The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a stern warning, saying the RBI is closely monitoring these areas and will not hesitate to take appropriate action, if necessary, if the culprits don't opt for self-correction. Watch out for some action, soon, notes Tamal Bandyopadhyay.
Soccer's player transfer system will be in the spotlight and could even be on the brink of collapse on Friday when the Court of Justice of the European Union (CJEU) announces its ruling on former France player Lassana Diarra's case against FIFA.
The Bangladesh bowlers have the ability to spice up things but against India's formidable lineup, they would need plenty of runs on the board.
Some of the proposed policies have been welcomed by pilots and cabin crew, while others have sparked criticism.
Military officials released new video on Monday of a close encounter between a Russian fighter jet and a US Air Force F-16 interceptor near Alaska, Associated Press has reported.
Tata group has been a constant in India's sporting landscape and the conglomerate's involvement only grew under Ratan Tata.
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
Capital markets regulator Sebi on Monday cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds and portfolio management services in terms of flexibility in asset construction. The minimum amount of Rs 10 lakh can be invested for the new asset class per investor across all investment strategies of the new product in a particular AMC.
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
'I never imagined that a boy from the footpath could receive such a big honour.'
England enjoyed a 3-1 victory over Finland thanks to goals from Jack Grealish, Trent Alexander-Arnold and Declan Rice.
India and France are negotiating the deal for buying 26 Rafale Marine jets which are going to be deployed on the INS Vikrant aircraft carrier and different bases.
Babar Azam announced that he will be stepping down as the white-ball captain of the Pakistan cricket team, wicketkeeper-batter Mohammad Rizwan is likely to take his place
Inflows into gold exchange-traded funds (ETFs), which manage a total of Rs 37,390 crore, have surged sharply in recent months. This trend is likely to continue, especially after the reintroduction of long-term capital gains tax (LTCG), which is likely to attract smart money into mutual fund offerings amid a robust outlook for the yellow metal. Smart money, also known as opportunistic flows, refers to strategic investments that are generally of a short-term horizon.
President Droupadi Murmu on Tuesday said cyberattacks have emerged as a major threat to national security and the civil services and armed forces must join hands to create a secure nationwide system capable of thwarting them.
'Till a few years ago, girls wouldn't take an autorickshaw alone. Now, things have improved.'
Erdogan's skipping of the Kashmir reference is being seen as an apparent shift in Turkiye's stance and comes at a time when the country is trying to become a member of the BRICS grouping to forge alliances beyond the West.
'I think what Rahul Gandhi has done has also been very impressive because there was a point where people were disrespecting things he was saying and things he was doing. And I think he's turned that around by working very hard, in a very interesting way'
'Though a foreigner on campus, she carried herself with confidence.'
ndia will not get a better opponent than New Zealand, which is not a fancied side like its Trans-Tasman neighbour. But the two-time runners-up are as tough as nails.
'I won't name her; she's very successful and experienced.'
Qaouk was a commander of Hezbollah's preventative security unit and a member of their executive council.
There is no shortage of books on the Microsoft founder, but this latest one is different in that it paints Mr Gates in shades of grey, leaving it to readers to make their own judgement about the man
'I have no regrets, I wouldn't change a thing.'
Rammu Guru, the head priest of the temple, said, "Sai Baba was being worshiped without proper knowledge, which is forbidden according to scriptures."
The England and Wales Cricket Board (ECB)'s financial projections on the prof itability of its pet project 'The Hundred' is largely "disconnected from reality" reckoned Lalit Modi, who conceptualised the vastly successful Indian Premier League (IPL) in 2008.
'In my opinion, the period between 26 and 34 years is your prime, and thereafter, the fitness of the players will ensure their longevity.'
A day after killing of Hezbollah chief Hassan Nasrallah in an airstrike in Beirut, Israel conducted widespread strikes in Lebanon on Sunday, killing over 100 people. The Israeli Air Force (IAF) also launched airstrikes on military targets in Yemen, specifically targeting Houthi-controlled sites, including power plants and a seaport.
The Supreme Court on Thursday said constitutional courts cannot allow provisions of the Prevention of Money Laundering Act to become instruments in the hands of the Enforcement Directorate to continue incarceration for a long time.
'I don't think I ever lost the confidence as an actor.'
Nadeem clinched the gold medal with a stunning Olympic record throw of 92.97m while defending champion Chopra took the silver
Sri Lanka stayed on course for victory against New Zealand in the opening test in Galle despite Rachin Ravindra's unbeaten 91 on Sunday.
Dilip, who replaced R Sridhar as India fielding coach during Rahul Dravid's stint as head coach, continued in his role when Gautam Gambhir took over as well.
US President Joe Biden on Saturday rolled out the red carpet to welcome leaders of Quad countries, Prime Ministers Narendra Modi of India, Anthony Albanese from Australia and Fumio Kishida of Japan.
The number of active SIP accounts is nearing the 100 million milestone.
'He has remained the leader of our course all through 40 years, not allowing his energy and enthusiasm to fade. And through all his achievements, he has remained grounded.' Air Commodore Nitin Sathe (retd) salutes his NDA coursemate Amar Preet Singh as he takes over as Chief of the Air Staff.
Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.
'How many jobs will be created when you complete your course?' 'How many people will compete with you?' 'What is the minimum and maximum salary you can expect?' 'Which are the companies that will offer you a job?' 'What skills do you have to develop?' 'How long will it sustain?'
Tamil Nadu's Deputy Chief Minister Udhayanidhi Stalin has reacted to Andhra Pradesh counterpart Pawan Kalyan's out-of-turn taunts with a one-liner, 'Let's wait', and thereby hangs a tale, notes N Sathiya Moorthy.
The United States has handed over to India 297 antiquities, which were smuggled out of the country, during the ongoing visit of Prime Minister Narendra Modi, an official statement said on Sunday.
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