Stressed assets still a big problem for banks

Clarity to emerge once central banks outline their stance

CAG audit will not help banks run better

Capital infusion norms for public sector banks are questionable

The government needs to plug the institutional gaps

Better regulation of deposit schemes a must

His last policy review raises hope for continuity in RBI's actions

Can the bank sustain its track record?

RBI would be justified in opting for continuity

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

Privacy breaches like the one at present not only dent consumer confidence but also highlight the need to develop coping mechanisms.

Effective dispute resolution and better contracts are essential

The minister also clarified to the students of North East Delhi that there is no need to reappear in these examinations if they have already appeared.

IIT Bombay, for the first time, will evaluate its student based on their past performances, said a professor who attended an internal meeting of the institute last week where this decision was made.

The draft National Education Policy has been reworked to moot “one common regulatory regime for the entire higher education sector, eliminating duplication and disjunction of regulatory efforts”, people aware of the development said. The earlier draft had proposed a four-tier regulatory structure.

"Due to ongoing Covid-19 pandemic NITI Internship Programme is being suspended for three months from May- July, 2020," it said on its website. "New dates of opening NITI Internship Programme will be intimated later after reviewing the situation," the Aayog added.

In 2019, the number of people who registered for the test and the number of people who appeared for the test was the highest in ten years. Out of the 244,190 candidates who registered, 209,926 appeared for the test.

As per UNESCO estimates, over 154 crore students are severely impacted by closure of educational institutions across the world amid the COVID-19 outbreak.

The government has also clarified that students will not be called to schools for any vacation-related activity in view of the COVID-19 situation.

The Central Board of Secondary Education (CBSE) had last month announced that it will not be conducting the pending exams in foreign countries. According to officials, HRD Minister Ramesh Pokhriyal 'Nishank' has sought feedback from representatives in different countries about the current situation there.

"All standalone institutions offering Post Graduate Diploma in Management (PGDM) and Post Graduate Certificate in Management (PGCM) courses will have to follow the new academic calendar.

Air India will operate 64 flights from May 7 to May 13 to bring back around 15,000 Indian nationals stranded abroad amid the COVID-19-induced lockdown, Civil Aviation Minister Hardeep Singh Puri said in New Delhi on Tuesday.

The National Institutes of Technology (NITs) among the top 25 institutions as per NIRF ranking will also be eligible to grant the fellowship. The scheme announced in the 2018-19 Budget is aimed at improving the quality of research in various higher educational institutions in the country.

The exams have been delayed on account of closure of educational institutions in the country because of the Covid-19 lockdown.

Maharashtra Minister Uday Samant said first and second-year students will be given grades and marks while they are promoted to the next class.

Digital was the medium of choice at several institutes to finalise the candidates. While IIM-Ahmedabad, IIM-Bangalore and IIM-Raipur had managed to complete their admission process before the lockdown, others like Lucknow, Calcutta, Kozhikode, Indore, Sambalpur and Jammu had to partly resort to the virtual route to zero in on the candidates.

Union HRD Minister Ramesh Pokhriyal 'Nishank' said 1.5 crore answer sheets of already conducted class 10, 12 exams will be delivered to teachers. "From the 3,000 schools, these copies will go the evaluators and evaluation will begin tomorrow," he added.

Always try to pay the full dues to avoid high interest charges

The rupee opened at 75.36, then gained ground to touch 75.27.

 Rating agency Moody’s said that the the negative outlook of India reflects increasing risks that economic growth will remain significantly lower than

SP supremo Mulayam Singh Yadav today heaped praise on BJP leader L K Advani for the third time in as many weeks, but ruled out any alliance with BJP

Smartphone makers such as Xiaomi, Vivo and OnePlus plan to absorb the exchange rate impact as of now, with the industry fearing a slide in sales since prices are all set to go up due to increase in goods and services tax on smartphones to 18% from 12%. But they will factor the exchange rate in the pricing of future launches, the executives said.

Vivek Sharma, MD at Panasonic Life Solutions India, said these stores will serve as experience centres for consumers and influencers, He said the stores will target customers as well as builders, contractors and architects. The company has opened the first such outlet in Hyderabad will be setting up these stores in a franchise owned and operated model.

"Two long-term policy decisions have been taken to make India hub of electronics manufacturing in new directions and medical electronics. Cabinet has approved production linked-incentive for electronics companies. We will give Rs 40,995 crore in the coming five years for production linked-incentive," Union Communications Minister Ravi Shankar Prasad said.

On the impact of the outbreak, the company said: "COVID-19 has affected the supply of some components to our manufacturing facilities and volume of business in 'Servicetec' segment. This is likely to impact our planned production and volume of business in excess of 10 per cent for the month of March."

LG Electronics India will donate products like water purifiers, air conditioners, refrigerators and TVs to the hospitals. Samsung India, on the other hand, will provide preventive kits to hospitals, which includes a surgeon gown, face mask, gloves, preventive eye wear, hood cap and shoe cover.

For domestic mobile phone companies, the investment threshold is Rs. 200 crore over four years and sales criteria is Rs. 5000 crore in five years and for components it is Rs. 100 crore for 4 years and Rs. 600 crore of sales in 5 years.

Having suffered an unprecedented sales decline of 6-7 per cent in 2019-20, the industry will be up against challenges in both supply and demand sides due to the coronavirus pandemic, Panasonic India and South Asia President and CEO Manish Sharma said.

India’s manufacturing industry does rely heavily on imported components, including semiconductors, smartphone screens, LED screens, sensors and so on.

Reddy, who is likely to join next month, is moving from Uber, where she was the regional HR director for APAC. She had joined Uber in 2017 as the chief people officer for India and South Asia region. She has about 20 years of experience in the field of HR, of which she worked with American Express for nearly 12 years. She has also worked with HR consulting firm Aon and Cognizant Technology.

​​Even after the curbs are lifted, social distancing norms and an overall fear of the pandemic may keep people away from the stores for some time.

The company plans to make investments of around Rs 210 crore on infrastructure development of the facility over the next four years. This new manufacturing facility will cater to the domestic and international business for Compaq televisions, for which it holds licence for multiple countries and regions.

Prasad, speaking after a virtual meeting with state IT ministers, also said India needed to capitalise on a huge electronics manufacturing opportunity that has been thrown open, as companies look to move of China in the wake of the Covid-19 virus outbreak.

Both LG and Samsung have opened bookings for various products on their websites for limited periods and are offering gifts of up to Rs 10,000 on pre-bookings made during the lockdown period. LG has opened pre-bookings till May 15 and Samsung by May 8.

After 40 days of lockdown, certain business activities like opening of standalone stores and e-commerce delivery of non-essential items have been allowed in green and orange zones (locations with few or no COVID-19 cases).

South Korean electronics giant Samsung has resumed limited manufacturing operations at its Noida plant and will scale up the production gradually, a company official said on Friday.

Industry has also pitched for SPV with initial funding from govt, to help refinance small and mid-sized NBFCs

Affirms Issuer Default Ratings for seven banks including these four and Bank of India, Canara and PNB

With malls and shops closed, spending avenues are practically non-existent.

On April 27, the RBI had introduced the Rs 50,000-crore liquidity line for the MF industry