Using Artificial Intelligence in Banking may become disastrous
Geoffrey Hinton, aged 75, known as the father of Artificial Intelligence (AI) has recently resigned as Vice President, at Google to speak about the potential risks of AI.
Withdrawal of Amendment to Factories Act – Lesson for the Union Govt
The Tamil Nadu Government passed an amendment to the Factories Act
Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?
A recent news report by ANI and PTI reported that a senior citizen, Surya Harijan walks many kilometres barefoot with the support of a broken chair to reach a bank to collect her pension...
Mudra Loans and the Dangers of Micro Finance
The Finance Minister has claimed that in the past eight years the government has disbursed 41 crore Mudra Loans worth Rs.23 crores. This is not at all the government’s money.
Is the Finance Ministry Misleading the Parliament to Save Adani?
Almost every day, new information is surfacing. Favours given in allocation of ports to Adani, airports bestowed on him, coal auctions going to him, oil import contracts coming his way, and the list goes...
Tax the Rich Campaign Gains Momentum
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...
Will India Learn a Lesson from the US Private Banks Collapse?
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,...
Finally a Five-Day Week in Banks!
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...
100 Days agitation by 100 workers per day demanding 100 days’ work without hitches
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.
Empowering women economically leads to overall development
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...
Interest Rates in Banks – Where the rich pay less than the rest!
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...
Budget: A cruel joke on the majority and benefits for the rich
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...
Who is going to fall? Gautam or Narendra?
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...
Demonetisation, Supreme Court order and unanswered Questions
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...
RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped
When RBI is refusing to disclose details of borrowers whose loans are written off except in the case..
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