scorecardresearch
Saturday, August 9, 2025
TopicFSDC

Topic: FSDC

India needs a financial crisis agency to handle impact of Covid and future disasters

The Financial Stability and Development Council was set up by the Indian govt to safeguard against crises, but its non-statutory status poses major limitations.

Nirmala Sitharaman chairs first FSDC meeting since Covid-19 outbreak, reviews economy

The 22nd meeting of the FSDC held via video conferencing assumes a greater significance as the economy is expected to contract by 5 per cent according to some estimates.

Housing finance regulator NHB comes in for tougher oversight to prevent liquidity crisis

With visible signs of stress among housing finance companies, the NHB’s inclusion in FSDC will aid better information sharing among regulators.

On Camera

Bank nationalisation will be a blow to India’s mixed economy, lead to totalitarianism: Phiroze Shroff

If banks were to be nationalised, politicians would start interfering with bank officials and put undue pressure on them, Prof Shroff wrote in 1963.

Go Swadeshi—RSS affiliate SJM calls for boycott of US firms Amazon, Walmart after Trump’s tariff hike

New Delhi: The day after the US imposed a 50 percent trade tariff on India, RSS affiliate Swadeshi Jagran Manch (SJM) has made an...

Shadow war over India’s defence procurement on social media raises concerns of dodgy & undue influence

One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.