Chinese Foreign Minister and State Councillor Wang Yi will visit India later this month to hold boundary talks and review implementation of key decisions taken at the second informal meeting......
'If you say I won't talk to them at all, does terrorism stop?' 'Even if they say they will give up terrorism, "I will fight terrorism along with you," but even then you say I still won't talk to......
Nevertheless, border dispute will feature prominently on Modi's agenda but the matter won't be discussed at length. Nayanima Basu reports Prime Minister Narendra Modi’s visit to China......
The Reserve Bank on Wednesday imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms on concerns over evergreening of loans. Photograph: Eieleien/Wikimedia......
The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. Illustration: Dominic Xavier/Rediff.com During the......
The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank', by 2021-2022.Only 10 per cent of this has been executed. Illustration: Dominic......
Search and seizure operations at 60 premises of four ARCs have exposed the 'unholy nexus' between borrowers and ARCs.Yet another scam that will embarrass the RBI, points out Tamal Bandyopadhyay.......
Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). Illustration: Uttam Ghosh/Rediff.com It’s reason......