Average delinquency rate for close to 12 months seasoned loans was 9% during 2009.
'India will keep trying to avoid conflict.' 'This is the moment when we draw a line in the sand.'
The cross-Line of Control surgical strikes, policy towards Pakistan, the situation in Jammu and Kashmir, besides One Rank, One Pension and the plight of farmers were also among issues that were raised at the meeting with parties demanding discussion on them.
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
'In this resurgent India, class is the new caste. We are shaken up only occasionally, and briefly, when a battered, tribal teenager from Jharkhand looks us in the eye from our closet,' says Shekhar Gupta.
The markets, at this point, have rallied on the view that the Fed will not budge from the zero-bound as long as inflation remains subdued
Rate cuts are unlikely to be aggressive, in our view.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
A parliamentary panel has recommended replacing the word 'seamen" with 'sea-persons' in the Merchant Shipping Amendment Bill, which aims at governing the welfare of seafarers, to make the legislation gender neutral.
New Delhi has made it clear that any blow to its outsourcing industry would make the country less receptive to helping American companies that run into trouble in India
Tomar had discussed the two proposals with trade unions on June 24 and assured that the government will take at least two weeks to take a decision.
It's such a well-kept secret that even well-heeled financial planners aren't aware of it, says Harsh Roongta.
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
'It is very important for Indian Americans to understand that we need to have as many seats at the table as we can get. I am going to see to it that I am going to get there," Kumar Barve, the longest-serving Indian-American legislator in America, tells Aziz Haniffa/Rediff.com in an exclusive interview.
Under fixed-term employment, workers are entitled to all statutory benefits available to a permanent worker in the same factory. However, employers may not give notice to a fixed-term worker on non-renewal or expiry of his or her contract.
'China is likely to help Pakistan in keeping the fire burning in J&K to bleed India for its own interests.' A fascinating excerpt from Lieutenant General K Himalay Singh's Making of a General: A Himalayan Echo.
To revive BSNL and MTNL, DoT is taking various initiatives.
'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.
'It is likely the government may opt for an IAS officer.' 'For the government, an IAS officer will be more easy to deal with,' notes A K Bhattacharya.
'Evacuating' Devyani's maid's family from India on T visas -- associated with severe sex or labour trafficking... The maximum number of persons thus evacuated by the US from foreign countries last year was from India... A thorough investigation of this is required at India's end,' says former foreign secretary Kanwal Sibal, 'with the US warned that such interference in India's judicial system will not be tolerated.'
'Taranjit has the ideal temperament to deal with the Americans who understand firmness and appreciate flexibility.' 'He can hold his ground with a cheerful face and still make it clear that India and the US are partners, rivals,' says Ambassador T P Sreenivasan.
Calling for availability of all necessary equipment for medical professionals, she said the onus lies on the government to ensure that the spread of infection and casualties are not caused owing to lack of infrastructure or preparedness.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
These banks are finding it hard to pick up seasoned bankers at the pay they are offering
In Madhya Pradesh, the C-Voter poll projections gave the BJP 107 seats with a vote share of 41.5 per cent, against Congress' vote share of 42.3 per cent and a simple majority of 116 seats.
'My sense is that we should be braced for a correction.' 'It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.' 'Use the correction to upgrade the quality of your portfolio,' advises Akash Prakash.
Last week, the Consumer Price Index-based inflation for the month had contracted to 4.4 per cent.
'If Modi sincerely thinks that Dalits are also Hindus then spread this message to the entire nation through programmes like Mann Ki Baat.' 'We would love to listen to the PM tell the nation to look upon us as fellow Indians and human beings.'
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The first phase would comprise universal access to banking facilities. Under this, basic bank accounts with zero balance, RuPay debit card and financial literacy, will have to be completed in the next one year, officials said.
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
The announcement of a deferral is expected to be part of Finance Minister Arun Jaitley's Budget speech on February 29.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
A week after taking office, Arvind Kejriwal and his ministers have ambitious promises to keep.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
'Good economics isn't necessarily bad politics, or vice versa,' says Shekhar Gupta.
Sustained rural poverty can't be eradicated without capacity building.
Instead of mechanically consolidating all labour laws into one, provisions of all labour laws should be relooked in terms of their substance. The irrelevant and archaic provisions have to be fixed, says Aparajita Gupta.
'The bottom line is that disproportionate losses should be avoided at all cost and terrorists should be denied tactical successes that act as opium for them to become bold to achieve perceived victory.' 'This is a long war and instead of rushing to achieve quick success, the objective should be not to give any success to the terrorists in terms of casualties and freedom of movement.' 'Every soldier martyred by terrorists in combat is a moral victory for them,' says Brigadier Narender Kumar (retd).
Calling himself 'Shramik No.1' (Worker No.1), he listed out initiatives taken by his government for the welfare of labourers.
Loan waivers will never be enough. Reforming the agricultural marketing system is essential to addressing the concerns of farmers in a sustainable manner, says Nitin Desai.
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