Privatization of Public Sector Banks: A Lethal blow to Social Banking

A Critical Report on Indian Overseas Bank Today our country is in an economic crisis, mainly due to the COVID-19 pandemic. There is massive unemployment. Rural infrastructure is not improving, and the Central Government...

Read more May 30, 2022 at 6:23 pm Kannan Neelamegan

The Lankan Crisis: Lessons for India

While the mainstream media covers the turmoil in Sri Lanka as something that is unfolding on a day to day basis, what is lost out is the long term trajectories that have precipitated the...

क्या अब महंगाई से निपट पाना मुमकिन है ?| हमारा पैसा हमारा हिसाब

महीनों तक नकारने , दिखावा करने और बड़ी बड़ी बात करने के बाद आखिरकार सरकार को सच मानना ही पड़ा। देश एक बड़े आर्थिक संकट की और जा रहा है और महंगाई ने हमारी...

How do the Indian State and the Banks make Oligarchs the Global Champions?

Some time ago, Mr Amitabh Kant, CEO of Niti Aayog stated they can’t take care of 140 billion people but will create a few global champions.

Read more May 27, 2022 at 5:44 pm Thomas Franco

Despite Increased Spending, Health Outcomes Remain Poor in Backward States

The 15th Finance Commission maintained states’ higher share of central taxes while recommending an overall increase in government health spending to prepare better for the next pandemic, but the increase is inadequate considering low...

Read more May 25, 2022 at 12:26 pm Prachi Salve

Are we too late to tackle inflation? The Money Trail

The Money Trail Warning signs were there since last December, but the RBI and the Union Govt did nothing and when things started falling apart they are in firefighting mode. What kept them so...

Can an RBI Board of Director get away calling Public Sector Bank Executives Scums?

S. Gurumurthy, a government nominee on the Board of RBI, made this comment in a recent speech, “Efficient officials in Public Sector Banks are leaving because of low salary and lack of freedom, and...

Read more May 23, 2022 at 1:53 pm Thomas Franco

The Hidden Environmental Costs of India’s Data Centre Push

Data centres are giant industrial collections of servers that store and process data underlying the modern information economy. Most policies concerning the installation, use and maintenance of data centres ignore an important aspect: their...

Read more May 18, 2022 at 1:03 pm Gunjan Jena

Private Investments in Highways Expected to Reach Rs 1 Trillion by FY29

The previous Infrastructure Finance Updates have covered reports from various sectors including roads, highways, airports, railroads, and real estate sectors in this month’s infrastructure finance snippets. In this month’s update we observe that several highway projects...

Read more May 18, 2022 at 12:48 pm Shivani Dwivedi

Fishing Community That Took on World Bank Group Immunity Continues Quest for Justice

Landmark corporate accountability case resulted in critical reforms for the World Bank’s lending arm. Today, the U.S. Supreme Court denied a petition from a fishing community in India whose livelihoods have been destroyed by...

Supreme Court rejects World Bank coal case

The Supreme Court today turned down an appeal from a fishing community to review its lawsuit that seeks to hold an arm of the World Bank liable for environmental damage from a coal-fired power...

When Finance Ministry takes to fakery

It is absurd for the ministry to say 5.5% inflation in FY22 didn’t hurt the poor and even more so its claim that a fall in inflation from 6.2% in FY21 to 5.5% in...

Read more May 16, 2022 at 3:45 pm Prasanna Mohanty

PIL against LIC IPO; the beginning of a significant battle for people’s welfare

On 12th May 2022, the bench headed by Honourable Justice D.Y. Chandrachud, Honourable Justice Suryakant, and Honourable Justice P.S. Narasimha admitted WP ( C ) No.366/2022 filed by advocate S. Prasanna and argued by...

Read more May 16, 2022 at 2:26 pm Thomas Franco

IBC’s stressed asset resolution is under severe stress, needs overhauling

Everything that can go wrong is going wrong with the big-ticket “reform” Insolvency and Bankruptcy Code (IBC) of 2016, which was sold as the panacea for stressed asset resolutions (NPAs).

Read more May 10, 2022 at 1:00 pm Prasanna Mohanty

मालदार पे मलाई टैक्स | Tax The Top | हमारा पैसा हमारा हिसाब

आज पूरा देश आर्थिक दबाव से जूझ रहा है। सरकार खुद सार्वजनिक क्षेत्र की कंपनियों की संपत्ति पट्टे पर दे रही है या बेच रही है।