Finance - general
Reserve Bank governor Urjit Patel resigns
10 Dec 2018
While a brief statement from the governor carried on the RBI website said he was stepping down for "personal reasons," the fact that the resignation is the result of developments that indicated the government wanted RBI as its extension is clear to all
India top recipient of remittances with an estimated $80 bn in 2018
10 Dec 2018
The average cost of remitting in South Asia also remained the lowest at 5.4 per cent, while Sub-Saharan Africa continued to have the highest at 9 per cent
Govt pins hopes on its nominees as RBI board meeting continues
19 Nov 2018
The ongoing meeting of the Reserve Bank of India board is likely to find new ways to ease tension between the government and the central bank and ease credit flow
ADB extends $574 million in loans to India
16 Nov 2018
Former RBI chief Raghuram Rajan backs RBI’s autonomy call
06 Nov 2018
While Rajan commended RBI’s warning of risks stemming from government meddling of central bank affairs, he also said the RBI could inject liquidity to ease any cash crunch at financial institutions
Govt wants more than a third of RBI’s Rs9,59,000-cr reserves
06 Nov 2018
RBI views the government’s attempt to make the central bank a cash cow like state-run enterprises and dip into its reserves can adversely impact macro-economic stability, and has not accepted the proposed changes
FSDC meeting steers clear of RBI-finmin tussle
31 Oct 2018
Deputy governor Viral Acharaya’s criticism of the government encroaching on RBI turf came after the finance ministry invoked a not-yet-used Section 7 of the RBI Act that gives the government broad powers to give directions to the RBI in public interest
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As costs of saying final goodbyes rise resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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