The CBI is probing Videocon's Dhoot for allegedly investing in Deepak Kochhar's company after receiving a multi-crore loan from ICICI Bank in 2012.
State Bank of India filed an insolvency petition against Videocon. The TV maker filed an appeal to get back control, blamed India and Brazil for bad debt pile.
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TN Ninan -
What ‘strong currency’ policy framers ignore is that almost every nation with a successful long-term record of development has pursued a ‘weak currency’ policy to win export markets.
The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.
DRDO calls flight a significant step towards self-reliance in defence technologies; Defence Minister Rajnath Singh lauds achievement, says ‘it paves way for Aatmanirbhar Bharat in critical military systems’.
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.