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Stalin goes with experience, expertise

Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya......

Stalin keeps home portfolio, PT Rajan gets finance

Dravida Munnetra Kazhagam president M K Stalin's cabinet, including him, would be 34-member strong and he has retained senior leaders like Duraimurugan and 15 shall be ministers for the first time.......

'TN's finances are a mess, it's not going to be easy'

'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.''We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance......

The man who will be the DMK's finance minister

'The state's finances are in a mess...we are in a debt two-and-a-half times our annual budget.'From my perspective, distributing cash to voters is a dying business, not because of morality, but......

After Lehman Brothers and StanChart, it's DMK time!

Why is an NRI banker with an MBA from MIT canvassing votes in Madurai?Saisuresh Sivasawamy/Rediff.com A Ganesh Nadar/Rediff.com reports. IMAGE: Palanivel Thiagarajan has a ready smile, and......

Tough Times Lie Ahead For Banking Sector

For the banking system a new cycle starts in FY2024.It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay. IMAGE: Finance Minister Nirmala Sitharaman......

Lessons For Banks To Learn From SVB Collapse

The difference between what the banks play in the US and India is not that of soccer and football, but rugby and football.But when risks are mispriced, the fallout could be very similar, points out......

'RBI should pause rate hikes'

'It will send a very strong signal that it is now our time to grow.' Illustration: Uttam Ghosh/Rediff.com Days after Prime Minister Narendra Modi exhorted the private sector to increase capital......

How Adani Saga Affects Indian Banks

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much......

Why Bank HRs Are Under Pressure Suddenly

Employees across segments, including those involved in specialised jobs such as technology, compliance and risk management, have started leaving the bank fold in hordes, observes Tamal......

'It is very difficult when you don't have work'

"You have an MBA from IIM-Ahmedabad. You worked in a bank in New York. What made you give up all that and pursue acting?"'A little bit of courage and a lot of stupidity.' IMAGE: Mukul Chadda who......

Is Lehman's son ready to fill vacant No 6 spot?

Son of 'Boof' has Maxwell looking over his shoulder IMAGE: Jake Lehmann of the Redbacks bats. Photograph: Mark Metcalfe/Getty Images. Ashes auditions for Australia's vacant number six spot have......

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