On Wednesday, the CEO and director of the Bank of Maharashtra were booked in a Rs 3,000-crore default case involving real estate developer DSK Group. The Indian Banks’ Association has condemned the arrests of bankers. Experts weigh in.
With general elections due next year, the bad bank idea looks like a politically expedient proposal of dubious economic merit.
Bad ideas keep returning to...
Despite India's state-run banks being in a rundown condition, the country's rich private banks are keeping investors' belief alive in the Indian economy.
Chanda Kochhar showed a lack of judgment in not recusing herself from the committee that cleared the loan to Videocon. ICICI, with a history of prior bank runs, can't afford a leader who's in the news for all the wrong reasons.
The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
President of India has honoured 16 BSF personnel with gallantry medals for show of exemplary courage in the 87-hour ‘war’ between India and Pakistan that followed the launch of 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.
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