In the name of making banks into supermarkets, providing all financial services, cross-selling was permitted by RBI and the government in the banking industry. Life insurance policies, general insurance policies, mutual funds etc are...
The Asian Infrastructure Investment Bank (AIIB) came out with a draft Water Sector Strategy in September 2019. The water sector analysis was developed based on the information in the water sector analysis brought out...
India is now a poster boy for the World Bank’s much-criticised Doing Business Report (DBR), and its associated country rankings index (EODB) (see Observer Winter 2018). The country has drastically improved its place in the EODB index, rising...
U.S. Energy Information Administration (EIA)’s data says that India has the fifth largest coal reserves in the world. Coal is also India’s primary source of energy. India, in addition to producing coal in excess...
The Parliament has passed The International Financial Services Centres Authority Bill 2019. The Act will apply to be the International Financial Services Centres (IFSC) set up under See 18 of the Special Economic Zones...
The concept of climate finance originated from the need for financing both the Mitigation (reducing the root cause of Climate Crisis, greenhouse Gas emissions) as well as Adaptation (building resilience in countries, societies, communities...
Why are you shielding the defaulters? Madam Nirmala Sitaraman has to answer! The Government of India has released some data on Bank credit which requires critical analysis. In October & December loan melas Public...
Almost a decade after the construction for the Tata Mundra Ultra Mega Power Project and eight years since the operations of the project started, a revisit to Mundra tells the story of the destruction...
IFC’s Opportunistic $ 24.7 trillion Global Green Investment Plan Adding to the global narrative on low-carbon investments, World Bank Groups’ private lending arm International Finance Corporation’s recent report – Green Buildings: A Finance and...
A two-day regional seminar was held in Bilaspur on 30th Nov- 1st Dec 2019 organized by, All India Forum of Forest Movements (AIFFM) Chhattisgarh–Vidarbha region, Mausam, Beyond Copenhagen Network and Centre for Financial Accountability...
More than Rs. one lakh crore (Rs. 1,08,785.41) revenue forgone due to exemptions availed by corporates in 2019 , informed the Finance Ministry answering a question yesterday (Nov 2) in the Lok Sabha. For...
This economic slowdown comes at a time when crude is a benign $55-$58 a barrel, and world economy continues to grow modestly. So in a very broad & general way, for instance you were...
Caught in an economic slowdown, India’s clean energy transition is likely to go for a toss. What will be the cost? The ongoing slowdown in economic growth and electricity demand has worsened the deep...
Pradhan Mantri Mudra Yojana was launched on 8th April 2015. Categorised as Shishu, for loans upto Rs.50000/-, Kishore for loans upto Rs. 5 lakhs and Tarun for Loans upto Rs. 10 lakh, the scheme...