RBI refuses to budge on Paytm
Governor Shaktikanta Das’s firm stance means the Paytm chief’s meeting with the central bank and the finance minister does not seem to have done much for the troubled entity.
12 February, 2024•1 min
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12 February, 2024•1 min
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Business
How SpiceJet and India’s legal system nearly killed the aircraft leasing business
Interminable delays and multiple out-of-court settlements later, the world’s leading lessors have tweaked their India playbook—stiffer terms, higher rentals. The fallout has hit aviation startups hard.
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Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
Business
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