Thursday, 20 September, 2018

Economy

IL&FS

India’s homegrown belt-and-road initiative now faces debt crisis

IL&FS and its associates have $12.5 billion in debt, of which $500 million is due over the next six months.
Devendra Fadnavis

To keep promise, Fadnavis plans to build Mumbai financial hub above bullet train station

The first station for Mumbai-Ahmedabad bullet train has been envisaged on the same plot set aside for the financial hub.
The National Stock Exchange of India, Mumbai | Wikimedia Commons

India’s world-beating stock market run may be coming to an end

Goldman Sachs says India’s equity market looks less favorable amid elevated valuations, a potential slowdown in economic growth and upcoming elections.

After April high, India’s forex reserves fall below $400 billion mark

Drop being attributed to RBI's efforts to arrest rupee fall but experts say no reason to panic for now.
Artificial Intelligence

Artificial intelligence may gobble up jobs, but it will also free men to do care work

Currently much care work is low paid, unpaid or invisible – and mostly done by women.
SEBI

Brokers urge Sebi to delay extended derivative trading

Local and foreign brokers have raised concerns over their readiness and the costs of implementing the proposal.
With the world becoming aware of the energy crisis with each passing second, solar energy has emerged as one of the most popular forms of energy | Wikipedia Commons

India’s new solar safeguard duty may threaten PM Modi’s ambitious renewable energy plans

The development follows a decision earlier this week by India’s Supreme Court that overturned a lower court stay on the tariff.
Arundhati Bhattacharya

SBI ex-chief on Vijay Mallya: Loan was taken. He can pay. So why should it take so long?

Arundhati Bhattacharya had said that SBI went after Vijay Mallya as he had given a personal guarantee for Kingfisher’s loans.

Why Lehman’s Act 3 won’t play in emerging markets

The forces that hastened Lehman’s demise have steadied emerging markets in the last 10 years.
Asad Umar

Pakistan’s new finance minister isn’t afraid of taking risks

People who know Asad Umar say he's brilliant, has a good team and is the right man to fix the problems Pakistan faces.

Mohan Bhagwat says no Hindu Rashtra without Muslims: Is RSS changing before 2019 polls?

Mohan Bhagwat, during the three-day RSS lecture series called ‘Bhavishya Ka Bharat’, said that the Sangh’s interpretation of Hindutva does not exclude Muslims a...

There’s a humongous scam in the Rafale deal. It is called stupidity

The Rafale deal is just a glaring example of the BJP government’s unsuccessful handling of defence purchases.