In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the high court in London upheld an application to amend their bankruptcy petition, in favour of waiving their security over the embattled businessman's assets in India. Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs handed down his judgment in favour of the banks to declare there is no public policy that prevents a waiver of security rights, as argued by Mallya's lawyers. At a virtual hearing, July 26 was set as the date for final arguments for and against granting a bankruptcy order against the 65-year-old Mallya after the banks accused him of trying to "kick matters into the long grass" and called on the "bankruptcy petition to be brought to its inevitable end".
Chandra Shekhar Ghosh started the micro-lending unit Bandhan in 2001 with only two employees in Howrah.
Banks had approached the Reserve Bank of India for such a clause for all BPLR-linked loans, which would have otherwise forced them to administer two types of benchmarks -- base rate and BPLR -- for many years if a borrower refused to switch to the base rate.
An extradition expert in the UK said the strict social distancing norms in place to try and curb the spread of COVID-19 may add a further dimension to the UK's Article 3 obligations under the European Convention on Human Rights, relating to inhuman and degrading treatment or punishment.
Prakash Javadekar said the forest cover in the national capital has increased since then and public transport system has also improved.
Vodafone Idea on Monday paid Rs 2,500 crore to DoT and promised to pay another Rs 1,000 crore before the end of the week.
ED has approached the MEA seeking initiation of deportation proceedings against liquor baron Mallya
Arsenal manager Arsene Wenger spoke last week of his desire to keep the 24-year-old Oxlade-Chamberlain, who was also a target for champions Chelsea.
Government's move to hire UK arbitrator follows poor track record of India in extraditing offenders from Britain
The offer will be available for all customers who avail of at least a part of the loan by June 30.
Liquor baron Vijay Mallya's passport has been suspended.
In an interim order, Justice C Hari Shankar also restrained Gokhale from posting scandalous tweets against Lakshmi Puri and her husband Union minister Hardeep Singh Puri during the pendency of the defamation suit.
Amid the growing queues of ambulances waiting for patients to be admitted with ventilators and oxygen, only time will tell if the state government has lost the plot or not.
Confiscation of the tycoon's properties will start from February 5.
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A consortium of Indian public sector banks led by SBI sought a bankruptcy order against embattled liquor tycoon Vijay Mallya during a high court hearing in London on Wednesday as part of efforts to recoup around 1.145 billion pounds in unpaid loans. Mallya's legal team, led by barrister Philip Marshall, argued for the bankruptcy petition to be dismissed because their client was being unfairly pursued by the banks in India and the UK on opposing grounds.
'I told the ICC members that we had been suffering huge losses since the last nine years cause India was just not ready to play with us as per the bilateral calendar'
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
The PM has demonetised high currency notes to waive off Rs 1.14 lakh crore loans of industrialists and he is now planning for another waiver of Rs 8 lakh crore, he said.
The Central Bureau of Investigation (CBI) had told the finance ministry some "well-known" companies in the power, oil, and telecommunications sectors were involved in round-trip trading by indulging in third-party transfers in violation of law.
As per the will, Hardik has Rs 50,000 in his bank account, of which Rs 20,000 will go to his parents and the rest to a Panjrapole near his native village in Gujarat.
To a specific question on the change in RBI's stance from "neutral" to "accommodative", Das said it means that there will not be any rate hike from here on.
For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.
'My biggest fear is if I get infected will I get admission in a good hospital and how much money will the hospital charge for my treatment.'
A staunch defender of demonetisation, it would be interesting to see how he handles the government's increasing demand for more cash from the RBI, and letting some weak banks get out of prompt corrective action.
'When the country is jobless, why should I pay through my nose to feed these people who want some perks in office?' 'Let them also join India's unemployed.' 'Let them also taste the bitter medicine of being jobless.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
News of all that's transpired on and off the football field.
Images from the football matches played across Europe on Sunday.
Realty players want single window clearance for all affordable projects, reports Karan Choudhury.
Chelsea reached the League Cup quarter-finals thanks to two own goals in a 3-2 win over second-tier Derby County on Wednesday as Frank Lampard's return to his former club ended in disappointment.
For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.
Images from Saturday's action in the English Premier League.
The UK Crown Prosecution Service said Mallya's appeal to certify a point of law was rejected on all three counts, of hearing oral submissions, grant a certificate on the questions as drafted, and grant permission to appeal to the Supreme Court.
'It is not simply demonetisation or GST, it is this government's failure to manage the financial sector crisis.'
We bring you a presentation of some of the best photos from around the world in the month gone by
The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.
