M Narendra Modi, in an oblique reference to the BRI, said any mega connectivity project must respect sovereignty and territorial integrity of the countries involved.
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.
Audience data shows there are now more fans outside South Korea than at home. Like hip hop, there’s no reason why K-Pop can’t have a similarly inclusive trajectory while staying true to its core.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
Without personalising the issue, the reluctance of the Board or even the authorities to act decisively when a detailed, easily verifiable complaint was received two years ago is symptomatic of a larger tendency to sweep stuff under the carpet. The figure of $ 210 billion was much smaller in May 2014. Purposive action to address stressed loans ought to have started with the first Budget and been one of the priorities of the finance ministry. Apart from the odour which men like Vijay Mallya and the James Bondish Nirav Modi bring to the incumbent, the stasis in the banking system, with fresh credit disbursement slowing down, adding to the economic slowdown will hurt electorally. Individuals overshadowing institutions to their detriment is an old Indian affliction dating from the time Ms Chanda Kochhar was in high school.
Without personalising the issue, the reluctance of the Board or even the authorities to act decisively when a detailed, easily verifiable complaint was received two years ago is symptomatic of a larger tendency to sweep stuff under the carpet. The figure of $ 210 billion was much smaller in May 2014. Purposive action to address stressed loans ought to have started with the first Budget and been one of the priorities of the finance ministry. Apart from the odour which men like Vijay Mallya and the James Bondish Nirav Modi bring to the incumbent, the stasis in the banking system, with fresh credit disbursement slowing down, adding to the economic slowdown will hurt electorally. Individuals overshadowing institutions to their detriment is an old Indian affliction dating from the time Ms Chanda Kochhar was in high school.