The RBI in September imposed restrictions on withdrawals from PMC accounts after it found alleged irregularities to the tune of Rs 4,355 crore by diverting money to infrastructure firm HDIL.
If previous management of Yes Bank was guilty of hiding its tattered asset quality, the new lot premature hopefulness is thwarting orderly price discovery.
Economic soothsayers may well be right when they predict a pick-up to 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4. The low base will help with that.
Airshows are thrilling spectacles of aviation skill and engineering marvels. But they carry inherent risks as the crew is pushing the aircraft, and themselves, to perform at the edges of the envelope.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Wing Commander Namansh Syal is survived by his wife, their 6-year-old daughter and his mother. Back in his native village, relatives and neighbours wait for his remains for last rites.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Distressing. Demonetisation, announced three years ago, has contributed substantially to this unfortunate development. The management of the economy has been amateurish, as has the entire style of governance. BMKJ.
Distressing. Demonetisation, announced three years ago, has contributed substantially to this unfortunate development. The management of the economy has been amateurish, as has the entire style of governance. BMKJ.