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Modi's Austerity Wake-Up Call: Is India's Economic Dream Unravelling?
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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...

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सिक्किम बैंक के छिपे हुए दस्तावेज़ों का सच
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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...

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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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ই লেখাটা যখন লিখতে বসেছি তার আগে ২৩ এপ্রিল পশ্চিমবঙ্গে প্রথম দফার নির্বাচন হয়ে গেছে। নানা দিক থেকে এই বিধানসভা নির্বাচন অভূতপূর্ব, অনেকগুলি ঘটনা ঘটেছে যা আমাদের দেশে আগে কখনও ঘটেনি। আমার ব্যক্তিগত ধারণা ছিল পশ্চিমবঙ্গে এবারের নির্বাচনে শাসক দল তৃণমূল কংগ্রেস ও বিরোধী ভারতীয় জনতা পার্টির মধ্যে একটি তুল্যমূল্য সংঘর্ষ হবে, হিন্দিতে যাকে বলে একেবারে কাঁটে কি টক্কর! আমি ভেবেছিলাম, এমন একটা নির্বাচনী...

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In September 2006, a 1,320-megawatt (MW) thermal power plant was proposed to be set up in Dhenkanal district in east-central Odisha by the Hyderabad-based Lanco Group. The proposal followed a memorandum of understanding (MoU) signed the same month with the then Biju Janata Dal (BJD) government of Odisha, headed by Chief Minister Naveen Patnaik. A subsidiary of the Lanco Group, Lanco Babandh Power...

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Published : Apr 08, 2026 22:06 IST Paranjoy Guha Thakurta, Ayush Joshi A company set up 28 years ago with public money to facilitate imports of natural gas for India’s industries and households is now caught in uncertainty amidst the war in West Asia. When the government established Petronet LNG Ltd (PLL) in 1998, it kept a calculated loophole in the ownership structure. (LNG stands for liquefied...

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