In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through securitisation.
The poor and unbanked can take their rightful place as consumers of financial services only if the Modi government encourages different entities to advance the financial inclusion agenda, say Vikram Gandhi & Chandni Ohri.
Despite Prime Minister Narendra Modi's tall claims that no one has served nature more than India, some of the steps taken by his BJP government proves that the ground reality is exactly opposite, says Devanik Saha.
Five inspiring women who travelled thousands of miles to Hyderabad recently to grow their business and skills share their tales of global entrepreneurship. Vaihayasi Pande Daniel listened in.
Aditi and Akshay Maliwal are mentoring young sports athletes from Asia to get through to top US universities.
The ICC Board, at its first meeting of 2016 in Dubai on Wednesday, considered amendments made to the ICC's constitution in 2014 and agreed that, in order to avoid any potential conflicts of interest and follow best practice principles of good governance, it will seek to re-establish as quickly as possible the 'independent' position of ICC chairman.
This does not mean isolating parochialism but of new way of thinking about economic systems, says Rajni Bakshi.
US Congresswoman Tulsi Gabbard, newly elected co-chair of the influential Congressional Caucus on India and Indian-Americans, discusses her vision for US-India ties with Rediff.com's Monali Sarkar.
Analysts say the Sun Network's fundamentals may be sound but the troubles faced by Maran have caused a lot of volatility.
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.
'Poverty-stricken and drought-affected families in Bundelkhand and Marathawada are selling their children for as little as a few hundred rupees.'
'I sat down and asked them what they would want in their new school. One student said a football field, another one asked for computers. One little girl came and sat next to me and said, "A separate toilet for the girls." I think these small things make a huge difference in the future of education in India,' Nita Ambani tells Aseem Chhabra/Rediff.com
Dissident Aam Aadmi Party leaders Yogendra Yadav and Prashant Bhushan on Monday hit back at the party leadership, claiming that it indulged in "gross violation" of the constitution and accusing national disciplinary committee members Pankaj Gupta and Ashish Khetan of accepting donations from dubious companies and doing a 'paid news' story favouring a company.
Choose insurance from stable companies that have been in the business for a long time
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Home Minister Rajnath Singh on Monday asked the Delhi police to extend full support to the Arvind Kejriwal government
The new government has to make conscious efforts to rebuild social equality and bring the people together.
Anti-conversion laws are needed since thrusting the idea of a competitive battlefield of religion onto India's pluralistic traditions can only lead to greater communal conflict, says Sankrant Sanu
Former Watson Fellow and social entrepreneur Srikar Gullapalli talks about the issues affecting India's growth and tells us why he wants more people to actively participate in building a bright future and put India on the global map.
'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
'If the Nairs split between Shashi Tharoor and the BJP candidate, O Rajagopal and the Nadars combine with the Leftists and the Christians to vote for the CPI candidate, Bennet Abraham, what would happen to Tharoor. It is presumed that the voters do not cast their votes, they vote their castes,' says Ambassador T P Sreenivasan
'The strategy has to be restoring order in one part and countering the very effective propaganda through a very nimble monitoring and response system,' says Lieutenant General Syed Ata Hasnain, who retired as the General Officer Commanding of the Srinagar-based 15 Corps.
'The diplomat's arrest has led to a major diplomatic spat, the likes of which I have not seen in my nearly three decades of covering the US-India relationship, says Aziz Haniffa. 'The knee-jerk reaction by the powers-that-be in Delhi was myopic to say the least.'
'Having a voice at the table means the other side has to show up to listen. It became clear that wouldn't happen,' says actor Maulik Pancholy, one of the 10 members who resigned from the US president's advisory commission on Asian Americans.
Ranjita Ganesan and Nikita Puri chronicle the journey of Abhishek Poddar, one of India's leading art patrons.
A disparate global network of violent fundamentalist Islamic groups threatens India's eastern flank as much as the north and west with a real possibility of these spilling over into our borders, says Shyam Saran.
Nandan Nilekani and his wife Rohini are trying to improve education across India.
The first 100 days of any government should be a period when it is allowed to get its act together, with no media pressure for faster, higher, says Indira Jayaraman.
Attacking the note ban move, Yechury said the PM's assertion that it will impact terror funding has not yielded any result.
Modi cannot afford to fail the Indian people and in return the Indian people cannot fail Modi. There is too much riding on this equation for failure to be an option. There is too much invested in this relationship for it to splinter, says Vivek Gumaste.
Congress Vice President Rahul Gandhi on Wednesday launched a stinging attack in the Lok Sabha on Prime Minister Narendra Modi accusing him of releasing Pakistan from a small "cage" in which it was put after the 26/11 attacks by his sudden visit to Lahore and bringing a "fair and lovely" scheme to launder 'black' money.
'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?'
The Forbes 30 Under 30 list is harder to get into than Stanford or Harvard University. Meet the desis who made the cut this year.
Three years after the horrific massacre of Sikh worshippers at the Oak Creek, Wisconsin, gurdwara by a gunman with ties to supremacist organisations, a federal system to help track hate crimes against Sikhs, Hindu, Arab American communities has been formalised.
Satyarup Siddhanta has just one mountain to go before he completes the Seven Summits, the tallest mountains in each of the seven continents.
State government announced ex gratia for kin of those who lost lives.
Talmiz Ahmad is a former Indian ambassador to Saudi Arabia, Oman and the UAE. In an interview with Aditi Phadnis, he says the disequilibrium in Iraq will continue to prevail. Ahmad also says there are indications that the US is now anxious to avoid intervening militarily in West Asia, and that this is the appropriate moment for Asia to assume responsibility for its own security. Edited excerpts:
Fascinating insights about PeeCee from her mom, Dr Madhu Chopra.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
