The performance of the Mumbai-based public sector bank may continue to lag behind its peers longer than expected due to the deterioration in its credit cycle, the agency said. Even though IDBI's non-performing asset ratios improved significantly after bad loans worth Rs 9,000 crore (Rs 90 billion) were transferred to a trust in FY04, the current economic slowdown could impact the bank's corporate loan portfolio.
The petition was dismissed by a Supreme Court bench headed by Justice A K Mathur. The Madhya Pradesh high court had earlier upheld a city court's decision to dismiss the state government's plea against the pharmaceutical firm. The petition filed in the apex court through counsel C D Singh stated that the High Court had failed to appreciate that the presence of foreign element in the medicine was a clear breach of provisions of the Durgs & Cosmetic Rules 1945.
Three militants belonging to the Dimasa tribe militant group, United People's Liberation Front were killed in an encounter with a joint team of Assam Police and Assam Rifles at a forest area between Hatikhali and Manderdisha under Langting police station in Dima Hasao hill district of Assam early Thursday morning, police informed.
Tension between the government, specially the finance ministry, and RBI is as old as the central bank itself.
The Andhra Pradesh government has promulgated an ordinance providing four per cent reservation to 15 socially and educationally backward groups among Muslims in professional educational institutions and public employment.
The five-member team headed by former CBI chief R K Raghavan spent almost an entire morning visiting the sites, sources in the police department said. The team, which include former director general of police of Uttar Pradesh C D Sathpathy and three IPS officers from Gujarat -- Geeta Johri, Shivanand Jha and Ashish Bhatia -- had an extensive meeting at Meghaninagar police station after visiting the contentious sites, police sources said.
With the Navy ruling out deploying indigenously built Light Combat Aircraft Tejas on its aircraft carriers, Aeronautical Development Agency on Saturday said it was restricted only to Mark I which was a technology demonstrator and pinned hopes on Mark II for use by the Navy.
It will take India at least a decade compete with the world's best, says former hockey captain Dhanraj Pillay.
Indian all-rounder Yuvraj Singh turned 36 on Tuesday and warm birthday wishes poured in from the cricket fraternity.
Software and training organisation NIIT Ltd has tied up with one of country's leading business school, Indian Institute of Management-Calcutta to offer 'Executive Development' programmes through virtual classrooms.
Aimar and Tevez add to Crespo's brace to give the South Americans a 4-1 win.
Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.
About 1,72,689 posts related to A,B,C,D categories were lying vacant in Railways till December 31 last year, Railway Minister Lalu Prasad Yadav informed the Lok Sabha on Thursday.
The enactment of Lokpal and Lokayuktas Act will help the Central Vigilance Commission work in an independent and assertive manner, the government said on Wednesday.
Hashmi murder: Nine sentenced to life imprisonment.
'There was no need for opting for such an elaborately and expensively organised spectacle,' says B S Raghavan, the distinguished civil servant.
Driven by a good monsoon and area expansion, India is likely to have a bumper grains production of 208-215 million tonne this year.
Captain Graeme Cremer scored his maiden Test century on Monday to help Zimbabwe avoid the follow-on as they scored 373 in reply to Sri Lanka's 537 in the first Test.
Jalan has unquestionably left an indelible mark on Mint Street.
Following the row over financing, Pakistan seems to have failed to seal the deal for the purchase of eight F-16 fighter jets from the United States.
Former power minister Suresh Prabhu has been chosen to head a task force to pursue this deadline.
With the release of the film's trailer, we revisit how the crisis was actually handled.
'Galbraith had a powerful ally in Washington -- not as blunt and direct as the ambassador -- but committed to see Krishna Menon go.' 'This was President Kennedy himself.'
Pakistan is trying to get more F-16s from the US as well as looking towards countries like Russia and France for new aircraft to replace old ones to match India's defence purchases.
Except for September quarter, which had net inflows of $196 million, all other quarters had outflows.
It was better to first build a single-rate GST with a low rate, achieve full mastery of this, and then consider more complex possibilities such as high rates and multiple rates.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
In signs of thaw on All India Anna Dravida Munnetra Kazhagam merger move, the factions led by Tamil Nadu Chief Minister K Palaniswami and the one by O Panneerselvam on Friday announced formation of their respective committees to hold discussions.
Rio Olympics-bound shot putter Manpreet Kaur stole the limelight as Indians pocketed five gold medals from athletics on the opening day of the event at the 12th South Asian Games, in Guwahati, on Tuesday.
It was an eighth ODI victory in a row for South Africa and an 11th win in succession at home as they showed form in the build-up to the Champions Trophy in England in June.
The death toll in firing and arson along the Assam-Nagaland border by alleged miscreants from Nagaland has increased to 11 with the recovery of nine more bodies from the disturbed Uriamghat area of Assam on Friday even as night curfew continued.
As the United States withdraws its forces from neighbouring Afghanistan, the Obama administration has armed Pakistan with 14 combat aircraft, 59 military trainer jets and 374 armoured personnel carriers, an internal Congressional report has said.
'Journalists and intelligence officials do a similar job -- collect information.' Three former RAW officials tell Vicky Nanjappa/Rediff.com that they see nothing wrong in Ved Prakash Vaidik meeting Lashkar-e-Tayiba terrorist Muhammad Saeed.
Former chief of R&AW C D Sahay dismisses comments linking the Gujarat riots and Babri Masjid demolition to the formation of the Indian Mujahideen
Rediff.com's Vicky Nanjappa talks to security experts about the possibility of militancy returning to the Kashmir Valley in the eventuality of Narendra Modi becoming the prime minister
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