One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
The Union finance ministry has called for applications to the coveted post of chairman of the Securities and Exchange Board of India (Sebi).
'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy.'
Young wicketkeeper Rishabh Pant, facing flak for his performance behind the wickets during the just-concluded ODI series against Australia, briefly worked with former India stumper Kiran More in Mumbai on Friday.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investors took the Yes Bank event negatively because it raises a question on the stability of the overall Indian financial system.
Advertisement on mygov.in gets 8,000 applications and counting; govt to maintain bank of CVs for future use
Mutual fund houses hold Rs 3,400 crore of Yes Bank's 'riskier' bonds. Reliance MF, Franklin Templeton MF and UTI MF account for bulk of these exposures.
'We have to think of the repercussions if public sector banks are privatised and if they go to foreign hands.'
'Indian macro conditions have never been better, and many businesses will safely compound earnings over the next five years.'
'In India, the establishment not only endorses, but many a times instigates anti-Muslim hatred.'
Former Doordarshan director general Archana Datta lost her mother and husband to COVID-19 in the span of an hour after a desperate scramble to get them admitted to hospital in time to stem their falling oxygen levels failed.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'I was not scared because I knew I had not done anything wrong. And I was walking for a good cause.'
The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.
Until this innings, Dhoni didn't have a duck in his last 108 T20 games. This was his first zero in T20s since 2015.
Brushing aside concerns raised by proxy advisory firm IiAS on Suzuki's investment in the EV project, Maruti Suzuki chairman RC Bhargava on Thursday asserted that there was nothing in it against the interest of the company and its shareholders as it is part of an earlier arrangement. Countering the criticism from the proxy advisory firm, Bhargava noted that all models produced at Suzuki Motor Gujarat (SMG), including EVs, would be ultimately sold by Maruti Suzuki India (MSI) in the marketplace. IiAS has raised serious questions regarding the decision of the Suzuki Motor Corporation (SMC) to invest directly in the EV project instead of MSI doing it.
'The China opportunity, the digital opportunity and the end of geography opportunity are the three pieces of luck India got due to Covid.'
Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present.
LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.
Admitting that credit growth is "very low" given the size and growth rate of the economy, the Reserve Bank on Wednesday said for both the numbers to match, "the very very wide output gap" has to close. The central bank also clarified that low credit growth does not necessarily mean low credit flow to the economy, or choking of credit to the system, as bank credit growth numbers that the central bank publishes regularly represent only the outstanding credit in the system. Output gap means due to poor demand conditions, companies are unable run their plant at full installed capacity or, in a larger sense, an economy is not producing optimally as the demand is missing.
It said banks' asset quality will deteriorate across the corporate, small and medium enterprises and retail segments, leading to pressure on profitability and capital.
Top gainers in the Sensex pack included HCL Tech, Tata Motors, M&M, Bajaj Auto, RIL, Hero MotoCorp, Yes Bank, Maruti, HDFC Bank and Bajaj Finance, which surged up to 6.43 per cent.
A majority of the ICC board members believe that India is trying to bide time
Marcus Stoinis, a limited-overs specialist, said that Delhi Capitals has a right balance.
'A time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months.'
'The ship has been stabilised.' 'For the last 6-7 quarters, profitability is stable around Rs 250-Rs 300 crore.'
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
'Congratulations on an excellent campaign @sunrisers. You took your supporters on a roller coaster but you produced a lot of joy.'
'Visibly there is a posturing that everything is fine. That creates a bit of a problem.'
Among the Sensex stocks, Tata Motors emerged as the top gainer, rising by 7 per cent. Yes Bank, ICICI Bank, Vedanta Ltd and Tata Steel were among the gainers.
Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.
Making a scathing attack against the Left government, he said the practice of giving pension benefits to the personal staff of ministers just after completing two years a few months ago was a 'gross violation and abuse of authority.'
Listed companies' net profit as a percentage of gross domestic product (GDP) has hit a decadal high and is expected to edge even higher over the next two financial years. According to an analysis by ICICI Securities, India's Inc net profit stood at Rs 8.4 trillion, or 4 per cent of GDP of Rs 210 trillion for the trailing 12-month period ending September. This is the highest since financial year 2011-12 (FY12), when it was at 4.6 per cent.
'India has many attractive features for the long-term investor; it combines: A low per capita income, a young population, and a heavier presence of high margin, asset-light firms in the technology sector.'
'Banking is a business of trust.'
A feature of 'Third World-ism' is lack of accountability. Whether and how the Modi government is held to account politically is a matter for the future, observes T N Ninan.
Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation on Wednesday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances