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Adani Group–Rajesh Exports Gold Nexus: Inside Story of India’s Biggest Trade Controversy
While Indian investigative agencies, the CBI, the ED, and the Serious Fraud Investigation Office (SFIO), were apparently paralysed in their pursuit of Jatin Mehta, tangled in technicalities and political inertia, the battle for legal and financial accountability shifted thousands of miles away to the jurisdiction of the United Kingdom. This shift was largely driven by the aggressive pursuit of...
20 Years Ago, Odisha Farmers Lost Fertile Land For A Power Plant. It Never Came. Now, 2 Companies Want It To Make Steel
New Delhi: Pramod Nayak, 62, once owned nearly 14 acres of farmland in Kurunti village on the banks of the Brahmani river. The land yielded paddy during the monsoon and moong (green gram) and urad (black gram) in the months that followed. Mango and banana trees supplemented the family's income. Like many farmers in the area, the Nayaks relied on shallow wells for irrigation. Seasonal flooding from...
Rs 36,000 CR BAIL OUT On May 14, 2026, law enforcement agencies in the United States of America said that Gautam Adani, one of India’s richest men and also among the world’s richest men, would cough up $6 million (₹57.6 crore at prevailing exchange rates) while his nephew Sagar Adani would pay $12 million (₹115.2 crore) to settle criminal and civil charges of fraud, bribery and allegations of...
To say that the economic conditions in India would worsen in the coming months would be an understatement. The economy may not shrink as it did between April and September, 2020 owing to the harsh lockdown that was imposed after the Covid outbreak. That was an unprecedented "technical recession" defined by Western economists as "negative growth" (what an oxymoron!) for two consecutive quarters...
भारत की जटिल और कड़े नियमों वाली वित्तीय व्यवस्था में, चाहे कोई बड़ा बैंक हो या छोटा, अनुसूचित वाणिज्यिक बैंक हो या एनबीएफसी (गैर-बैंकिंग वित्तीय कंपनी), सभी को आखिरकार एक ही सबसे ताकतवर नियामक के प्रति जवाबदेह होना पड़ता है वह है रिजर्व बैंक ऑफ इंडिया, जो देश का केंद्रीय बैंक और सर्वोच्च मौद्रिक प्राधिकरण है। अन्य चीजों के अलावा, RBI बैंकों के पूंजी भंडार को नियंत्रित करता है और इस बात पर नजर...
Ayush Joshi & Paranjoy Guha Thakurta In India’s intricate and highly-regulated financial system, virtually every bank, large or small, a scheduled commercial bank or an NBFC (non-banking financial company), has to perforce answer to a single, omnipotent referee: the Reserve Bank of India (RBI), the country’s central bank and apex monetary authority. Among other things, the RBI regulates banks’...
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