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How to make India's bad bank workable

How to make India’s bad bank workable Many lenders have accumulated a large volume of stressed assets over the years. The NPA problem needs an urgent fix.Premium 9 min read Ananth Narayan Past experiments have failed because of design issues. Malaysia’s ‘Danaharta’ shows a viable way ahead If stressed loans are transferred at too low a value, the recovery might deliver supernormal profits to buyers. This could be especially problematic if the buyers are in the private sector Share Via R...
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Covid variants with 2 specific mutations may evade antibodies: Virologist Shahid Jameel

Covid variants with 2 specific mutations may evade antibodies: Virologist Shahid Jameel Premium This 2020 electron microscope image provided by the National Institute of Allergy and Infectious Diseases - Rocky Mountain Laboratories shows SARS-CoV-2 virus particles which cause COVID-19. (AP) . Updated: 21 Feb 2021, 05:07 PM IST PTI Variants of the Covid-19 carrying 2 specific mutations in their spike protein may evade antibodies and make vaccines less effective, according to eminent virologis...
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Six states see uptick in new Covid infections; Maharashtra, Kerala account for 74% of active cases: Key developments

Home >News >India >Six states see uptick in new Covid infections; Maharashtra, Kerala account for 74% of active cases: Key developments Six states see uptick in new Covid infections; Maharashtra, Kerala account for 74% of active cases: Key developments A municipal worker takes a visual evidence of commuters not wearing face masks in order to give them a penalty at Chhatrapati Shivaji Maharaj Terminus in Mumbai. (AP) Share Via Read Full Story Indias total coronavirus active cases currently stan...
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Indian government working on new law to regulate social media: Ram Madhav

Indian government working on new law to regulate social media: Ram Madhav Ram Madhav. (File photo) Share Via Read Full Story Emphasizing the influence of social media, BJP leader Ram Madhav claimed that it is so powerful that it can even topple governments, which then leads to anarchy and weakening democracy, according to the Minister. He also claimed that the solutions to tackle this are needed to be found within the constitutional framework. The minister made the statement at the launch of h...
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Maharashtra: 767 autorickshaw drivers booked in 2 days for flouting Covid-19 norms as cases surge

Maharashtra: 767 autorickshaw drivers booked in 2 days for flouting Covid-19 norms as cases surge Premium The total number of active Covid-19 cases in the state stands at 48,439 Share Via Read Full Story As many as 767 autorickshaw drivers were booked on 19 and 20 February for violating Covid-19 precautionary norms such as physical distancing and plying with more than two passengers. Over ₹3,80,000 has been collected in fines from the offenders, said the deputy commissioner of Police of the ...
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Covid-19 caused an estimated loss of 20.5 million life years worldwide: Study

Over 20 mn years of life lost worldwide due to covid: study Frontline workers get shots of Covid-19 vaccine 1 min read Share Via Read Full Story NEW DELHI : New Delhi:An estimated 20,507,518 life years have so far been lost due to covid-19 across 81 countries, including India, with an average of 16 years for every person, according to a report published in the Scientific Reports (Nature Research) journal. The years of life lost (YLL) is the difference between a person’s age at the time of de...
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Govt may consider Oriental Insurance or United India for privatisation: Report

Govt may consider Oriental Insurance or United India for privatisation: Report The process of choosing a suitable candidate for privatisation has just started and will take some time to decide, sources said.Premium 1 min read . Updated: 21 Feb 2021, 03:23 PM IST PTI Both Oriental Insurance and the Chennai-based United India Insurance may be able to generate interest from the private sector because of their improved financials Share Via Read Full Story NEW DELHI : The government may consider p...
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Competition regulator looks into antitrust claims against Google Pay

Competition regulator looks into antitrust claims against Google Pay Photo: Ramesh Pathania/MintPremium 3 min read Share Via Read Full Story BENGALURU : The Competition Commission of India (CCI) has started an investigation to check whether Google Pay (GPay) has abused its dominance of India’s digital payments market, executives at three payment firms aware of the discussions said. The market watchdog is holding face-to-face interviews with rival payment firms, including PhonePe and Paytm Pay...
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Deliberate effort to discredit Amazon's business in India: Amit Agarwal

Deliberate effort to discredit Amazon’s business in India: Amit Agarwal Amit Agarwal said the more India digitizes, the stronger manufacturing gets, and more people would use Amazon for shopping, contentPremium 6 min read Share Via Read Full Story BENGALURU : E-commerce major Amazon.com Inc.’s India arm has been in the news after allegations of preferential treatment to two of its sellers and circumventing foreign direct investment (FDI) laws resurfaced. Amazon and rival Walmart-owned Flipk...
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