Balance of Payment (BoP) for 2017-18, as per the RBI data, shows a reasonable jump of over 13% in exports. This has come after a gap of five years during which it has shrunk by nearly the same amount. However, the gains were more than negated by even sharper increase of 20% in imports. But … Continue reading India’s Balance of Payment – I
Jaiprakash Associates (JAL) suffered two setbacks; first with The Supreme Court denying it permission to bid for its subsidiary, Jaypee Infratech, which is undergoing insolvency proceedings. The second one came when lenders sold another of its subsidiary for failing to meet its debt obligation. While JAL was certain to lose most of its equity investment … Continue reading Jaiprakash Associates – What Went Wrong??