A U.S. Federal Court has held that the International Finance Corporation (IFC) is entitled to âabsolute immunityâ from lawsuits brought by communities harmed by IFC projects. The case, filed by communities affected by the...
Non-Performing Assets (NPAs), a euphemism for toxic or bad loans, has been looming over Public Sector Banks (PSBs) for over a year. C. P. Krishnan, the General Secretary of Bank Employees Federation of India...
The Constitution of India has accorded the Parliament the supremacy among the three organs of the Union government viz legislature, executive, and judiciary. Parliament not only makes the laws but also enables the citizens...
For Immediate Release Federal Appeals Court Rules That World Bank Group Cannot Be Sued For Harming Communities Affected Communities Plan Further Legal Challenge June 27, 2017, Washington D.C., and Mundra: The U.S. Court of...
Press Statement | 26 June 2017 Bailout Pleas by both Adani and Tata Projects in Mundra a symptom of larger menace; Government should not acquire liabilities, to waste public money; Both corporations should be...
After bifurcation of the erstwhile Indian state of Andhra Pradesh in June 2014, both the new states of Telangana and Andhra Pradesh are sharing the Hyderabad as capital for 10 years. Chief Minister of...
Bank Information Center Europe and Center for Financial Accountability India have recently co-published the report âRisky Business: Will the Asian Infrastructure Investment Bank choose to avoid funding coal in India?â This report comes just...
The year 2015 was called a landmark year in terms of global environmental action. Two global agreements were reached and sealed â both critically concerned with the future environmental health of the earth and...
After the storm of demonetisation, which unsettled the economy back home, India is hosting the 2nd annual meeting of New Development Bank (NDB) from March 31 â April 2, 2017. NDB is the financial...
February 07, 2017: Mundra, Gujarat The U.S. Court of Appeals for the District of Columbia Circuit heard arguments in Budha Ismail Jam v. International Finance Corporation, a case against the International Finance Corporation (IFC),...
Seminar on Understanding Financial Technology, Cashless India & Forced Digitalisation YWCA, Ashoka Road, New Delhi January 24, 2017, 930 am Programme Schedule 9.30 am â Registration 10 am Introduction to the Seminar & Setting...
In the process of establishing an ultra mega power project, CGPL has caused irreversible damage to the fragile ecosystem of Kutch At a time when the biggest seller of weapons is bestowed with the...
Press Release January 6, 2017: New Delhi Prominent peopleâs movements and other civil society organisations from India today extended their support and solidarity to the struggle against the India supported Rampal power project in...
An Analysis of Parliamentary Debates in India on International Financial Institutions (1984-2009) This report critically examines how international financial institutions (IFIs) such as the World Bank, IMF, and Asian Development Bank have increasingly influenced...
Indian banks should have safeguard policies of the kind followed by international financial institutions. Despite the crisis in several parts of India following demonetisation, which sucked out 86% of the currency in circulation overnight, one of...
