PSB executives said loans to group holding company IL&FS and entities might still be treated as "standard".
It has been nine years since India signed this important convention against corruption, but it is unfortunate that on ground the situation remains unchanged as no action has been taken.
'Fiscal purists would quarrel with the idea of selling assets to pay for current expenditure -- such as the payout to farmers and the health insurance programme -- for the obvious reason that the process cannot go on forever.' 'At some point, the list of assets available for sale will run out,' notes T N Ninan.consultations -- something already aired in connection with the lease of airports to the Adani group, says T N Ninan.
While the CPI-M delegation watched a demonstration on the various security checks involved with the machines, the NCP team interacted with Commission's technical committee of experts.
Bukhari, who was elected president of the JKAP, said the party's core agenda would be the restoration of Jammu and Kashmir's statehood and its residents' domicile rights in land and jobs.
Firm Asian cues and a higher opening of European markets reflecting a rally on Wall Street, where all three US indices hit new records following strong economic data, bolstered trading sentiments here
Attacking the messenger with the threat of a defamation suit is a misguided attempt on the part of our medical leaders which is likely to further erode public trust in doctors, warns Dr Kunal Saha
Private cellular operators have asked the telecom regulator to approve the revised tariff packages offering Rs 0.50 per minute STD charges, saying delay in implementation would result in large-scale erosion of customer base.\n\n\n\n
Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.
A flash 900-point crash in the National Stock Exchange's index Nifty this morning eroded an estimated Rs 10 lakhcrore of investor wealth, though for a brief period.
Vigilance officials on Wednesday conducted raids in the premises of former Dravida Munnetra Kazhagam minister NKKP Raja across Tamil Nadu in connection with a disproportionate assets case.
Players such as Micromax and Olive have already launched tablets for the Indian market at a price point ranging between Rs 5,000 and Rs 7,000.
Ganguly's current nine-month stint will get an extension if the BCCI dilutes the specific reform on tenure-cap as mandated by the SC-appointed Lodha Committee.
The crater found near the town of Maniitsoq in Greenland currently measures about 62 miles (or 100 km) from one side to another. But before it eroded, it was likely more than 500 km wide, which would make it the biggest and oldest crater ever found on Earth, said Danish researcher Adam Garde.
Former Chief Minister and National Conference leader Omar Abdullah on Thursday asserted that Article 370 of the Constitution cannot be scrapped and the special status accorded to Jammu and Kashmir cannot be eroded further.
As in all successful comebacks, strong leadership will be key for the Chennai Super Kings and the Rajasthan Royals.
The finds show that workshops for cutting and shaping precious gems, for making semi-precious stone beads, and also, incidentally, for shell-cutting, were present in Kodumanal more than 2,300 years ago.
Since the formation of the Premier League two decades ago, Liverpool have been classed as one of the division's "Big Four" but their weakening grip on a place among the true elite was eroded further by a woeful start to the new campaign.
The company had received a loan restructuring package from banks under the 5/25 scheme last year.
Expressing anguish over the recent encroachment of the India United Mills in central Mumbai by followers of Babasaheb Ambedkar, the Bombay high court on Tuesday rapped the Maharashtra government for its "failure to take action against the encroachers".
'No one cares about fiscal deficit now. Or for that matter, inflation.' 'The focus is on growth and growth alone.' 'RBI needs to break the risk aversion of banks and infuse adrenaline in their veins', says Tamal Bandyopadhyay.
Had India agreed to join the trade pact, Indian markets would have been flooded with cheap Chinese products.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
If your children live abroad, rely more on financial assets as they are easier to liquidate and move across borders.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
During De Roni's tenure the airline made profit for two successive years.
Banks want government to retain 40 per cent of Jet slots at all airports to ensure a new owner can kick-start operations soon after taking over.
The hope for a better image for Prime Minister Manmohan Singh-led government has diminished drastically with realism setting in that 19 members of its principal ally Trinamool Congress will stall every such move which can be dubbed by Mamata Bannerji as 'anti-poor' or 'anti-farmers', says Sheela Bhatt.
The UPA government hopes the logjam in Parliament over FDI in retail will end on Wednesday with the move to 'hold back' the Cabinet's decision on the issue. But things may not be that simple. Sheela Bhatt reports on the possible scenarios that may emerge.
'The problem of a Hindu rashtra is that it has no text which can be adapted to the modern world.' 'The most prominent element of the Hindu way of organising society and the State is through caste.' 'This is not acceptable to most Hindus.' 'Because a Hindu rashtra also erodes the power and the rights of the majority of Hindus, we can be assured that this is not something that the BJP, or any other force can do,' argues Aakar Patel.
It is only the second time in the eight World Cup South Africa have played in, that they will not reach the knockout stage.
The Panama verdict will decide how Pakistan handles its leadership problems.
Contrary to popular belief that liberalisation of the economy would prevent corruption, the deepening of the reforms process since the early 1990s is seen as having increased the opportunities for corruption.
Under the provision of the Constitution, bills passed by the Lok Sabha during the course of its five year term and pending in the Rajya Sabha get lapsed with the dissolution of the House of the People. Separately, any bill introduced in the Rajya Sabha remained a property of the House irrespective of the fate of Lok Sabha.
Pressure had been building on the International Olympic Committee (IOC) and its president, Thomas Bach, with some athletes and sporting bodies angry that a seemingly inevitable decision had taken so long.
Employees in India will see their salaries increase by an average of 10.9 per cent in 2015, but high inflation will end up eroding much of their wages, says a report.
It is second only to the disastrous 2008.
On Monday, the biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, Tata Motors, HCL Tech, IndusInd Bank and Kotak Bank, HCL Tech, Infosys and Bajaj Auto.
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