RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
'Even if we ate our chappatis with pickle, we ensured proper food for Sumit.'
In our special series re-visiting great Hindi film classics, we look back at Sanjeev Kumar's Dastak (1970).
It emerges that not only does the CIDR project fails the test of fairness, justness and reasonableness besides the test of not being fanciful, oppressive or arbitrary; it also fails the test of Arthashastra, Hadith and the Bible.
The truth is that few ministries in the Modi sarkar are working on new and updated legislation of any kind.
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Buyers complain about server errors, allege discounts were 'not real'.
Under Sharma Axis Bank has also taken the lead in focusing on technology, which has now become core to almost every other lender's strategy.
Addressing bankers and economists at Bancon 2013, a flagship event of the Indian Banks' Association, Chidambaram told the lenders to deal firmly with wilful defaulters, but handhold those who are reeling under the impact of the economic slowdown.
On the final day of his two-day visit to India's financial capital, Congres vice president Rahul Gandhi tried to connect with Mumbaikars by raising the issue of high electricity bills en route his padyatra from National College, Bandra to Dharavi, Asia's largest slum colony.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
Vinod Kumar, Tata Communication CEO has amazing business strategies to enhance topline.
The US is still a place for innovation and entrepreneurship, and it is good to see Indian Americans and immigrants contributing to this in a major way, says K V Seshasayee who visited the US after four years and found the gloom had dissipated.
Who will make the most of the disruptions of 2016 this year? Mihir Sharma's list of probables.
'The cost of the Rafale contract will be substantially lower than being talked about.' 'If you throw away the price they demand, our coffers will soon become empty.' 'When it comes to spending the nation's money I am very careful and stingy.'
'Why should the people of Odisha divert water from the Mahanadhi when 13 out of 32 districts are chronically drought prone?' 'Water is a state subject. Can you really nationalise rivers for which you need drastic amendments in the Constitution?'
65,000 Sri Lankan Tamil refugees still live in Tamil Nadu. Rediff.com's A Ganesh Nadar discovers the challenges for the refugees to return home.
In a weekly chat with readers every Thursday, Rediff's Love Guru addresses their relationship problems and offers solutions.
Instead of the Hindustan Turbo Trainer-40, which Hindustan Aeronautics Ltd could build, export, overhaul, upgrade and even modify into a light-attack aircraft, powerful lobbies have promoted a Swiss trainer -- the Pilatus PC-7 Mark II.
India's first male ballet dancer began learning the dance form at the advanced age of 19. Eleven years later, his passion for ballet continues to shine brightly.
Harassment, corruption and the burden of compound interest for years are also the reasons.
Instead of taking up a plush corporate job, Shadab Hassan chose to start a school for underprivileged children.
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
Few top honchos of India Inc did very well in 2014.
'The difference between black money in India and the black money out of India is, in India, it is tax evaded money and Indian money outside India is not only tax evaded money, but money which has been taken out of India's capital resources needed for India. So it is not only tax evasion, but treason too.'
The debate on the constitutionality of tribunals has not been set to rest as yet, says Gopal Krishna.
'Modi has entered blunderland as he does not understand the army. He has actually meddled with the army, which is much more damaging than the ignorance of Sonia Gandhi and Manmohan Singh.' 'People had an impression that the BJP was different. Now it has been made very, very, plain that it is not.' 'Look at the contrast in the behaviour of the prime minister. When they burnt buses in Gujarat for an unjust demand, the prime minister addressed them in Gujarati while the army veterans were on relay hunger strike for the 74th day on that day, but no word on this from the PM.'
The verdict could impact a range of life choices of Indians, including food habits and sexual orientation.
The US foreign and security policy establishment, says Ambassador M K Bhadrakumar, apprehends that Trump may compel them to exorcise the 'unipolar predicament', and bring foreign and security policies to reflect the desires and priorities of the American public.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
National award winner Chaitanya Tamhane tells us the story behind his film, Court.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.
The Sochi Winter Olympics are meant to be Vladimir Putin's crowning achievement as Russian leader but are in danger of becoming a symbol of his country's problems.
The government has taken a number of steps to address the situation faced by farmers.
Meet the US Attorney who took on Donald Trump.
One year later, Rediff.com's A Ganesh Nadar travels to Ilavarasan's village, and finds out that cast culture still prevails at its worst in Tamil Nadu
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
