NewsClick spoke to Priya Dharshini from the Centre for Financial Accountability about the ongoing bank mergers in order to understand the larger implications of the mergers on the banks as well as economy. We...
On August 30, Finance Minister Nirmala Sitaraman announced the consolidation of 10 public sector banks (PSBs) into four large ones. The background of the announcement is the current full-blown economic crisis and a brewing...
In the wake of RBI’s decision to transfer Rs 1.76 lakh crore to the government as per the recommendations of the Bimal Jalan-led committee; and Modi Government’s the decision to merge 10 Public Sector...
A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took...
August 18, 2019, Chennai: The recently concluded two-day conference on Energy Finance in India at IIT Madras witnessed enthusiastic participation from various regulators, experts, industry leaders, bankers, activists and discussion on issues related to...
New Delhi, Aug 16 (IANS) A financial assessment on Friday revealed a massive 90 per cent decline in coal power investment in India in 2018 compared to the previous year. The report looks at coal...
For Immediate Release Conference Dwells into investments in Energy Sector Chennai August 17, 2019: Underling the importance of a closed monitoring of investments in the energy sector, raising concerns about the growing non-performing assets in...
For Immediate Release Massive Decline in Lending to Coal Power Projects in 2018: Report CHENNAI, 16 August 2019: The Coal vs Renewables 2018 – an annual energy investment trend report – reveals a significant drop in...
The report by the Delhi based financial institute Centre for Financial Accountability analysed project finance lending to 54 energy projects that reached financial close in 2018. By IANS NEW DELHI: A financial assessment on Friday...
India Inc. is now officially facing an economic slowdown. But economic slowdowns aren’t made overnight. This has been in the offing for almost a year now. On 23 June 2019, the Reserve Bank of...
Insolvency and Bankruptcy Code (IBC), once hailed as the panacea of all ills plaguing bad debt of corporations and for quick recovery of outstanding loans from them, has been in operations for a while...
The first budget of the newly re-elected government was placed on July 5, 2019, by the Finance Minister Nirmala Sitharaman. The budget failed to address the real problems of the economy like unemployment, agrarian...
NAGPUR: Though not as green as the BJP’s pre-election manifesto, the Union budget presented on Friday promised ‘Green Mother Earth and blue skies’. The high point was the boost given to electric vehicles for...
Centre for Financial Accountability raised concerns over the future risk for government exchequer by pointing out the nexus of Asian Infrastructure Investment Bank (AIIB), National Infrastructure Investment Fund (NIIF), Abu Dhabi Investment Authority and...
The AIIB has developed into a major player in the global financial architecture in record time: It first became operational in January 2016, and as it completes its third anniversary in 2019, the Beijing-based...