Calls to regulate global proxy advisory firms mounted after 2 US-based firms recommended a vote against re-election of 3 Indian stalwarts to HDFC Board. What are these firms, why is their working contentious?
In 2002, as interest rates started sliding and there were early signs of a rebound in growth at a time when the global economy was yet to recover, the Budget division of the Finance Ministry started analysing the government’s expenditure trends for potential cuts and savings. They noticed that, unsurprisingly, close to half the government’s […]
Former governor of Reserve Bank of India Bimal Jalan talks about how he addressed the issues of transparency and accountability in financial transactions and governance in his new book, India Ahead: 2025 and Beyond.