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Sunday, March 15, 2026
TopicIL&FS Financial Services

Topic: IL&FS Financial Services

Finance minister Arun Jaitley meets Urjit Patel as rift widens

Vrishti Beniwal -
RBI under Patel has been pushing for more powers to clean up bad debts, but the Modi government wants banks to continue lending

How Indian rating agencies missed the IL&FS mess

Anurag Joshi -
India’s credit rating industry has come under scrutiny after firms that assessed IL&FS failed to see the financial troubles brewing at the financier.

IL&FS seeks insolvency cover to avoid bankruptcy amid string of defaults

Anurag Joshi -
IL&FS has missed more than 5 debt payments since August and is trying to settle the matter with creditors outside the insolvency courts.

On Camera

YourTurn

Opinion

Economy

Gulf conflict pushes Dubai diamond traders to eye Surat for rough stone auctions. But there are hurdles

Esha Mishra -
Industry leaders say India’s complicated customs process and GST levies are deterrents for traders to come to Surat for auctions.

Defence

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

Vaibhav Pant -
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

National Interest

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Shekhar Gupta -
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.

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