Thursday, 23 May, 2019
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The portrait of Mahatma Gandhi is displayed on an Indian 2000 rupee banknote in an arranged photograph in Bangkok, Thailand

Rupee is Asia’s best performing currency but expected to weaken after polls

The currency has shown a tendency to flip directions after polls have been completed, according to a study.
Rashesh Shah, chairman and chief executive officer of Edelweiss Financial Service Ltd

India is a self-correcting country, the bad-loan crisis shows that, says Edelweiss’ Rashesh Shah

Edelweiss co-founder Rashesh Shah says the Indian market is highly volatile but is on a good long-term trend given it's self-correcting tendency.
Edelweiss

In rare move, India’s top bad-debt buyer eyes consumer loans

Edelweiss plans team to manage retail loan portfolio.

$210 billion of Indian bad debt lures funds hunting for returns

Banking sector in India is coping with about $210 billion of problem loans, a legacy of a borrowing spree following the global financial crisis and an economic slowdown after that.

On Camera

aap

Is AAP’s Arvind Kejriwal also guilty of treating Muslims as an unthinking votebank?

Days after Delhi voted in the Lok Sabha elections, AAP convenor Arvind Kejriwal said the Muslim vote “shifted” to the Congress at the last minute.

Defence

A Rafale fighter jet, manufactured by Dassault Aviation SA

Break-in at IAF’s Paris office handling Rafale procurement, cops probe espionage angle

The IAF's office in Paris houses the team that coordinates with Dassault Aviation on manufacture of Rafale jets and the weapons package onboard the aircraft.
Prime Minister Narendra Modi in Varanasi in 2014 | Commons

Pracharak Modi: The mask you see, is the man you get

India has its first leader who is unapologetic about belonging to the social and political Right. This is how Shekhar Gupta foresaw Modi’s five years in this National Interest within three months of his victory in 2014.