Addressing the Congress Parliamentary Party meeting in Parliament House, she also attacked the governor of the state, Bhagat Singh Koshyari, saying he had acted in an "unprecedented and reprehensible manner".
The statement, issued after the 2-day meeting of the 6-member Monetary Policy Committee of the Reserve Bank of India, also said that recapitalisation of public sector banks along with resolution of stressed assets under the Insolvency and Bankruptcy Code (IBC) will create demand for fresh investments.
The agenda for the year 2020 is well laid out -- launch of UDAY 2.0, installation of smart pre-paid metres, prompt payment by discoms, making coal available for short term and reviving gas based plants. But, it has to ensure effective implementation of various policy tweaks done so far.
Social workers and psychiatrists say efforts are not being made to gather and scrutinize statistics of South Asians, including Indians with suicidal problems.
'The finance ministry and public sector banks have tried to keep the names of wilful defaulters secret.' 'Secrecy and concealing information are inbred among banks and even the RBI,' observes Debashis Basu, editor, www.moneylife.in.
His statement assumes significance in the wake of a row over the Centre's refusal to accept the United Arab Emirates' reported offer of Rs 700 crore to the flood-hit state.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
Moody's Investors Service on Thursday downgraded subordinated debt ratings of 11 Indian banks, including SBI, ICICI Bank and HDFC Bank.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.
'Kindly have us airlifted at the earliest. We are in a very bad situation here.'
India's lack of financial inclusion is well known but that slightly more than 50 per cent of the population just has a simple savings bank account is distressing.
According to the RBI's Financial Stability Report, the industry's gross bad-loan is at a 14-year high. As RBI's March 2017 deadline for banks to clean up soured credit looms closer, Shailajanand Mishra takes stock of just how bad the situation is.
The formula for success of farm economy is very simple -- farmers should be able to produce more from the same piece of land at reduced cost while minimising risk and be connected to market to get higher realisation for their produce, points out Siraj Chaudhry.
The young are most vulnerable to self-harm and suicidal ideas at this time.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
An American university, whose Indian students faced deportation in recent weeks, has blamed Air India and some of the deported students for the prevailing confusion on the issue.
Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
He added that the risks can increase if the Chinese slowdown gathers more speed.
"We have to make government responsible for this," the bench said and asked, "Why can't govt machinery stop stubble burning?"
Indian economy is expected to expand at 8.5-9 per cent over 10-15 year time frame once the structural issues hampering growth are addressed by the government.
Punjab government on Friday said that the Centre was making all efforts to locate the whereabouts of the 39 Indian youths who had been held hostage for nearly a year by ISIS militants.
You can improve your chances for high marital quality by using the power of 'thank you' as a recent study suggests that showing gratitude and believing that your partner values you, directly influences how you behave in your marriage.
What's even more worrying is the age distribution.
'I don't think Siddhartha has done anything wrong. He has not managed his debt well. In any case, he is not the best example of the system going wrong or the system pushing him hard. I think on that particular day, he was depressed and took an impulsive decision. It will be unfair to blame the system.'
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
'The Make in India target of getting manufacturing to account for 25% of GDP by 2022 is quite impossible to achieve.' 'As for the role of technology in the average Indian's life, it is still quite basic -- mobile phones and Mars successes notwithstanding,' says T N Ninan.
The move will have cascading effects for lot of related sectors
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
Cancer cells thrive in acidic environments.
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