When the over 150-year-old US investment bank Lehman Brothers went bust in September 2008, it sparked a global financial crisis and a gradual erosion of faith in public institutions, particularly banks.
Even as authorities tightened the noose and prices plummeted, “how to invest in bitcoin” remained one of the most searched terms on Google India in 2018. This sums up the perils and promises of trading in cryptoassets in the country.
The months leading up to a general election in India are almost always marked by competitive populism.
India wants to expedite the process of pulling its ailing state-owned banks out of the woods.
Have you wondered what new job roles the rise of artificial intelligence (AI) and data analytics will throw up in the near future?
Global credit-rating agencies are sounding caution against the perceived threat to the Indian central bank’s autonomy.
The spectre of jobless growth is haunting India.
In recent times, on issues ranging from bad loans to interest rates, India’s central bank and its government have not met eyes. But Shaktikanta Das, the newly appointed Reserve Bank of India (RBI) governor, might just change all that.
A day after Urjit Patel abruptly resigned as governor of the Reserve Bank of India (RBI), the Narendra Modi government has found a replacement.
In quick succession, two top economists in India have vacated their posts.
Urjit Patel’s stunning move yesterday (Dec. 10) to resign as the 24th governor of the Reserve Bank of India (RBI) has sparked another bout of uncertainty in India’s economy and political landscape.
It became evident yesterday (Dec. 10) that even the keenest industry-watchers had misjudged the extent of the rift between India’s government and its central bank.
Reserve Bank of India (RBI) governor Urjit Patel has resigned from his post with immediate effect.
A dispute between Kotak Mahindra Bank (KMB), India’s fourth largest lender by assets, and the country’s banking regulator has reached the courts.
The Indian diaspora, sending home its hard-earned savings, has cemented its role in the country’s economy.
An academic who strongly praised prime minister Narendra Modi’s widely criticised 2016 demonetisation move will soon be India’s next chief economic advisor (CEA).
India’s central bank is apparently reassured by cooling inflation and reinforced investment activity.
India’s former “rockstar central banker”, Raghuram Rajan, has a word of advice for the Narendra Modi government in the backdrop of its strained relations with the central bank: “the sensible government knows when to back off.”
India’s ambitious new tax regime, the goods and services tax (GST) launched in July 2017, was expected to fill the government’s coffers. Instead, it is turning out to be a pain point.
After sliding incessantly for much of the year, India’s battered currency is slowly, but steadily, reversing its course.
India is adding ultra-high net worth individuals (HNWIs) at a staggering pace.
With just a few months left for the 2019 general election, the Narendra Modi government is putting up a brave face on the economy. But economists aren’t impressed.
India’s up for another bad bout of a cash crunch as half of the country’s ATMs could soon disappear.
After headhunting for eight months, WhatsApp has finally found someone to lead its India operations.
