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.
When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.
While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
COMMENTS