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Financial Sector Development Council

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Local body polls soon? Maha cabinet takes 21 decisions in single day

With elections to local bodies looming, the Maharashtra cabinet took 21 decisions on Tuesday, an unusual number for a single meeting, including the closure of the state's asset reconstruction......

Why The Americans Were Opposed To Agni

'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.''This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a......

Why Is The US So Fond Of Asim Munir?

Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the......

Why Did IMF Loan Pakistan Money During War?

It is time for India to raise its voice not just through military prowess, but through professionalism, principled voting and partnerships, asserts Deepak Mishra. Illustration: Dominic......

Pak gets $1 bn IMF loan despite India's strong objection

The International Monetary Fund has approved the immediate disbursement of about USD 1 billion to Pakistan under the ongoing Extended Fund Facility. IMAGE: A Pakistan Ranger stands guard before......

GST reforms expected to ignite animal spirits in financial sector: DEA secy

Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is......

EAC-PM chair calls for raising investment rate

India needs to increase the investment rate to 34-35 per cent from 31-32 per cent currently to achieve a growth rate of 7 per cent and above, said S Mahendra Dev, chairman, economic advisory......

'One episode of financial instability can take us many years behind'

Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy......

Jaitley keen to overhaul financial sector norms

Reforms Commission, chaired by Justice B N Srikrishna, has suggested a non-sectoral, principle-based approach to revamp the existing framework The government will soon implement a large number of......

Return of coal threatens India's emission commitments

India's new climate pledge to the UN could be weakened by its growing use of coal, even as the country plans a 2035 roadmap to cut emissions and boost clean energy. Illustration: Dominic......

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