‘God” is believed to have two strengths, viz., “he is omnipresent” and “he is the creator, reshaper and destroyer of everything around us”. “Finance Capital” is fast acquiring both these “strengths” Believers in “God”...
Amid the backdrop of the beginning of the 10th BRICS (Brazil, Russia, India, China and South Africa) Summit, activists and community organisations held a picket outside the New Development Bank. The Summit kicked off...
The Asian region has experienced the emergence of new MDBs over last few years. For many years, the Asian Development Bank was the only development bank in the region and has been dominated by...
As many of you are aware, we ran an intense stakeholder engagement process on Right to the City and the Smart City in India, over a long period of time. This was part of...
Most of the International Financial Institutions enjoy legal immunity in most of the countries. The immunity enjoyed by IFI’s like the World Bank Group raises pertinent questions around the extent of immunity granted to...
New Delhi, July 14 (IANS): With Japan’s Nippon life Insurance Company purporting to restrict new finance for coal plant projects regardless of their location, a group of environmental NGOs and experts on Saturday hailed...
The Audit Advisory Board (AAB) has not been reconstituted under the chairmanship of newly appointed Comptroller and Auditor General (CAG) of India, Shri Rajiv Mehrishi, who took over the office on September 25th, 2017....
Last week, according to the media reports, the board of the Insurance Regulatory and Development Authority of India (IRDAI) approved public-owned Life Insurance Corporation’s (LIC) proposal to increase its stake in the troubled public...
AIIB Third Annual Governors Meeting Prioritises PPPs and Investments in Funds to Mobilize Private Capital for Infrastructure as the Way Forward The last week of June saw India host the third annual meeting of...
Professor Arun Kumar questioned the model of economic growth by asking who is it for. The economy is not growing at 7%, as claimed by the government, the big shocks of demonetisation and GST...
“AIIB has created a superstructure, an ecosystem which acts as a complex web of shining terminologies and projects to attract investments, which actually is a smoke screen to hide the fact that there’s no...
Senior activist Ulka Mahajan of Sarvahara Jan Andolan said, “The infrastructure that is being developed is not what people demand, but it is what global capital demands. The international financial institutions are promoting corporate...
Close to past two decades India has been observing measures to reform the water sector based on the financial sustainability model put forward by the International Financial Institutions (IFIs) based on principles like increasing...
A year back when we started our weekly newsletter Finance Matters, what we intended was to bring together the news and analysis from the world of finance, in a form and language comprehensible to...
The information available in public domain is that JICA is financing the Mumbai-Ahmedabad Bullet Train Project by lending 88 thousand crore rupees at an interest rate of 0.1%. Payback period is 50 years with...