Yesterday Julian Assange, co-founder of Wikileaks, was arrested from the Ecuadorian Embassy in London, where he took refuge seven years back, after the Ecuadorian governmentâs withdrawal of asylum. Interestingly, exactly a month back, on...
Indiaâs ballooning NPA and banking crisis is a testimony to the reality whereby infrastructure projects have not only failed to bring in private capital, but have instead managed to siphon off small saversâ money...
 March 31, 2019, Mundra, Gujarat: In an afternoon with 41-degree heat, hundreds of men, women, and children from Navinal and Tagri villages of Kutch, and members from the civil society and peoplesâ movements from across...
The Financial Year 2018-19, which recently ended, proved to be the most challenging year for the financial world. The first and foremost challenge was the introduction of the Financial Regulatory and Deposit Insurance Bill...
Executive summary from the report Banking on Climate Change, Fossil Fuel Finance Report Card 2019. The report is prepared by Rainforests Action Network, BankTrack, Sierra Club, Oil Change, Indigenous Environmental Network, Honour The Earth. This year, 163...
It is being emphasised quite often that the infrastructure sector is a crucial driver for the Indian economy. The sector would be responsible for propelling Indiaâs overall development and enjoys intense focus from the...
The World Development Report (WDR) is the World Bankâs development research and policy review report published annually. Started by IBRD since 1978, this report is intended to provide deep and extensive analysis on one...
Answering to a question in the parliament, Pon Radhakrishnan, the Minister of State in the Ministry of Finance, revealed that between the financial year 2015-2018, India paid Rs 396.775 crore as Commitment Charges to the...
To access the banking system through various platforms/processes, banks provide different kind of services to depositors. Bank charge is a fee that banks charge depositors to access these banking services. Recently, banks have started...
The budget session of the parliament witnessed the members asking government questions related to finance. Some of these questions were related to the NPAs, rationalisation of the overseas branches of the banks, charges levied...
The Paris Rulebook (renamed the âKatowice Rulebookâ by many), the outcome of 24th Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC COP24), exposes the perils of a pledge-and-review system. In...
As per the Early Warning System, which collects and verify information about the proposed and existing projects, India, in 2018, had 112 active or proposed projects funded by Development Finance Institutions (DFIs). These institutions...
Public Sector Banks As per the data provided by the government to the Parliament of India, since the financial year 2014-15, until September 2018, the Public Sector Banks have collected Rs 7027.81 crores for...
On December 25, 2108, Minister of State for finance informed the Lok Sabha that out of total 1.31 lakh loan applications received on the newly launched 59 minutes loan, 1.12 lakh applicants received the...
It is a good time for the rich in India. India added 18 new billionaires last year raising their number to 119. Their wealth increased by 35 per cent last year â Rs 2200...
