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Sunday, February 22, 2026
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.

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

Youth Congress, your foolish protest helped the Modi govt climb out of the AI summit hole

In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

MoD, IAF agree on some exemptions to HAL for Tejas Mk1A, but no compromise on ‘must-have’ capabilities

IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.