students in the US will be forced to return to India if their college/university courses go fully online.
Sonal lived the feminist slogan: The personal is political, in a way few feminists have been able to. She will be remembered and missed for doing this not with a dour self-righteousness, but with humour and a rare joie de vivre, remembers Jyoti Punwani.
The FIR was lodged at the Sector 20 police station on Thursday after the complainant, a Noida resident, alleged that her Amazon Prime account got hacked and the problem remains unresolved despite assurance from Amazon boss Jeff Bezos, an official statement said.
With the exam season round the corner, Prime Minister Narendra Modi on Sunday exhorted students and their families to treat exams as a festival and not as a source of stress, saying they should "smile more to score more" and not take it as "test of life".
'Before the IPL, the animosity between players used to very high, you now have different players from different countries sharing the same dressing room'
Before inserting your card, always check for any signs of tampering on the ATM machine, warns Aditya Shankar.
The apex court also said that the Delhi high court judge has drawn a conclusion which can affect the trial.
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