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Now, LIC needs a Jeevan Suraksha policy

The life insurer appears to be the government’s preferred white knight. LIC is exposed to a massive chunk of the system’s bad assets. If this doesn’t make it a choice for Asset Reconstruction Company, what will? The spurt of controversial moves continues unabated. In a new tale, the country’s largest insurer,

WALMART WEDS FLIPKART

It is the season for royal weddings. On 19 May 2018, Prince Henry of Wales married Ms. Meghan Markle at St George’s Chapel, Windsor. Elsewhere, the Kart entered the Mart when Walmart entered into wedlock with Flipkart. It may not have captured the same attention as the English wedding, but this marriage

Indian Pilferers League

“There are three kinds of people; the have’s, the have-not’s, and the have-not-paid-for-what-they-have’s,” said Earl Wilson, the American journalist. The aphorism impeccably matches the wicked state of bad loans in the Indian banking system. The country’s bad loans have come within kissing distance of the 10 lakh crore mark! The case of

PATI, PATNI AUR WOH

All bad things do not happen for a good reason. And they occur in an unplanned way. Who would have imagined Padma Bhushan Chanda Kochhar’s fall from grace? The Indian banking system is squeaking under the weight of Non-Performing Assets (NPA) to the extent of Rs.730,000 crore. The fraudulent transactions crisis

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