Latest News on Crony Capitalism
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Crony Capitalism - Total results - 57
Sep 20, 2018
The Great Indian NPA Mess: Banks, govt and industrialists worked together to kick bad loans can down the roadWe now have one big problem which the Narendra Modi government is trying to postpone further by merging different public sector banks. The trouble is bringing two rotten eggs together is only going to lead to another rotten egg
Jul 30, 2018
Why Narendra Modi’s assurance, that he isn’t scared to be seen with industrialists, matters to economyIt is important that large businesses are taken into confidence and Narendra Modi has done just the right thing to speak in favour of businesses
May 17, 2018
NITI Aayog CEO Amitabh Kant says crony capitalism in India ended with introduction of Insolvency and Bankruptcy CodeThe world of crony capitalism in India has ceased to be with the introduction of Insolvency and Bankruptcy Code, NITI Aayog CEO Amitabh Kant said on Thursday
Feb 19, 2018
Meghalaya's murky links with Panama Papers: Politico-corporate nexus makes money laundering common in hill state'Follow the money' is an old adage in journalism. Across the North East, and particularly in Meghalaya, that would be slightly modified to 'Follow the Marwari money'
Sep 04, 2017
Narendra Modi government promoting crony capitalism at cost of small, medium enterprises, says Rahul Gandhi in GujaratCongress vice president Rahul Gandhi on Monday accused the Narendra Modi government of promoting crony capitalism at a heavy cost to the small and medium enterprise.
Jun 18, 2016
Raghuram Rajan to exit as RBI Governor: No country for good menIndia will have to get a new RBI Governor from 4 September, when Rajan will return to Chicago University to resume as a tenured professor
May 09, 2016
Crony capitalists, inept babus feel the heat as Modi tightens screws of a creaky systemCouple of recent markers suggest that the Modi regime is working behind the scenes to ensure a cleaner and more efficient government which was part of its campaign promise in 2014.
Dec 22, 2015
Bankruptcy Bill: The fight against crony capital now has two legsThe Bankruptcy Code will allow no such leniency and excess recourse to courts, making it difficult for promoters to drag the recovery process endlessly, often after looting the company.
Sep 26, 2015
On fighting crony capital, both Modi govt and RBI's Rajan are on same pageEven as the Modi government has banished corporate lobbies from Delhi's durbar, the RBI is simultaneously enabling banks to turn the screws on crony capital by making it easier for them to remove managements. This trend needs to sustain
Jun 09, 2015
Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than himThe finance minister promised a bankruptcy code this year. Arun Jaitley should get this done quickly as the action against loan defaults and corporate failure is moving faster on the RBI side than on the legislative side.