Topic: Government banks
Our dark financial tunnel could get longer — that’s the message from bad loans of SBI Cards
TN Ninan -
Credit card debt as a percentage of the total is tiny, but it is expensive credit, and default is usually a sign that personal finances are in trouble.
India is spending trillions of rupees to rescue its banks. This is lunacy
TN Ninan -
The government's approach has been to throw money at the problem and mandate reform from above. The reform never happens, or it does not make a difference.
On Camera
YourTurn
Not Russia, a point-less Wimbledon 2022 affects young tennis players most
Young underdogs have often defeated tennis titans. But Wimbledon 2022 removing ranking points sets them back instead of making a geopolitical impact.
‘All about helping Rajni’ — tech gurus at iSPIRT quietly power India’s digital revolution
With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.
Defence
Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.
With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.