Amid a cash crunch due to Covid-19, states have been forced to borrow at a rate at least 1.3 percentage points higher than the rate at which RBI lends to banks.
RBI Governor Shaktikanta Das talked about how the economic landscape of the country has deteriorated due to the pandemic but remarked that there is still hope. Read his full speech here.
Donald Trump, who has nurtured the MAGA movement for the last decade, has been perceived to have lost control over the movement, particularly with the release of Epstein’s records.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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