Modern macroeconomics places great value on the idea of an independent central bank. Sitting above and apart from the political fray, wise central bankers are
Day: August 24, 2018
[RBI] Conflict of interest | Business Standard Editorials
The Union government’s decision to turn down the Reserve Bank of India’s (RBI’s) demand to remove its nominees on the boards of public sector banks
Power sector NPAs call for unique fix–Economic Times
Flawed politics has stricken the power sector, and its woes have spilt over into banking, a fifth of whose non-performing assets, currently estimated at Rs
Bankruptcy Code: How NCLT order makes liquidation easy – The Economic Times
India’s dedicated bankruptcy court has sought to remove legal impediments to liquidation or loan-recovery proceedings by setting aside property attachment claims of state-run utilities or
Banks looking to unload Rs 7.3k-cr NPAs from books – The Economic Times
A group of lenders, including Bank of India, State Bank of IndiaNSE -0.66 % (SBI), Allahabad BankNSE 0.00 % and Dena BankNSE -1.50 %, is planning to jointly dispose of
Arun Jaitley as Finance Minister: Twin deficits, slow investments key challenges – The Financial Express
Union Finance Minister Arun Jaitley outside the North Block in New Delhi on Thursday. Arun Jaitley, who underwent a kidney transplant surgery in May, resumed
Before Ayushman Bharat, cure ailing health system – The Financial Express
In terms of public health infrastructure in rural areas, the CAG report highlights a worrisome deficiency—there was a 24% shortfall from the required number for
Fiscal consolidation: Time to dilute the Food Security Act – The Financial Express
The government is already in election mode, a time when analysts expect giveaways. But, these constrain public capex. It is a difficult time to rein
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