'Dharavi Will Be An Important Address In Mumbai'

'A slum free Mumbai cannot happen with Dharavi at the centre of the city.' IMAGE: A scene from Dharavi. Photograph: Arko Datta/Reuters "I don't think we need to romanticise life in Dharavi... I......

India's Defence, Aerospace Exports Treble

IMAGE: Defence Minister Rajnath Singh, seen here with a light machine gun, has much to be happy about his ministry's achievements in self-reliance. Photograph: ANI Photo Painting a mixed picture......

Govt makes it mandatory for armed forces to source military hardware locally

The armed forces will have to source military hardware under the modernisation drive from the domestic industry and their import should only be an exception, the defence ministry said on Monday,......

What 'Hike' In Defence Budget Doesn't Reveal

Even as Chinese troops continue squatting on territory that we claim as our own -- this was the lowest allocation for defence in percentage terms since the 1950s, reveals Ajai Shukla. IMAGE:......

'Crypto is serious threat to financial stability'

'What is this cryptocurrency? Is it a product? Is it a financial product? Is it an asset?' Photograph: Kind courtesy The Digital Artist/Pixabay Shaktikanta Das, governor of Reserve Bank of India......

Analysts remain selective about space-related stocks

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground......

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. Photograph: Rupak De Chowdhuri/Reuters A year later, in......

'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......