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 It was withdrawn after 20 months.''But we are in this situation for the last 10 years.''If the Emergency was jhatka, this is halal, slow killing.'......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