NBFCs fund a wide range of businesses. Any setback would not bode well for an economy already heading for its worst annual contraction since the 1950s this financial year.
The government has been very supportive of the NBFC sector. All it needs is to take other public institutions along and ensure no loss of intent in execution.
Assam CM Himanta Biswa Sarma's Hindu-Muslim polarisation is clearly done to maximise the odds of winning. But an important legal question is: does it expose him to legal liability?
The 7 February incident involving Tejas aircraft caused severe damage to its frame. IAF and HAL are working together as part of the Board of Inquiry (BoI) to probe the incident.
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