The murky bad loan mess in the Indian banking system has turned murkier. While the efforts to recover public sector banks’ non-performing assets (NPAs), worth Rs 10 lakh crore, are yet to yield tangible results, the government seems alarmingly divided on the genesis of the NPA problem.
Are bad loans in banks the result of an organised p [...]
After the Tamil Nadu and West Bengal election results, Prithviraj Chauhan, Bhupinder Singh Hooda and Hemant Soren must be cursing themselves for not being the J Jayalalitha and Mamata Banerjee of their states, who despite allegations of corruption and poor governance, turned out to be voter favourites.
On the other hand, Akhilesh Yadav, Hari [...]
Don’t get carried away with the fight-to-finish kind of political battles between BJP and Congress over corruption, nor let loud TV debates and so-called global exposes overwhelm you. Irrespective of high decibel political drama over corruption, the fact remains that India’s track record in the fight against corruption is getting [...]