While the RBI was sleeping…
Nearly a month after Maruti Suzuki chairman RC Bhargava raised a stink by saying that people’s ability to buy small cars has eroded and would continue to decline next year and national dailies reported...
Why are Public Sector Banks performing better?
The quarter 2 results of the public sector banks are noteworthy compared to a few years ago. All these banks showed good profits in the financial year 2021-22. Twelve PSBs made a net profit...
The biggest hurdle in facing the recession is the Govt’s lack of political will
“In my entire career as a public servant I haven't witnessed the extraction of public wealth for private profit on the scale that we see today”, said Jawhar Sircar, Rajya Sabha member, Trinamool Congress,...
Government in Denial of Economic Recession; The Repercussions will be Unprecedented: Conference on Finance
“The government had borrowed money from the IMF during the pandemic and yet did not spend it in order to keep the fiscal deficit in control! This internalisation of keeping the fiscal deficit under...
महंगाई का पारा कैसे चढ़ा? क्या रिज़र्व बैंक कभी बताएगा?
मुद्रास्फीति को 6% की सीमा तोड़े 9 महीने से अधिक समय गुजर चुका है। कानून के अनुसार, आरबीआई को महंगाई को नियंत्रित न कर पाने पर अपनी विफलता पर सरकार को जवाब देना चाहिए।
Why inflation blew up in our face and why RBI won’t explain the reasons to the people
It has been more than 9 months since inflation broke the 6% ceiling. As per the law, RBI is going to write to the government explaining their failure to contain it, but both parties...
From Desperation to Destitution to Despair
The callous and unwarranted announcement of demonetisation in November 2016 was one of the cruellest blows to the majority of India’s citizens, compelling them to plunge from what was already a life of desperation...
CBDC–Is it going to be used in elections? Or leading to another demonetisation?
Shaktikanta Das, the governor of the Reserve Bank of India, had so far maintained that India is not ready for a digital currency, but suddenly he has announced that from November 1, Central Bank...
IDBI Privatisation: Betrayal with Parliamentary Mandate & Mandate of the Constitution
After getting independence in the year 1947, India adopted the process of planning for the economic development of the country. As soon as it became a republic, in 1950, the first five-year plan was...
विश्व भूखमरी सूचकांक | क्या सरकार के पास अपना कोई डाटा नहीं?
दुनिया भर के लोगों की खुशहाली बयां करने वाली विश्व भुखमरी सूचकाँक रिपोर्ट ने भारत को 121 देशों में से 107वां स्थान दिया। सरकार ने एक बयान जारी कर इस रिपोर्ट को गलत बताया...
Loan Mela to Rozgar Mela -Hoodwinking People, the BJP Style
Registration for the Rozgar Mela 2022 is going to start online for 9,74,327 vacancies. Let us look at the details first.
The Global hunger Index – India denying its own data!
The Global Hunger Index has placed India at 107th position below Pakistan, Nepal and even Sri Lanka. The Indian government reacted with a strong rebuttal, alleging flawed data collection, poor methodology and conspiracy to...
A New Frontier in Infrastructure Financing: Analysis of Infrastructure Investment Trusts
A Case Study of Oriental InfraTrust Research raises red flag over international financial support for risky new infrastructure finance model 20 October 2022: Centre for Financial Accountability (CFA) and Recourse today release a new report,...
Should SBI become the voice of the Government?
State Bank of India is a Public Sector Bank in which the Union Government holds a 54% share. It has to be independent, and it has acted independently in the past. For example, Mr...
IDBI Bank Sale—The Height of Madness
When the Nobel Prize in Economics is awarded to economists for their work on “why banks should not be allowed to fail,” the Union Government announced an Expression of Interest in selling IDBI Bank.
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