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Banking sector

Banks on 2-day strike from Monday

The All India Bank Employees Association had on Saturday announced that it would observe two day's strike to oppose the move of the Central government.

Rethink Development

Some policy changes may be required to rejuvenate the economy, the first being to remove the focus from big business and promote small enterprises, primarily, by reducing their burden of taxation. As of now, the tax structure favours the rich; the rate of taxation on firms and individuals is almost double the corporate tax rate.

Profit from misery

The Court was constrained at different points of time to tell the government not to hide behind the Reserve Bank’s skirts, to express dissatisfaction at the stand taken by it and on 10 September to give the government a last chance to respond to borrowers’ woes.