RBI’s supervisory capacity needs strengthening — including better training, more specialization and longer tenures for officials, among other measures that the bank itself has recommended.
Infosys has to invest in advanced technology and skills to capture new opportunities. That includes pumping more money into technologies such as the Internet of Things, retraining employees, localising its workforce in the US and building up sales staff.
The weak performance of the Hambantota port has fueled the impression that it simply serves China’s broader strategic interests to secure crucial trade routes and international supply chains.
The founders had taken at least 5 billion rupees of Fortis Healthcare’s cash without board approval. The market regulator, and India’s Serious Fraud Investigation Office, are looking into the company and auditors have refused to certify financial results.
The one-day summit in Stockholm is an opportunity for Nordic businesses to sign trade deals with the Modi govt, which has been resistant to deals that could flood India with foreign goods.
Companies including Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. will have bear a loss of up to 1 rupee per liter on sale of diesel and gasoline.
Like Turkey and Egypt, Pakistan is one of a handful of powers with the human resources and infrastructure to help secure the Persian Gulf as Trump’s America draws down its military presence.
ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
What the column does not touch upon is the role a sickening economy is playing in exacerbating the problem of NPAs. These have grown from about two trillion in 2014 to about ten trillion today. Whole sectors – banking itself, steel, telecom, power, real estate – are in trouble. A strongly growing economy would have mitigated the problem to some extent. Addressing the issue head on four years ago would have been the right thing to do. 2. The original complaint of 2016 was remarkably clear and detailed. There is no way either the ICICI Board or the RBI or the other regulatory / enforcement authorities to whom it was sent could have glossed over it, absent a fervent desire to shield Ms Chanda Kochhar.
What the column does not touch upon is the role a sickening economy is playing in exacerbating the problem of NPAs. These have grown from about two trillion in 2014 to about ten trillion today. Whole sectors – banking itself, steel, telecom, power, real estate – are in trouble. A strongly growing economy would have mitigated the problem to some extent. Addressing the issue head on four years ago would have been the right thing to do. 2. The original complaint of 2016 was remarkably clear and detailed. There is no way either the ICICI Board or the RBI or the other regulatory / enforcement authorities to whom it was sent could have glossed over it, absent a fervent desire to shield Ms Chanda Kochhar.