The forward-looking ECL-based allowance (or provision) is applied at origination and for all subsequent reporting periods to financial assets till derecognition
Former RBI Chair Professor Charen Singh says the 4 per cent inflation target stifles growth and jobs, calling for a flexible 5-7 per cent range and a band-only framework instead of a fixed point targe
AP's success story is rooted in its transformation into a globally competitive hub for fisheries, particularly the frozen shrimp industry
Regulators operate as mini-states within their domains, simultaneously exercising quasi-legislative, executive, and quasi-judicial powers
ORS is basically a medically formulated mixture of water, glucose, and essential electrolytes such as sodium and potassium
India is not only the fastest-growing large economy in the world, it also has significant untapped potential for formal finance
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To harness this shift, the Shram Shakti Niti draft outlines a series of interventions to bridge the divide between skill and opportunity
As COP30 opens in Brazil, record CO₂ levels and faltering global leadership leave climate goals in peril, testing the world's resolve to act on its promises
Cities are crumbling, but the local bodies that govern them remain powerless
If China truly aspires to global leadership, it must vacate the low-skill manufacturing space in favour of developing countries
These carbon pricing mechanisms, however, allegedly may give rise to 'carbon leakage', when applied unilaterally by countries
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Is there any hope now that the Modi government will be able to overcome any political resistance to those proposals in the form of a new amendment Bill for the power distribution sector?
Ministries are designed to set policy, not to run companies or make investment decisions. In today's complex business world, they're simply not equipped to play fund manager
While the road map is ambitious, the present economic context too matters. External shocks often derail attempts to carry out internal reforms
Experts have suggested direct cash transfers to farmers to buy CRM machines, which are currently being sold at inflated prices on account of the subsidy element
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The government's plan to open senior roles in public-sector banks to private executives aims to boost efficiency but may clash with institutional values and pay disparities
India must act early to define what 'gatekeeper' firms in AI are, ensure that Cloud, compute, & chip providers are not allowed to self-enforce lockins, & force transparency in pricing