Public Financial Management System

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'Goa Nightclub Fire Was Murder!'

'When an establishment operates despite demolition or closure orders, without proper fire exits, evacuation plans or safety audits, and yet is allowed to host large crowds, the state cannot hide......

Maximum city, minimum air: Mumbai's AQI worsens

The Brihanmumbai Municipal Corporation has said that it has issued stop-work notices to 53 construction sites for contributing to air pollution, as the city grapples with deteriorating Air Quality......

IndiGo Board Unsure If CEO Must Go

'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.' IMAGE: A passenger asks an IndiGo staffer for......

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew......

'My Life Has Been Paused Without My Consent'

'We've always followed the rules. But when the rules change overnight, where does that leave us?' Outside US consulates in India, a growing number of Indian H-1B workers can now be seen waiting......

Loan growth, profitability seen improving for public sector banks

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. Photograph: Ajay Verma/Reuters The Q2FY26 results suggest NIMs......

Why Banks Are Struggling For Deposits

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points......

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to......

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

These losses increase insurance premiums for customers and reduce insurer margins on the other. Illustration: Dominic Xavier/Rediff The insurance industry has been witnessing Rs 8,000 crore to......

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple......

Why Firing Gambhir Won't Fix The Real Problem

Sack Gambhir before he damages any more careers, if you must. But it cannot stop there.The project ahead must be bigger, more ambitious, and far more urgent: Rebuilding the spine of Indian cricket......

What Is Khelo Bharat Niti All About?

Under the new policy, a Sports Innovation Task Force will also be established to oversee targeted innovation efforts in sports science and sports medicine. IMAGE: Kindly note that this image has......