Last week, this column talked about falling bridges – especially in Bihar—and India’s crumbling infrastructure. Almost immediately after, the Times of India reported on an even more surreal example of wasteful planning...
India has never invested more heavily in infrastructure than in the past decade. Highways, expressways, airports, tunnels, bridges and ports have been built at record speed. These have been showcased through drone footage, glossy videos...
Sixteen years. That is how long the National Stock Exchange (NSE) has fought to avoid being held directly accountable under the Right to Information (RTI) Act. Last week, the Delhi High Court finally dealt a decisive blow to that...
They picked the wrong judge to intimidate. But the real damage could be to every citizen who depends on an independent judiciary.
The recent disclosures by retired Bombay High Court judge, Gautam Patel, about the threats and...
The core job of an asset reconstruction company (ARC) is to buy troubled assets, recover maximum value from bad loans, clean up bank balance sheets and restore financial stability. They fulfil the first function efficiently, but their role...
Despite the obvious impact of the war in Iran, the only visible blot in the official narrative of stellar economic growth has been the 11%–12% slide in the Indian rupee. According to official data, India’s real gross domestic...
On 3 June 2026, the Securities and Exchange Board of India (SEBI) dropped a 109-page bombshell on the markets. In an interim order against Bengaluru-based Rajesh Exports Limited (REL), it alleged financial misrepresentation worth a...
On 17 March 2026, during a hearing of the public interest litigation (PIL) filed by this writer on unclaimed financial assets, senior counsel Prashant Bhushan, informed the Supreme Court that the government, had promised that a central...
On 16 May 2026, 30-year-old Abhijeet Dipke, a public relations student in Boston, made history. His satirical online creation from a dorm room — the Cockroach Janata Party (CJP), complete with a short manifesto — morphed into a...
Kushal Nath (names changed) earns ₹12,000 a month as a contract worker and supports a family of 13. He managed to borrow from six digital apps, each charging 36%–40%pa (per annum), landing him with a combined equated monthly...
In India, litigation goes on forever. And, even when the main accused is no more, other enablers, collaborators and foot soldiers remain entangled in the slow grind of the legal system for decades.
On 7th May, a judgement by...
What began as a ₹350-crore fraud complaint, in the aftermath of the collapse of Infrastructure Leasing & Financial Services (IL&FS), has now morphed into a stunning story of how the allegation of fraud itself was a...
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.