By G. Srinivasan At a time when the country’s ailing banking industry, particularly the proverbial public sector banks (PSBs) suffering from balance sheet woes, is being bandaged by the first tranche of a capital infusion of Rs 88.139 crore as part of a jumbo Rs 2.11 lakh crore...
By S. Sethuraman The biggest scandal in India’s banking sector – an alleged 11,400 crore fraud involving Punjab National Bank and diamond merchant Nirav Modi and associates — coming to light in January 2018 — will pep up the state poll campaigns, leading to Lok Sabha elections 2019....
By Arun Srivastava The Narendra Modi government is discreetly moving ahead to abolish the National Rural Employment Guarantee Act (NREGA). The idea had dominated the drawing room discussions of important BJP leaders just ahead of the 2014 Lok Sabha elections. Almost all the leaders were in favour of...
By Amulya Ganguli The enormous effort which the BJP has put in for what many will regard as a lost cause, viz. that of winning the Tripura elections, holds a lesson for other parties. In fact, the prime minister might have mentioned his party’s determined chase of a...
By Sushil Kutty Nirav Modi – Baby Face Nirav! He reminds us of the American gangster of the 1930s, Public Enemy No.1 ‘Baby Face Nelson’. Both small guys with big dreams, banks their weakness. George ‘Baby Face’ Nelson robbed banks with loaded guns. ‘Baby Face Nirav’ fraudulently unloaded...
By Arun Srivastava “More than China… India should play a better role in Maldives than any other countries because we are neighbours. And we have been friends”. This is a simple sentence but diplomatically this remark from Ahmed Mohamed, Maldives’ ambassador to India, has wider ramifications. Through his...
By Gyan Pathak Economic growth in Asia is estimated to continue at a steady pace in 2017 in comparison to 2016, but India’s growth is expected to nudge downwards as a result of taxation and monetary reforms, but expected to stay brisk, says the latest OECD bi-annual publication...
By Anjan Roy It is rather irritatingly repetitive that borrowers jump their loans with banks. More so, large borrowers, who are themselves hugely rich, are making away with bank money. Details are now emerging, which show the ultimate hit on the banking system could top Rs20,000 crore. Maybe...
By Aditya Amir Fugitive diamond merchant Nirav Modi has written a letter to Punjab National Bank. In a jilted lover’s tone. Nirav is unhappy PNB came too soon, put him out to dry; for Republic TV to harangue and Times Now to maul. You’ve ruined my brand in...
By Nitya Chakraborty The draft political resolution released by the CPI(M) for debate among its members on the eve of the 22nd Congress of the Party at Hyderabad on April 18 to 22 this year, is full of contradictory positions. The document prepared by former general secretary of...
By Sushil Kutty Kamran Yusuf is a Kashmiri photo-journalist. The other day, the National Investigative Agency (NIA) while branding him a ‘stone-pelter’, claimed that he is not a ‘real journalist’ because he never covered developmental projects as genuine journalists do! The “hard-working” freelance photo-journalist has been in...
By L.S. Herdenia BHOPAL: Two former chief ministers of Madhya Pradesh by their actions and utterances are keeping their colleagues and party men in suspense. They are Digvijay Singh and Uma Bharti, two rivals. It was Uma Bharti who through her massive and stormy campaign ended the ten...
By P. Sreekumaran THIRUVANANTHAPURAM: The Communist Party of India(Marxist) has come under greater pressure with the arrest of two party workers in connection with the murder of Youth Congress activist Shuhaib. The arrests have come after Chief Minister Pinarayi Vijayan broke his silence over the murder seven...
By Aditya Amir So who should hang from the rafters for the massive PNB Nirav Modi Scam – the UPA or the NDA? That is apart from nephew Nirav Modi and uncle Choksi and the one or two or scores of PNB officials who enacted the scam for...
By Amritananda Chakravorty The Government of India, in a surprising development, appointed Tushar Mehta, Additional Solicitor General of India, as the Special Public Prosecutor (‘SPP’)conducting “prosecution, appeals/revisions or other proceedings” arising out of the cases relating to 2G spectrum investigated by the CBI before the Special 2G court...
By Sankar Ray The 38th prime minister of Nepal Khadga Prasad (KP) Sharma Oli, the chairman of Communist Party of Nepal (United Marxist Leninist), will ‘balance between India and China’, believes editor of Nepal Times, despite his pro-Beijing propensity (a compulsion due to the Madhesi blockade of Nepal...
By Arun Srivastava No conscientious citizen can gloss over the ill treatment meted to the CRPF jawan Mujahid Khan, who died fighting militants in Jammu on Monday. He was offered an ex-gratia of Rs 5 lakh by the NDA government of Bihar, but intriguingly, gunner Kishore Kumar...
By Gyan Pathak Unemployment in India is likely to become a major political issue in the months to come. It is bound to happen this time because our educated youths are now a frustrated lot as they were hoping something for themselves under the Modi-led NDA rule. It...