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Business is rarely risk free. So are bank loans. There is nothing unusual about non-performing loans or assets. They exist in every economy. But, when business promoters collude with bank management to manipulate loans in their personal favour, they become a matter of serious concern. And, this seems to have become a growing trend in India. The latest report on the promoters of a Gujarat-based ship construction firm, ABG Shipyard, defrauding a consortium of 28 banks and financial institutions to the tune of Rs.22,842 crore should be a cause of worry as the forensic audit by Ernst and Young (EY) consultancy revealed that between 2012 and 2017, the promoters colluded together to illegally divert and misappropriate large funds in criminal breach of trust.

New Delhi: It turned out to be a tricky draw for the Indian pugilists as Sumit and Varinder Singh face tough opponents in their respective opening-round bouts while in women section Nikhat Zareen will begin her campaign in the quarter-finals at the Strandja Memorial Boxing Tournament in Sofia, Bulgaria.

Despite marginalising opposition parties to near extinction in the ongoing Bengal civic body polls, the ruling Trinamool Congress (TMC) remains an acutely divided house. As in 2018, hordes of TMC dissidents angered over not securing nominations ,are fighting the 2022 elections too as ‘independents’, in many areas.

Modi government resorted to large scale shutdowns of internet connections to quell protests by people against its policies adopted between 2019 and 2021 is now well known, but what is little known is that the internet suspension was effected for 14,280 hours during this period which cost India about $4.7 billion, apart from human rights violations that the orders constituted due to which people suffered invaluable loss. The frequent internet suspensions have led to India even being referred to as the shutdown capital of the world. Only Myanmar and Nigeria did more economic damage with self-inflicted wounds which were to the tune of $2.8 billion and $1.5 billion respectively in 2021 while India lost $582.8 million.

An important case to decide how far minority rights can be cited to claim to take cover from professional standards in the conduct of aided educational institutions is coming up for the consideration of the Supreme Court shortly.

A columnist has aptly summed up the poll scene in Punjab and how the ruling congress party committed gaffe after gaffe. “The Congress’s campaign in Punjab is a lesson how not to win elections”, he wrote. Chief Minister Charanjit Channi, appears to be a general without foot soldiers, his peers putting spokes rather than lending shoulders to the party’s electioneering.

Union Home Minister Amit Shah has promised Punjab Chief Minister Charanjit Singh Channi that he will “personally look into” former AAP leader Kumar Vishwas’s allegations that Delhi Chief Minister and AAP convener Arvind Kejriwal sups with terrorists and separatists and wanted to become “first Prime Minister of Khalistan.”

Narendra Modi ever since he came to occupy the office of prime minister has been insinuating worst nature of jibe against Jawahar Lal Nehru. This is the greater part of the RSS design to portray Nehru as an enemy of Hindus. RSS for pretty long time has been presenting secularism as a decadent concept and idea.

To understand the true meaning of the ‘hijab issue’ playing out in Karnataka and other states, one only needs to pay close attention to the way in which it is being invoked in poll-bound states by Bharatiya Janata Party (BJP) leaders aiming to create and consolidate a Hindu vote-bank.

New Delhi: A 17 member Indian Boxing contingent (10 women, 7 men) left for Sofia, Bulgaria in the early hours of Friday to participate at the 73rd Strandja Memorial tournament, Europe's oldest International boxing tournament.