Presenting the 'white paper' in LS, the Finance Minister compared the 2008 financial crisis and the pandemic, hinting at then Congress-led UPA govt's inadequacy in handling it.
Though RBI has been conservative, such banking crises pose risks to broader Indian economy — potential flight of foreign portfolio capital, pressure on rupee, bad news for stock market.
India can raise the SVB issue with G20 finance ministers and evolve a banking framework to insulate emerging economies of the South from frauds committed by the developed North.
US, China, Europe — financial, strategic, and economic centres of the world — have all been challenged. One must look beyond the chaos and focus on structural fault lines.
Rules-based framework should be put in place up front for govt to exit from Vi, sell 35.8% stake to public. This should prevent future govts from treating it permanently as PSU.
At ThePrint’s ‘Off The Cuff’ Friday, entrepreneur Jaithirth ‘Jerry’ Rao spoke with ThePrint Editor-in-Chief Shekhar Gupta and commentator Gurcharan Das about his new book ‘Economist Gandhi’.
RBI released new draft guidelines for credit default swaps, calling them an essential instrument for developing corporate bond markets. Here's all you need to know about it.
The immediate benefit of Single Tax would be to reduce the sale prices of land to nominal ones. Landowners would no longer find it profitable to keep idle lands, wrote DM Kulkarni in 1960.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
If Pathaan gave both conservatives and liberals room to hide, Dhurandhar extends no such courtesy. Aditya Dhar ripped open that tent of hypocrisy and turned the knife.
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