'High denomination cash notes which was 1.4 lakh crores of Rs 500 and Rs 1,000 notes in 2004 became Rs 15.5 lakh crores in 2016.' 'If it had been allowed, by 2022, it would have been Rs 34 lakh crores, and that would have been the end of the Indian economy.' 'Demonetisation was a huge hit on the head of the economy, but without the hit, you could not U-turn the economy.'
If credit card delinquency spells trouble, there may be questions with regard to the much bigger retail sub-categories of car and housing loans, notes T N Ninan.
A flavour-of-the-season approach does not work in investing, suggests Deepesh Raghaw.
Attacking Modi, who is set to address the nation after end of the 50-day period he had sought from the people to ease their problems due to cash crunch, Congress's chief spokesperson Randeep Surjewala said that the PM is good at making announcements that are far from reality.
The 82-year-old former Jammu and Kashmir chief minister received the ED summons a day after the formation of the People's Alliance led by him was announced on October 15.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'
The Opposition grand alliance is proving to be a non-starter, with senior RJD leaders reluctant to be ordered about by an immature and entitled Tejashswi, observes Virendra Kapoor.
Bansal has been named as the 39th prosecution witness in the case in which Singla, the then Member (Staff) of Railway Board Mahesh Kumar and eight others have been chargesheeted for the offence of criminal conspiracy under the IPC and relevant provisions of the Prevention of Corruption Act.
BJP prime ministerial candidate Narendra Modi on Saturday attacked Congress for its decision to give tickets to "tainted" leaders, saying "Adarsh candidates" including Ashok Chavan and Pawan Kumar Bansal have been "rewarded".
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
To mark the anniversary of note ban, the Congress was observing a 'black day'.
Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.
Why did such a 'socially conscientious' people adapt to cash-for-votes and the like, as fish to water? N Sathiya Moorthy offers an explanation.
"They call themselves the champions of speech and expression. But deny the same for the people of Kerala."
'...because the party is based on the Constitution.'
The 61-year-old feisty leader, who had single-handedly wrecked the red bastion in West Bengal in 2011, was unfazed by the Left-Congress alliance ahead of the assembly polls.
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
'She really doesn't care if she is called heartless.' 'For her, the job needs to be done. That's all that matters.'
Suspended Noida engineer-in-chief Yadav Singh faces a CBI probe into alleged corruption on a PIL accusing him of amassing huge property disproportionate to his known sources of income.
Pakistan women cricket team's head coach New Zealander Mark Coles has resigned on Thursday, months before the ICC World T20 in Australia.
Since 2004 the Congress has hung onto power in a situation in which it was on track to be out of power. In each case, it effectively gamed the system through Constitutional coups, argues columnist Rajeev Srinivasan.
Every day at 9 am, five 20-somethings who live in a 4-bedroom apartment in Bengaluru have a session with their physical trainer. After a workout, they spend the next 8 to 10 hours in their spacious living room, headphones in place and computer screens in front of them. Their salaried job: To play video games for the rest of the day.
Did we miss the DeepState's Brazil Model in action in India in 2004 and 2009, asks Rajeev Srinivasan.
Mamata Banerjee was on Friday sworn in as the chief minister of West Bengal for the second consecutive time, heading a 42-member ministry.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
Anushu Gupta is being recognised for "his creative vision in transforming the culture of giving" in India and Sanjiv Chaturvedi for 'Emergent Leadership'
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
New government will have to mobilise money to complete pending irrigation, infra projects
Attacking the note ban move, Yechury said the PM's assertion that it will impact terror funding has not yielded any result.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
Intercepted call records have shown that the accused in the Rs.10 crore cash-for-post railway bribery scam had hatched a conspiracy and held several meetings to fulfil their objective, the Central bureau of Investigation said.
'One thing is sure: After this Budget, no Ambani-Adani tag will be attached to the government.'
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
The Modi government's array of economic policy has been impressive.
'I hate people who do such things.' 'The person who bullied me should be ashamed because he tortured other people too.'
A glance back at some of the important ups and down Indian Inc faced in 2018.
The speaker said she was ready to start the debate right away if the House agreed. The debate has been listed in Monday's list of business under Rule 193.
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people.