Rajeev Srinivasan on why the State must ensure that people will pay for the consequences of their actions, a concept that is sadly unknown in India. 'Clawback -- now that is a term in the American......
A South Block and Mint Road tango is in the offing in 2025, foregrounded by deeper consultations with various stakeholders. Illustration: Dominic Xavier/Rediff.com In the Union Budget for......
It is hardly surprising that the Reserve Bank of India's decision to revive a plan, first mooted in 2007, to introduce credit default swaps (CDSs) in India has met with considerable apprehension.......
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.' Interview with......
Unregulated energy market trading led to the Enron debacle-- that this was repeated with CDSs shows we've learnt little and new regulations like Sox were a sham. Manic Monday, Tragic Tuesday, Black......
In its draft guidelines issued on Wednesday, the Reserve Bank of India has allowed banks and primary dealers to act as market makers of credit default swaps. Banks and PDs, as market makers, will......