We all know of the killing impacts of coal based power plants – from the massive air pollution, from water contamination and from the dirty coal mines. As per the “State of Global Air...
For Indian corporations, the grass seems to be getting greener the other side. Investments and acquisitions abroad have been the hallmark of Indian corporations the past decade and a half. While acquisitions of Jaguar...
August 23, 2017, New Delhi: “The corruption in the power sector is in the tune of over one lakh crore,” said senior journalist and author Paranjoy Guha Thakurta. The former editor of EPW and...
New Report, looking into the share of particular sectors -in particular, power, steel infrastructure
It is an acknowledged fact that the Indian banking system is facing an unprecedented crisis. The problem of bad loans and the need for a capital infusion, drastic changes in financial policies, new legislation...
August 10, 2017, New Delhi: “The government, which is arguing against the right to privacy in Aadhaar, is fighting for the privacy of large corporate defaulters,” said eminent lawyer Prashant Bhushan, who has raised...
Conversations on Finance Understanding Goods and Service Tax (GST), its impact and implications GST, as a concept, introduced by the UPA government in the budget speech by Chidambaram, is a reality today. Pranab Mukherjee,...
Anuradha Munshi International Finance Corporation (IFC), a member of the World Bank Group, is going to invest up to $6 billion in the next five years on various sustainable and renewable energy programmes in...
A group of civil society organisations, which has reviewed, and analysed the 2017 draft of the National Energy Policy (NEP), submitted its comments and suggestions from the financial perspective for improving the draft of...
The union cabinet, chaired by Prime Minister Narendra Modi, has recently approved the proposal to introduce the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 in the upcoming monsoon session of the Parliament. The...
Like India once had a Ministry of Disinvestment, it’s time she has a Ministry of Loss Making. How else can one understand government’s eagerness to buy out all loss making projects, whether in coal,...
Asia Infrastructure Investment Bank (AIIB) recently concluded its Second Annual Board of Governors’ meeting in Jeju, South Korea. 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 “absolute immunity” 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...
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...
