Palaniappan Chidambaram

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ED conducts raids at Karti Chidambaram's properties in Delhi, Chennai over Aircel-Maxis money laundering probe
India

ED conducts raids at Karti Chidambaram's properties in Delhi, Chennai over Aircel-Maxis money laundering probe

The Enforcement Directorate on Saturday began raids at Karti Chidambaram's premises in Delhi and Chennai in connection with the Aircel-Maxis case

Inflation a worry, RBI may still oblige FM with 25 bps rate cut
Economy

Inflation a worry, RBI may still oblige FM with 25 bps rate cut

The FM's effort at keeping the fisc in control, and the flagging growth scenario may weigh on RBI's mind.<br /><br /> <br /><br />

India to let corporates into banking despite concerns over risky loans
Economy

India to let corporates into banking despite concerns over risky loans

Opponents of the new measures worry the reform, driven by the finance ministry, could backfire if risky loans from one branch of a company to another go bad and trigger a broader crisis.