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Bridging The Gap
For Indian banks, the worst of their bad loan woes may be yet to come. For Indian banks, the worst of their bad loan woes may be yet to come.
MUMBAI: Just when many Indian banks thought the worst of their bad debt woes were behind them, new central bank rules are stoking fears that the worst of the soured-loans buildup is yet to come. The Reserve Bank of India (RBI) surprised the financial sector this week by halting all of its existing loan-restructuring mechanisms with immediate effect, and rolling out new rules that will push mor...
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Days after Srinagar hospital attack, Muneer Khan removed as IG Kashmir | India News. Days after Srinagar hospital attack, Muneer Khan removed as IG Kashmir | India News.
Days after Srinagar hospital attack, Muneer Khan removed as IG Kashmir Muneer Ahmad Khan, ADGP, who was also holding the charge of the post of IGP Kashmir, was posted as ADGP Home Guards and Security. (Source: Express photo by SHUAIB MASOODI) The Jammu & Kashmir cabinet on Thursday ordered a big reshuffle in the police department replacing Muneer Khan with Swayam Prakash Pani as the Inspector G...
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India Budget: Balanced but NOT a boon for real estate. India Budget: Balanced but NOT a boon for real estate.
MUMBAI 2 February 2018: All eyes were on the Indian Finance Minister Arun Jaitley as he delivered his fifth full Union Budget – the last one before the general elections in 2019. As expected, the budget turned out to be populist and sounded excessively cautious while the need of the hour was to provide a positive boost to the economy, which is reeling under the pressure of structural changes and p...
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Arunima Sinha: Compensation for India's Everest climbing amputee. Arunima Sinha: Compensation for India's Everest climbing amputee.
An Indian mountaineer, who lost a leg resisting robbers in a moving train in 2011, has won a prolonged legal battle to get compensation from the railways. Arunima Sinha's lawyer said the railways initially refused to recognise Ms Sinha as a passenger and even blamed her for the accident. The legal victory came after a seven year battle in the railway tribunal. Ms Sinha became the world's ...
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India Must Be A Statesman And Not A Salesman: Uday Kotak At Davos. India Must Be A Statesman And Not A Salesman: Uday Kotak At Davos.
As the world leaders await to hear Prime Minister Narendra Modi's vision for India's engagement with the world, Indian CEOs today made a strong pitch for a statesman like position for the country to counter the protectionism and domestic rhetoric likely to be presented by countries like the U.S. Eminent banker Uday Kotak, a Davos veteran who has been attending the World Economic Forum Annual Me...
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In Budget 2018, India wants more tax relief, funds for job-oriented skills: Survey. In Budget 2018, India wants more tax relief, funds for job-oriented skills: Survey.
In less than a fortnight Finance Minister Arun Jaitley will present the Union Budget 2018-2019 on February 1, the last regular Budget under the Narendra Modi government. Public expectation, therefore, is high from the Modi government on issues such as tax exemption limit and skill development, according to a survey carried out over a period of three weeks and receiving 1.25 lakh votes from more...
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Income Tax dept attaches 900 benami properties worth over Rs 35 billion. Income Tax dept attaches 900 benami properties worth over Rs 35 billion.
I-T Department said in a statement that it has stepped up action under the Prohibition of Benami Property Transactions Act The Income Tax (I-T) Department on Thursday said it has attached more than 900 benami properties including flats, shops, jewellery and vehicles worth over Rs 35 billion. I-T Department said in a statement that it has stepped up action under the Prohibition of Benami Property...
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Huge scope for Sino-India cooperation, says CPC panel member. Huge scope for Sino-India cooperation, says CPC panel member.
MUMBAI: A member of the Central Committee of the Communist Party of China (CPC) today said China and India are neighbours because of "good karma" and called for strengthening communication between the Asian giants. Meng Xianfeng said New Delhi and Beijing should work simultaneously at bilateral and multilateral fronts to manage their differences and also promote a just global order. "We can sa...
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2017 TOP STORIES: Angie’s List becomes part of ANGI. 2017 TOP STORIES: Angie’s List becomes part of ANGI.
Colorado-based ANGI Homeservices Inc. debuted on Oct. 2, completing New York-based IAC’s $505 million acquisition of Angie’s List, which it then merged with its HomeAdvisor brand into the new publicly traded company. The Angie’s List brand survived the merger (as did the HomeAdvisor brand), although the Indianapolis operation suffered deep cuts. From January through the end of September, roughl...
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Dalai Lama suggests inclusion of ancient Indian knowledge as academic subject. Dalai Lama suggests inclusion of ancient Indian knowledge as academic subject.
Tibetan spiritual leader the Dalai Lama today suggested the inclusion of the ancient Indian knowledge as an academic subject in the existing education system in the country. He said that the education system should also take care of the physical development as well as the ‘inner’ well-being of students by training their minds. “We should include in education, the inner values without touching r...
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