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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
In June 2013, an Independent Panel Report (IPR) recommended to the World Bank that the aggregate scores and country rankings reported in its Doing Business Report (DBR) be disbanded. According to them, doing away with the scores and rankings would “improve focus on underlying substantive issues and enhance the report’s value.” The World Bank, however, rejected the recommendation. It said disbanding the rankings would diminish the media coverage of DBR and “the report’s influence on policy and public discussion in the short term.”
Eight years later, in September 2021, the World Bank officially decided to “discontinue” not just the scores …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.
