Bankers have successfully achieved their dream of five-day work along with wage revision with the help of their unions, but there is more than meets the eye. Let’s get into the details and understand...
The largest bank in the country has earned the trust of the people. That’s why there are 48 crores accounts in the bank. But its recent request seeking more time to furnish the data...
I am not a big fan of international Rating Agencies, but the recent report of Goldman Sachs analysts shows that they too agree with our concerns on Indian Economy.
The Interim Budget 2024 created a lot of expectations as it is presented in the election year. But did it fulfil them, or did it fulfil any other promises made earlier?
A recent settlement by the National Company Law Tribunal (NCLT) , Mumbai Branch on December 19, 2023 had approved a resolution plan in respect of Reliance Communications Infrastructure Ltd. (RCIL), a wholly-owned subsidiary of...
Our country has a debt of $21.23 trillion (Rs.155.77 lakh crore in March 2023) estimated to increase to Rs.172.50 lakh crore by March 2024. IMF has projected it to reach 100% of GDP by...
The five state election results are being analysed from various angles. Communal polarisation, EVM manipulation, welfare schemes are the ones being talked about much more.
It is the duty of the Union Government which collects GST from every citizen to deliver electricity at affordable prices to the remotest parts of the country and reach out to the most disadvantaged...
In spite of the Hindenburg report and the SEBI enquiry under progress, the SBI-led consortium has agreed to give another Rs 34000 crore to the Adani Group as per the news reports.
Addressing a Rozgar Mela last month and virtually handing over 70,000 appointment letters (remember the 2 crore jobs per year promise and the vacant 9, 60,000 posts in the union government itself) the prime...
Though the government announced two years ago that it is going to privatise two public sector banks, it could not privatise even one so far because of the strong opposition from the United Federation...
The Financial Stability Report (FSR) released by the Reserve Bank of India (RBI) has certain very damaging revelations. It is surprising that RBI gave thumbs up to them and claimed that non-performing assets (NPAs)...
The RBI circular dated 8th June 2023, permitting public sector banks, private banks, small finance banks, co-operative banks and non-banking finance companies to have compromise settlements with willful defaulters
Wilful defaulters and companies involved in fraud can go for a compromise settlement or technical write offs by banks and Non -Banking Finance Companies, as per the new RBI circular.