Asia Infrastructure Investment Bank (AIIB) recently concluded its Second Annual Board of Governorsā meeting in Jeju, South Korea.Ā The three-day-long meeting, during June 16-18, 2017, saw the participation of Board of Governors, representatives from...
A U.S. Federal Court has held that the International Finance Corporation (IFC) is entitled to āabsolute immunityā 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...
The year 2015 was called a landmark year in terms of global environmental action. Two global agreements were reached and sealed ā both critically concerned with the future environmental health of the earth and...
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 outĀ 86%Ā of the currency in circulation overnight, one of...
Dr Thomas Franco, the vice president of All India Bank Officers Confederation, says Urjit Patel (RBI Governor) is morally responsible for causing crisis and deaths in the country. Franco said the government should have...
Prof. Prabhat Patnaik speaks on demonetisation and the problem
Mapping Coal Project Finances in India Who finances coal projects in India? What is the quantum of money behind these large coal projects? What proportion is financed by international financial institutions and national financial...
Donāt account holders have the right to know where their money is being invested? I was disturbed by news that my bank, the State Bank of India, has invested in a company that makes...
IMF research department came out with an article āNeoliberalism: oversoldā in Finance and Development a quarterly magazine published quarterly by IMF. The article says while the neoliberal agenda has rescued millions from poverty, the...
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