The Tata Group will take over state-owned Air India, marking a successful end to the government’s bid to privatise the national carrier after having failed to sell a majority stake in it in 2018....
On November 9, 2016, when journalists approached me as the senior vice president of the All India Bank Officers’ Confederation for a comment regarding the demonetisation announcement by Prime Minister Narendra Modi the previous...
The disruption that the demonetisation of high-value currency notes on November 8, 2016, caused to people’s lives, livelihoods and the Indian economy is still fresh in many people’s memories. The direct impact on the...
It has been five years since demonetisation, the surgical strike on November 8, 2016, on India’s high-value currency notes. With hindsight, it’s clear that the high-decibel crusade supposedly aimed at unearthing black money and...
While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing high-value currency notes overnight, it simultaneously stirred a serious controversy on the role of Reserve Bank of...
The demonetisation of high-denomination currency notes on November 8, 2016, created a nightmare for citizens that lasted several months. Long queues formed outside the banks and ATMs to obtain swap denotified currency notes for...
The World Bank has outlined the role it can play as India looks to fund its ambitious National Rail Plan over the next 30 years, which envisages almost 8,000 km of high-speed corridors and...
A few months ago, a news made headlines, doing rounds in the social media about how it was a matter of much shame that India had fallen behind Bangladesh on the metric of Per...
“The government is claiming they are giving only temporary rights for certain duration (through the National Monetisation Pipeline). The key question is how the government will repay this investment that the private companies have...
The Indian stock market is booming. The share price index is repeatedly breaking records. Investors are very happy with this. Around 30 stocks have given 100 per cent returns since February 2021. The enthusiasm...
RBI vide its June 14, 2021 press release has issued a 30 page “Consultative Document on Regulation of Microfinance” (henceforth “Document”) seeking comments from public at large.
Insolvency and Bankruptcy Code was brought in 2016 with a huge fan flare and was presented as a magic solution for the underlying problem of corporate bad loans. After 5 years, we can see...
19th of July is marked as the bank nationalisation day, recognising the historical decision of the Indira Gandhi government to take control of private banks. It is not an exaggeration to say that the...
While celebrating 52 years of Nationalisation, we have a government led by those people who along with their party opposed Nationalisation and now want to privatise everything. It is important to look at History...
A law called “The insolvency and bankruptcy code (IBC) 2016” was enacted in the parliament in May 2016 apparently to recover the mounting Non-Performing Asset (NPA) from the corporate sector. This law enables the...