Praneeth Kumar Acholu

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Special category status: Time-bound, target-based system may be what Andhra Pradesh – and BJP – need

If the impasse continues, the BJP risks being sidelined in the state in the 2019 elections – the way the Congress was in 2014.<p>The denial of special …


Why 35000 Maharashtra farmers have marched to Mumbai, explained

Estimated to be between 30,000 and 40,000 in numbers, the farmers of Maharasthra have marched to Mumbai demanding that they be given what was …

Xi Jinping

Public sector banks stare at mounting losses, capital erosion

The increase in bond yields has hit most banks hard in this fiscal, but the villain of the piece is rising bad loans


Bifurcation and blame: on granting Special Category Status to States

The bifurcation of Andhra Pradesh by the United Progressive Alliance (UPA) government has left a troubled legacy. The then Prime Minister Manmohan …


Victims of crony capitalism

After the news of the Nirav Modi fraud broke out, many analysts, economists and businessmen, have suggested that the business of the government …

State Bank of India

Forget steel and aluminum, the real trade war is still to come



Tax No Hurdle to India Stock Funds as Local Flows Accelerate

Investors in Indian equity funds are keeping faith, unfazed by a planned tax on stock holdings, a bank fraud scandal and turmoil in global …


Banks' gross NPAs at Rs 8.41 lakh cr in Dec 2017, SBI at top with Rs 2 lakh cr

The gross non-performing assets (NPAs) of all the banks in the country amounted to Rs 8,40,958 crore in December, led by industry loans followed by …


Trump's tariffs: How would the new trade plan work?

WASHINGTON — President Donald Trump signed proclamations Thursday imposing new tariffs on imported steel and imported aluminum as he made good on years of fiery threats to confront allies and rivals alike on trade policy.<p>Trump's plan has unsettled stock markets and scrambled political alliances, …


Why Is India Turning Away Bond Buyers?

The country's fear of foreign capital is irrational and self-destructive.<p>Hoping to jump-start its "Make in India" manufacturing push, India's government has rolled out the welcome mat for foreign investors. It should consider doing the same for global bond buyers.<p>Indian bonds are, at the moment, …


Interest Rates And Stock Prices: It's Complicated!

Jerome Powell, the new Fed Chair, was on Capitol Hill on February 27, and his testimony was, for the most part, predictable and uncontroversial. He …


Spreading its digital success story could be India’s unique contribution to the world

Digital technology is helping transform India from a developing country to a great power. Prime Minister Narendra Modi understands that digitisation …

So, how did they ponzi it?

Manufacturing sector reported loss of 87,000 jobs from April to June 2017: Labour Bureau data

There was a loss of 12,000 jobs in the corresponding period in 2016.<p>The manufacturing sector reported a loss of 87,000 jobs between April and June …

Manufacturing Policy

RBI's New Norms On Bad Loans A Wake Up Call For Defaulters, Says Government

Financial Services Secretary said the RBI's decision would not have much impact on provisioning norms for banks.<p>New Delhi: In a bid to hasten the …

New Delhi

RBI overhauling bad loan rules is a wake-up call for banks, says DFS secy Rajiv Kumar - Firstpost

<b>New Delhi:</b> Expressing the government's firm commitment to deal with the NPA problem, Financial Services Secretary Rajiv Kumar said on Tuesday that …


Reserve Bank of India announces new bad-loan-resolution framework | Reuters - Firstpost

This story has not been edited by Firstpost staff and is generated by auto-feed.<p>Published Date: Feb 12, 2018 23:45 PM | Updated Date: Feb 12, 2018 …


Modicare: A scheme for Bharat that India may like to pay for

It is not often that Indian residents want to on-board a scheme for Bharat. If the Rs 5 lakh sum insured under Modicare for 500 million Indian poor …

Health Care

Rafale: With U-turns and confidential deals, BJP really has become Congress plus cow

Can Rahul Gandhi take advantage of the turning tide?<p>The Bharatiya Janata Party has never looked more like the Congress than it did last week. After …