KochharGate: A Litmus Test For CBI

In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry......

Navy's new submarines will cost $1 bn each

Building 6 conventional submarines is one of the Indian Navy's most important weapon construction programmes.Ajai Shukla reports.   Kickstarting one of the Indian Navy's most important weapon......

FULL TEXT: President's address to Parliament

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......

FULL TEXT of PM Modi's I-Day address

Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.  IMAGE: Prime Minister Narendra Modi addresses the nation......

RBI wants code of conduct for banks on customer rights

At a two-day seminar on consumer product safety, U S Paliwal, executive director at RBI, said these rights, including being treated with courtesy, have to be ensured. Reserve Bank of India is......

'What expertise does DBS have to run an Indian bank?'

'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in......

Prepayment penalty on home loans to be scrapped

Borrowers wanting to prepay home loans can look forward to some relief as RBI on Tuesday indicated that it would scrap prepayment penalties charged by banks. "It is proposed to implement the......

'Idea behind SROs is not to make them more regulatory'

'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.' Photograph: Francis Mascarenhas/Reuters In March, the......

Full text of the Justice Lodha IPL verdict

Justice Rajendra Mal Lodha. Photograph: PTI Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials,......