How FRDI bill can save failing banks without touching your money

THE ECONOMIC TIMES Daily Newsletter

Indian Railways targets Rs 30,000 crore through asset monetisation The railways has lined up 30,000 km of its power transmission lines for monetisation and is in talks with two public sector units that are willing to invest.

Government hospitals may open doors to private doctors The labour ministry may offer shorter working hours and the option of operating from their own clinics to such doctors, said a government official.

Internet service providers join the DoT to wipe out child porn content from net Companies such as Vodafone India and Tata Communications have stepped up their efforts in partnership with international groups such as the Internet Watch Foundation (IWF).

Bill replacing IBC ordinance to allow promoters of insolvent companies more time to repay dues The Bill, which is expected to be introduced in Parliament soon, seeks to ease some norms and iron out some of the drafting ambiguities in the ordinance.

Up to 650% return: 27 stocks from this sector doubled wealth in 2017 Despite many headwinds, this index managed to beat Sensex (up 27 per cent) this calendar.

Sebi approves stock, commodity bourse convergence from October 2018 The move will allow bourses like NSE and BSE to launch commodity products.​​

From our Partners The digital initiative which is transforming lives of millions "We make a living by what we get, but we make a life by what we give," goes a saying by Winston Churchill.

Government doesn't want Air India to go Kingfisher Airlines way: Ashok Gajapathi Raju The government does not want anyone working in Air India to lose job, Raju said in the Lok Sabha, adding that the disinvestment process of the national carrier has been initiated. Apple's Tim Cook must fly private, after making $13 million in 2017 According to The Telegraph, Cook took home $12.8 million for 2017 -- with $3.06 million as salary, $9.3 million in cash bonuses and the rest as additional compensation.

The robots are coming, and Sweden is fine Sweden's famously generous social welfare system makes this a place not prone to fretting about automation — or much else, for that matter.

From our Partners 5 reasons why ULIPs can help you save for the long term

Not satisfied with your bank's services? This is what others like you are doing In 2016-17, the total 20 offices of banking ombudsman received more than 1,36,000 complaints of which 92 per cent were disposed within the year.

Electric cars will usher in a brave new world in India in 2018 It will be a momentous year in Indian history as the govt — usually seen to be lagging in new trends — will be making a new beginning by acquiring a fleet of e-cars.

Watch out Modi, Moody's will be tracking this Budget very closely Fears of fiscal slippage have come alive as the government plans to borrow an additional Rs 50,000 crore in this financial year.

How FRDI bill can save failing banks without touching your deposits The best way out is to amend the bill to specifically exclude deposits from the liabilities that the Resolution Corporation could choose for bail-in.

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