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CATEGORY

Economy

Need For Ethical Conduct In Banks

Above: Customers at a Bank counter/Photo: UNI As increasing cases of corruption hit the banking sector, it is obvious that many Indians don’t look at wrongdoing as a moral issue but as something ac...

Write-offs: no solution for NPA problem

A plea in the apex court to restrain banks from writing off NPAs is timely as the cost for doing so is borne by the citizens. It is time India’s financial institutions were immediately overhauled ...

Independent Directorship at IL&FS: Put on Notice

Above: Following IL&FS’ default crisis in September 2018, more than 70 independent director positions lie vacant/Photo: ilfsindia.com Beleaguered IL&FS has seen few takers for the post of i...

Get a Pie in Commercial Space

In a major step towards financial reform, India’s first REIT will enable investors to own a share in realty projects and bring professionalism, transparency and liquidity to the sector By Sanji...

Hike in EPFO Interest Rates: A Baffling Move

Above: Union Home Minister Rajnath Singh with EPFO pensioners in Lucknow/Photo: UNI It is fiscally imprudent to hike EPFO interest rates to 8.65 percent from 8.55 percent and to pay out more than w...

A Swap with No Magic

Above: Jet Airways, India’s second largest carrier, has piled up debts of over Rs 8,500 crore/Photo: UNI The move by banks to take over the airline’s debts in return for equity may not change the ...

GDP Figures: Gaming the System

Consumption, investment, government spending and exports were all higher under the Manmohan Singh government than under Modi. Yet, somehow, revisions of past GDP numbers claim a better economic re...

RBI-Government Ties: Temporary Truce

Above: Finance Minister Arun Jaitley addresses the Central Board of Directors of the RBI. In a meeting on Nov 19, the board acceded to the government’s request to work out a loan restructuring scheme ...

India’s Doing Business Index: No Rocket Science

Above: PM Narendra Modi with US business leaders in Washington, DC/Photo: UNI While there is a modest improvement, it is still hard to do business in India. For the regulatory burden to be reduced,...

Public Credit Registry: For a Few Pennies More…

Above: In October 2017, a panel set up by the RBI recommended the establishment of a public credit registry to collate all loan info for individuals and corporate borrowers/Photo: UNI The RBI’s pro...

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