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Must Read: The Great Diamond Heist

Must Read: The Great Diamond Heist

'If there is any industry that is unfit for modern corporate form it is the diamond trade.''But no one was asking the right questions.''The music was playing and so the game was on,' says S Murlidharan, former managing director, BNP Paribas. The newspapers are full of stories of how billions vanished from the vaults of PNB. The carefully coiffed young ladies and gents of sundry financial television channels are frothily holding forth on this affair with more anger and indignation than facts ..., 4 weeks ago

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Money Control, 7 months ago

Constraints to growth

The World Bank’s report ‘India development update, India’s Growth Story’ released this month explains why, despite political stability, there has been an economic deceleration in the last few quarters, causing worries about India’s growth potential.
 The Financial Chronicle1 day ago

DNA Exclusive | How banks were blessing Mehul Choksi firms

Bankers gleefully showered loans worth thousands of crores of rupees on Mehul Choksi's Gitanjali Group even after the Union Finance Ministry declared two of its firms as tax defaulters with "no assets", DNA has learnt. The two firms have caused the government ...
 DNA1 day ago

Global Markets Remain Mixed

Posted by Equitymaster Sentiments in the global financial markets remained mixed even as persistent worries about a global trade war, particularly between the US and China, kept Asian markets on the edge. The Chinese index was down 1.1% in the week gone by.
 Equitymaster.com1 week ago

9 Infra suggestions for Budget 2018

Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee. Illustration: Uttam Ghosh/ Finance Minister Arun Jaitley has let it known that in the forthcoming Union Budget, the government will further boost spending on infrastructure and use it as the key driver of economic growth and recovery. This is clearly welcome, though it has to be recognised that this is a necessary, but not a sufficient condition. It has to be accompanied by a bouquet of ...
 Rediff.com2 months ago
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