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Stinging Sterlite

Tamil Nadu’s economy has not been in the pink of health. The emphasis on welfare, through populist schemes, has not been backed by the massive increases in revenue. In recent years, there have not been big-ticket investments necessary for accelerating industrial and employment growth. Continuing large deficits, both revenue and

Will ‘bad banks’ create good banks?

The bad bank is a differentiated bank, dealing only with NPAs. No, it’s not a bank that is evil.\ India’s bad loan problem has become alarming. The stress sits at Rs.14 lakh crore; meaning there is now no certainty of receiving repayment of that amount. So even if the account is

JUDGES, JUDGE YOURSELF

India’s democracy stood the test of time while a neighboring state slipped into the thraldom of military rule. This was because in our country the Executive, Legislature, and Judiciary have respected each other and knew where to draw the line. The Indian politicians, as a class, have generally not lived

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

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