Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
Trade between India and Indonesia stands at $20 billion.
Over the weekend and Labour Day, a change seemed to have come over the former secretary and her memory had all but deserted her. Not unexpectedly, Kajal Sharma had lost much of her exactness. Her vocabulary had shrivelled to four or five words.
'They don't always agree with our governments, their teachers or their parents, but it is the conviction of their ideas, and their determination to share them with the world that, I believe, is one of the greatest sources of hope for our planet.' 'The colonisation of space, understanding the very building blocks of matter and the universe, utilising our understanding of the human genome to conquer disease -- these are the tasks waiting for a fellowship of minds to realise new triumphs in our collective destiny.'
'The biggest advantage for India was its seasoned and experienced political leadership who had spent decades struggling against the Raj and had spent years behind bars.' 'Not a single prominent leader of the Muslim League spent one day in jail.' 'Gandhiji, Nehru and Sardar Patel were intelligent, shrewd men with their hands on the popular pulse.'
'The Modi-Xi and Modi-Obama meetings, with an interval of just 12 days, are juxtaposed superbly at a crucial point in the prime minister's life. Can Modi carve out a win-win situation with the superpower and the emerging superpower at the same time?'
In the pitch dark of the African night, a herd of cape buffaloes gather at the watering hole for a drink, taking care to stay by the edge to avoid the crocodiles lurking in the depths. In Gangiova, a village in Romania, a doctor places her stethoscope to the chest of a newborn baby, listening intently for the beating of his tiny heart. These are just some of the moments that have been picked by the judges for the Sony World Photography Awards. For the 2017 competition, photographers entered 227,596 images across the awards' Professional, Open and Youth categories. The Open competition winner will receive $5,000 (Rs 3.3 lakh), Sony digital imaging equipment and flights and accommodation to the awards ceremony at Somerset House in London. Sony World Photography Awards has been kind enough to share some of their shortlisted pieces with us.
The California Superbike School, which has trained many MotoGP and WSBK champions in various countries, will train Indian riders now.
'As Rai spoke, in an unbelievably dead pan, almost off-the-cuff tone, about helping plan the murder of two youngsters, drugging them with vodka and whiskey spiked with dava (medicine), smothering one, dragging a body in rigor mortis out of a car, burning a corpse, destroying evidence, and so on, it felt like he was discussing nothing more surprising than the intricacies of the weather.'
Anup Raaj, 23, describes how Super 30, a free IIT-JEE coaching institute located in Patna, Bihar, changed his life.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Pakistan's dismal public health system is rife with mismanagement and a paucity of resources. Amidst this shambolic system, one hospital in Karachi has been providing specialised healthcare to millions. Free of charge. As the Sindh Institute of Urology and Transplantation celebrated 40 years of successful service, Dr Sanjay Nagral visited the facility and met the man who helms it, armed with the simple philosophy that 'No person should die only because they are unable to afford medical expenses.'
BJP President Amit Shah -- arguably the second most powerful politician in the nation -- granted a rare television interview to the Network 18 group of news channels. Rediff.com's Rajesh Alva checks out what the BJP boss said in this word cloud assessment of the interview.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.
