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Thursday, March 28, 2024
TopicBanking

Topic: Banking

How blockchain could have prevented a PNB-Nirav Modi scam

There were plenty of systems in place to prevent the Punjab National Bank-Nirav Modi case, but they failed. A blockchain-based system might have been more effective at preventing it. 

Who owns India’s banks? Definitely not Indians

Just before the Nirav Modi case, ex-RBI Governor Y.V. Reddy said Indian banking system is mainly owned by govt, followed by foreigners and least by Indians.

The rising cost of capital will trigger a shakeout

As money gets dearer the world over, it makes sense to lock into the current cost of funding to as great an extent as you can.

The key to transforming India: making its villages much smarter

India’s opportunity lies in harvesting technology in a way that leverages what is often seen as its weakness, writes Gautam Adani.

‘The entire anti-poverty NGO industry has been Y2Ked by Aadhaar’

Who is really affected by Aadhaar and who has a problem with it? Here's the full transcript of the live conversation with ThePrint's Editor-in-chief Shekhar Gupta on the subject

Talk Point: A political masterstroke, demonetisation created a new constituency of voters for BJP

Demonetisation was a political move with economic consequences. Among other things, it sought to uproot an old political elite that presumably depends on hoarded cash.

Talk Point: Demonetisation hasn’t even attacked 1 per cent of the black money

Exactly a year ago, Prime Minister Narendra Modi announced an ambitious but enormously disruptive decision to invalidate Rs 1000 and Rs 500 notes, ostensibly...

A year after demonetisation: Still a cash economy, but mobile payments heating up in India

The spike in digital payments settled down, but growth has continued across the board and that is even after the cash returned to the economy.

Government gets bigger

The recapitalisation of banks fits into the pattern set by other developments that indicate we are moving away from the Modi promise of less government.

Talk Point: Is the Finance Minister’s stimulus enough to revive public banks & investment?

Is this move by the government mere financial engineering that hopes to boost sentiment or should it have moved on this much earlier?

On Camera

Social media has made news more graphic. Torture by Russian military is latest example

Before social media, depiction of violence on news was the exception—graphic visuals were either not shown on TV or in newspapers or the images were blurred. This is no longer the case.

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

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.