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| 06 March, 2021, 01:15 PM IST | E-Paper
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    Bad bank is a great initiative but can turn into an accounting gimmick unless foreign investors are brought in: K Balasubramanian, Citibank India

    Bad bank is a great initiative and much needed for the country, with most public sector banks carrying a high level of non-performing loans. This would free up capital for banks saddled with bad assets. It will be helpful for them to concentrate on regular good business.

    Our competition's global, so we must be global, says Rahul Munjal, MD, Hero Future Energies

    "We too want to have a global mindset. Sri was last with Brazilian company Braskem and his role was to make it global. Given the juncture at which HFE is right now, we want to take our Indian company global. We needed somebody who had already done this before," says Munjal.

    UK steps up efforts with governments, businesses and civil society for climate summit in Glasgow

    Broadly UK is trying to achieve four goals on the road to COP26, says COP26 President Alok Sharma.

    Fiscal policy must be counter-cyclical: Krishnamurthy Subramanian, CEA

    It’s quite likely that fiscal deficit will be lower than what’s mentioned. When you under-promise and over-deliver, it generates enormous credibility, says Krishnamurthy Subramanian.

    Prudence doesn't mean stinginess or frugality: TV Somanathan, Expenditure Secretary

    Revenue estimates have been prepared in a somewhat conservative manner… The numbers are reasonable, but it can still go wrong. If we do have to make adjustments, we will not touch the capital and growth-oriented parts of the budget, says TV Somanathan.

    “Use of force would have caused a lot of collateral damage”: Delhi Police chief SN Srivastava

    In this (R-day) case, the agitators will be held responsible. As for the Northeast Delhi riots as well, a commission has already been appointed under Justice SN Gaur to look into the public property damage and recovery, says Delhi Police chief SN Srivastava.

    India may not hit pre-Covid growth levels before 2025: Gita Gopinath

    "Lots of pandemic measures have been put in place in India and everywhere else in the world, given where the financial system was entering this crisis that could be one serious headwind going forward," IMF’s chief economist Gita Gopinath tells ET Now.

    We want to own technology around customer experience: FCA's Mamatha Chamarthi

    At a time when many of its rivals are relying more on outsourcing to save costs, Fiat Chrysler (FCA)wants to have its core technologies in-house to improve the speed-to-market for its products, Mamatha Chamarthi, chief information officer, North America and Asia Pacific, at FCA said.

    Corruption will bring downfall of TMC: Mukul Roy

    In an interview to Vasudha Venugopal, Roy, known for his backroom strategies and networking with cadre, said Trinamool leaders were deserting it because of lack of democracy in the party and the corruption in the state.

    SAIL to bring down debt to Rs 40,000 crore by end of March 2021: Anil Kumar Chaudhary, Chairman

    Irrespective of the boom or lean period, one should continue to work on the expansions. We need to increase the volumes, we have to go for a quantum jump in the volumes, says SAIL chairman Anil Kumar Chaudhary

    We wanted to harness the outpouring of generosity during Covid-19 and scale it: Atul Satija, CEO, GiveIndia

    We wanted to harness the outpouring of generosity during Covid-19 and scale it: Atul Satija, CEO, GiveIndia

    ICRF worked across three key programs: Cash relief, humanitarian aid and addressing healthcare needs for frontline workers and hospitals. For the flagship mission — Support COVID-19 Hit Families we partnered with non-profits across the country to help daily wagers and migrant workers who had lost their means of earnings, Satija said.

    We play a catalytic role in making travel easy and effortless: Shikhar Aggarwal, Joint MD, BLS

    We play a catalytic role in making travel easy and effortless: Shikhar Aggarwal, Joint MD, BLS

    In an e-mail interview Shikhar Aggarwal, joint managing director, BLS discusses consular services outsourcing, impact of Covid-19 on outsourcing business and more.

    We are a peaceful state, Wistron’s incident one-off incident: BS Yediyurappa, Chief Minister, Karnataka

    We are a peaceful state, Wistron’s incident one-off incident: BS Yediyurappa, Chief Minister, Karnataka

    "It is very unfortunate and we have been in constant touch with both the company and the union government. We are helping the factory to restart soon. I am very saddened, but it is a one-off incident and will not pose a setback to our intentions to create a labour code that works for both the labour and industry," Yediyurappa said.

    Tier 2 and 3 cities will be the post-Covid hubs of gender diverse hiring: Saundarya Rajesh

    Tier 2 and 3 cities will be the post-Covid hubs of gender diverse hiring: Saundarya Rajesh

    India’s women’s labour force participation is at an all-time low of 21%, down from 25%, due to the increase in the number of jobs lost by women. In urban India, only 12 out of every 100 still employed are women, a shocking statistic, down from the already low 18, pointed out Saundarya Rajesh.

    Protest hijacked by Maoist elements, demands beyond ambit of farm laws: Piyush Goyal

    Protest hijacked by Maoist elements, demands beyond ambit of farm laws: Piyush Goyal

    The leadership is now totally in the hands of the ultra-Leftists. The Maoists have hijacked the movement. They are the vocal group in the meetings and are not willing to discuss issues but are more interested in disrupting the talks, said Food and Consumer Affairs Minister Piyush Goyal.

    LIC asked to consider IDBI bank exit along with government, says Financial Services Secretary

    LIC asked to consider IDBI bank exit along with government, says Financial Services Secretary

    He also said work on the legislative changes required for LIC's initial share sale was at an "advanced stage" and the changes are likely be introduced in Parliament in the budget session.

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