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'TN's finances are a mess, it's not going to be easy'

'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.''We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance......

The man who will be the DMK's finance minister

'The state's finances are in a mess...we are in a debt two-and-a-half times our annual budget.'From my perspective, distributing cash to voters is a dying business, not because of morality, but......

After Lehman Brothers and StanChart, it's DMK time!

Why is an NRI banker with an MBA from MIT canvassing votes in Madurai?Saisuresh Sivasawamy/Rediff.com A Ganesh Nadar/Rediff.com reports. IMAGE: Palanivel Thiagarajan has a ready smile, and......

The battle between secular India and Bharat

  A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with......

RBI wants to end lazy banking

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor......

RBI announces Rs 50,000 cr liquidity scheme for MFs

The Reserve Bank of India on Monday provided a Rs 50,000-crore shot in the arm to stressed mutual funds by unveiling a special liquidity facility for the sector, days after Franklin Templeton......

What should the RBI do next, Mr Das?

'No one cares about fiscal deficit now. Or for that matter, inflation.''The focus is on growth and growth alone,' says Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor Shaktikanta Das.......

'RBI need to cut by 100 bps in one shot'

'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.' IMAGE: Reserve Bank of India Governor Shaktikanta Das, centre, with the RBI deputy governors.......

Crisil sharply cuts FY21 growth estimate to 3.5%

The agency welcomed the Rs 1.70-lakh crore package announced by Finance Minister Nirmala Sitharaman earlier in the day but said more measures like loan forbearances for small businesses and......

Is Lehman's son ready to fill vacant No 6 spot?

Son of 'Boof' has Maxwell looking over his shoulder IMAGE: Jake Lehmann of the Redbacks bats. Photograph: Mark Metcalfe/Getty Images. Ashes auditions for Australia's vacant number six spot have......
  Web results for Lehman Brothers
RBI wants to end lazy banking

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal... ...

http://www.rediff.com/money/column/rbi-wants-to-end-lazy-banking/20200506.htm
RBI announces Rs 50,000 cr liquidity scheme for MFs

The Reserve Bank of India on Monday provided a Rs 50,000-crore shot in the arm to stressed mutual funds by unveiling a special liquidity facility... ...

http://www.rediff.com/money/report/rbi-announces-rs-50000-cr-liquidity-scheme-for-mfs/20200427.htm
What should the RBI do next, Mr Das?

'No one cares about fiscal deficit now. Or for that matter, inflation.''The focus is on growth and growth alone,' says Tamal Bandyopadhyay. IMAGE:... ...

http://www.rediff.com/money/column/coronavirus-in-india-what-should-the-rbi-do-next-mr-das/20200417.htm
'RBI need to cut by 100 bps in one shot'

'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.' IMAGE: Reserve Bank of India Governor... ...

http://www.rediff.com/money/interview/coronavirus-rbi-need-to-cut-by-100-bps-in-one-shot/20200327.htm
Crisil sharply cuts FY21 growth estimate to 3.5%

The agency welcomed the Rs 1.70-lakh crore package announced by Finance Minister Nirmala Sitharaman earlier in the day but said more measures like... ...

http://www.rediff.com/money/report/coronavirus-crisil-sharply-cuts-fy21-growth-estimate-to-35/20200326.htm

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