NPA framework: Ordinance to empower RBI actually gives more teeth to govt
The Presidential Ordinanceempowering the Reserve Bank of India (RBI) to enforce expeditious resolution of non-performing assets (NPAs) of banks should hardly come as a surprise. For several past weeks, Finance Minister Arun Jaitley has been hinting at this legal empowerment of the central bank to... read more »
President Pranab Mukherjee signs ordinance empowering RBI to act directly a...
President Pranab Mukherjee has approved an ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India to act directly against top loan defaulters. With the promulgation of the Banking Regulation (Amendment) Ordinance by the President, which empowers the Reserve Bank of... read more »
Baba Ramdev’s MNC-bhagao plan includes Patanjali fast food chain; Ram...
Baba Ramdev, the yoga guru and promoter of home-grown FMCG company Patanjali Ayurveda, has in the past been vocal about taking the deep-pocketed multinational foreign companies operating in India head on. Not just that, the company, with over Rs 10,000 crore in revenue registered last fiscal... read more »
Top NRI Realty Investment Destinations
The Nonresident Indian`s (NRI) investment in real estate is a big boost to the struggling reality sector. In the past, the NRI population primarily bought homes, where they would eventually settle down after returning to their home grounds. However, since the last decade, there is a change in the... read more »
