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There has been extensive global coverage of India’s forced exchange of its high-value currency notes  almost three months ago, referred to locally as ‘demonetisation’. This week the world is again watching India, as the government is about to publish...

A Publication of the Communist Ghadar Party of India, January 2017 The year 2016 came to an end amidst a grave cash crisis created by deliberate government action. The demonetization drive launched on 8th November, popularly called the Note Ban, has...

The Great Indian Bank day light Robbery: Rs.2.27 trillion. i.e. Rs.2270,000,00000---- By S.Srinivasan chor machaye chor ! About 11 years ago, Indian Express ran a series of articles under title The Great Indian Bank Robbery – chor machaye chor !on...

Prepare small banks for merger with large PSBs: Finance Ministry panel-Hindu Business Line 21.04.15 Mumbai, April 20: Small public sector banks, with assets of less than ₹2-lakh crore, should be readied for merger with five large PSBs, a Finance Ministry...

By Aparajita Gupta New Delhi, Dec 29 (IANS) Has the Reserve Bank of India (RBI) under its new governor, Urjit Patel, surrendered its hard-fought autonomy? Many experts feel so, particularly after the manner in which Prime Minister Narendra Modi’s government...