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PSBs to get Rs 70000 cr: A good start, but Jaitley should move to plug the leaking pot

Aug 01, 2015

PSBs to get Rs 70000 cr: A good start, but Jaitley should move to plug the leaking pot

The Rs70,000 crore infusion certainly offers a breathing space for PSBs to clean up their balance sheets #Economic growth #public sector banks #NPAs #Bank Recapitalisation
Patience running out? L&T criticises 'unhurried' reform pace as profit dives 37%

Aug 01, 2015

Patience running out? L&T criticises 'unhurried' reform pace as profit dives 37%

L&T reported a steep fall of 37.3 per cent in consolidated net profit to Rs 606.19 crore for the first quarter of fiscal 2015-16 #L&T #Reforms #Earnings #Economic slowdown
Positive thinking? 74% Indians think country's economic conditions good, says Pew Research

Jul 24, 2015

Positive thinking? 74% Indians think country's economic conditions good, says Pew Research

Pew said there is sign of growing public faith in an economic recovery in some of the largest economies #Economic Revival #Pew Research
US Senate committee votes to ease Cuba travel restrictions

Jul 24, 2015

US Senate committee votes to ease Cuba travel restrictions

The US Senate Appropriations Committee approved a slate of amendments Thursday that open to the door to restoring open travel to Cuba, as well shipping and agricultural financing. #World #US #NewsTracker #Cold War #International relations #Cuba #Economic embargo #Travel restriction
World Bank to probe IFC's role in Vizhinjam port on green concerns

Jul 21, 2015

World Bank to probe IFC's role in Vizhinjam port on green concerns

The "compliance investigation" would be to ascertain whether IFC breached environmental and social (E&S) assessment related norms while giving advisory services for the project. #Business #World Bank #NewsTracker #Adani Group #Gautam Adani #Special Economic Zone #IFC #International Finance Corporation #Vizhinjam port project #Compliance Advisor Ombudsman
Iran deal comfort: RBI has room for surprise rate cut on Aug 4 to beat slowdown blues

Jul 20, 2015

Iran deal comfort: RBI has room for surprise rate cut on Aug 4 to beat slowdown blues

Even though the reason for poor growth lies in absence of investments and slow reforms than monetary policy, a rate cut can certainly offer some positive sentiment to the industries and lower their borrowing costs #Inflation #IIP #Economic growth #corporate earnings #RBI rate cut #Iran Nuclear deal #Growth Revival #monetary policy review
Pakistan left red-faced as China daily confirms downed 'spy' drone was Chinese-made

Jul 19, 2015

Pakistan left red-faced as China daily confirms downed 'spy' drone was Chinese-made

It is a highly embarrassing story for Chinas all-weather ally Pakistan as it goes contrary to what Pakistan has claimed and corroborates the Indian stand. #India #China #ConnectTheDots #Xi Jinping #People's Daily #Chinese Communist Party #S Jaishankar #China-Pakistan Economic Corridor
SECC 2011: Why we are headed for Mandal 2 and more quotas before 2019

Jul 17, 2015

SECC 2011: Why we are headed for Mandal 2 and more quotas before 2019

The vociferous demands for the release of caste data from the 2011 census shows that the OBC population may report a spike, empowering OBC politicians to demand more quotas. We are headed for Mandal 2 #Nitish Kumar #NDA #Mandal Commission #Lalu Prasad #Niti Aayog #Socio-Economic & Caste Census 2011