As NPA resolution crawls, banks stare at spike in credit cost in range of 1.9% to 4.6% in second half of current fiscal
• 5 years agoIn its earlier assessment, India Rating had estimated the system-wide credit cost floor at 1.9% and capped it at 4.4% for the second half of FY19 and whole of FY20
Lok Sabha Election 2019: Why investors want Narendra Modi back for another term rather than a fractured Congress-led coalition
Dinesh Unnikrishnan123 • 6 years agoThe Indian economy's biggest disadvantage is its weak political Opposition that can’t offer a better roadmap for the economy than what the Narendra Modi-government has done so far
RBI warns Finance Commission of more fiscal slippages by states, lists out specific factors in revised estimates
• 6 years agoTerming it as "poor fiscal marksmanship", the RBI also went public with its concerns on deviation in revised estimates
Farm loan waivers kill credit culture, need to focus on agri distress resolution: Former RBI governor Raghuram Rajan
• 6 years agoLoan waivers cover only those farmers who have taken loans from the formal system, Raghuram Rajan said
In Kerala, losses due to last year's floods add to woes of farmers reeling under crashing prices and growing debt
Pratyush Deep And Priyamvada Rana • 6 years agoThe floods in Kerala last year were just the final blow to farmers who were already reeling under crashing prices of various crops.
Lok Sabha Election 2019: Reversing Assembly election losses against Congress key to BJP's poll prospects
Debobrat Ghose • 6 years agoThe challenge for the BJP is to chalk out strategies to counter the Congress, at a time when the latter party is running governments in three Hindi heartland states.
Rash of loan write-offs: YV Reddy proposes agri-risk fund as alternative with Kerala’s Debt Relief Commission as model
Vivianfernandes • 6 years agoAgri risk funds will not deter election-facing ruling parties from ‘bribing’ voters with devices like the income transfer scheme announced in this year’s budget.
YV Reddy’s warning on farm doles: Biggest enemy of Indian farmer is the power-hungry politician flashing freebies
Dinesh Unnikrishnan123 • 6 years agoReddy even pitched for an alternative for farm sector freebies in the form of an agricultural distress fund contributed by both the states and Centre, rather than the ongoing measure of arbitrary scheme announcements.
Chief Minister Kamal Nath is morphing into CEO of Madhya Pradesh one small step at a time
Sudhir K Singh • 6 years agoThose who know Kamal Nath agree that sitting in the chief minister's chair was not exactly a dream job for someone with a Davos mindset assiduously cultivated during his tenure as Union minister
Rahul Gandhi kicks off election campaign in Madhya Pradesh, attacks BJP over demonetisation, GST and farm loan waivers
Fp Staff • 6 years agoWith a roadshow and a rally in Bhopal, Congress president Rahul Gandhi kicked off his party's campaign for the Madhya Pradesh Assembly elections, which are slated for later this year.