Banks Companies Indian Subcontinent Opinion

2 years Gone total Silence on 2bUS$ Biggest Indian scam, Fire at IT and GST office

Nirav Deepak Modi  is a fugitive Indian businessman, wanted by the Interpol and the Government of India for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption, money laundering, fraud embezzlement and breach of contract   Modi is being investigated in a $2 billion fraud case of Punjab National Bank Read More…

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Economic Collapse : Modi Cajoles Banks in India to offer more credit

Following Economy down scale prior outbreak of Covid-19, and then lockdown issue bank credit growth fallen drastically to 7 per cent in May from 11.5 per cent a year ago.   The growth is likely to remain muted during the current fiscal due to uncertainty and consequent risk aversion on part of borrowers as well Read More…

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India Ratings and Research warns FD to slip 7.6% and GDP Contract 5.3%

India’s real gross domestic product in Financial Year 2020-21 could contract 5.3 per cent, said India Ratings and Research on Wednesday   “This will be the lowest GDP growth in Indian history and the sixth instance of economic contraction, others being in FY58, FY66, FY67, FY73 and FY80,” said the ratings agency in a press Read More…