Monday, 17 January, 2022
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Economy

Selling IDBI stake to LIC is not medicine, it’s bureaucratic quackery

LIC’s customers signed up to protect their own lives – not that of a dying financial institution.

RBI quietly buries Rs 1,000 notes even as ATMs struggle to dispense Rs 200 notes

Months after demonetisation, cash injection efforts still sluggish, experts warn it could affect economy. New Delhi: More than 18 months after demonetisation, efforts by the...

How Bank of Baroda beat India’s worst bond-market rout in two decades

Bank of Baroda official Kamal Mahajan says it all began with a contrarian bet taken two years ago. Kamal Mahajan says he’s being asked just...

Deserted Jharkhand power plant is a $38 billion warning for Indian banks

Banks have had to write off three quarters of loans, after selling the operating company of the Jharkhand power plant.

Three kids, a flute and the Singapore-India feud

A minor domestic quarrel has turned into a major court battle over who gets to trade the benchmark Indian index.

Google takes on Facebook in India with hyper-local network Neighbourly

In an era of fake news, trolling and privacy concerns, Neighbourly could help Google take on Facebook and WhatsApp. A Mumbai train commuter who witnessed...

Bhutan was so scarred by Modi’s demonetisation it is still scared of Indian rupee

While there have been rumours suggesting a second demonetisation, possibly targeting the Rs 2,000 note, the Indian government has rejected them.

China accuses US of trade ‘abuses’ as India hits back at Trump

China says will hit back if the latest tariff threats from Trump materialize, while India slaps retaliatory levies on US goods.

Modi govt will have to depend on PMEAC and NITI Aayog after Arvind Subramanian’s departure

With elections due in 2019, there may not be many takers for CEA job; officials say vacancy may not hurt much.

Modi’s move to decide farm prices will set direction for India bond markets

Move is raising red flags for bond investors given its potential to harm inflation management and government coffers.

On Camera

YourTurn

Army chief Gen M.M. Naravane addressing the annual press conference on 12 January | ANI

Many good reasons to demilitarise Siachen. But India-Pakistan ties too torn to allow it

After 10 years, India has spoken about Siachen. Army chief General Naravane said that the country wasn’t opposed to demilitarisation of the glacier.

RBI proposes changes to valuation of bank investments, relaxing of investment class rules

A Reserve Bank of India discussion paper Friday suggested removing caps on the Held-To-Maturity class of securities, and allowing more types of instruments to be held within them.

Defence

File photo of Indian and Chinese troops disengaging from the banks of the Pangong lake area in eastern Ladakh | ANI

These Chinese fears about India ‘choking’ key road are holding up Hot Springs disengagement

A 13-hour meeting of Indian and Chinese military commanders held last week ended without an agreement, and further talks are expected to be held.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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