Chief economic adviser Krishnamurthy Subramanian said the mindset of profit being 'private', while losses are 'public' is not good for the market economyThe chief economic adviser's statement could temper expectations of a stimulus for cash-strapped Indian businesses
1 min read22 Aug 2019So long as private companies seek reforms that allow market forces to operate freely, they should not be faulted. Asking for special sector-specific benefits, however, is quite another thing
1 min read22 Aug 2019Talks of an IL&FS government bailout were necessitated following failed attempts by the company to raise ₹4,500 crore through a rights issue
4 min read22 Oct 2018Air India will use the fund infusion from National Small Savings Fund to mainly meet its working capital requirements
1 min read19 Oct 2018A comprehensive telecom relief package is some time away as the Telecom Commission is still awaiting clarifications from an inter-ministerial group dealing with the issue
2 min read29 Sep 2017Faced with a new rival with deep pockets, Reliance Jio, heavily indebted telecom firms, including Airtel, Idea Cellular and Vodafone, are rushing to the government for a bailout package, which the government is considering
5 min read25 Dec 2019If this monsoon season has a theme in India, it has to be debtbe it bad loans at banks, farm loan waivers or telecom firms lobbying for a government bailout
3 min read25 Jun 2017Since the bailout by the British government which began in 2008, RBS has offloaded billions of pounds of assets a week, as it tries to shrink down to being a simple UK-focused lender
6 min read3 Apr 2017There is something about Indian governments and their love for bailing out airlines in trouble, as was evident in the case of Kingfisher, Air India and now SpiceJet
1 min read18 Dec 2014Air India risks turbulence as it seeks to cut costs
3 min read3 Mar 2010The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared