Saturday, January 23, 2021
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Banking Regulation (Amendment) Bill goes though Rajya Sabha

On September 22, Finance Minister Nirmala Sitharaman pushed the Banking Regulation (Amendment) Bill, 2020 through Rajya Sabha, paving its way to becoming an Act after the president’s signature.

Public Police, a profile

The ‘Public Police’ NGO was conceived and incorporated as a registered trust in New Delhi India by Rakesh Maheshwari, a senior Chartered Accountant and Deo Datta, a former senior IAS.

Demand rises for full security guarantee of money placed in FDs

In late 2017, the common people of India were suddenly shocked to find that there was a distinct possibility that all their deposits in banks, especially public sector banks, could suddenly be locked out of their reach, consumed by the bank itself, if the bank fails or even flounders.

Is a 1997 Asian Crisis Looming?

India’s economic environment has uncanny similarities with the Asian crisis which plunged stock markets and currencies across the region. Without bold action, it faces a similar situation By Sanjiv...

Lowering Repo Rate: India’s One-legged Stool

Above: Union Finance Minister Nirmala Sitharaman with Reserve Bank of India Governor Shaktikanta Das (centre) at an RBI Board meeting, in New Delhi/Photo: UNI RBI’s lowering of interest rates may n...

India’s Debt: The Foreign Hand

Above: Finance Minister Nirmala Sitharaman on the way to present her maiden budget/Above: UNI The FM’s announcement that the budget deficit would be financed from international markets has created ...

Wanted: A Judicious Gatekeeper

Above: Standard & Poor’s, one of the largest CRAs in the world The government wants to increase regulations on the credit rating agencies. This won’t prevent another IL&FS. It will only inc...

The GDP Storm

Above: Nirmala Sitharaman taking charge as finance minister. The government’s Economic Advisory Council has rebutted Arvind Subramanian’s claims on India’s GDP figures/Photo: PIB The government is ...

RBI Rate Cuts: This Is No Panacea

Above: The recent lowering of repo rates by the RBI, the third consecutive rate drop this year, signals an economic slowdown/Photo: For a slowing economy, rate cuts will be beneficial...

Dual-class Shares: Power Play

Above: SEBI must be cautious in allowing dual-class shares’ listing in the stock market Issuing different classes of shares with differential voting rights results in management being unaccountable...

News Update

Delhi Congress VP files PIL in Delhi HC, asks Centre to reveal funds allotted to three municipal corporations

Dutt told a press conference the BJP has been in control of the municipal corporations for 13 years. The BJP had said in the 2017 manifesto that if the Delhi government does not provide funds, it will take money from the Centre.

Communal remarks against AMU, Sir Syed: Allahabad HC dismisses Hindu Mahasabha leader’s plea to quashing FIR, stay of arrest

It had resulted in hurting the feelings of a particular community and spreading hatred. The allegations prima facie discloses commission of cognizable offence and therefore, the FIR requires proper investigation and cannot be quashed at this stage.
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