Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Monetary transmission has been an issue for the Indian banking sector.
'Election expenses run into several crores. And that is where people like Dubey come in handy to finance elections, indulge in booth capturing and to do the dirty job of politicians.'
Oppn MP says govt suffering from Cinderella syndrome, while CPI(M) alleges NDA sabotaging Bill
'If there is a technical issue and the borrowers can resolve it within 30 days, you don't have to go through the bankruptcy court.' 'If the borrower is expecting a large disbursal of a facility or expecting a payment or receivables, in such cases it becomes practical to give a window for taking care of such circumstances. 'If banks had aggregated the assets and benefited with a long relationship with borrowers and now when assets get into a trouble, it is incumbent on banks to find resolution and take responsibility.'
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.
At the time of bidding, Amit Bahadur had Rs 4,840 in his bank account.
'But India, increasingly, is not that far behind, which is a story I never expected to tell.'
President Ram Nath Kovind said he was 'a determined champion of democracy during the Emergency' and would be missed by his readers.
The Opposition in the Pakistan Punjab assembly on Tuesday staged a walkout to protest against Saeed's detention.
Manish Sisodia's elevation as Delhi CM would set Arvind Kejriwal free to take up a significant role in national politics, or he could return to activism, says Sudhir Bisht.
'How do we explain that on the economic, internal security and strategic fronts, India's unstable coalitions have acted more decisively and boldly than all our full-majority governments yet?' asks Shekhar Gupta.
At a time when more and more of government spending is done by states, the impression you get from these large advertisements could well reflect the slogan of Emergency days: the nation is on the move, says T N Ninan.
While the formation of a holding company will not outright privatise State-owned banks, officials believe it will help the Centre deflect criticism arising out of the latest banking scams.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
Lunch with BS: Sukhbir Singh Badal, deputy chief minister, Punjab
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
'If the person is silenced, then everyone else is terrorised and won't speak up.' 'See what happened to Kiran Mane, you will face the same fate.' 'They want to send this message to the world through my example.' 'We have to fight this and show that they cannot throttle everyone.'
'Under Modi Ji's 'Jan Dhan Loot Yojana', another scam!' he tweeted.
Reserve Bank of India Governor Raghuram Rajan had said recently that there was "no need" to set up a separate bad bank to deal with stressed assets of public sector lenders.
A move to extend visas on arrival facility to 150 countries and make world heritage sites more tourist friendly has been welcomed.
'...even if they have profound differences. We discuss within our party and with each other, but not openly. We just reminded the BJP that they too, should follow this dharma.'
Kapil Mishra was one of the closest aides of Delhi Chief Minister Arvind Kejriwal. However, in May 2017, the tides turned. A loyalist of the Aam Aadmi Party founder, Mishra shocked one and all by openly accusing him of corruption, a claim that the AAP dismissed. Since then Mishra has become one of the most prominent AAP rebels. In the face of the sit-in by Kejriwal, his deputy Manish Sisodia and ministers - Satyendar Jain and Gopal Rai at Lieutenant Governor Anil Baijal's office, Mishra spoke to Syed Firdaus Ashraf/Rediff.com and said that this is the first time in history that a sitting chief minister of a state in India has kidnapped himself.
Usha Ananthasubramanian said the bank will leave no stone unturned to recover unpaid loans.
Land pooling refers to amassing small land parcels for infra development and returning approximately 60% of the redeveloped land to the original owners
Parties including the Congress, Left, the Samajwadi Party and the Bahujan Samaj Party have written to the Election Commission and the President opposing the advancing of the budget presentation to February 1 before the polls.
The remarks reflect the "arrogance" of the Congress, he said addressing a poll rally on the last day of campaigning for the sixth phase in Haryana's Rohtak.
Bailout packages for fiscally stressed states are in the works, as the government seeks to garner political backing for the key policy reforms it plans to fast-track after the five state elections. A senior finance ministry official involved in the process said a high-level committee under expenditure secretary Sumit Bose had held consultations to identify measures to help West Bengal, Punjab and Kerala.
The government, on its part, is seeking to counter the opposition's offensive by bringing the Fugitive Economic Offenders Bill.
It further said that the loan application form should be suitably modified to incorporate passport details of borrowers.
Current events in Haryana have set the state back 20 years. But this is just the beginning. Let's play a game. Let's try figuring out how much further the state can slide.
West Bengal was the second-most industrialised state in terms of value added and first in terms of number of factories and employment even in the mid-1960s. With a severe and long process of deindustrialisation, it lost its primacy.
Fourteen senior IAS officers were found "absent" during a surprise check conducted by Chief Minister Parkash Singh Badal at the state government's Mini Secretariat in Chandigarh on Monday.
Government to infuse funds in cash-strapped banks.
In some ways, Jyotiraditya parting ways with the Gandhis was similar to the saga of the Gandhis and the Bachchans, largely a story of friendship that turned sour. A fascinating excerpt from Rasheed Kidwai's The House Of Scindias: A Saga Of Power, Politics And Intrigue.
'COVID-19 is just an excuse to pass anti-labour laws.'
'Paying my taxes, diligently repaying my loans, following the rules, scrupulously doing things by the book, when there's this big, beautiful world of unregulated chicanery I could have indulged in for years before just flying off to greener pastures, like Lalit Modi, Vijay Mallya and Nirav Modi,' says Mitali Saran.
Parliamentary Affairs Minister Ananth Kumar said the government is ready for a discussion on the issue of alleged financial irregularities in the banking sector and Finance Minister Arun Jaitley will reply to the debate.
'There are more young people in Assam who are unemployed than possibly anywhere else.'
