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'RBI is buying time'

'RBI can only take care of survival, not recovery.' Illustration: Dominic Xavier/Rediff.com Dr Pronab Sen, former chairman of the Indian Statistical Commission, tells Prasanna D......

Palaniswami's good fight slows down DMK juggernaut

Undoubtedly, top All India Anna Dravida Munnetra Kazhagam leader and outgoing Chief Minister K Palaniswami put up an epic fight against the Dravida Munnetra Kazhagam which fetched his party steered......

Tamil Nadu and the forgotten clamour for prohibition last election

If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the......

How TN's poll sops went from entitlement to empowerment

A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater......

Why was Kumbh Mela held amidst raging pandemic?

What is particularly worrying is that the vast majority will not have access to testing or even to proper treatment.These cases could have been avoided if the government had shown the political......

Why Citi is exiting India

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!Manojit Saha reports. IMAGE: In India Citibank started the consumer banking business in 1985.......

Economic activity down in April, May but shock less severe than 2020: Fitch

Fitch Ratings on Monday said the shock to economic activity from the latest wave of COVID-19 pandemic will be less severe than the one in 2020, but recovery is likely to be delayed as economic......

Decoded: Why higher circulation of currency is normal in abnormal times

Theoretically, the currency with the public should expand in sync with the nominal income, which again moves in relation to the nominal growth rate of the economy. But the correlation breaks easily......

Cabinet clears strategic divestment in IDBI Bank

The Cabinet on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank in line with the Budget announcement earlier this year. The......

Change in tax structure prompted India Inc to favour buybacks again in FY21

In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year. Illustration: Uttam Ghosh/Rediff.com Share......

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Reserve Bank of India appoints Jose J Kattoor as new Executive Director

As ED Kattoor will look after human resource management, corporate strategy, budget and rajbhasha departments at the central bank. Kattoor spent... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-of-india-appoints-jose-j-kattoor-as-new-executive-director/articleshow/82524801.cms

Why Citi is exiting India

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!Manojit Saha reports. IMAGE: In India... ...

http://www.rediff.com/money/special/why-citi-is-exiting-india/20210510.htm

Glenmark among 3 stocks with great momentum

Glenmark Pharma, Uttam Sugar Mills and IOL Chemicals are the three stocks that Rahul Sharma of Equity99 Advisors is betting on in the current... ...

https://economictimes.indiatimes.com/markets/expert-view/glenmark-among-3-stocks-with-great-momentum/articleshow/82518648.cms

Fitch

The global rating agency said there are growing indications that the latest wave of COVID-19 infections will add to risks among financial... ...

https://economictimes.indiatimes.com/news/economy/indicators/economic-activity-down-in-april-may-but-shock-less-severe-than-2020-fitch/articleshow/82518201.cms

Fitch Ratings

The fresh round of relief measures announced by the Reserve Bank of India in response to the second wave could provide some relief to finance... ...

https://economictimes.indiatimes.com/news/economy/finance/risks-to-financial-institutions-mounting-as-second-wave-surges-across-india-fitch-ratings/articleshow/82516399.cms

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