India has just overtaken Japan to become the world’s fourth-largest economy, with nominal gross domestic product (GDP) clocking in at US$4.19trn (trillion). Yet, behind this headline triumph lies a serious contradiction. Nearly 65%...
Despite multiple warnings and committee recommendations, the Reserve Bank of India (RBI) continues to evade the core issue: issuing clear, enforceable directions to banks on resolving the continued harassment of customers over...
In a candid interview with The Indian Express, Tuhin Kanta Pandey, the newly-appointed chairman of the Securities and Exchange Board of India (SEBI), acknowledged a significant lapse in the regulator's transparency standards. He noted...
Unchecked fraud in initial public offerings (IPOs), especially listings by small and medium enterprises (SMEs) should set off loud alarm bells for retail investors, especially those hunting for multi-bagger in this segment. As many as...
At a time when most of us were riveted on Operation Sindoor, a decision by judges of the Supreme Court of India (SC) to voluntarily declare their assets went largely unnoticed. The disclosures are a step forward from the sporadic and...
On 29 April 2025, the Supreme Court of India (SC), issued a landmark order directing the central bureau of investigation (CBI) to register seven preliminary enquiries and set up a special investigation team (SIT) to probe, what it...
The customer is king—a much quoted business mantra coined by Harry Gordon Selfridge a century ago—is more of a hollow slogan today. Instead, customers of giant organisations are forced deal with ‘systems’ that work...
Just under a year ago, I reported (Moneylife Exclusive: Serial Fraudster Dinesh Dalmia Strikes Again: Dupes Lenders of Nearly Rs200 Crore) that Dinesh Dalmia, serial fraudster and founder of the now-defunct DSQ Software group, had...
Air travel remains unrivalled as the preferred mode of long-distance transportation globally, with 4.7bn (billion) passenger trips logged in 2023, according to the International Air Transport Association (IATA).
Its allure...
At the grandly titled Start-up Mahakumbh last week, Union minister for commerce and industry Piyush Goyal delivered yet another controversial speech—one that swiftly turned into a lightning rod for criticism. This was not his first...
Brazen price manipulation, stock cornering, fabricated financial disclosures and social media influencers fuelling pump-&-dump schemes—this is the alarming new reality of India's capital markets. A growing network of...
Three months into his tenure as the 26th governor of the Reserve Bank of India (RBI), Sanjay Malhotra delivered a hard-hitting speech at the annual conference of bank ombudsmen, on 17th March. His words raised hopes of a much-needed...
Among the best known financial journalists in India, in 2006, Ms Dalal was awarded the Padma Shri, India government s third highest civilian award, based on her outstanding investigative journalism since the early 1990s. Her 35 years of investigative reporting spans the Harshad Mehta scam, CR Bhansali scam, and expose of Enron among others. She was the Financial Editor at The Times of India and has also written for Business Standard, The Economic Times, Indian Express and Financial Express among others. She served as a member of SEBI s primary market advisory committee, the Narayana Murty Corporate Governance Committee and as a member of Investor Education and the Protection Fund of the Ministry of Corporate Affairs . She has co-authored the best-selling book The Scam: From Harshad Mehta to Ketan Parekh and a biography of A D Shroff, a Titan of Finance.