Reading Time: 4 minutes India’s public sector banks collectively wrote-off Rs 4.37 trillion-worth non-performing assets between April 2018 and December 2020, benefitting corporates.
Reading Time: 3 minutes Rakesh Jhunjhunwala asserted that investors shouldn’t be swayed by the inflation. Given the worsening NPA situation of the PSBs, can the markets stay safe?
Reading Time: 5 minutes The privatisation of public sector undertakings by the Modi regime is a frantic attempt to revive crisis-ridden capitalism with free oxygen. It won’t help.
Reading Time: 7 minutes Nirmala Sitharaman’s decision to merge 10 public sector banks into four big banks is actually a step towards their privatisation, which must be resisted.
Reading Time: 7 minutes Modi’s attempt to sell off India, its resources and labour to foreign and domestic corporations under the garb of “big bang reforms” must be resisted by all
Reading Time: 5 minutes It’s not yet a week that the ₹11,400 crore worth PNB scam involving Nirav Modi and Mehul Choksi, two close aides of the Narendra Modi-led BJP government, became public, Assocham, […]
Reading Time: 7 minutes Last week, a shocked India confronted a gigantic banking scam, unprecedented in terms of magnitude and methods employed. A big comprador and crony capitalist, Nirav Modi, who owns a large […]
Reading Time: 5 minutes Narendra Modi government announced a ₹10 trillion investment to revive the economy, out of which ₹7 trillion will be spent in building infrastructure, especially 83,677 km of roads and highways […]
Reading Time: 4 minutes (This article was first published in September 2015 in the previous version of People’s Review. Due to an incident of hacking the old website was pulled down and we could […]