Banks are opposed to certain terms of the Essar Steel sale, which, they say, could lead to higher lending rates, further affecting India's credit woes.
Legally, only SBI, which sells electoral bonds, is expected to have details of donors. So, political parties could claim ignorance on who donated to them.
The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.
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.
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.
Is there a shortage of authors who write on economy In India? Why should articles by Andy Mukherjee (from Bloomberg), Mihir Sharma and others appear on every publication? See today’s TOI, ThePrint, ET, NDTV and many others to verify my grouse. Just change the headline and publish.
It shows how the local journalists clearly lack economic/financial knowledge, patience and talent. It shows how few non-resident Indian journalists are shaping a particular narrative and punching above their weight.
Wake up guys!
The government needs to set up a group of wise men like SBI’s Shri Rajnish Kumar to oversee what is becoming a fraught situation. Not allow a situation to develop which is the banker’s worst nightmare : Everyone turning up at the same time to withdraw her cash. 2. Once this emergency passes – which could be a long time – get the cooperative banks out of the way. The shadow banking system too should not have been allowed to grow so fast, Post demonetisation. 3. The RBI should be the Big Sheriff of the entire financial sector.
Ganesh – exactly! Well said.
Is there a shortage of authors who write on economy In India? Why should articles by Andy Mukherjee (from Bloomberg), Mihir Sharma and others appear on every publication? See today’s TOI, ThePrint, ET, NDTV and many others to verify my grouse. Just change the headline and publish.
It shows how the local journalists clearly lack economic/financial knowledge, patience and talent. It shows how few non-resident Indian journalists are shaping a particular narrative and punching above their weight.
Wake up guys!
The government needs to set up a group of wise men like SBI’s Shri Rajnish Kumar to oversee what is becoming a fraught situation. Not allow a situation to develop which is the banker’s worst nightmare : Everyone turning up at the same time to withdraw her cash. 2. Once this emergency passes – which could be a long time – get the cooperative banks out of the way. The shadow banking system too should not have been allowed to grow so fast, Post demonetisation. 3. The RBI should be the Big Sheriff of the entire financial sector.