About 150 years ago, in British India, big farmers in the western region of Maharashtra agitated over unfair lending practices and demanded a more fair and inclusive financing structure. People say this is where the seeds of the cooperative movement, now omnipresent in the country, were sown. Today, more than 800,000 cooperative societies thrive in India, with 300 million members, a number close to the population of the United States. Despite a reach this deep--grass roots as they call it--cooperatives do not occupy a lion's share in the Indian economy.
Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
US Treasury Secretary Timothy Geithner has said he would not rule out the option of forcing out chief executives of banks which have received taxpayers' money but are not performing well.
Leading Democratic presidential hopeful Hillary Clinton is much more popular among African-American women than her rival Barak Obama who is trying to become the first African-American president of the United States.
'The Biden administration will not send any diplomatic or official representation to the Beijing 2022 Winter Olympics and Paralympic Games given the PRC's ongoing genocide and crimes against humanity in Xinjiang and other human rights abuses.'
The EUA allows for Remdesivir to be distributed in the US and administered intravenously by health care providers, as appropriate, to treat suspected or laboratory-confirmed COVID-19 in adults and children hospitalised with severe condition.
Two of the US Cabinet members -- Education Secretary Betsy DeVos and Transport Secretary Elaine Chao -- have resigned over the storming of the Capitol by Trump supporters. US Capitol Police Chief Steven Sund has also announced that he would resign this month after he faced criticism for failing to prevent Trump supporters from storming the building.
For the moment, CBS would be offering post-graduate programmes in retail management and in management and insurance.
"Hindu Gang" has been spray painted on a building often used to host community meetings. George Joseph/Rediff.com reports from New York.
He also accused US House of Representatives Speaker Nancy Pelosi of being very rigid and doing bad politics.
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The Reserve Bank of India (RBI) on Wednesday gave banks time till October 31 to comply with its guidelines on current account and overdraft facilities. The central bank indicated that it was in no mood to change the proposed rules, but would only allow for stretching the timeline for smoother implementation. The initial deadline had ended on July 31, leading to thousands of current accounts being closed or frozen by banks. Lenders had requested the RBI for some more time to resolve the operational issues in implementing the provisions of the August 2020 circular in letter and spirit.
Iqbal Singh, a former Asian Championship bronze medalist for India, has been charged with murder in the US after he chillingly admitted to killing his wife and mother, according to media reports.
Trump floated the possibility of him testifying before the Congress after House Speaker Nancy Pelosi suggested the president has every opportunity to testify himself.
'I will be announcing my decision on the Paris Accord over the next few days. Make America great again!' Trump said.
Prasad also said India will be a $1 trillion opportunity for digital companies in five years
While his approval ratings remain high, a poll reveals most Americans think President Bush does not share their priorities on domestic and foreign issues.
Temperatures have plunged to -30 degree Celsius (-22F) and below in parts of North America as extreme cold weather known as a polar vortex strikes the region. At least eight people are reported to have died in incidents related to the weather.
Admission into high-IQ Mensa society at 4, college at 7, high school diploma at 10, currently a medical correspondent for the CBS talk show The Doctors and if all goes well a PhD in the near future, Tanishq Abraham is all set for academic glory, reports George Joseph.
An elderly Indian-American man was attacked and left bleeding on the road in a New Jersey neighbourhood in an apparent bias crime by an assailant who has been taken into custody.
Aishwarya Rai makes it to the famed American talk show.
Quoting unnamed senior administration officials, CBS News and CNN said the new set of sanctions is likely to target the Russian intelligence agency and its official.
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The late singer was cremated after traditional Jewish funeral in London.
William, the Duke of Cambridge, also revealed that he had not spoken to his younger brother Harry since the interview was first broadcast over the weekend but plans to do so.
'People are tired of COVID. I have these huge rallies. People are saying whatever. Just leave us alone. They're tired of it. People are tired of hearing Fauci and all these idiot'
Trump was referring to import tariff on Harley Davidson motorcycles, an issue that has been close to his heart and wants India to reduce it to zero.
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The Biden administration expects the Modi government to continue to remain as its loyal camp follower even as Washington continues to act in self-interests, observes Ambassador M K Bhadrakumar.
The lone-surviving Boston bombings suspect has claimed responsibility for the deadly terror attack in a note written on the wall of the boat he hid in, saying it was retribution for United States' wars in Afghanistan and Iraq. Boston bombings suspect Dzhokhar Tsarnaev, 19, left a note in the boat he hid during a massive manhunt for the April 15 attack on the Boston Marathon that killed three people and wounded over 250 others, CBS News reported on Thursday.
An admission by Lance Armstrong that he used performance-enhancing drugs during his cycling career could create new legal headaches for the former seven-time Tour de France champion, according to legal experts.
According to CBS Boston, the 40-year-old actor is on a list of possible successors to Massachusetts Senator John Kerry, the Politico reported.
Walter Isaacson says Jobs' design sense was greatly influenced by the "simplicities of Zen Buddhism."
In fact, NASCAR will just about be the only show in town, with the NBA and NHL, which would in the thick of the playoffs at this point of the season, and MLB all on the sidelines muddling through various return to play scenarios.
Mitt Romney swept three Republican primaries in Indiana, North Carolina and West Virginia, moving closer to sealing the party nomination for November presidential polls against incumbent Barack Obama.
United States authorities have arrested a 20-year-old man who allegedly planed to commit a mass murder at the screening of The Twilight Saga: Breaking Dawn: Part 2, at a Missouri Walmart.
American electorate was deeply divided ideologically and exceedingly polarised in their political beliefs in the just concluded presidential election, according to an exit poll on Wednesday.
The United States Anti-Doping Agency (USADA) has set disgraced cyclist Lance Armstrong a February 6 deadline to fully cooperate in the investigation into cycling's darkest episode in return for a possible reduction of his life ban.
Android and Apple iOS combined accounts for the majority of the smartphone market.
