France goes RuPay: Est-ce que je peux payer avec une carte de RuPay?
Over the last few years, India is emerging as a force to reckon with in almost every sector. RuPay, which is one of the base points of the Indian financial space, ...
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PM Modi is working on a plan to end the dominance of Petrodollar
Petrodollar had it too good for too long. Just because it dominated the world’s energy market meant that whatever evil emerged out of it was forgiven by western superpowers. But, its ...
The mindless new-age credit apps can trigger a 2008 Lehman moment in India
The credit system forms the foundation of the expansion of an economy. It creates money according to the value added in the market with the expectation of the future growth of ...
RuPay was really struggling and then came Narendra Modi
The BCCI has roped in the National Payments Corporation of India's (NPCI) flagship product RuPay as an official partner for the next two seasons of the Indian Premier League (IPL). With ...
The Crypto hype is making losers out of many Indian investors too
When cryptocurrency started getting popular, it became a dream concept for the extreme libertarian block of the tech establishment that always wanted to get rid of the government-regulated currencies, and this ...
How Modi and Putin gave third-degree burns to Biden with a cleverly orchestrated event
Tensions between the United States of America and Russia are running high. Russia has placed close to 175,000 of its troops on the borders of Ukraine, and US intelligence suggests that ...
How India fixes massive debt-ridden companies versus how China skewers it
China’s real estate giant Evergrande is heading towards its eventual doom amid dipping fortunes which could ultimately affect everything from the jobs market to property prices in the country. The longer ...
China gives up on real estate giant Evergrande, braces for a nasty downfall
The communist country is making all efforts to ensure that the Evergrande crisis does not lead to a liquidity crisis. Chinese government told Evergrande to not default on dollar bonds, to ...
How a government panel led by Uday Kotak solved the IL&FS Debt Crisis
Government of India on Wednesday (September 22) extended the term of Uday Kotak, chairman of Kotak Mahindra Bank as the non-executive chairman of debt-ridden Infrastructure Leasing and Financial Services Ltd (IL&FS) group by another ...
An infrastructure bank and a bad bank – Meet India’s two brand new banks intended for two vastly different purposes
After years of reluctance, the Modi government has finally accepted the idea of a bad bank in order to deal with NPAs. The government has acknowledged that the problem of NPAs ...
Raghuram Rajan is back again to conceal his failures. This time he is after the bank liberalisation policy of Modi govt
Raghuram Rajan, the unofficial spokesperson of the Congress party who has become a habitual critic of every issue related to the Modi government, has criticized the idea of allowing the ownership ...
Prepare for a ‘big rise’ in bad loans, Chinese banking regulatory authority warns China
Last Friday, Chinese financial regulators took over nine financial institutions that were on the verge of collapse. These included four insurers, two trust firms, and three securities firms. As per a ...
