December, 2017: India ranks 5th in list of countries with highest NPA levels

India ranks fifth out of 39 major economies with a pile of bad loans, according to a recent report. At 9.9 per cent, the ratio of non-performing assets (NPA) to the total loans collected by Indian lenders is far higher than that of banks of the United States, United Kingdom, Germany and Japan. In fact, the NPAs of these economies were less than 2 per cent.

December, 2017: Himachal Politics- A Generational Shift!

After its chief ministerial nominee Prem Kumar Dhumal suffered a shocking defeat in the Himachal Pradesh assembly election, the Bharatiya Janata Party (BJP) announced the name of Jai Ram Thakur as the party’s chief ministerial candidate.

The name of Thakur, a five-time member of legislative assembly (MLA) from the Seraj constituency in Mandi district, was announced after a meeting between the party’s central observers—Union ministers Nirmala Sitharaman and Narinder Singh Tomar—and newly elected members of the legislative assembly (MLAs) and other party leaders in Shimla.