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Uttam Ghosh Yes

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'You are ruining an entire generation'

'We are calling companies to set up assembly plants for mobile phones while all the components are imported.''Only the last turn of the screwdriver is done here. And you call it self-reliance,......

'Educated youth prefer to be unemployed rather than under-employed'

'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.' Illustration: Uttam Ghosh/Rediff.com......

'What is predominant in India is disguised unemployment'

'When you do some job for a few hours, you are hardly earning enough to survive.' Illustration: Dominic Xavier/Rediff.com There was euphoria in social media about India becoming a $4 trillion......

'Today Is Worse Than British Times'

'Today, the BJP is using power in such a manner that they not only crush the Opposition, but even their own supporters can't rebel.' Illustration: Dominic Xavier/Rediff.com In the third and......

'This is governance by fear'

'The Emergency was a temporary affair. It was withdrawn after 20 months.''But we are in this situation for the last 10 years.''If the Emergency was jhatka, this is halal, slow killing.'......

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while......

Muted deposit and credit growth sends PSB stocks into a tailspin

Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25).......

Major credit card issuers go live on Bharat Bill Payment Systems platform

Major credit issuers, including the largest — HDFC Bank — have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via third-party......

Banks Caught In A Trap

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......

Top six smallcap MFs to take over 20 days to liquidate 50% portfolio

The country’s six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable......

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