Mistrust toward NBFCs that started with IL&FS Group’s default last year has spiralled after DHFL & units of Reliance Capital missed repayments on dues.
News channels were also in two minds about removing stray dogs to the government dog pounds. NDTV took credit for it and CNN-News 18 called ‘controversial order’.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
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.
Should Santosh Kamath, CIO of Templeton Debt Market Funds, go to jail?? With a Rs 30,000 Crores portfolio in doubt, he has not followed the basic rules of investment management. He has sought high returns rather than liquidity, a known error of judgement. He has invested crores of investor money in YES BANK, which everyone in the market knew was a fraud. SEBI also has to be questioned as to how Kamath could keep investing in illiquid debt securities. An investigation into financial fraud is required to see whether Kamath just made errors of judgement or criminal errors. But when a person potentially loses Rs 30,000 Crores, yes he may be an excellent candidate for jail, subject to a criminal investigation that must be conducted. You see, this crisis is going to blow up and may affect the entire country’s para banking financial services industry. Best wishes. Dr Sandeep Parmar
its very unfortunate that your priority sectors like MSME in need bank not giving them support & you helping companies who invest their money in max to share market your providing liquidity to companies without security & not providing liquidity to MSME without security while all said MSME are the backbon of economy
Should Santosh Kamath, CIO of Templeton Debt Market Funds, go to jail?? With a Rs 30,000 Crores portfolio in doubt, he has not followed the basic rules of investment management. He has sought high returns rather than liquidity, a known error of judgement. He has invested crores of investor money in YES BANK, which everyone in the market knew was a fraud. SEBI also has to be questioned as to how Kamath could keep investing in illiquid debt securities. An investigation into financial fraud is required to see whether Kamath just made errors of judgement or criminal errors. But when a person potentially loses Rs 30,000 Crores, yes he may be an excellent candidate for jail, subject to a criminal investigation that must be conducted. You see, this crisis is going to blow up and may affect the entire country’s para banking financial services industry. Best wishes. Dr Sandeep Parmar
its very unfortunate that your priority sectors like MSME in need bank not giving them support & you helping companies who invest their money in max to share market your providing liquidity to companies without security & not providing liquidity to MSME without security while all said MSME are the backbon of economy