Chennai: The Reserve Bank of India's (RBI) norms requiring banks to outline the framework they use to determine the loan spread about their benchmark lending rates will reduce pricing power of the latter, global rating agency Moody's Investor Services said.An article in Moody's Credit Outlook on Jan 26 said: "The new requirements are credit negative because they will reduce...
In 1987, Mr Kerkar asked me to look at the French restaurant Rendezvous, which probably was the best classical French restaurant of the Taj. His take was that we should create a restaurant which was a unique blend ... »
While in school, my sport of choice was football. I was a goalkeeper of some reckoning in local and club-level tournaments. The only reason I made it to the school cricket team (as wicket keeper) was that my friend ... »
Sushma Swaraj is concerned about the balanced development of her twin ministries. While the Ministry of External Affairs (MEA) is making headlines for the right reasons, the Ministry of Overseas Indian Affairs (MOIA) ... »
Kings are seldom forgotten. History revolves around them. It helps that they probably have a lot to do with the writing of it. Rajaram of Kohlapur isn’t probably one of them. Even Google doesn’t really ... »