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Recent News

Top US counterintelligence officer captures Virginia man who crashed Hummer into a diner

Maybe only in the Washington area could you find the U.S. counterintelligence chief handcuffing a suspect after his lunch is interrupted by a car ramming into his restaurant and bursting into flames.
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ICICI Prudential Life to hire BofA Merrill, ICICI Sec for IPO

Other banks are likely to join the syndicate for the IPO that is expected in the current financial year ending March 31, IFR, a Thomson Reuters publication, reported.
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ABG Shipyard promoters may have to give up control: Sources

Vietnam-based Masan Group was earlier in talks with ABG Shipyard for a stake sale, but it is now understood from the sources that Masan has withdrawn interests in acquiring strategic stake in the co
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Best-selling books: ‘Extreme Prey,’ ‘Rainbow Comes and Goes’

John Sandford novel takes over top fiction spot; Anderson Cooper again leads nonfiction             
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Best-selling music: Drake, Beyoncé

‘One Dance’ again tops iTunes chart; ‘Lemonade’ takes No. 1. album spot             
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Sports digest: Seahawks put Marshawn Lynch on retired list

Move confirms that former Cal star running back's NFL career is over
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Popular Finance

RBI’s draft guidelines for on-tap bank licences may upset big business houses

Banking being a highly leveraged business, licences shall be issued on a very selective basis, the RBI has said The post RBI’s draft guidelines for on-tap bank licences may upset big business ho
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RBI liberalises institutional play in OTC derivatives market

At present, it is necessary that at least one of the two parties in the swap is either a bank or the RBI itself or an entity regulated by it. Any other regulated entities are not allowed to deal in
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Bankruptcy code: Why it strikes the right balance among all stakeholders

A curious thing that has gone unnoticed is the act of self-abnegation done by the tax authorities---tax and other dues would defer to the dues of secured creditors and 24 month salary of workers. The
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Corporate NPAs in sarkari banks double in 3 yrs; can new Bankruptcy law offer antidote?

In just 3-years, the corporate Non-Performing Assets (NPAs) of sarakari banks more than doubled as a percent of total corporate loans, going by the information provided by Minister of state of finance
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India should diversify into high value-added services, increase quality of manufacturing: IMF

According to the paper, India owes its rapid growth in service exports to the emergence of modern services, defined as products that can be stored and traded digitally. The post India should diversify
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Bankruptcy Code is a dud unless executed right; India has too many good laws that we failed smartly

It’s a law that would enable banks to push for resolution/recovery of the money from a troubled company within a period of 180 days, with a grace period of another 90 days if majority (75 per cent) of
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Softball: Hitting streak ends at 61 games for Glendale's Sammy Fabian

The 61-game softball hitting streak for Sammy Fabian of Glendale High has come to an end. Crescenta Valley won the game, 8-5, on Thursday and Fabian went hitless. It's the first time in Fabian's h
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Paul Ryan says he's 'not ready' to support Donald Trump

Paul Ryan says he's 'not ready' to support Donald Trump May 5 2016, 8:08 PM Some Republicans start accepting Donald Trump as their candidate. The House speaker is not among them. Paul D. Ryan says
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Trump champions coal mining, mocks Clinton in West Virginia

Paul Ryan says he's 'not ready' to support Donald Trump May 5 2016, 8:08 PM Some Republicans start accepting Donald Trump as their candidate. The House speaker is not among them. Paul D. Ryan says
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