How PM Modi keeps babus on tight leash

New Delhi bureaucrats, accustomed to leisurely lunches, golf in the afternoon and long weekends, have been shaken out of their somnolence, say authors. Fear and suspicion hang heavy over the......

President Pranab's address to Parliament: The transcript

President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political,......

'We are emerging as a superpower bhagwan bharose'

'Politics is turning into gift politics. You are distributing computers, mobiles, tablets while not focusing on production that could provide jobs so that people can sustain themselves...' 'This......

Why India needs to fine-tune its ties with Nepal

The increasingly loud and belligerent assertion of Beijing's claims in South China has become a matter of strategic concern for many nations for diverse reasons. It comes at a time when nations......

Banks turn cautious on lending to smaller microfinance players

Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher......

'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......

Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,600 cr

The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity (PE) firm Bain Capital for Rs 1,440 crore.......

The famous five taking on shady Chinese lending apps

A bunch of CEOs in their mid-30s and early 40s are trying to rectify the scenario where shady lending applications trap hapless borrowers with astronomically high interest rates and even......

How Bhavit Sheth and Harsh Jain Changed Cricket

Dream11's catchy television ads dominate the T20I World Cup telecast in India.Neha Alawadhi finds out what the company, which takes cricket very seriously, is up to. IMAGE: Rohit Sharma and......