Business

“You can have a perfect constitution, perfect compliance but if people who run things don’t themselves have integrity then you don’t get justice.” Preet Bharara Former Federal Prosecutor Topics Preet Bharara | Donald Trump | Rajat Gupta Pavan Lall  |  Mumbai  Last Updated at July 30, 2020 09:35 IST Indian-American lawyer, author and former federal prosecutor Preet Bharara who…

A more caring India would provide for Universal Basic Income Topics Reserve Bank of India | Urjit Patel | Jan Dhan An unpalatable reality is that the effectiveness of the 2016 Insolvency and Bankruptcy Code has been whittled down systematically over the last few years. Former Reserve Bank of India governor Urjit Patel’s book, Overdraft: Saving the Indian Saver,…

The interconnectedness of the banking sector and the contagion is there for us to see Topics Non performing assets | Bank loans | public sector banks M S Sriram  Last Updated at July 29, 2020 23:57 IST We have not seen the full effect of the pandemic on the banking system yet, and the situation will keep panning out…

RBI should guard against risks to financial stability Topics Inflation | Reserve Bank of India | monetary policy committee The Monetary Policy Committee of the Reserve Bank of India (RBI) will meet next week to review the policy. Given the state of the economy, the policy decision for the rate-setting committee will not be easy. While the incoming data…

Recent changes may actually be counterproductive Topics Pradhan Mantri Fasal Bima Yojana | crop insurance The government’s much-vaunted crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — seems to be losing the confidence of its stakeholders despite some recent demand-driven modifications in its format. As many as six states — West Bengal, Bihar, Jharkhand,…