Business (209)
Super User
22 March 2021
Dismantlement of state-run banks by the government would have severe social and economic consequences
If state-controlled banks are good in some of the world’s healthiest economies, why should they be considered a liability in India?
Published in
Business
Super User
20 March 2021
Allowing foreign control of the insurance sector is a bad idea, shows Govt learnt nothing from 2008
The Government’s decision to raise FDI in the insurance sector to 74% is irrational and bodes ill for LIC and the four publicly owned and 30 private general insurance companies in India.
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Business
Nokia has announced it will lay off 10,000 employees in next two years as part of its restructuring plans, reset its cost bases and invest in R&D and future capabilities including 5G.
Published in
Business
Super User
17 March 2021
Privatisation of PSU banks will compromise financial security: Congress MP in Lok Sabha
Speaking in the Lok Sabha, Congress MP Ravneet Singh said It is the PSU banks which saved financial sector during the 2008 global financial crisis.
Published in
Business
Considering the list of PSEs in which the government is divesting, like the ONGC and several banks, there are serious doubts about the government’s intentions.
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Business
Banking operations including cheque clearance across the country got affected as bankers under aegis of UFBU have gone on strike to protest against proposed privatisation of two state-owned lenders
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Business
Super User
12 March 2021
Retail inflation spikes to three-month high of 5.0% in February on higher food prices
Aditi Nayar, Principal Economist, ICRA Ltd, said the CPI inflation has accelerated faster than expected, and already reverted to 5 per cent.
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Business
Super User
06 March 2021
Govt’s digital media ethics code has potential to seriously undermine media freedom in India: Editors Guild
“Various provisions in these rules can place unreasonable restrictions on digital news media, and consequently media at large,” the statement by the Editors Guild of India said.
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Business
Super User
06 March 2021
Andhra protests Vizag steel plant privatization
Andhra Pradesh government endorsed state-wide bandh (strike) protesting the Visakhapatnam Steel Plant’s (VSP) privatisation took off on Friday.
Published in
Business
Super User
01 March 2021
With govt clearly bent on privatisation of PSEs, time has come for a national movement to protest against it
Officials have been told now by PMO that India will monetise state-owned assets and govt’s focus should be on public welfare schemes and development rather than engaging in ‘business’.
Published in
Business
