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About 6 results for "krishna kant"

More bad news: Household savings fall to 2 decade low

The decline is attributed to lower salary growth and a rise in households' financial liabilities, discovers Krishna Kant.Illustration: Dominic Xavier/Rediff.com   The household savings rate continues to decline and has touched a two-decade low in 2016-17.   Household savings as a proportion of the gross domestic product at current prices declined to 18.5 per cent in 2016-2017, the lowest rate since 1997-1998. The figure was 19.2 per cent in 2015-2016, and 25.2 per cent at its peak in ... Rediff.com, 1 week ago
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Appointment Committee of Cabinet appoints 11 new secretaries

[India] October 12 (ANI): The Appointment Committee of the Cabinet has appointed 11 new secretaries to various government departments. Environment secretary Ajay Narayan Jha will succeed Ashok Lavasa as the secretary in the expenditure department in the ...
 Sify1 month ago
Rediff.com

Why recapitalisation of PSU banks is so challenging

'It is not that banks are not trying. Whenever we meet them, they say we will be raising money the next quarter or so and you should not downgrade us. There is no doubt that the managements have been trying their best to raise equity but they are not able to.' Anup Roy and Krishna Kant on the challenges public sector banks face in revitalising themselves. Illustration: Dominic Xavier/Rediff.com Reserve Bank of India (RBI) Deputy Governor Viral Acharya's urgings on the capitalisation ...
 Rediff.com1 month ago
Rediff.com

YOUR Rs 25 lakh crore debt has RBI worried! Here's why

In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.  Krishna Kant reports. Illustration: Uttam Ghosh/Rediff.com A rising share of consumption in India's economic growth has begun to strain the balance sheets of ...
 Rediff.com2 months ago

What Tata, Birla, Mahindra say about family businesses

One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports. Lessions from HeroCorp's Munjal family From left, Kumar Mangalam Birla, Anand Mahindra and Ratan Tata.Photographs: (From left) Danish Siddiqui/Reuters; Stefan Wermuth/Reuters; and Christian Marquardt/Getty Images.   India has gone through many cycles of economic growth since its independence from British rule in 1947. But one thing has ...
 Rediff.com2 months ago
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