The ever widening inequality in our country can be reversed only by taxing the rich. Even during the two years of the Covid-19 pandemic the income that Mukesh Ambani earned is equivalent to what a NREGA Worker will...
Silicon Valley Bank which was one of the biggest banks in the US collapsed, followed by Signature Bank. Now Moody’s Investor Service has placed First Republic Bank, Western Alliance Bank Corp, Intrust Financial Corp,...
Banks abroad work only five days a week. International financial system works only five days a week. Reserve Bank of India works only for five days a week. The Central Government Offices and most...
15 crore workers who have registered under the Mahatma Gandhi National Rural Employment Scheme have been under difficulties ever since the BJP Govt came to power in 2014.
Economic empowerment is essential for women to participate in different actions and struggles. There are many examples in India where women have mobilised themselves to economically improve their life and also participate in collective...
The Reserve Bank of India has been announcing repo-rate hikes for some time. While most of the commoners don’t understand what that means but know that it is spiking their EMI. They are told...
The Godi media which had been asking for opinions from people on what is needed from the budget has forgotten the wishes of people and showering encomium on the Finance Minister who has made...
Mr Gautam Adani who become the second-richest man due to the support of Mr Narendra Damodardas Modi (See Random Reflections – Why boycott Adani) is in deep trouble. Almost every bank in the country...
In this in-depth analysis of the entire Demonetisation process in the context of the 4:1 Supreme Court verdict delivered on January 02, 2023, points out that the extensive damages caused by the 2016 measure...
When RBI is refusing to disclose details of borrowers whose loans are written off except in the case..
For the past 36 years, banks' pensions have not been upgraded. No social security, like universal basic income, is considered. The vast majority of unorganised sector workers (94%) do not have access to provident...
RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositors’ interests and provide cost-effective banking services to the public. Its roles are...
Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. From jobless growth, we are in 'job loss' growth. Study after study confirms...
G-20, (abbreviation for Group 20) is a fancy name. It has attracted the imagination of many around the globe and is often dubbed as the most important association of nations that matter in terms...
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...