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The government, said Vivek Joshi, “has had nothing to do until now when it comes to the actions taken on Paytm. And we believe that the RBI must have taken the action in the overall interest of the consumer and the economy”.

The government, said Vivek Joshi, “has had nothing to do until now when it comes to the actions taken on Paytm. And we believe that the RBI must have taken the action in the overall interest of the consumer and the economy”.

The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.
After building and then losing India’s biggest retail empire, Kishore Biyani and family are now scripting a discreet retail comeback with departmental store Broadway. Can they get the economics right this time around?
While nowhere close to the KOSPI rout, India’s significant leveraged stock bubble poses some real risks to investors.
The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.
After building and then losing India’s biggest retail empire, Kishore Biyani and family are now scripting a discreet retail comeback with departmental store Broadway. Can they get the economics right this time around?
While nowhere close to the KOSPI rout, India’s significant leveraged stock bubble poses some real risks to investors.