On August 7 2018, the government officially withdrew its proposed Financial Resolution and Deposit insurance Bill (2017). This Bill aimed to redefine the regulatory framework by introducing a Resolution Corporation (RC) that would have...
After the spate of bank frauds came into the light, the parliamentarians raised this issue in the ongoing session of the parliament. Answering the question in the Lok Sabha, on July 20, 2018, on...
The Transmission System Strengthening Project is a project to expand the interstate transmission network in western and southern India. The project, partly funded by ADB and AIIB (as co-financer) along with the Power Grid...
India shows how hard it is to move beyond fossil fuels towards a renewable future. Hazaribagh, Jharkhand State DARKNESS is falling as coal starts its long, lawless journey from the pit. The first signs...
The privatisation of public sector banks has been an issue of debate for a long time. Economic experts are again talking about privatisation of public sector banks (PSBs) due to current non-performing assets (NPAs)...
For Immediate Release U.S. Government Opposes āAbsoluteā Immunity for World Bank Group in Brief to SCOTUS Washington, D.C., August 1, 2018 ā Late yesterday, the U.S. Government urged the U.S. Supreme Court to reverse...
‘God” is believed to have two strengths, viz., “he is omnipresent” and “he is the creator, reshaper and destroyer of everything around us”. “Finance Capital” is fast acquiring both these “strengths” Believers in “God”...
Amid the backdrop of the beginning of the 10th BRICS (Brazil, Russia, India, China and South Africa) Summit, activists and community organisations held a picket outside the New Development Bank. The Summit kicked off...
The Asian region has experienced the emergence of new MDBs over last few years. For many years, the Asian Development Bank was the only development bank in the region and has been dominated by...
As many of you are aware, we ran an intense stakeholder engagement process on Right to the City and the Smart City in India, over a long period of time. This was part of...
Most of the International Financial Institutions enjoy legal immunity in most of the countries. The immunity enjoyed by IFI’s like the World Bank Group raises pertinent questions around the extent of immunity granted to...
New Delhi, July 14 (IANS): With Japan’s Nippon life Insurance Company purporting to restrict new finance for coal plant projects regardless of their location, a group of environmental NGOs and experts on Saturday hailed...
The Audit Advisory Board (AAB) has not been reconstituted under the chairmanship of newly appointed Comptroller and Auditor General (CAG) of India, Shri Rajiv Mehrishi, who took over the office on September 25th, 2017....
Last week, according to the media reports, the board of the Insurance Regulatory and Development Authority of India (IRDAI) approved public-owned Life Insurance Corporationās (LIC) proposal to increase its stake in the troubled public...
AIIB Third Annual Governors Meeting Prioritises PPPs and Investments in Funds to Mobilize Private Capital for Infrastructure as the Way Forward The last week of June saw India host the third annual meeting of...
