The expert committee shall also undertake the process validation for the resolution plans to be implemented under this framework, without going into the commercial aspects, in respect of all accounts with aggregate exposure of Rs 1500 crore and above at the time of invocation, the RBI said. … [Read more...] about Loan restructuring: RBI sets up panel under KV Kamath to work on resolution plan
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The Congress had welcomed the Supreme Court (SC) judgement on the Ram Janmabhoomi-Babri Masjid title suit case and had said that it was in favor of building a Ram temple. However, according to the report, it has been silent over the bhoomi poojan event. Although senior leaders like Kamal Nath have welcomed the construction, yet Digvijaya Singh has said that Prime Minister Narendra Modi should defer the event citing "inauspicious" timing. … [Read more...] about Ram Mandir Bhoomi Poojan | Criticising event could be misinterpreted: Congress faces dilemma over its stance
Yes, that is true. Successive governments have been hostile towards our condition and our cause has been completely sidelined. For 30 years, we have been at the receiving end of hopeless lip service, dished out by each political party. We are a displaced community within our own country. Even in 30 years of our exile, none of the ruling governments has been successful in providing a sustainable structure for us. … [Read more...] about Kashmiri Pandits have received only lip service from political parties, says author Avanti Sopory
Of late, the market is obsessing less over policy rates and focusing more on other measures being taken by the RBI. Liquidity, indeed, is a vital factor for the market but the central bank can deploy other methods to introduce liquidity in the system. … [Read more...] about Market gives thumbs up to RBI moves, are rate cuts not a trigger anymore?
I have to admit that binge watching three seasons of a superhero show is not exactly my cuppa tea (I gave up on the exciting Turkish show Ertugrul when I got tired of the horses and the melodrama). But, I wanted to be a part of the family where Principal Pierce knows how to handle rough students without giving in to violence, and has retired from Superhero life. No, It’s not like the Incredibles at all. Apart from the fact that he is not your usual white suburbanite lad or a rich white technocrat, but a black family man helps you root for the man. … [Read more...] about Best Netflix movies, shows to beat the monsoon blues this August