India must bargain hard at the upcoming conference of parties

Target Marrakesh

Business Standard

If the bad bank is set up, PSB officials would not bother to follow up on a loan as they would know that eventually it would be transferred to the bad bank for recovery

Letters: A bad idea

Merchants should be prohibited from levying extra charge on card usage

Letters: Calling card

Senior members of the Congress allege that there is little coordination among members of the National Democratic Alliance government while dealing with the media. They recall the perfect symphony between then external affairs minister Pranab Mukherjee, now President of India, and the minister of state for information and broadcasting (I&B), Anand Sharma, while providing information to journalists in the aftermath of the Mumbai terror attacks in 2008.Party members say that according to an arrangement devised by Mukherjee, either he or Sharma would speak on the issue on a given day to ensure there was uniformity in the government's stand. As then I&B minister Priyaranjan Das Munshi was seriously ill, Sharma, as the junior minister, had the additional responsibility to brief journalists.

Perfect symphony

The CJI retorted, "You are hired for difficult terrains. Easy cases don't need you, Mr Sibal."

A lawyer for difficult cases

"Over the last three years, the MF scheme has done very well and they are happy"

Invest and be happy

The specifics of the new plan to tackle NPAs will be interesting

The bad bank debate

Top five PE deals this yearThe top five deals this year accounted for 21.44% of the investment in terms of deal value. In the largest deal this year,Blackstone invested $824.61 mn in Mphasis, while Fairfax India and Fairfax Financial Holdings invested $369.5 million in Bangalore International Airport

A Snapshot of PE activity & deals

Realty check

Nitish Kumar's prohibition policy will reverse Bihar's gains

Ever more draconian

This fight is against internal forces, unlike a real war

Letters: Fighting poverty

Financial conditions have eased and with inflation set to settle within the manageable limit there was scope for a rate cut

Letters: Pragmatic view

More importantly, the RBI's dedicated team is said to be making efforts to ensure the occurrence of such frauds are curtailed and also how to resolve them more efficiently

Letters: Curbing cyber fraud

You may not be the only one harangued by break journeys and delayed flights

Such a long journey

As peak sale season gets underway, trust canny marketers to come up with new ideas to trash their competition

All for higher sales

Be it business or social issues, promotion through Twitter handles seems to be the name of the game

Dual purpose

Neelkanth Mishra

BS Jury on bi-monthly monetary policy review

Ravneet Gill

Arundhati Bhattacharya

Rashesh Shah

ARUNDHATI BHATTACHARYAChairman, State Bank of IndiaThe first policy decision by MPC was more or less along the expected lines with a rate cut of 25 bps from 6.5 per cent to 6.25 per cent. The market, however, was divided on the quantum of the cut. The policy sounds cautious on the inflation trajectory with the target of achieving CPI inflation at five per cent by Q4 FY17. With good monsoon, the pressure from food prices is likely to abate and the inflation trajectory is expected to remain under control in the coming months, beginning November. This will give RBI further scope to cut rates. With the MCLR regime in place, banks are taking baby steps in reducing their interest rates. On a monthly basis, SBI has reduced its one-year MCLR by 25 bps. With this rate cut, the lending rates are expected to come down further. Liquidity conditions are also favourable with the system in surplus mode. Core liquidity has increased from Rs 33,200 crore in August to Rs 48,700 crore in September. Comfo

Ravi Uppal

During the last three years, RBI, while keeping a hawk's eye on inflation, had eased lending rates and liquidity norms progressively, but cautiously

Cut provides boost to economy: Ravi Uppal

A Balasubramanian

I would call it a 'festival bonanza' to boost the morale of the financial market

Cut boosts markets' morale: A Balasubramanian

Cut augurs well for industry: Rajeev Talwar

A cut in home loan rates will surely help buyers firm up their decision to buy a house this festival season and give a fillip to sales

The Reserve Bank of India (RBI) Governor Urjit Patel speaks during a news conference after the bi-monthly monetary policy review in Mumbai (Pic: Kamlesh Pednekar)

Reserve Bank of India Governor Urjit Patel addresses a press conference in Mumbai after the monetary policy review meeting on Tuesday. Photo: PTI

Business Standard

Business Standard

Page 299 - Business Standard