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Topic: IL&FS Financial Services

Arun Jaitley

Finance minister Arun Jaitley meets Urjit Patel as rift widens

RBI under Patel has been pushing for more powers to clean up bad debts, but the Modi government wants banks to continue lending
Road construction takes place near the IL&FS building in Mumbai

How Indian rating agencies missed the IL&FS mess

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 headquarters at the Bandra Kurla Complex in Mumbai

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

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

Uttar Pradesh CM Yogi Adityanath addresses a BJP campaign rally for the upcoming Delhi polls Monday

Who does Yogi Adityanath fear the most? There’s method to Sanjay Singh sedition madness

AAP MP Sanjay Singh was involved in a survey conducted by the party in which 63% participants said the Yogi Adityanath government was ‘casteist’.
Gunny bags of onions | Dhiraj Singh/Bloomberg

Few onion trucks enter Bangladesh after partial clearance, over 200 still stranded

A Central Board of Indirect Taxes and Customs communique stated that only those trucks which received the 'Let Export Order' till 14 September can be allowed to cross the border.


An army convoy moving towards the Zojilla pass in Drass (representational image) | ANI

Army could induct ‘another division of troops’ in eastern Ladakh as China continues build-up

China is learnt to have not only continued with troop build-up but also brought in heavier-calibre weapons with longer ranges at certain LAC locations, including in the Northeast.
Illustration: Soham Sen | ThePrint

Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?

It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?