The proposed bad bank or NARCL will pay up to 15% of the agreed value for the loans in cash and the remaining 85% would be government-guaranteed security receipts.
In its latest Monthly Economic Review, the Finance Ministry said growth of Indian economy by 20.1% in the first quarter was a testimony to India's strong macroeconomic fundamentals.
Finance Minister Sitharaman further said there should be a simple approach between public sector banks so that exporters are not be made to run between banks to scout for better offer.
Without bureaucratic capability, India's plan could become a transfer of taxpayer-funded assets to a handful of businesses. Finding balance between public & private interests is key.
The latest Monthly Economic Review, released by the ministry, stated that there are visible signs of economic rejuvenation since the second half of May.
Finance ministry is yet to finalise modalities to seek approval in Parliament for the sale, which leaves little time for the process to be completed this year.
Mamdani’s politics feels unusual compared to India’s current climate. He unapologetically foregrounds Muslim identity at a time when doing so in India invites scrutiny.
On 4 November 2025, NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member Arun Baroka, noted that WhatsApp and Meta are distinct legal entities.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
COMMENTS